Category: DeFi
Summer.fi Exploit Drains $6M as Blockaid Detects Ongoing Attack
Blockaid detected an active exploit that has drained about $6 million from Summer.fi. Summer.fi has not disclosed the exploit’s cause or confirmed affected user vaults…
Morpho Goes Mainstream With Robinhood Crypto Integration
Robinhood Crypto launched Earn using Morpho to simplify DeFi yield for eligible users. Morpho powers Robinhood’s Layer 2 lending with curated institutional lending vaults. Morpho…
Arthur Hayes Says DeFi Has Failed If It Needs Washington’s Approval
Arthur Hayes says DeFi has failed if it needs Washington approval, citing the Clarity Act and crypto’s global finance goal. Arthur Hayes has questioned whether…
DeFi Dev Corp and DFDV UK Part Ways in Solana Treasury Shakeup
DeFi Development Corp. split from DFDV UK, ended its credit facility, and DFDV UK plans to rename as Cykel AI PLC. DeFi Development Corp. said…
Tether CEO Backs New XAUT Loan Service Through Ledn Partnership
Tether and Ledn will launch XAUT-backed crypto loans later in 2026 for eligible users. XAUT holders can unlock liquidity while maintaining exposure to physical gold…
Ethereum Pioneer Loopring Shuts Down DEX After Adoption Falls Short
Loopring ends its Ethereum DEX after years of weak adoption and rising zkEVM competition. LRC plunged about 99% from its peak as liquidity, users, and…
Taiko Unveils Four-Step Plan to Restore Network After Cyberattack
Taiko closed the exploit path after independent experts reviewed and approved its security fixes. Bridge reserves will be restored with 1:1 asset backing before withdrawals…
Kraken and Maple Unveil $375M Onchain Credit Facility for Institutions
Kraken and Maple launched a $375M facility for institutional crypto lending access. The structure brings traditional credit protections into an onchain environment. Investors gain transparent,…
THORChain Returns After Month-Long Shutdown With Major Upgrades Ahead
THORChain resumes trading after security upgrades and extensive vault checks. New recovery tools and keyshare verification strengthen network protection. Monero and Zcash integrations aim to…
