Markets
Verus Bridge Exploit Sees $11.6M Vanish — A DeFi Security Wake-Up Call
Verus Protocol's Ethereum bridge fell prey to a $11.6M exploitation, echoing past DeFi breaches and spotlighting security flaws.
John Nada•May 18
DeFi
DeFi
Decentralized finance protocols, yield farming, and liquidity(194 articles)
Markets
Aave Restores WETH Borrowing Amid Kelp DAO Recovery
Aave restores WETH borrowing after Kelp DAO exploit recovery, amid market shifts and strategic updates.
John Nada•May 18
Crypto
THORChain Exploit Exposes $11 Million Cross-Chain Vulnerability
THORChain's $11M exploit tests DeFi's cross-chain resilience. Will trust endure amid vulnerabilities?
John Nada•May 16
Markets
THORChain Halts Trading — $10M Exploit Rocks DeFi Security
THORChain pauses trading after a $10M exploit, highlighting ongoing DeFi security concerns amid rising hacker activity.
John Nada•May 16
Markets
THORChain Trading Halted After $10M Exploit Triggers Investigation
THORChain has halted trading after a suspected exploit linked to over $10 million in losses. This incident underscores ongoing vulnerabilities in cross-chain protocols.
John Nada•May 15
Crypto
Aave Seeks Governance Approval for $71 Million in Disputed ETH
Aave is moving forward with a governance vote to transfer $71 million in disputed ether, amid a complex legal battle involving North Korean creditors.
John Nada•May 12
Markets
Chainlink Surges as DeFi Projects Shift to Safer Cross-Chain Solutions
Chainlink sees a surge as DeFi projects migrate to its CCIP following a major exploit at KelpDAO, highlighting security concerns in cross-chain infrastructure.
John Nada•May 11
Crypto
DeFi Faces Reckoning After $16.5 Billion in Exploits
DeFi faces a critical juncture after $16.5 billion in hacks, with implications for security measures and institutional adoption amidst rising regulatory scrutiny.
John Nada•May 10
Crypto
Court Approves Arbitrum DAO's $71M Ether Transfer to Aave Amid Hack Fallout
A federal judge allowed Arbitrum DAO to transfer $71 million in frozen Ether to Aave, aiding recovery from a North Korea-linked exploit. This ruling shapes future DeFi recovery efforts.
John Nada•May 9
Crypto
Judge Permits Aave to Access $71 Million in ETH from North Korea Hack
A federal judge has allowed Aave to transfer $71 million in frozen ETH linked to a North Korea hack, while maintaining terrorism victims' claims on the funds.
John Nada•May 9
Markets
Arbitrum Votes to Release $71 Million ETH Amid Legal Battle
Arbitrum's governance has approved the release of $71 million in ETH, despite a legal battle over asset ownership involving North Korea. This decision highlights the complexities of decentralized governance amid regulatory scrutiny.
John Nada•May 8
Markets
Institutional Investors Remain Cautious on Perpetual DEXs Amid Security Concerns
Panelists at Consensus Miami discuss why institutional investors are hesitant to embrace perpetual decentralized exchanges due to security and KYC concerns.
John Nada•May 8
Crypto
Solv Protocol Shifts $700M Bitcoin Tech to Chainlink Amid Security Concerns
Solv Protocol is migrating $700M in tokenized Bitcoin from LayerZero to Chainlink CCIP, highlighting security risks in DeFi's cross-chain bridges.
John Nada•May 7
Crypto
Arbitrum Proposal to Release $71M in Frozen Ether Set to Pass
A proposal to release $71 million in frozen Ether after the Kelp exploit is likely to pass, signaling a crucial recovery effort in the DeFi space.
John Nada•May 7
Crypto
Aave to Revamp Collateral Standards Following Major DeFi Exploit
Aave Labs plans to overhaul its collateral standards after the KelpDAO exploit, expanding risk assessments to include cybersecurity factors.
John Nada•May 7
Markets
Bitcoin's Security Edge: Institutional Adoption Grows Amid DeFi Concerns
Adam Back highlights Bitcoin's security as institutions eye adoption amid DeFi risks. The evolving landscape may reshape financial infrastructure.
John Nada•May 7
Crypto
State Street Highlights Urgent Need for Enhanced Blockchain Security Amid DeFi Vulnerabilities
State Street stresses the need for enhanced blockchain security as DeFi faces rising vulnerabilities, highlighting institutional concerns over recent hacks.
John Nada•May 5
Markets
Drift Protocol Unveils Recovery Plan After $295 Million Hack
Drift Protocol outlines a recovery plan for users after a major hack linked to North Korean hackers, highlighting the need for enhanced security in DeFi.
John Nada•May 5
Crypto
Aave Battles to Unfreeze $71 Million Amid Kelp DAO Legal Clash
Aave seeks to unfreeze $71 million linked to a hack, arguing the funds belong to users, not a North Korean hacker. The case could set crucial precedents for DeFi regulation.
John Nada•May 4
Crypto
Mike Cagney Reimagines Credit Markets with Blockchain Innovations
Mike Cagney’s Figure Technology Solutions is revolutionizing credit markets by leveraging blockchain technology to enhance efficiency and accessibility.
John Nada•May 3