DeFi

DeFi-AI Integration Faces Hurdle as Centralized Computing Clashes With Crypto Ethos

The DeFi market's next phase combines Artificial Intelligence with decentralized finance, creating an estimated trillion-dollar market opportunity. Current AI agents rely heavily on centralized Big...

DeFi Protocol Activates Revenue Sharing After Stablecoin Slips Below Dollar Peg

Staked stablecoin USD0++ experienced a depegging event, falling to $0.89 from its $1 target. The incident occurred after implementing new floor price and...

DeFi Risk Managers Face Scrutiny Over Ethena’s USDe Integration at Aave, Sparking Conflict of Interest Debate

Aave governance proposal suggests pegging USDe to USDT 1:1, raising concerns over risk assessment. Risk advisors working simultaneously for Aave, Maker, and Ethena create potential...

Crypto Heists Hit Record $2.2 Billion in 2024 as Exchanges, DeFi Protocols Face Sophisticated Attacks

Cryptocurrency thefts reached $2.2 billion by Q3 2024, surpassing 2023's total losses of $1.8 billion. DMM Bitcoin suffered the largest single loss at $308 million...

North Korean Hackers Take $500K Hit as Crypto Trading Backfires on DeFi Platform

North Korean Hackers lost approximately $500,000 in liquidations on HyperLiquid DeFi protocol. HyperLiquid's security relies on just four validators, raising concerns about potential vulnerabilities. The protocol...

North Korean Hackers Behind $50 Million Radiant Capital DeFi Protocol Theft

North Korean Hackers executed a $50 million theft from Radiant Capital through sophisticated social engineering. The attack involved impersonating a former contractor to distribute Malware...

DeFi Hacking Now ‘Full-Time Job’ for Attackers, Says ImmuneFi Founder

DeFi Hacking losses decreased to $424 million in Q3 2024, marking a 38% year-over-year reduction. Total crypto losses from hacks in 2024 reached approximately $1...

Fifth Circuit Ruling on Tornado Cash Sparks Rally in Privacy Tokens, DeFi Market

The Fifth Circuit Court ruled that immutable smart contracts cannot be sanctioned under existing laws, causing privacy tokens and DeFi protocols to surge TORN, Tornado...

Latest news

IRS to Cut Penalties, Speed Up Crypto Tax Disclosure Program

The IRS is overhauling its voluntary disclosure program, targeting lower penalties and faster resolution of tax violations, including those...

Ruby Patches Critical Regex Flaws After GitLab CVEs

Ruby released versions 4.0.9, 3.4.12, and 3.3.13 to patch four critical vulnerabilities in the Onigmo regular expression engine, two...

Senator demands Tether records on Hines deal

Sen. Richard Blumenthal has demanded Tether hand over records on its dealings with Bo Hines and Nxum by Nov....