YieldBlox lending pool hit by $10M hack on Stellar
The attack on a lending pool belonging to YieldBlox pushed the price of USTRY to over $100 before using it to borrow XLM and USDC worth $10M.
Jake Harrison
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Inside DeFi 005: 🌪️ Base shuns Optimism, Discord’s KYC disaster
Base leaves Optimism, DeFi projects shut down, plus Discord spyware, and AI meets DeFi
Aave developer BDG Labs to ‘cease contribution’ after DAO drama
The latest in a string of Aave DAO disputes sees BGD Labs quit, citing Aave Labs’ behavior around v4 and centralization concerns.
DeFi, meet Claude: Moonwell’s ‘vibe-coded’ oracle in $1.8M blowup
Moonwell’s third oracle malfunction in six months saw the price of cbETH set at $1.12 instead of $2,200, leading to 1096 cbETH liquidated.
Copy, Paste, Rekt: Ethereum address poisoning strikes again
Two crypto users lose a combined total of almost $1M to address poisoning. One even ignored their own test transaction.
DeFi projects hit by fresh wave of front-end attacks
An uptick in front-end attacks targeting DeFi users has affected the websites of OpenEden, Curvance and Maple Finance.
Is Aave Labs’ proposal ‘extractive’? DAO debate heats up
Aave Labs’ latest proposal looks to be a step in the right direction after two months of debate. But the sums requested are considerable.
X Creators $1M prize winner exposed as memecoin pump-and-dumper
Beaverd appears unbothered by the exposé of their on-chain escapades, suggesting Bubblemaps failed to find their “top five greatest hits.”
Inside DeFi 003: 🛸 Crypto in crisis, DeFi doomerism
This week's crypto market bloodbath has seen DeFi’s TVL drop to under $100B for the first time since May last year.
Aave brand dispute rumbles on as founder buys £22M London property
The DAO vs Labs brand ownership debate is still to be settled. Meanwhile, founder Stani Kulechov spent $30M on a new London mansion.