Decentralized finance mobile “superapp” Legend has announced it is winding down after about two years of operation, adding to a string of crypto apps deciding to shut down this year. Legend was a DeFi aggregator […]
Digital asset company Galaxy and Ethereum treasury platform Sharplink will launch a private fund that will invest Ether in decentralized finance (DeFi) strategies, signaling growing institutional interest in earning onchain yield from crypto holdings. The […]
Early reports framed the incident as a 1inch exploit, but the protocol clarified that it was not compromised and no user funds were affected. TrustedVolumes, a liquidity provider on the Ethereum blockchain, lost about […]
A Manhattan federal judge has allowed Arbitrum DAO to move $71 million in frozen Ether to Aave, clearing the path for the DeFi protocol’s recovery effort following a North Korea-linked exploit. Judge Margaret Garnett of […]
Chainlink CCIP just secured another major DeFi migration. Bitcoin-focused DeFi platform Solv Protocol announced that it is fully migrating to the Chainlink Cross-Chain Interoperability Protocol (CCIP) as part of its updated security strategy for […]
One of South Korea’s largest credit card providers, Shinhan Card, signed a memorandum of understanding with the Solana Foundation to test stablecoin payment technology and explore the use of non-custodial wallets through a more advanced […]
The platform, however, rejected any wrongdoing. Tokenlon explained that it does not custody funds and that all transactions remain publicly traceable on-chain. Blockchain investigator ZachXBT has built a reputation for repeatedly calling out crypto […]
The cryptocurrency industry has seen a sharp spike in hacks in April, with losses topping $600 million in the worst month for crypto hacks in more than a year. According to DeFiLlama, the total value […]
Solana-based decentralized finance yield protocol Carrot said Thursday that it is shutting down permanently, becoming one of the first DeFi protocols to fall due to contagion from the Drift Protocol exploit in early April. In […]
Crypto venture capitalist (VC) funding plunged to a near two-year low in April as investors pulled back from crypto start-ups and early-stage companies. Crypto VC funding fell to $659 million across 63 funding rounds in […]
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