Raydium (RAY) misplaced about $1.3 million on Wednesday in an exploit that drained 5 legacy liquidity swimming pools on Solana (SOL). The group confirmed that its treasury will absolutely cowl the losses. Blockchain safety agency PeckShield and on-chain investigator Specter flagged the incident. However, the exploit solely touched retired automated market maker (AMM) code, leaving…
The first week of June has break up DeFi in two. Whale flows, whole worth locked, and sharp value strikes level to three DeFi tokens and their respective tasks to watch, the place one is working sizzling, and two are bleeding. This time, the smart-money sign and the worth motion principally agree. Hyperliquid (HYPE) Hyperliquid…
Orbs has launched its V5 improve on Ethereum and Arbitrum, deploying a Layer 3 hybrid structure that offloads complicated DeFi execution logic off-chain whereas anchoring verification on two of essentially the most liquid settlement layers within the ecosystem. The structural mechanism at work right here is particular: by propagating committee state throughout EVM-compatible chains utilizing…
Circle blacklisted Zama’s confidential USDC contract on Ethereum on May 30. The blacklist freezes roughly $12.6 million held in a cUSDC token contract. The freeze prevents holders of confidential USDC (cUSDC) from redeeming the tokens for normal USDC. The motion raises contemporary questions on issuer management over privacy-focused Decentralized Finance (DeFi) protocols. Circle Blacklist Halts…
Hyperliquid (HYPE) climbed almost 10% to $62.30 on Friday after Intercontinental Exchange CEO Jeff Sprecher instructed traders on the Bernstein forty second Annual Strategic Decisions Conference that the decentralized derivatives platform has grown greater than Nasdaq. The remark from the founding father of the corporate that owns the New York Stock Exchange (NYSE) despatched the…
South Korean prosecutors have charged 5 individuals accused of working a rug pull on the Solana-based meme coin CATFI. The case marks the nation’s first arrest and prosecution tied to a decentralized trade scheme. Prosecutors mentioned the group made roughly 400 million gained, or about $260,000, in illicit income. The scheme triggered 900 million gained…
An attacker drained over $600,000 from Polymarket, attacking its UMA CTF Adapter sensible contract on Polygon, with on-chain investigator ZachXBT flagging the exploit and figuring out the attacker’s pockets as 0x8F98075db5d6C620e8D420A8c516E2F2059d9B91. ZachXBT issued an emergency alert first on his Telegram channel, adopted by Bubblemaps warning customers to pause all Polymarket exercise because the platform’s losses…
Pantera Capital reported that the $321 billion tokenization market nonetheless averages 2.04 out of 5 on its on-chain maturity index, with 77.6% of 542 scored property functioning as digital wrappers round conventional monetary infrastructure. The asset supervisor described the sector as caught in a “newspaper-on-a-website” part, the place putting property on a blockchain has not…
Three younger DeFi functions, Hyperliquid, Pump.enjoyable and edgeX, returned $96.3 million to token holders in 30 days. The determine marks one of many largest concentrated payouts from any DeFi cohort tracked in 2026. Each protocol used a special mechanism to ship the money. Only Hyperliquid funded its full payout from buying and selling charges alone….
Ethereum’s validator exit queue swelled to 433,158 ETH on May 3 with a seven-day wait. The determine climbed roughly 72,000% in two weeks as Decentralized Finance (DeFi) exploits triggered restaking withdrawals. The shift tracks April’s $625 million in DeFi losses. A $292 million KelpDAO bridge breach drained restaked ether and rattled lending markets. DeFi Exploit…