NFT

Velodrome, the second-largest DEX on the Optimism network, and its fork, Aerodrome, the leading DEX on Base, have reported a compromise in their respective frontend systems. Following the incident, both platforms urged…
Read More...

The decentralized finance (DeFi) platforms Aerodrome and Velodrome reported compromises to their front ends on Nov. 28. The two platforms posted announcements on X (formerly Twitter) stating their front ends were compromised and asked users…
Read More...

Decentralized exchange protocol KyberSwap announced that it had recovered $4.67 million in funds after a recent security attack that resulted in a staggering loss of nearly $50 million from its concentrated liquidity pools…
Read More...

Inferno Drainer, one of the most popular crypto wallet-draining kits for hire, says it is shutting down for good after helping phishing scammers steal nearly $70 million worth of crypto this year. In a Nov. 26 Telegram post, the team behind…
Read More...

Web3 protocol Blast network has gained over $400 million in total value locked (TVL) in the four days since it was launched, according to data from blockchain analytics platform DeBank. But in a Nov. 23 social media thread, Polygon Labs…
Read More...

Australia’s tax regulator has been unable to clarify confusing aspects of its new guidance that suggests capital gains tax (CGT) is payable on a slate of everyday decentralized finance (DeFi) transactions.The Australian Taxation Office…
Read More...

The latest in a string of DeFi platforms to be exploited, Kyber Network was attacked earlier today, with over $46 million worth of funds stolen. 🚨Urgent🚨 Dear KyberSwap Elastic Users,We regret to inform you that KyberSwap…
Read More...

Circle has introduced a new standard to streamline the process of launching its stablecoin, USDC (USDC), on new networks, according to a Nov. 21 blog post. The new “bridged USDC standard” allows developers to launch the token through a…
Read More...

The founder of Decentralized finance (DeFi) protocol dYdX, Antonio Juliano, took to X (formerly Twitter) to share the findings of the investigation into the loss of $9 million in insurance funds on Nov. 17 in what many suspected was an exit…
Read More...

Decentralized crypto exchange dYdX has disclosed new measures to mitigate trading-related risks after burning $9 million of its insurance fund on Nov. 17 to cover users’ losses.According to an announcement on X (formerly Twitter), the…
Read More...