The Solana-based perpetuals exchange will issue burn-on-redeem recovery tokens funded by exchange revenue, a $127.5M Tether commitment, and another $20M from partners.Drift Protocol on...
The 11 U.S.-listed spot bitcoin BTC$79,707.35 exchange-traded funds (ETFs) have now recorded two consecutive months of net inflows in a sign of renewed institutional...
The Aave-linked recovery group DeFi United has published a technical implementation plan to restore rsETH backing after the April 18 Kelp bridge exploit released...
In the often-fractured world of decentralized finance, crises tend to expose fault lines. This time, they’re also revealing an unusual level of coordination.Aave, one...
The DeFi United coalition crossed its rsETH backing target after a flood of weekend commitments from across the Ethereum, Solana, TRON, Avalanche, and Bitcoin...
Decentralized finance (DeFi) protocol Volo has disclosed a security breach that resulted in the loss of approximately $3.5 million in digital assets, marking the...