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Aave-Linked Capo Oracle Glitch Triggered $27 Million in Liquidations
A configuration error in a risk-oracle system used by crypto lending platform Aave triggered the liquidation of about $27 million in wrapped staked Ether (wstETH) positions, prompting the protocol to move to compensate affected users.In a…
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Wells Fargo Files Trademark for ‘WFUSD’ Crypto Services Platform
US banking giant Wells Fargo has filed a trademark application covering a wide range of cryptocurrency trading, payments and blockchain software services.A filing submitted to the US Patent and Trademark Office (USPTO) on Tuesday seeks…
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Crypto is Just Finance on Different Infrastructure: ASIC
Blockchain and crypto are technologies performing the same functions as existing financial infrastructure, so they shouldn’t be treated as separate asset classes when crafting legislation, according to the fintech chief of Australia’s…
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BTC Leads Recovery While Altcoin Indicators Hit Cycle Lows
Bitcoin’s (BTC) recent recovery above $71,000 suggests that the price bottom is officially in, and bullish momentum can be seen across the crypto market. TOTAL2, which tracks the market cap of all crypto assets excluding Bitcoin, has held…
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80% of Corporate Holders Now Underwater
Nearly 80% of corporate Bitcoin holders are sitting on unrealized losses as BTC trades well below the average treasury purchase price.
Around 80% of companies holding…
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$1.78M ‘Vibe-Coded’ Oracle Bug Puts AI-Coauthored Contracts Under Scrutiny
Moonwell, a decentralized finance (DeFi) lending protocol deployed on Base and Optimism, was exploited for about $1.78 million after a pricing oracle for Coinbase Wrapped Staked ETH (cbETH) returned a value of about $1.12 instead of $2,200,…
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Aave Governance Vote Nears Amid $86M Capital Review
A governance dispute inside the Aave ecosystem intensified after two detailed reports offered contrasting interpretations of the protocol’s past funding and contributions ahead of a vote on a proposed $50 million package for Aave Labs. Aave…
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Trump Iran War Signals Lift Crypto, Sink Oil Prices
Oil prices fell while cryptocurrencies posted modest gains on Monday after US President Donald Trump told reporters that war with Iran could be coming to an end — even as he later ramped up the war rhetoric again on social media.In a phone…
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US Court Dismisses Binance, CZ Terrorism Financing Lawsuit
Former Binance CEO Changpeng “CZ” Zhao said centralized crypto exchanges have “zero motive” to assist terrorists after a US court dismissed a lawsuit accusing the exchange of facilitating terrorist financing.In a post on X, Zhao argued that…
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Trump Says Oil Prices Will Drop Rapidly After Iran Nuclear Threat Destroyed
Oil markets spiked past $100 as Operation Epic Fury rattled global energy flows, with Donald J. Trump arguing the surge is a temporary price tied to eliminating Iran’s nuclear threat and restoring long-term stability. Oil Prices Spike as…
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