Nemo Protocol Exploited: $2.4M in Stablecoins Stolen, App Suspended
TL;DR Nemo Protocol, a Sui-based yield trading platform, was exploited for $2.4 million in stablecoins during the weekend. The attacker bridged the stolen USDC from Arbitrum
defi (Latest Publications)
CoW Protocol Expands to Lens Chain to Provide Gas-Free and MEV-Protected Swaps
TL;DR CoW Protocol launched on Lens Chain, enabling gas-free swaps protected against MEV with efficient transaction execution. The system supports market, limit, TWAP, programmatic, and Milkman
Arbitrum Launches First Season of Its DeFi Incentive Program
TL;DR Strategic Incentives: Arbitrum launches Season One of DRIP, allocating $12M in ARB rewards to boost targeted lending and borrowing strategies, aiming for sustainable DeFi growth.
Debate Over Venus Protocol’s Control Grows After $13.5M Hack Recovery
TL;DR Hack Recovery: Venus Protocol reclaimed $13.5M in assets through a targeted forced liquidation after a phishing attack compromised a whale’s wallet. Centralization Debate: The intervention
Venus Protocol Confirms Core Pool Exploit, $27M Drained
TL;DR Exploit Impact: Venus Protocol suffered a $27M loss after its core pool’s Comptroller contract was linked to a malicious address, enabling large unauthorized asset transfers.
DeFi Protocol Bunni Exploited, $8.4M Drained From Liquidity Pools
TL;DR Exploit Scale: Bunni lost $8.4M after a precision bug let an attacker drain liquidity pools on Ethereum and Unichain. Attack Method: The Hacker manipulated liquidity
How Did WLFI’s Debut Go? We’ll Tell You All the Details About its Launch
TL;DR World Liberty Financial launched its WLFI token on Ethereum, quickly reaching a market capitalization of $6.14 billion. The token began trading on September 1 on
1inch and Barter Join Forces to Improve DeFi Trading Efficiency
TL;DR 1inch partners with Barter, incorporating it as a resolver to optimize intention-based swaps and reduce costs across the platform’s operations. Barter brings DeFi expertise, addressing
Lombard Finance Brings LBTC to Solana’s Leading DeFi Ecosystem
TL;DR Lombard Finance launched LBTC on Solana, a token backed 1:1 by Bitcoin that offers roughly 1% annual yield in BTC and will be available on
Symbiotic Introduces ‘External Rewards’ to Universal Staking Protocol
TL;DR Symbiotic launched External Rewards, a feature that allows networks to offer their own token-based incentives to participants securing their systems. The feature distributes native tokens
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