DeFi Hackers Steal $169M From 34 Protocols in Q1 2024
Cryptocurrency hackers targeted 34 DeFi protocols in Q1, stealing $169 million total. Step Finance's $40M private key compromise in January marked the quarter's…
DeFi
181 articlesDecentralized Finance protocols, DeFi yield strategies, and DEX insights
Stablecoins Overtake ACH in February With $7.2T Volume
Stablecoins processed $7.2 trillion in February, surpassing the Automated Clearing House's $6.8 trillion volume. This milestone signals a fundamental shift in d…
North Korean Hackers Linked to $286M Drift Protocol Exploit
Blockchain analytics firm Elliptic attributes the $286 million Drift Protocol hack to North Korean state-linked operators, citing cross-chain laundering pattern…
US Treasury Seeks Public Input on State-Level Stablecoin Rules
The Treasury Department has published a notice of proposed rulemaking for state-level stablecoin regulation as dollar-pegged stablecoins approach $300 billion i…
Drift Protocol Exploited: $285M Solana DeFi Hack Analyzed
Solana-based perpetuals DEX Drift Protocol suffered a major exploit resulting in over $285 million in stolen funds. The incident raises fresh concerns about DeF…
Stablecoin Cards Surge 40x in Southeast Asia as DeFi Adoption Accelerates
StraitsX's explosive growth in stablecoin card issuance signals a fundamental shift in how Southeast Asians transact with digital assets. The Singapore firm's 8…
Stablecoin Yield Deal Leaves Crypto and Banking Divided
Senators Alsobrooks and Tillis reached an agreement-in-principle on stablecoin yield regulations, but neither industry appears fully satisfied with the compromi…
CLARITY Act Could Threaten DeFi Token Yields, Says Analyst
The proposed CLARITY Act's yield restrictions could redirect capital from DeFi protocols to regulated financial institutions, potentially impacting decentralize…
Onchain Commodity Trading Grows, But Liquidity Gaps Remain
Rising volumes in tokenized oil and gold signal strong demand for decentralized macro trading. However, limited liquidity depth continues to challenge DeFi's ab…
CLARITY Act Stalls: US Crypto Regulation Remains Uncertain
The CLARITY Act's Senate stalemate leaves crypto's regulatory future in limbo. Without clear rules, future administrations could implement stricter enforcement,…