Coinbase has launched crypto backed $USDC loans for users in the UK, allowing customers to borrow against Bitcoin, Ethereum, and cbETH without selling their holdings. The product is powered by Morpho…
Market dynamics continue to paint a bullish picture for bitcoin even as Iran-related developments and DeFi hacks dominate headlines. U.S.-listed spot ETFs pulled in $663 million on Friday, the most…
The decentralized finance (DeFi) ecosystem is experiencing a sharp capital outflow following the weekend exploit of the KelpDAO protocol. Leading DeFi lending platform Aave has lost $8.45 billion in…
A roughly $292 million exploit over the weekend has rattled the crypto industry, exposing vulnerabilities in decentralized finance (DeFi) infrastructure and raising concerns about knock-on effects…
The DeFi community is divided in how they perceived Marc Zeller’s message when eh wrote, “If you have WETH on Aave V3 Core, withdraw now, ask questions later” on X on Saturday, April 18. The two…
Aave just watched $6.6 billion walk out the door, and it's not because anyone hacked Aave. The protocol's total value locked dropped from $26.4 billion on April 18 to nearly $20 billion in U.S.…
Orbs is handing control of its Layer-3 trading protocol and multi-million dollar fee stream to a new DAO, betting seasonal on-chain governance can keep pace with volatile DeFi markets. Orbs has…
Sky, the decentralized finance protocol formerly known as MakerDAO, has announced the first native deployment of its native stablecoin, USDS, and its yield-bearing version, Savings USDS (sUSDS), on…
Liquid restaking protocol Kelp DAO faced a large-scale attack that caused roughly $292 million in damages and triggered spillover disruption impacting the Aave lending protocol. The exploit was first…
A new development has raised security concerns in the cryptocurrency market. According to information shared by on-chain data provider Onchain, KelpDAO’s liquid staking token may have been subjected…