How Binance’s USDe ‘depeg’ cost the exchange millions
During the chaos, Ethena’s "synthetic dollar" USDe briefly traded at just $0.65 on Binance. The exchange has reimbursed victims with $283M.
Jake Harrison
121 stories, newest first
— Aster, Hypervault
No crying in the casino: XPL bug hits Aster, Hypervault rug pull suspected
Aster and Hyperliquid are locked in a duel for perp DEX dominance. Can the former lure traders faster than the latter loses them?
Circle rarely freezes stolen funds but wants reversible transactions
Circle’s Arc wouldn’t support reversible transactions directly, but disputes would resolve on another layer “akin to credit card refunds.”
Aster vs Hyperliquid: inside the high-stakes perp DEX war
Aster raised eyebrows when it tripled in price after listing on Binance, but can the perps exchange dethrone DeFi darling Hyperliquid?
On-chain ransom negotiations show ShibaSwap hacker won’t be low-balled
K9 Finance offered a low-ball bounty for the return of tokens stolen in the ShibaSwap hack, but the hacker wants 10 times the initial offer.
Qubic voids over 100 Monero transactions with longest ever ‘reorg’
Qubic continues to disrupt the Monero network with an 18-block "reorg" causing the loss of over 100 transactions.
Bubblemaps links MYX team to $170M airdrop farm
Blockchain analytics firm Bubblemaps linked a cluster of addresses that claimed $170M of MYX tokens during Myx Finance’s airdrop.
Staked ETH exit queue reaches 45 days, highest in over two years
The number of staked ETH in the exit queue jumped 60% yesterday, from just over one million ($5.7B) to over two and a half million ($11.7B).
Linea and Polygon disruption sparks concern among Ethereum L2s
Linea faced “degraded performance” of its mainnet sequencer, while Polygon reported “delays in block finality” due to a bug in node software.
Explained: how crypto’s ‘largest supply chain attack’ stole just $0.05
Despite compromising packages used across the industry, the attacker netted just $0.05, as well as an attention-seeking memecoin donation.