DeFi News
‘DeFi United’ Mobilises $300M to Stabilise Markets After Aave-Linked Exploit
Leading Ethereum ecosystem projects have come together to establish DeFi United recovery fund in the wake of the KelpDAO hack. ...
Aave Hit by $15B Outflows as Kelp DAO Exploit Sparks DeFi Liquidity Shock
Aave saw $15.1 billion in deposits leave after a $293 million Kelp DAO exploit exposed bad debt risk, strained stablecoin withdrawals and re...
DeFi Hit by Exploit Shockwave as US$600M+ Losses Trigger Sharp Market Retreat
A wave of exploits has drained over US$600M from DeFi, triggering a sharp drop in locked value and exposing liquidity strains across lending...
DeFi Shockwave Reveals US$291M Exploit, Triggers Aave Liquidity Crunch
A bridge exploit tied to rsETH triggered a chain reaction, freezing lending markets, locking withdrawals and forcing users into emergency bo...
Circle Unveils cirBTC to Bring Trusted Bitcoin Liquidity Into DeFi
Boosting institutional DeFi adoption using Bitcoin holdings is in the sights of USDC-issuer Circle, who announced this week it will launch a...
New ‘Ethereum Economic Zone’ Proposal Aims to Unite Fragmented Layer-2 Ecosystem
Developers from Gnosis and Zisk, supported by the Ethereum Foundation, have introduced a proposal to address fragmentation across Ethereumâ€...
USR Stablecoin Crashes After Exploit as Millions in Unbacked Tokens Flood Market
An attacker minted 80 million unbacked USR stablecoins in a 17-minute window using $200,000 in seed capital, extracting roughly $24 million ...
US$50M AAVE Trade Gone Wrong Leaves Trader With Just 324 Tokens
A massive DeFi trade collapsed after a US$50M USDT swap for AAVE hit a low-liquidity pool, leaving the trader with only a few hundred tokens...
Chainlink Bridges US$5B in Coinbase’s cbBTC to Monad, Expanding Bitcoin Liquidity in DeFi
Coinbase’s cbBTC can now access Monad’s DeFi ecosystem, adding US$5B (AU$7B) in Bitcoin liquidity to lending and trading markets. ...
US$3 Billion in ‘Idle’ XRP Heads to DeFi as Xaman and Flare Streamline Access
A wallet-level upgrade allows XRP holders to allocate funds to DeFi vaults without bridges, extra apps or separate key management....
Starknet Unveils Bitcoin-Based Token to Bring Privacy and DeFi Power to Ethereum Layer-2
Starknet has introduced strkBTC, a new Bitcoin-based asset designed to enable private balances and confidential transfers on its Ethereum la...
Ledger Integrates OKX DEX to Enable In-App Multichain Token Swaps
Ledger Wallet adds in-app decentralised liquidity routing via OKX DEX, keeping swaps hardware-signed and fully self-custodial....