Tether’s USDT market cap hit an all-time high, with DeFi users appearing to favor the stablecoin over USDC as a refuge from industry fallout. Read…

After attackers deposited rsETH from an exploited Kelp bridge and borrowed Wrapped ETH, Aave had frozen WETH across multiple markets. Read Full Story at Thedefiant.io…

An Aave Labs and LlamaRisk incident report puts bad debt exposure at $124 million to $230 million depending on how Kelp DAO socializes losses from…

Fluid’s aWETH Redemption Protocol, launched with Lido, Ether.fi, 1inch, 0x and Kyber, has processed $136M out of Aave’s frozen WETH pool in 48 hours. Read…

Panic, the firm behind the Playdate handheld, now prohibits creative AI applications while preserving developer productivity aids. Read Full Story at Decrypt.co →

More than $500 million was siphoned across the Drift and Kelp exploits in just over two weeks. What once looked like isolated breaches now resembles…

Aave published a report outlining two possible outcomes: around $123 million in losses if damage is shared across all rsETH, or up to $230 million…

In a detailed incident report, Aave service providers quantified the protocol’s exposure for the first time and outlined two scenarios depending on how Kelp DAO…

Russell Thompson warned of a sharp tightening in global liquidity that could weigh on risk assets and bitcoin in the near term, before expected U.S.…

KelpDAO’s $292 million rsETH exploit landed at the wrong moment for DeFi. Roughly $10 billion left the sector over the weekend, after confidence had already been shaken by…