SoFi Launches 24/7 Crypto-Banking Hub Bridging Traditional Finance
SoFi introduces a regulated banking service enabling companies to hold dollars, convert to stablecoins, and execute instant transfers. The platform marks a sign…
DeFi
96 articlesDecentralized Finance protocols, DeFi yield strategies, and DEX insights
Coinbase's x402 AI Protocol Joins Linux Foundation with Major Tech Support
Coinbase's x402 agentic commerce protocol has secured backing from Google, Stripe, AWS, and Cloudflare after joining the Linux Foundation. The move signals grow…
Drift Protocol $280M Exploit Linked to Radiant Capital Hack
Drift Protocol attributes its $280M exploit to the same actors behind October's $58M Radiant Capital hack, revealing months of deliberate preparation in what ap…
Drift Protocol's $280M Exploit: Nonce Attack Exposes Solana DeFi Risks
Drift Protocol revealed a durable nonce attack as the culprit behind its $280M exploit, while critics question Circle's delayed response in freezing stolen USDC…
Circle Under Fire Over $285M Drift Hack Response Delays
ZachXBT claims Circle could have minimized losses from the Drift Protocol hack by freezing stolen USDC faster, but legal constraints around asset freezing compl…
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…
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…