New Aave risk framework proposed following KelpDAO exploit
Aave founder Stani Kulechov said once the proposal passes the framework will be applied across all markets and assets.
Yuga Labs Just Pulled Off A $500,000 Crypto Heist â Against These Hackers
Yuga Labs, the company behind Bored Ape Yacht Club and CryptoPunks, completed a covert whitehat operation on June 8 to rescue 68 blue-chip NFTs â worth more than $500,000 â from an active exploit targeting Flooring Protocol, deploying its own funds…
JPMorgan, Citi, and Bank of America Just Built a Tokenized Payment Network to Kill Stablecoins
JPMorgan, Citi, Bank of America, and Wells Fargo are building a shared Tokenized Deposit Network to challenge stablecoins. It goes through The Clearing House, targeting a first-half 2027 launch, and the Federal Reserve is the audience that matters most.…
Liquidity Bifurcated: CLARITY Act Foreign Adversary Risk Premium Explained
The CLARITY Act (Digital Asset Market Clarity Act) includes provisions addressing national security and foreign adversary risks in digital asset markets. It advances a broader regulatory framework for cryptocurrencies, distinguishing between SEC…
Dogecoin Slips Below 10 Cents With More Downside Ahead
Dogecoin broke its critical psychological floor, bleeding under 10 cents following the market bloodbath. The selloff tracks a rotation out of speculative memecoins, although it is yet to be back into Bitcoin and higher-liquidity majors. Dogecoin drops…
South Korea Makes First DEX Rug Pull Arrest in Catfi Case
South Korea, Seoul Southern District Prosecutors’ Office has arrested and indicted operators behind Catfi. This is the country’s first-ever rug pull prosecution tied to a decentralized exchange. The case, brought under the Virtual Asset User…
Ripple News: Squid Raised $6 Million With Ripple Backing, Then Lost Half of It to a Hack Less Than 24 Hours Later
Ripple News: Squid Crypto closed a $6 million strategic funding round led by North Island Ventures with participation from Ripple on May 25, 2026, and within less than 24 hours, an attacker drained $3 million from the protocol. The exploit hit a…
Kraken Drops LayerZero in Favor of Chainlink CCIP, Making Bullish signal for LINK holders
Kraken recently replaced LayerZero with Chainlink CCIP as the exclusive cross-chain infrastructure layer for its wrapped asset suite, including kBTC, with coverage spanning Ethereum, Ink, Unichain, and Optimism, and additional networks expected in later…
Aave Nears Full Recovery Funding After KelpDAO Exploit
Aave, one of the largest decentralized lending protocols, is closing in on its goal to recapitalize after the devastating KelpDAO vulnerability that left the platform with roughly $200 million in bad debt. According to blockchain analytics firm Arkham,…
Drift’s $270 Million Exploit: A Six-Month North Korean Intelligence Operation
Drift sustained a $270 million exploit that investigators describe as a six-month operation tied to North Korean intelligence efforts. As reported by CoinDesk earlier this week, the incident underscores how complex, multinational cyber intrusions can…