Summer Finance Pauses Vaults After $65.4M Flash Loan Attack Triggers $6M Loss
On Monday, July 6, the DeFi protocol Summer Finance was hit by a sophisticated flash loan and price manipulation attack, resulting in an estimated loss of $6 million. Security Firms Flag Breach Blockchain security firms reported Monday, July 6, a major…
Zama Users Lose Access to $12.6M USDC After Circle Executes Court-Ordered Blacklist
Circle blacklisted a publicly labeled Ethereum smart contract tied to Zama’s privacy protocol on Saturday, freezing approximately $12.6 million in USDC following a U.S. federal court order connected to a civil lawsuit against Overnight Finance founder…
Streamex and Orca Build 24/7 Compliant Trading Pool for Gold-Backed Token GLDY on Solana
Streamex Corp. and Solana-based decentralized exchange ( DEX) platform Orca launched 24/7 secondary liquidity infrastructure for tokenized securities on Wednesday, with GLDY, a gold-backed, yield-bearing token, as the first asset to trade on the system.…