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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.