Oracle error adds to turmoil at DeFi giant Aave
Chaos Labs’ Correlated Asset Price Oracle pushed a faulty update yesterday, causing a 2.85% drop in the price of wstETH collateral.
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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.
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.
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.
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.
The DAO hacked again, but this time it’s the good guys
After last week's news that leftover funds from The DAO would go to Ethereum security, a further 50 ETH has been rescued.