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...

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BTC Rebounds After Hitting 4-Month Low, While Stock Market Rout Continues

Bitcoin rebounds after hitting a 4-month low of $76,000, while Ethereum continues underperforming at 16-month lows amid $1.1 billion...

Robinhood’s Crypto Trading Volume Plummets 29% in February Amid Market Downturn

Robinhood's crypto trading volume plunged 29% in February to $14.4 billion, outpacing declines in its equities and options trading...

Cantor Fitzgerald Launches $2 Billion Bitcoin Financing Business with Anchorage Digital and Copper as Custodians

Cantor Fitzgerald launches Bitcoin financing business with $2 billion in initial capital, partnering with Anchorage Digital and Copper as...

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