Latest DeFi News

EVM Wallet Draining Continues Amid Browser Security Concerns
EVM wallets face automated attacks, draining millions across chains as browser and third-party vulnerabilities leave users’ funds at risk.

Layer-1 Chains Post Double-Digit Transaction Growth Led by NEAR
NEAR Protocol led the surge, with transactions jumping 158% in the past week, alongside a steady rise in active addresses.

Hyperliquid Labs Unstakes $31.2M Worth of HYPE Tokens for Team
The token unlock for team distribution comes as Hyperliquid navigates through a dim phase where its volume, revenue, and open…

Aave Governance Vote Blocks DAO Takeover of Brand Assets
Aave Founder Stani Kulechov called the vote a healthy debate and said his AAVE purchase did not influence the outcome.

USX Stablecoin on Solana Depegs to $0.8 Amid Liquidity Concerns
The Solstice Finance team stated that they were aware of the matter and confirmed the custodied assets backing USX remain…

Gnosis Executes Hard Fork to Return $9.4M to Balancer Hack Victim
Gnosis Chain's hard fork recovers stolen funds while reigniting debate over blockchain immutability versus community intervention in DeFi.

B2B Stablecoin Volume Grows 156% on Ethereum: Artemis Report
Artemis’ report notes that the B2B stablecoin volume surged 156%, accompanied by a 45% increase in average transaction size.

Hyperliquid Refutes Claims on $362M Shortfall and Insider Trading
The platform said it is fully solvent and all trades are transparently verifiable on-chain.

Critics Slam Aave Labs for Bypassing Consensus in Key Governance Vote
The controversial proposal seeks to transfer domain, social media handles, trademarks, and naming rights from Aave Labs to the DAO-controlled…

HyperLiquid Denies Insider Trading as Ex-Staff Shorts HYPE
The decentralized exchange said that it implements strict trading restrictions for employees and contractors following an ex-employee short-selling controversy.

Copy-Paste Error Costs Crypto User $50 Million in Wallet Scam
Noting the test transaction, a scammer spoofed the same first and last four characters of the wallet address and the…

Lido DAO Proposes $60M Plan to Go Beyond Liquid Staking
Lido expects to stay profitable despite growth spending, with core operations generating $8.1M and new products adding $4.7M in revenue.

BNB Chain Enables AWS Payments Through Better Payment Network
AWS customers can now pay cloud bills using BNB via BNB Chain’s Better Payment Network, bringing real-time, low-cost crypto settlement.

Polygon PoS RPC Issue Resolved, Network Remains Stable
Polygon PoS faced node delays this week, but the network stayed online, transactions flowed, and fixes are restoring full functionality.

Crypto Whale Loses $27M After Multisig Wallet Hack
The whale lost the funds in a key breach; the attacker drained the funds and laundered $12.6M via Tornado Cash.

Ondo and LayerZero Launch Cross-Chain Bridge for Tokenized Securities
Ondo’s tokenized assets can move between Ethereum and BNB Chain at a 1:1 value, with plans to expand to more…

Jito Foundation Moves Core Operations Back to US Amid Regulatory Shift
After years offshore, the Solana-based protocol points to clearer U.S. crypto rules as the reason to bring core operations back…

Yearn Finance V1 Hack Results in $300K Loss
Yearn V1 hack exposes risks in old DeFi contracts as attackers exploit legacy flaws, moving millions while modern Vaults remain…

Hyper Foundation to Burn 37M HYPE; Validators Vote on Supply Cut
Validators have until December 24 to approve a proposal treating 37.1M HYPE in the Assistance Fund as permanently burned.

Sberbank Explores DeFi for 109M Clients as Crypto Demand Surges
Sberbank explores DeFi as Russian investors show rising interest in crypto, testing blockchain solutions while waiting for clearer regulations.

Aster Perpetual Upgrades with Shield Mode for Private Strategies
The new protected trading mode for Aster Perpetual offers up to 1001x leverage, zero slippage, no gas fees, and hides…

Ripple’s RLUSD Stablecoin Expands to Optimism, Base, and Other L2s
RLUSD expands to Layer 2 networks as Ripple gains fresh regulatory ground in the U.S.

Curve Founder Proposes 17.45M CRV Funding Proposal
Swiss Stake AG seeks 17.45M CRV grant to fund 2026 development, supporting core team, cross-chain tools, and ongoing Curve ecosystem…

North Korean Hackers Exploit Fake Zoom to Steal Crypto
Cybersecurity experts’ findings show how the hackers use hijacked Telegram accounts and fake video call updates to compromise devices and…

Aave DAO Debates Fee Diversion Concerns After CoW Swap Integration
Tokenholders question swap fees after Aave integrates CoW Swap, prompting responses from Aave Labs and founder Stani Kulechov.

Hyperliquid Unveils Long-Awaited Portfolio Margin, Auto-Yield Features
Hyperliquid announced that it is testing portfolio margin to unify spot and perps trading.

BackedFi, Chainlink Launch xBridge to Move Tokenized Stocks Crosschain
The bridge is in pilot mode, with Backed Finance planning to expand it to other blockchains.

Ondo, State Street, and Galaxy Unveil Tokenized Liquidity Fund
OUSG to anchor SWEEP as institutions push deeper into on-chain cash management.

Brevis and AsterDEX Upgrade On-Chain Trading Security
Brevis and AsterDEX join forces to tackle DEX speed, privacy, and security challenges using ZK proofs and real-time verifiable computing.

MANTRA Launches OM Token Migration Ahead of 4-to-1 Split
MANTRA begins OM migration to its mainnet ahead of a 4:1 token split, ensuring smoother trading and compliance for users…