MANTRA Chain remained halted on Aug. 21 after the crew mentioned an attacker exploited a vulnerability in an upstream dependency. Transactions, transfers, and staking are unavailable whereas the mainnet is paused. MANTRA recognized the susceptible software program solely as an upstream dependency. In its official incident report, the crew mentioned it was tracing fund actions,…
The suspected Bitcoin tackle on the middle of Maya Protocol’s Aug. 18 exploit still held about 20.8273 BTC with no outgoing spend on Aug. 21, whereas no revealed restoration plan accounted for the a lot bigger estimated affect throughout the cross-chain liquidity protocol’s pools. Related Reading MAYAChain’s $1.36 million exploit spiraled into nearly $11 million…
Nasdaq-listed Ethereum infrastructure firm BTCS swapped ETH into USDT to pay down Aave loans in the second quarter and ended June 30 with $317,113 in cash and stablecoins. It additionally held about $88.1 million in different present digital-asset classes, making the difficulty much less an absence of belongings than how a lot of the steadiness…
NAVI Protocol has launched NAVI Prime, a modular lending framework on Sui that replaces shared liquidity swimming pools with independently curated lending markets. The new framework is designed for extra managed lending environments, permitting custom-made collateral parameters and threat administration for skilled allocators. That makes it completely different from customary open pooled lending, the place…
MAYAChain’s attacker moved about $1.36 million in onerous belongings to exterior chains, whereas the estimated impression throughout the community’s liquidity swimming pools approached $11 million. The $1.36 million determine tracks belongings that left the system, together with roughly 20.83 BTC. The bigger estimate captures a cascade contained in the swimming pools: false accounting created an…
Centralized crypto exchanges misplaced 31.2% of their spot crypto buying and selling volume in July, falling to $727 billion and marking the bottom month-to-month complete since October 2023. Decentralized exchanges additionally misplaced volume, however solely 9.82%, settling at $176 billion. That hole pushed DEXs to a file 19.5% share of mixed spot volume. Venue sort…
Hashdex’s $14.7 million Bitcoin ETF is in liquidation after buying and selling and creation orders ended, leaving remaining shareholders ready for a money payout somewhat than an change exit. The asset supervisor introduced the closure on Aug. 3. The Hashdex Bitcoin ETF, identified by its DEFI ticker, accomplished its final day of NYSE Arca buying…
SOL Strategies may sell a part of its Solana treasury to satisfy obligations, as a lot of its holdings stay pledged towards debt. According to an SEC filing, the company mentioned it had C$1.87 million in money as of June 30 and that roughly C$22 million of digital belongings have been unencumbered and obtainable for…
Galaxy’s Aug. 7 snapshot of Aave V3 Core discovered 19,073 loans on the protocol after making use of normal filters. Fewer than 9% of these positions are utilizing Aave’s E-mode setting, account for roughly half of all excellent debt on the platform, and present an Ethereum correlation trade. Galaxy places their debt-weighted loan-to-value close to…
Grayscale’s July 17 SEC filings mentioned its Ethereum and Solana staking ETFs would convert staking rewards to money and distribute them to shareholders not less than quarterly, with the modifications anticipated round Aug. 7. Solana and Ethereum are every weighing protocol modifications that would scale back that earnings on the supply. Solana builders want to…