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Onchain security firm Blockaid speculates it might be a front end attack, and says not to sign transactions and avoid interactions with Cuve until the issue is resolved. Decentralized finance (DeFi) protocol Curve Finance has warned that a hacker has again hijacked its domain name system (DNS), sending users to a malicious website. In the…
Earn yield on Bitcoin using centralized lending platforms, through Wrapped Bitcoin (WBTC) on Ethereum, or Bitcoin layer-2 platforms. Though Bitcoin doesn’t support native staking, holders can earn yield through centralized lending platforms, Wrapped Bitcoin (WBTC) on Ethereum, and Bitcoin-related networks like Babylon and Stacks. WBTC allows BTC holders to participate in lending, liquidity pools and…
Without programmable infrastructure, DeFi risks becoming the next frontier for unchecked automation and financial exploitation. DeFi faces vulnerabilities that could hinder its evolution. Opinion by: Sean Li, co-founder of Magic Labs Crypto markets run 24/7. Human traders don’t. As AI agents begin to manage liquidity, optimize yield, and execute trades at all hours, they’re quickly…
The vote will close in several days, and an investigation into the cybersecurity compromise is ongoing, according to Lido DAO members. The Lido Decentralized Autonomous Organization (DAO), the entity that governs the Lido liquid staking protocol, has initiated an emergency vote to rotate a compromised oracle — a bridge that connects real-world data to blockchain…
A critical exploit has drained $2.15 million in MBU tokens from Mobius smart contracts on BNB Chain. Hackers drained over $2.15 million from Mobius Token ($MBU) smart contracts on the BNB Chain in a targeted exploit detected early May 11, according to security firm Cyvers Alerts. The attacker deployed the contract from address 0xb32a53… at…
Gold has long been a safe haven in turbulent times, but decentralized finance (DeFi) can unlock its untapped potential. Opinion by: Kevin Rusher, founder of RAAC It’s a volatile world out there. This year, we’ve seen stocks take a wild ride as gold has pumped and crypto has been caught somewhere in the middle. Investors…
The co-founder of Sweat said he prioritizes making multichain DeFi accessible to millions through simple actions like walking and using its wallet. Sweat, a move-to-earn platform that rewards users for physical activity, has launched a personalized AI agent and expanded its multichain infrastructure. The update is designed to improve user onboarding by offering interactive guidance…
The vote on the airdrop proposal will close on May 14, and at the moment, those in favor are way ahead, with 99.97% voting yes. Trump family-backed crypto platform World Liberty Financial (WLFI) is proposing to airdrop a small amount of its new US dollar-pegged stablecoin to reward early WLFI holders in a test of…
Bitcoin’s institutional adoption reshapes its development landscape, prioritizing security and compliance over grassroots innovation. Bitcoin’s decentralized roots, however, face unprecedented challenges. Opinion by: Markus Bopp, CEO of TAP Protocol Not long ago, the idea of Bitcoin as a government-backed reserve asset seemed like a stretch. The US Federal Reserve’s move to establish a Strategic Bitcoin…
Stop-loss and take-profit orders help Bitcoin traders lock in gains and cut losses automatically. They’re essential tools for managing risk in a 24/7, fast-moving market. Bitcoin and crypto traders can rely on automated orders on their trading platform to limit losses and secure gains. Stop-loss orders in Bitcoin trading started as manual risk management in…