TAC network was exploited via a vulnerability in the Cosmos EVM precompile layer, leading to the theft of 2.986 billion TAC tokens. The network has been paused, and the incident...
Kinetiq launches Elysium, a new L2 for Hyperliquid using HYPE as gas, aiming to boost HyperEVM performance and deepen HYPE utility. This strategic move could transform Hyperliquid into a full-fledged...
Binance Alpha lists TermMax (TMX), a fixed-rate lending protocol, signaling growing demand for predictable yields in DeFi. The airdrop and exchange exposure could boost adoption, but competition remains stiff.
Abraxas Capital has opened a $783M short position on Hyperliquid while hedging with spot purchases, signaling institutional-grade trading on DEXs. The move could indicate bearish sentiment or a basis trade,...
Term Finance suffers an $8.5M governance exploit despite timelocks and veto powers, highlighting vulnerabilities in DeFi governance. The incident underscores the need for better proposal validation and emergency response mechanisms,...
Term Labs lost $8.5 million in a governance exploit, highlighting critical security flaws in DeFi protocols. The attack underscores the need for stronger governance safeguards, specialized audits, and user protection...
A crypto whale's HYPE long position, held for 10 months, has yielded $57M in unrealized profits as the token hits new highs. The $110M position, opened at $38.6, survived $4.98M...
A HYPE whale's 10-month long position has yielded over $57M in unrealized gains despite paying $4.98M in funding fees, highlighting the hidden costs and strategic dynamics of perpetual futures trading...
A trader on the Aster DEX earned a 667% leveraged return by opening a 15x long on 1.66 million ENA tokens, highlighting the growth of high-leverage trading in DeFi and...
Allbridge suffered a $190K exploit due to insufficient CCTP message verification, exposing critical security gaps in cross-chain bridge design. The incident highlights the need for rigorous validation of message senders,...
Term Finance, a decentralized fixed-rate lending protocol, suffered a governance attack affecting its Term Vaults, with losses estimated at $8.5M by CertiK. The incident highlights vulnerabilities in DeFi governance and...
Hyperliquid's Builder Codes hit a record $984M in daily perp volume on August 21, signaling growing institutional adoption of on-chain derivatives. This milestone underscores the protocol's innovative incentive design and...
Polygon Foundation CEO Sandeep Nailwal revealed a staking and tokenomics reform proposal for Polygon PoS, introducing native staking and redirecting priority fees to POL stakers, potentially doubling yields. The move...
TAC, a Cosmos-based EVM sidechain, has halted its chain after an exploit affected sTAC token supply. The incident highlights ongoing security challenges in DeFi, particularly around cross-chain complexity and liquid...
Seven wallets were liquidated in just 5 minutes, with 65.05 million FARTCOIN (worth $12.9M) forcibly sold. The event highlights the dangers of leveraged meme coin trading and the potential for...
BounceBit is shutting down its Layer 1 chain after a protocol-level exploit moved 286.5 million BB tokens. The project will reissue the token on BNB Chain as a BEP-20 asset,...
Q2 2026 saw a healthy 16.78% decline in crypto-collateralized lending, with DeFi down 27.61% and CeFi down 9.62%. Futures open interest dipped slightly, indicating orderly deleveraging and reduced systemic risk.
HumidiFi suspends trading after an internal network incident, reassuring that client assets are unaffected. The event underscores operational risks in DeFi and the importance of transparent incident response.
HumidiFi's internal security breach, while not affecting user funds, underscores the importance of operational security in DeFi. The incident could lead to enhanced security standards across the industry.
Solana DEX HumidiFi suspended trading after an internal network security breach, claiming only platform funds were affected. The incident highlights off-chain risks in DeFi and the importance of robust internal...
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