Bitcoin24h $87,392.98-1.77%

Ethereum24h $2,961.95-2.18%

BNB24h $848.89-1.18%

XRP24h $1.88-1.91%

Solana24h $124.34-1.19%

TRON24h $0.2836-1.28%

Dogecoin24h $0.1307-0.73%

Cardano24h $0.3649-0.41%

Bitcoin Cash24h $581.83+0.60%

Chainlink24h $12.32-1.72%

Circle dragged for dragging feet as DeFi protocol GMX hacked

USDC stablecoin issuer Circle has been criticized for not freezing $9M taken in the GMX protocol hack quickly enough.

DWF Labs-backed USDf depegs as red flags raised over quality of backing

So-called “synthetic dollar” USDf, which is backed by controversial market maker DWF Labs, is off-peg and has hit a low of $0.98.

The team behind blockchain bridge Across has been accused of funnelling $23M worth of treasury funds into its own company, Risk Labs.

Messages left on-chain from the hacker’s address appear to set the record straight about the root causes of the Cork Protocol incident.

A new report, titled MEV and the Limits of Scaling, explores the vast volume of MEV spam offsetting improvements in blockchain throughput.