MegaETH’s MEGA launch soured by undisclosed fees on Kumbaya
Liquidity providers looking to earn juicy fees on MEGA’s launch were unpleasantly surprised when Kumbaya kept half for itself.
Results for Spotlight, DeFi
73 stories, newest first
DeFi plays the blame game
Protos breaks down the arguments over who’s to blame for the $14B meltdown sparked by Saturday’s $290M hack
DeFi sector in $14B meltdown as $290M rsETH hack fallout burns Aave
DeFi is in crisis mode with multiple lending markets at full utilization after $290M of Kelp DAO’s rsETH was hacked from Layer Zero.
The slow-motion ‘bank run’ in private credit
Crypto has exacerbated the problems of private credit, extending leverage and rehypothecation risk across increasingly risky loan books.
Steakhouse Financial front-end breach exposes users to phishing scam
The attackers have taken Steakhouse Financial's domain and turned its website and app into a wallet-draining phishing scam.
Flare’s billion-dollar XRP DeFi dream has just 80 new users a day
Flare’s FXRP DeFi ecosystem, pitched as a billion‑dollar XRP breakthrough, has seen slow adoption and largely flat user growth.
Resolv hack shows DeFi learned nothing from last contagion
After a hacker minted 80M USR, the resulting depeg has sown chaos across DeFi yield vaults, and "risk curators" face scrutiny once again.
DeFi lending platform Compound Finance hijacked again
The Compound incident is the latest in a string of website hijackings that have also affected Maple Finance, OpenEden and Curvance.
— DeFi, MEV Capital
Four months on, MEV Capital falls victim to $4B DeFi daisy chain implosion
Almost four months have passed since the disassembly of a DeFi daisy chain, which saw the value of the "yield vault" sector drop by over $4B.
DeFi exploiter targets lending protocols with oracle tricks
Ploutos Money used the BTC/USD price for USDC, leading to $400K of ETH being lent against just $8 of collateral.