Web3

Web3

Web3

Unstoppable Domains drops $2 million plan to bring .crypto and .bitcoin to standard internet

The abandoned bids would have cost over $2 million in base fees alone, leading the firm to prioritize financial viability over broader internet adoption.

Typing on a laptop ( Glenn Carstens-Peters/Unsplash)

Web3

Web3 gaming network Sandbox stops Base and BNB chain bridging after exploit

The Sandbox disabled bridging on affected networks to isolate tokens and warned users not to trade SAND on Base and BNB, citing an impact of under 0.01% of supply.

(The Sandbox)

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.

Sparks flying (Jakub Skafiriak/Unsplash)

Web3

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.

Sea waves. (Dimitris Vetsikas/Pixabay)

Web3

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.

Glasses in front of monitors with code (Kevin Ku/Unsplash)

Finance

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.

Glasses in front of monitors with code (Kevin Ku/Unsplash)

Web3

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.

Most of DeFi's "tracked" liquidity remains under utilised. (Dune/1inch)

Web3

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.

Glasses in front of monitors with code (Kevin Ku/Unsplash)

Finance

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.

People migrating (Sébastien Goldberg/Unsplash)

Web3

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.

AI chip (Igor Omilaev/Unsplash)