Compound Finance, Celer Site Compromised in Phishing Attack
The website leads to a phishing page that could drain user funds, but the actual protocol remains unaffected.
DeFi
DeFi Tokens Plunge 10%-20%, Led by Pendle Amid Weak Crypto Price Action This Week
Pendle has recently lost $3 billion of its TVL with the June expiry as a result of diminishing airdrop farming hype and lower yields amid muted crypto activity.
Blast Token Debuts at $3B Value as 17% of Supply Airdropped to Early Adopters
Blast is the second largest layer 2 network with $1.6 billion in TVL.
Cronos partners with EDF subsidiary Exaion
Cronos, a leading blockchain ecosystem that integrates with Ethereum (ETH) and Cosmos, has announced a new collaboration with Exaion, a … Continue reading
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Marathon’s Layer-2 Chain, Anduro, Plugs In ‘Portal to Bitcoin’ for Atomic Swaps
The publicly-traded bitcoin miner Marathon began incubating Anduro in February as a “platform built on the Bitcoin network that allows for the creation of multiple sidechains.”
Pyth Pull Oracle comes to Solana
The Pyth Network, a real-time market data platform, has launched its Pull Oracle on Solana (SOL), according to the most … Continue reading
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DeFi Heavyweight Curve Focused on Becoming ‘Safest’ Lending Platform, Founder Says
Curve founder Michael Egorov’s $100 million in loans taken from various protocols using Curve’s CRV tokens started to automatically liquidate on Thursday, sending the token down as much as 30% before it briefly recovered.
DeFi Giant Curve Roiled as Founder’s Loans Get Liquidated; CRV Slides 30%
Addresses tied to Curve founder Michael Egorov are borrowing nearly $100 million in various stablecoins against $140 million in curve tokens.
Uniswap Vote Delay Shows DeFi Stakeholders Aren’t All in It Together
The Uniswap Foundation keeps punting on a “fee switch” proposal that would give UNI governance token holders a cut of liquidity providers’ revenue.
Crypto Hacks, Rug Pulls Led to $473M Worth of Losses in 2024: Immunefi
More than $473 million worth of cryptocurrency has been lost to hacks and rug pulls in 2024, according to a report by security researcher Immunefi