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.
Results for DeFi
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Across Protocol accused of looting DAO treasury of $23M
The team behind blockchain bridge Across has been accused of funnelling $23M worth of treasury funds into its own company, Risk Labs.
‘Sherlock missed it’: Cork hacker slams audit firms in on-chain messages
Messages left on-chain from the hacker’s address appear to set the record straight about the root causes of the Cork Protocol incident.
Your L2 transaction fees are higher because of MEV spam, report
A new report, titled MEV and the Limits of Scaling, explores the vast volume of MEV spam offsetting improvements in blockchain throughput.
Bitcoin DeFi project ALEX exploited again, aBTC depegs
The issue concerns failed transactions on Stacks, a DeFi-focused layer two scaling solution for the Bitcoin network.
CHART: Trump’s World Liberty Financial portfolio is a mixed bag
Trump-endorsed World Liberty Financial boasts a portfolio that includes a number of cryptocurrencies that have lost value.
Curve Finance warns users after website and X account hacks
Curve Finance has warned users to avoid its curve.fi website due to a DNS hijacking attack, which redirects users to a wallet drainer.
Lido oracle key compromise — was $23B really at risk?
While some commentators called the compromised oracle key “alarming,” others stressed that fears were overblown.
Abandoned DeFi websites used to host crypto wallet drainers
The DeFi website scam relies on former users of now-defunct projects coming back to remove previously deposited funds.
— DeFi, PancakeSwap
PancakeSwap wars: half of CAKE voting power snapped up before new proposal
A proposal to fundamentally alter PancakeSwap's governance has resulted in a race to snatch up token supply and lock it before voting.