#DeFi

Highlights: Lummis says the CLARITY Act will protect developers who do not control user funds. Lawmakers are revising the bill to target criminals without affecting software builders. Developers could gain safe harbor periods to test and launch protocols without early […]

Highlights: DeFi United plans to restore rsETH backing after KelpDAO’s $292 million bridge incident. The recovery aims to resolve attacker-linked positions across Aave and Compound safely. Major crypto firms have pledged support, but some funds still need governance approval. DeFi […]

Highlights: ZetaChain paused cross-chain transfers after a GatewayEVM exploit hit internal wallets. The exploit targeted the main contract used for cross-chain transfers. ZETA price fell after the attack, trading near $0.05335 on the daily chart. ZetaChain, an interoperability-focused Layer 1 […]

Highlights: Volo froze all vaults after a $3.5M crypto exploit affected asset pools. Volo secured $500K of stolen funds and confirmed it will cover all user losses from the breach. About $28M in other vaults remained safe with no shared […]

Highlights: Arbitrum locked $71 million in ETH after tracing the funds to the Kelp DAO exploit. The attack occurred on April 18 and resulted in losses of around $292 million. The freeze stopped part of the stolen funds, but the […]

Highlights: Aethir has contained a bridge exploit and capped reported user losses below $90,000. The main ATH supply on Ethereum stayed intact, while the ETH-ARB bridge on Squid remained unaffected. A compensation plan, attacker wallet list, and post-mortem are planned […]

Highlights: The Solana Foundation launched STRIDE to set clear security standards and publish audit results for DeFi protocols. The STRIDE framework introduces eight security checks to improve risk detection and protocol transparency. Solana Foundation added an incident response network to […]

Highlights: North Korean IT workers spent seven years inside DeFi teams and helped build real crypto protocols. Lazarus Group has stolen about $7 billion in crypto through fewer but larger attacks. Crypto firms still miss infiltration risks during hiring despite […]

Highlights: Drift Protocol suffers a $285 million loss after a coordinated attack on the exchange. The DEX platform reported that the compromise was a result of unauthorized access to key approvals.  Drift Protocol has already initiated appropriate steps to track […]

Highlights: ECB finds DAO decentralization weak as a few holders control most governance power. A small group of voters makes most decisions, as many token holders stay inactive. Regulators are looking at developers and exchanges to find who controls DeFi […]

Highlights: Recent data shows that stablecoins are becoming a core layer of on-chain financial activity. Their use now spans trading, payments, remittances, and DeFi services. The market has reached around $300 billion, led mainly by USDT and USDC. Stablecoins are […]

Highlights: Parsec has shut down after five years and has begun refunding all active subscriptions. NFT sales fell 37% last year, which reduced the demand for on-chain analytics tools. The post-FTX market shifts changed DeFi leverage patterns and reshaped trader […]