Solana-based DeFi platform Drift warns users about an “active attack” on its protocol; Arkham data: $250M+ moved from Drift to a wallet, which now holds <$600K
Solana-based DeFi platform Drift warns users about an “active attack” on its protocol; Arkham data: $250M+ moved from Drift to a wallet, which now holds <$600K
The platform halted deposits while it investigates suspicious activity and urges users to proceed with caution.
Solana-based DeFi platform Drift warns users about an “active attack” on its protocol; Arkham data said over $250M had moved from Drift to an interim wallet
The platform halted deposits while it investigates suspicious activity and urges users to proceed with caution.
Robinhood launches a public testnet for Robinhood Chain, an Ethereum Layer 2 network on Arbitrum supporting 24/7 trading, with a broader rollout later in 2026
The Robinhood Chain, built on Ethereum-based Arbitrum, aims to become key plumbing for around-the-clock trading and plugging tokenized stocks into DeFi.
The UK proposes a “no gain, no loss” tax rule for crypto lending and liquidity pools in DeFi, deferring capital gains tax until a true economic disposal occurs
The proposal, with input from major industry players, aims to bring tax rules in line with how DeFi works, reducing outcomes that don't reflect reality.
Galaxy Research: crypto lending via DeFi apps and centralized providers nearly tripled YoY to $36.8B from Q1 to Q3 2024; DeFi lender apps handled nearly $31B
- Market rally, increased leverage are driving the demand — Decentralized finance applications leading the way this time
Tron founder Justin Sun invests $30M in Donald Trump's World Liberty Financial, making him the largest investor in the DeFi project; the US SEC sued Sun in 2023
Teresa Xie / Bloomberg :
The US finalizes rules requiring custodial crypto platforms to report user transaction info to the IRS; DeFi platforms are exempt amid fierce crypto lobbying
DeFi lending protocol MakerDAO's community votes to ditch $500M of the Paxos Dollar stablecoin from its reserves, impacting roughly half of the token's supply
After Oasis complied with a UK high court order and upgraded a DeFi contract, Jump recovers ~120,000 ether, worth $140M, stolen during the 2022 Wormhole exploit
There have recently been two high-profile cases … CoinDesk : Oasis Exploits Its Own Wallet Software to Seize Crypto Stolen in Wormhole Hack Born Bored/CK News and Updates News Letter : The Power of NF...