Drift victims can finally cash out six months after an April exploit left nearly $295.4 million in verified losses. Yet the numbers show just how long the road to restitution may be.…
Noncustodial trading platform Byrrgis aims to fix fragmented decentralized finance trading by removing the need for native gas tokens and unifying discovery, evaluation and execution across chains. Fragmented DeFi Trading Across Networks…
Attackers extracted roughly $8.7 million from Moonwell after artificially inflating the price oracle of the low-liquidity MAMO token, then using it as collateral to borrow higher-value assets before converting them to DAI.…
Multi-chain DEX Ring Protocol has integrated Orbs’ Layer 3 infrastructure to bring advanced algorithmic trading tools to traders on Base, Arbitrum, Ethereum, and BNB Chain. Precision Execution for On-Chain Traders Multi-chain decentralized…
The Sui Foundation and Mysten Labs launched the testnet for Hashi earlier this week, a Bitcoin-collateral protocol that lets BTC back onchain loans without ever leaving the Bitcoin network. A Bridge Built…
DeFi infrastructure firm Enso has identified a new class of malicious liquidity pools called “toxic pools.” Unlike traditional exploits that steal funds directly, these pools manipulate transaction simulations. A ‘Jekyll and Hyde’…
The blockchain research and development firm Babylon Labs submitted a Temperature Check to Aave DAO on Monday, seeking approval to integrate Trustless Bitcoin Vaults with Aave V4 and onboard native BTC as…
The European Commission has launched a broad review of the EU’s landmark crypto regulation, MiCA, signaling potential changes to rules governing stablecoins, decentralized finance ( DeFi), staking, and tokenized assets. The consultation…
The cross-chain communication protocol Layerzero Labs disclosed on Friday that its internal infrastructure was compromised by North Korean hackers and a simultaneous DDoS attack during the KelpDAO breach. Layerzero Labs Apologizes for…
Babylon Labs and Gomining have announced plans to integrate their infrastructure, allowing bitcoin holders to lock their BTC into the former’s trustless vaults and earn native mining rewards from Gomining’s operations, all…