Exploit fallout forces crypto firm to wind down operations.
The restructuring comes as analysts say older DeFi models built on token incentives and emissions are increasingly under ...
Balancer Labs, the team behind the DeFi protocol Balancer, is shutting down after mounting financial pressure following a ...
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Crypto protocol CrossCurve suffers $3M exploit
Crypto protocol CrossCurve has revealed that its cross-chain bridge was compromised, resulting in a loss of about $3 million across various blockchain networks. The attack has raised new security ...
Resolv Labs has halted its protocol after an attacker minted 80 million unbacked USR, crashing the stablecoin as low as $0.14 on Sunday.
Decentralized finance (DeFi) platform LI.FI protocol has been hit by a roughly $11 million exploit following a series of suspicious withdrawals, on-chain data shows. "Please do not interact with any ...
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