Lending protocol Moonwell misplaced an estimated $8.7 million to an exploit on Thursday. No good contract was damaged. An attacker merely made MAMO, a small Base token, look way more beneficial than it’s. The inflated worth let the attacker borrow actual property, together with Coinbase Wrapped Bitcoin (cbBTC) and USD Coin (USDC). Security agency Blockaid…
A federal decide has adjourned Roman Storm’s Tornado Cash retrial to April 26, 2027, because the developer’s pending movement for acquittal is weighed. Judge Katherine Polk Failla signed the two-page order on August 25 within the Southern District of New York. The later date got here at Storm’s personal request quite than from prosecutors. Why…
1inch has moved its Aqua liquidity protocol from developer preview to full public launch, overlaying 13 EVM-compatible networks concurrently, a scope that places it in direct contact with many of the chains the place skilled market makers and retail liquidity suppliers already function. The launch addresses one in all DeFi’s most persistent structural issues: capital…
Real World Asset (RWA) tokens posted a median return of +10.7% in July 2026. That marked the most effective end result amongst main crypto narratives, in response to CryptoRank knowledge. Layer-2 (L2) networks and Decentralized Finance (DeFi) protocols additionally superior, gaining 7.6% and 6.3% respectively. Meanwhile, Meme cash, GameFi tokens, and Decentralized Physical Infrastructure Networks…
SEC Commissioner Hester Peirce warned on July 22 that transferring crypto exercise onchain doesn’t erase its securities duties. She cautioned that vaults and lending methods with energetic administration can set off registration necessities. Her assertion, titled “Headstands and Summervaults,” builds on an earlier warning that tokenized securities stay securities. Peirce prolonged that precept to a…
Polygon Labs introduced its second spherical of layoffs in 2026 on Thursday, the identical day 1inch co-founder Anton Bukov revealed he was fired in November. Both companies are reorganizing round business priorities whereas their tokens commerce close to document lows. The parallel shakeups present a tough reality taking maintain throughout the trade. The individuals who…
Zapper will shut down utterly on August 3, ending its run as a portfolio tracker in decentralized finance (DeFi). Co-founder and CEO Seb Audet introduced the choice on X, saying the group weighed a number of choices earlier than concluding {that a} managed wind-down made probably the most sense. Zapper to Close Website, Apps, and…
Standard Chartered has initiated protection of Morpho (MORPHO) with a $60 worth goal for the tip of 2030. The name implies near 30x upside and extends the financial institution’s widening wager on decentralized finance (DeFi). The forecast would see Morpho outperform each Bitcoin (BTC) and Ethereum (ETH) by means of 2030. It provides the token…
Real-world property (RWA) and tokenization have overtaken decentralized finance (DeFi) as the first sector for Web3 founders, in accordance with a brand new Proof of Talk report. The “The State of Web3 Capital 2026” report attracts on greater than 200 startup purposes to Proof of Pitch 2026, as nicely as a survey of 13 lively…
Velvet gained 306% over the previous seven days, making it final week’s top-performing altcoin. The token now trades over $1.80 as patrons push it towards its $2. That rally follows a massive correction earlier in June that dragged VELVET down in direction of $0.30. Two product developments pulled patrons again in. Aerodrome Migration and Pre-IPO…