Hackers mint trillions in fake Bitcoin, but 15 BTC bridge recovery leaves liquidity providers unpaid
Cross-chain protocol Symbiosis said it recovered approximately 15 BTC after an attacker exploited its native Bitcoin Bridge, but affected liquidity providers still lack compensation terms as a Sep. 13 bounty window nears its unspecified cutoff. The…
Audited DeFi protocols lost $885M to attacks that occurred completely outside their audit scopes
In decentralized finance, “audited” is often presented as a verdict on an entire project. In practice, an audit usually covers named code, components and versions at a particular point in time. Anything added, excluded or operated around that boundary…
MetaMask and Consensys split exposes the gap between Ethereum adoption and ETH demand
Consensys announced plans on Sept. 9 to operate MetaMask separately from its Ethereum infrastructure business, giving the consumer wallet and the protocol builder distinct management and investment priorities. For holders of ether, the split puts a…
DeFi lender proposes bad-debt fix, but user USDC funds remain locked
Lending protocol Moonwell’s proposed rate changes could cut monthly interest accruing on bad debt by about 85%, according to Anthias Labs’ projection. Its Sept. 4 recovery update leaves access to USDC and a return to borrowing as separate…
Three DeFi projects face possible exclusion from future Arbitrum DAO programs
Arbitrum’s Watchdog Committee, a grant oversight body, has given three DeFi projects until a tentative Sept. 10 deadline to answer high-severity misuse findings and return funds it considers unresolved, or face separate votes on permanent exclusion…
Aave crypto lending proposal would let emergency tools freeze markets – but not unfreeze them
Aave DAO voters are deciding whether to delegate limited V4 risk controls on Ethereum and Avalanche to Risk Stewards, tools that let approved operators make constrained changes without taking every update through a full governance vote. The proposal…
This Crypto Project Just Funded 1,000 Student Loans Entirely On-Chain
The team behind Pencil Finance says the financing supported thousands of Southeast Asian students, but it did not disclose borrower costs, defaults, or investor returns.
DAOs are forcing crypto protocols to choose between code and emergency brakes
Compound is a crypto lending protocol governed by holders who delegate their COMP tokens, a setup known as a decentralized autonomous organization, or DAO. It works like an online republic, with token holders debating proposals, voting, and letting…
Crypto Traders Are Pairing Meme Coins With Stocks on Robinhood—And It’s Working (Sort Of)
A meme coin called BONER cornered half of Hims & Hers Health’s tokenized shares on Robinhood’s new blockchain. It started a new trend that’s spreading fast.
‘Send Your Lawyers’: Robinhood Isn’t Backing Down From AMC Over Stock Tokens
Lawyers question AMC’s grounds for a securities-law challenge, but say the tokens’ branding and marketing could leave room for a dispute.