In brief Solana DEX Raydium was hit with a $1.3 million exploit on Wednesday. The exploit affected five deprecated liquidity pools from an older version of its automated market maker program. The incident joins …
DeFi
- Bitcoin & Ethereum
DeFi Users Warned to Revoke Approvals Before Anthropic’s Mythos AI Launches
by adminby adminToken approvals often accumulate unnoticed over time, creating potential exposure if previously trusted contracts become compromised. Anthropic is reportedly set to release a public version of its Mythos AI model, and crypto analyst The …
- NFT & Metaverse
TradFi will sit out DeFi growth until security issues are resolved, executives say
by adminby adminThe long-term value of decentralized finance (DeFi) depends on its ability to transform the back-office operations of global banking institutions rather than providing alternative trading environments, according to asset management and banking executives. Speaking …
On May 28, Aave Labs announced that its UK subsidiaries Push Labs Ltd. and Push Virtual Assets Ltd. received FCA registration as cryptoasset exchange providers, layered on top of the group’s existing Electronic Money …
- Blockchain Research
Have AI agents made the entire $148 billion DeFi sector unsafe?
by adminby adminA warning from one of decentralized finance’s (DeFi) early security figures has turned a difficult stretch of hacks into a broader test of how the industry can defend itself against artificial intelligence (AI). On …
- DeFi Market
The $293 million KelpDAO hack shows why DeFi is finally being forced to grow up
by adminby adminFor protocol founders and security researchers, the incident reinforced a broader shift underway across crypto: DeFi is no longer primarily battling coding bugs. It’s battling complexity.
- Bitcoin & Ethereum
Bitcoin DeFi pitched in $46 million proposal ask by Cardano team
by adminby adminInput Output, the private engineering company that built and continues to develop the Cardano blockchain, is seeking about half the funding it requested last year from the project’s community treasury. The company submitted nine …
Ethereum’s Vitalik Buterin is rethinking how DeFi handles market crashes
Ethereum co-founder Vitalik Buterin is exploring a new way to build crypto investment products that could reduce one of decentralized finance’s biggest risks: sudden liquidations. In a research post published Monday, Buterin proposed creating …
Ethereum Price Slips 10% Behind Bitcoin as DeFi Engine Loses $43 Billion
Ethereum (ETH) price is stalling near $2,140 as a sharp DeFi erosion since January now matches a bearish chart structure carved out over the past seven weeks. The lag against Bitcoin and a sliding …
North Korea’s crypto heist playbook is expanding and DeFi keeps getting hit
Less than three weeks after North Korea-linked hackers used social engineering to hit crypto trading firm Drift, hackers tied to the nation appear to have pulled off another major exploit with Kelp. The attack …