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Multiple ETH Data Points Suggest Altcoin Is Good Longterm Buy: Analyst
Ether’s (ETH) long-term investment case is drawing fresh attention as Ethereum continues to lead in key areas of onchain activity and decentralized finance, despite the altcoin losing 28% of its value this year. The network still hosts…
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Map Protocol Loses 96% After Quadrillion Token Exploit
MAPO, the native token of the Map Protocol, fell 96% on Wednesday after an exploit of the Butter Network cross-chain bridge, which allowed an attacker to mint a quadrillion MAPO tokens.The malicious mint was tens of thousands of times…
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XRP Holders Gain New Yield Opportunities Through Flare-D’CENT Partnership
The integration into D’CENT Wallet does not require any new chain, wallet, or gas token.
The decentralized finance (DeFi) applications network Flare has taken…
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Echo Protocol Hacked for $76.7M in Admin Key Exploit
Decentralized finance protocol Echo Protocol was exploited after an attacker minted about 1,000 unauthorized eBTC on the protocol, which is deployed on the Monad blockchain.Blockchain security firm PeckShield and analytics platform…
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Aave Restores Wrapped Ether Borrowing Following Kelp DAO Hack
Aave users are now able to borrow against wrapped Ether on the decentralized finance protocol again, as the Kelp DAO exploit recovery plan continues to progress. Aave founder Stani Kulechov said in an X post Sunday that the protocol…
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THORChain Opens Refund Portal After $10M Hack
THORChain has confirmed a $10 million exploit and launched a recovery portal, giving affected users a self-custodial path to revoke malicious token approvals and submit refund claims backed by a treasury-provisioned refund pool of equal…
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THORChain Halts Trading After ZachXBT Flags $10M Exploit
Decentralized liquidity protocol THORChain halted trading after blockchain investigator ZachXBT flagged a suspected exploit of more than $10 million.A THORChain alerts Telegram channel showed all trading and signing halted, with a global…
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New York Judge Pushes Back Hearing for Aave’s Bid to Unfreeze $71M in ETH
A New York judge has delayed a decision on Aave’s emergency bid to unfreeze $71 million worth of crypto tied to victims of the $293 million Kelp DAO hack, asking for additional information ahead of a new hearing in June. Aave has sought to…
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DeFi App Legend Shuts Down After Missing Growth Targets
Decentralized finance mobile “superapp” Legend has announced it is winding down after about two years of operation, adding to a string of crypto apps deciding to shut down this year. Legend was a DeFi aggregator that aimed to bring DeFi to…
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Kelp DAO, Aave Advances rsETH Recovery
Ethereum liquid restaking platform Kelp and decentralized lending protocol Aave have completed a series of steps to restore rsETH backing, including burning the exploiter’s rsETH tokens.Kelp DAO detailed a post-exploit recovery for its…
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