DeFi

Switchboard, an oracle supplier that provides value information to DeFi functions, said contributors halted its deployments on Aptos, Sui, IOTA and Movement after reviews of a possible Switchboard Move oracle compromise in its Move-language implementations. At least three functions reported losses, freezes or precautionary entry restrictions as Switchboard suggested customers emigrate briefly to options. The…

Ontology suspended mainnet block manufacturing to analyze a potential security concern, pausing the community whereas its technical team and validators reviewed the issue. A public-node snapshot confirmed a niche of about 5 hours and 6 minutes for the reason that chain’s final recorded block. The undertaking announced the pause at 09:09 UTC on Aug. 31….

Circle’s wrapped Bitcoin product entered the market with unusually sturdy institutional credentials and virtually no seen scale. The firm paired cirBTC with segregated reserves, a federally supervised custodian, direct minting and redemption for eligible companies, and the distribution infrastructure behind USDC. Circle’s Aug. 27 reserve panel however confirmed simply 40.02450077 cirBTC excellent about 11 weeks…

On-chain fixed-rate lending protocol Term Finance stated it completely shut down its Meta Vaults after a governance exploit, ending new deposits whereas leaving withdrawals open. Term Labs stated it additionally revoked the vaults’ DAO governance roles. Blockchain safety agency PeckShield individually estimated that the attacker removed about 2,843 ETH price $6.87 million and 1.68 million…