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…
Automated buying and selling bots extracted about $1.32 million by exploiting a worth hole in Ant Blockchain (ANB). The dislocation appeared throughout two Meteora liquidity swimming pools, in line with on-chain trackers and Solana market watchers. The largest single commerce transformed about $0.227 in USD Coin (USDC) into $696,000, spending solely 2.32 SOL in precedence…
Wasabi Protocol suffered an admin-key compromise that drained over $5 million from its perpetuals vaults and LongPool throughout Ethereum, Base, Berachain, and Blast, on-chain safety companies Blockaid and PeckShield reported. The attacker gained ADMIN_ROLE by the protocol’s deployer pockets, then upgraded the vaults to a malicious implementation that siphoned person balances. About $4.55 million had…
Scallop, a cash market on Sui Network, misplaced about 150,000 SUI on Sunday after an attacker drained a deprecated rewards contract tied to the protocol’s sSUI spool. The crew froze the affected contract inside minutes and pledged full reimbursement from its treasury. Core operations resumed in beneath two hours. Another Sui Exploit Hits Peripheral Code,…
Tron founder Justin Sun filed a 52-page fraud lawsuit towards World Liberty Financial (WLFI) this week. Eric Trump rapidly fired again. The grievance lists seven causes of motion, together with fraud within the inducement, conversion, and unjust enrichment. Sun invested $45 million within the Trump family-backed venture. Trump and Witkoff Reject Sun’s Claims Eric Trump…