Articles

XRPL Patches Decade-Old Flaw That Could Have Broken XRP’s Fixed Supply

RippleX disclosed that XRPL patched a decade-old payment engine flaw that could have allowed unauthorized XRP minting, threatening its fixed 100 billion supply. The team will now expand AI-assisted security...

Derive’s $DRV Surges 260% After Citrini Endorsement: Is the On-Chain Options Leader Overvalued?

Citrini Research's 10% allocation to Derive's $DRV sparked a 260% monthly rally, but with annualized fees of just $8.6 million against a $551 million market cap, the on-chain options leader...

Relay Shuts Down Vaults Product, Marking Another Cross-Chain Yield Retreat

Relay has halted new deposits into Relay Vaults and opened a withdrawal path for existing users, retiring a product that turned idle cross-chain liquidity into yield. The wind-down reflects falling...

Relay Shuts Down Vaults Liquidity Product, Gives Users Until End of 2026 to Withdraw

Relay is discontinuing its Vaults liquidity product and has disabled new deposits, giving existing users until December 31, 2026 to withdraw via a dedicated page, with contract-level withdrawals remaining available...

BlockSec Flags $3.55M Cross-Chain Bridge Claim as Authorization Source Remains Unclear

BlockSec Phalcon detected that roughly $3.55 million in unclaimed cross-chain bridge funds were claimed and moved, with the authorization source still unclear. The transfer came days after on-chain researcher stuckfunds.eth...

Oct 9

HyperEVM’s Application Layer: Trading Expansion, Capital Concentration, and Protocol Evolution

Hyperliquid's dominance in on-chain perpetual futures is driving rapid expansion of its HyperEVM application layer, but capital remains highly concentrated among a few protocols. The ecosystem's next test is converting...

Hyperliquid Tops $1.4B in Cumulative Revenue, Captures 56% of On-Chain Perp Market

Hyperliquid has crossed $1.4 billion in cumulative protocol revenue and spent over $1.26 billion buying back HYPE, while controlling more than 56% of on-chain perpetual open interest. The milestone underscores...

Robinhood Chain Weighs Paid Priority Trading in MEV Pivot

Robinhood Chain is weighing Arbitrum's Priority Gas Auction model, which would let users pay more to jump the queue. The chain currently uses first-come, first-served ordering. The choice would turn...

Unichain Migrates to OP Enterprise in Bid to Unlock Native Cross-Chain Interoperability

Unichain will migrate to OP Enterprise to enable native interoperability across OP Stack chains, starting with ETH transfers. The testnet moves on October 13, with mainnet following in late October....

Aerodrome and Velodrome Merge into Aero: Token Conversion Set for October 21

Aerodrome and Velodrome will merge into Aero on October 21, with AERO converting 1:1 and VELO at ~0.044. The combined protocol, with $422M TVL, aims to create a dominant cross-chain...

Tether’s Unannounced USDT Freeze on THORChain Sparks Decentralization Debate

Tether froze four USDT wallets on THORChain without warning, immobilizing $1.45M for two hours. The incident highlights centralization risks in DeFi and may push protocols to diversify stablecoin reliance.

79thVault Attacker Returns $11.1M in BNB: Inside the Rise of On-Chain Negotiated Recoveries

An attacker who exploited 79thVault has returned 15,000 BNB, worth about $11.1 million, to a project-designated wallet. The partial recovery highlights how on-chain forensics, bounty norms and legal pressure are...

Bitget Demands THORChain Blacklist Hacker Addresses: Does Decentralization Mean Free-for-All?

Bitget has asked THORChain to blacklist addresses linked to an exploit, raising a fundamental question: can a decentralized protocol be forced to censor funds? The standoff tests whether permissionless infrastructure...

Oct 8

Pump.fun Expands Custom Pairs, Letting New Tokens Trade Against Any Asset on the Platform

Pump.fun has expanded its Custom Pairs feature so new tokens can be quoted against any other token on the platform, including bonding-curve and PumpSwap-migrated assets, with holder rewards attached. The...

Aptos Foundation Permanently Locks and Stakes 210M APT in Landmark Tokenomics Shift

The Aptos Foundation will permanently lock and stake 210 million APT — about 37% of its launch allocation — funding operations through staking rewards instead of token sales. The move,...

Perp DEXs Enter the ‘Hole Cam’ Era: On-Chain Trading Turns Transparent, Watchable, and Contestable

Perpetual DEXs are moving from merely visible transactions to understandable strategies, creating a watchable on-chain trading market. This 'hole cam' shift forces traders to manage strategy leakage, spawns copy-trading and...

Polkadot Launches dotUSD: A DAO-Governed Stablecoin Without a Single Issuer

Polkadot has launched dotUSD, a native stablecoin with no single issuer, governed entirely by DOT holders through the OpenGov on-chain mechanism. The design tests whether DAO governance can manage a...

David Schwartz vs. Flare CEO: How Big Can XRP Ledger Lending Get?

Ripple CTO Emeritus David Schwartz and Flare CEO Hugo Philion are debating how large the XRP Ledger lending opportunity can become, even as third-party protocols race to launch lending before...