DeFi

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...

DeFi Breakthrough: ZDEX Presale Emerges as New Crypto Launchpad Platform

ZDEX launches presale at $0.0017 with predicted returns of up to 1,000% through its ZircuitDEX launchpad platform ZircuitDEX offers EVM compatibility and implements ZK proofs...

Latest news

Musk Attributes Major X Platform Outage to “Massive Cyberattack” as Bitcoin Falls Below $80,000

X (formerly Twitter) experienced a major outage on Monday that Elon Musk attributes to a "massive cyberattack," potentially by...

Sony Celebrates Aibo Robot Dog’s 25th Anniversary with Free Soulbound NFT Collection on Soneium Blockchain

Sony celebrates Aibo robot dog's 25th anniversary with free-to-mint soulbound NFT collection on its Soneium blockchain.Over 9.8 million "Entertainment...

SEC Acting Chair Uyeda Seeks to Reverse Crypto Regulation Proposal

SEC Acting Chairman Mark Uyeda is seeking to reverse a regulatory proposal that would have expanded the agency's jurisdiction...

Must read