Summer Finance Hit by Sophisticated Flash Loan Liquidity Manipulation
Summer Finance lost around $6 million in a flash loan exploit.
Summer Finance has become the latest decentralized finance protocol to suffer a major security incident.…
Injective CEO on Layer-1 Centralization Risk
Layer-1 blockchains will come under increasing pressure to sacrifice decentralization for speed and efficiency as adoption of the technology grows, according to Injective CEO Eric Chen.This pressure will come from the need to satisfy users’…
Ethlabs Launches with Former Ethereum Foundation Researchers and Institutional Backing
TLDR:
Ethlabs was founded by five former Ethereum Foundation researchers focused on core protocol work.
The nonprofit will research scalability, settlement efficiency, interoperability, and economics.
Backers include Bitmine,…
Bitcoin’s ‘greatest evolution’ lies beyond the protocol: Michael Saylor
In a recent appearance on X, Strategy’s Michael Saylor shed light on the most significant shift in Bitcoin over the next decade. Saylor noted that the shift will not happen due to frequent protocol changes, but rather to the sharp…
Standard Chartered Extends Tokenization Thesis to Aave Lending
Banking giant Standard Chartered has identified Aave as a potential beneficiary of tokenized assets as they move into decentralized finance (DeFi), saying the protocol could rebuild its position as a dominant onchain lending platform.In a…
DeFi TVL Down by $45B in 2026 Despite More Resilient Market Structure
Total value locked (TVL) in decentralized finance (DeFi) has fallen by about 39% in 2026 so far, declining to just over $70 billion from roughly $115 billion in January.A Wednesday report from crypto data aggregator CryptoRank attributed…
Fhenix Combines With Sunscreen to Build Quantum-Resistant FHE for Finance, AI and Payments
Key TakeawaysFhenix has bought cryptographic developer Sunscreen to unite frontier Web3 research under one roof.Since 2022, Sunscreen has pushed FHE to become standard, critical infrastructure across Ethereum networks.Fhenix will deploy a…
Vitalik Buterin Unveils New ‘Lean Ethereum” Strawmap
Ethereum co-founder Vitalik Buterin has named quantum resistance, scalability and privacy as three of Ethereum's top priorities under a new "Lean Ethereum" strawmap, which lays out the network's technical direction for the remainder of the…
‘Something Is Brewing’ for Dogecoin (DOGE) as Network Activity Explodes
Another analyst, though, said that no one really cares about the OG meme coin at the moment.
Meme coin momentum has far evaporated from the peaks of a couple of weeks…
Ethereum flashes a rare buy signal – Is ETH ready to reclaim $2,000?
Is the Ethereum resurgence underway? The leading altcoin’s bulls have defended the $1,560 support level twice in June. At the time of writing, the price was at $1,767 and inching toward the psychological $2k mark.
AMBCrypto reported…