Tag: DeFi

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Nearly $1 billion in bitcoin (BTC) ETF inflows power bull case as Kelp hack fuels DeFi jitters: Crypto Daily

Market dynamics continue to paint a bullish picture for bitcoin BTC$75,263.35 even as Iran-related developments and DeFi hacks dominate headlines.U.S.-listed spot ETFs pulled in...

Ripple CTO Emeritus Warns RLUSD Review Exposed A DeFi Security Red Flag

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ripple CTO Emeritus David Schwartz, said his review of DeFi bridge designs...

how it happened, and what it means for DeFi

A roughly $292 million exploit over the weekend has rattled the crypto industry, exposing vulnerabilities in decentralized finance (DeFi) infrastructure and raising concerns about...

Kelp Exploit Spread ‘Contagion’ Throughout DeFi Ecosystem: Crypto Execs

The exploit of the Kelp liquid restaking protocol shows how non-isolated lending and integrations in decentralized finance (DeFi) can cause broader ecosystem contagion, according...

Aave records $6 billion TVL drop as Kelp hack exposes structural risk at DeFi lender

Aave just watched $6.6 billion walk out the door, and it's not because anyone hacked Aave.The protocol's total value locked dropped from $26.4 billion...

Ripple-linked token goes live on Solana in DeFi boost

Wrapped XRP went live on Solana on Friday, issued by custodian Hex Trust and bridged through LayerZero, making the token available inside Solana's DeFi...

Tether To Lead $150M Recovery Program for DeFi Platform Drift Protocol

Stablecoin issuer Tether, the company behind USDt (USDT), said Thursday it will back a $150 million recovery program for the Drift Protocol decentralized exchange...

DeFi Hacks Surge After $280M Drift Protocol Exploit

At least 12 DeFi protocols and crypto businesses have been attacked in just over two weeks since the $280 million Drift Protocol exploit on...

Hacked DeFi platform Drift gets funds to repay customers and relaunch with Tether

Drift, the DeFi platform that lost around $270 million in clients assets to a North Korean hack earlier this month, has secured $147.5 million...

LDO Bucks DeFi Downturn With 30% Monthly Rally After DAO Passes Buyback Scheme

Lido's token is the only top DeFi token in the green over the past 30 days, fueled by a $20 million treasury repurchase program.Top...

AllUnity Expands EURAU Stablecoin Into Uniswap DeFi Liquidity Pools

AllUnity, a regulated European stablecoin issuer, is expanding its euro-pegged stablecoin, EURAU, across major decentralized exchanges (DEXs).The company announced Thursday that its EURAU stablecoin...

Popular DeFi platform CoW Swap warns users to stay away from its site after security breach

CoW Swap, a decentralized trading interface, said Tuesday it temporarily halted its services after detecting a domain name system (DNS) hijacking incident affecting its...