Web3
Why a DeFi platform ditched its consumer app to become the secret backend for tech giants
Revenue fell from $80 million to $20 million in the bear market. OTC lending at $260 million outstanding is the fastest-growing line, targeting $1 billion by year-end.
1inch opens Aqua liquidity protocol across 13 chains
Liquidity providers can keep assets in their own wallets, using one balance to back multiple positions without splitting capital across different pools.
SecondFi to shut down after $2.4 million ADA wallet theft
The breach stemmed from a vulnerability in transaction signing software that enabled the derivation of private keys from blockchain transaction data.
Cross-chain protocol Allbridge halts after $1.65 million flash loan exploit
The attacker used a $1.12 million flash loan from Kamino to manipulate pool ratios, enabling them to withdraw assets at favorable rates before bridging funds.
Here is why a massive $1.6 billion in crypto liquidity is sitting idle and wasting away
About $542 million weekly sat outside active trading ranges, meaning this capital earned zero fees and provided no market depth.
Lending protocol Bonzo loses 77% of value locked as $9 million oracle exploit rattles Hedera
Bonzo Lend lost approximately $9.05 million after an attacker exploited a verification flaw in a third-party Supra oracle contract on the Hedera network.
Over $7.2 billion have migrated from LayerZero to Chainlink CCIP as Mantle joins exodus
Migrations to Chainlink CCIP so far include Kelp and Lombard, both of which brought over $1 billion, as well as Solv Protocol, Virtuals, Re and Kraken’s tokenized assets.
BNB Chain is building a new layer-1 for high-frequency trading and AI agents
The network aims to process over 100,000 transactions per second by streaming them directly, eliminating public queues to make trades faster and more secure.
DeFi protocol Summer.fi halts Lazy Summer vaults after $6 million exploit
The protocol’s SUMR token fell by over 18% after the incident.
Fifth-generation Kanoo group member is moving a $6 trillion trade market onto blockchain rails
Abdulla Kanoo says his ARP Digital firm is building settlement infrastructure for the growing flow of trade between emerging economies, a market that could reach $32 trillion by 2030.
