Main Street’s msUSD collapses as Altura winds down vault
Despite claiming to be a transparent alternative to traditional finance, a recent series of DeFi contagion events have stemmed from opacity.
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Aztec Network hit by second hack this week as escapeHatch drained of $2M
A duo of hacks on old Aztec Network contracts, reportedly caused by "public input binding issues" has netted a total of $4M this week.
Rough weekend for DeFi: Four hacks, three outages, one warning
A chaotic weekend has seen four DeFi hacks, repeated downtime on Sui, and ended with a crypto card panic to kick off the week.
Stake DAO hit by hack as DeFi security confidence hits new low
DeFi yield farming platform Stake DAO has suffered an apparent private key compromise, with minted vsdCRV tokens swapped for ETH.
DeFi projects lose $6M in fresh string of exploits this week
Tuesday saw four separate hacks, with over $5M stolen. Two more incidents took place the day before, but with minimal losses.
‘RFV Raiders’ target Gnosis DAO for treasury redemption proposal
A group known for targeting DAOs whose token trades below its net asset value has set its sights on Gnosis DAO.
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.
LayerZero among bridges Lazarus using to launder loot
Lazarus launders loot like lightning, while the bridges it uses, including LayerZero, respond in very different ways.
DeFi traders are stacking risks on top of Strategy’s risky STRC
DeFi yield farmers are leveraging Pendle, Morpho, xStocks, Apyx, and Saturn to amplify Strategy’s already ultra-risky 11.5% dividend on STRC.
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