Category: DeFi & DApps
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Sui DEX restarts, plots open-source move after massive exploit
Cetus Protocol, a Sui DEX, relaunches after a $220M exploit, plans open-source transition, and implements compensation. Funds were partially recovered, and legal action against the attacker continues.
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Cetus Protocol Relaunches After $220M Hack, Restores Liquidity – Crypto News Bitcoin News
Cetus Protocol has resumed operations two weeks after a $220M hack, restoring liquidity and LP functions on its Sui and Aptos-based DEX platform.
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Bitcoin DeFi Project ALEX Protocol Targeted In $8.3M Exploit
Bitcoin DeFi platform ALEX Protocol lost $8.3M due to a self-listing verification flaw. The team pledged compensation via USDC from its treasury. This follows a 2024 exploit by Lazarus hackers.
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Sui Hits New DEX Volume High: Cetus, Bluefin Fuel Growth
Sui’s DEX volume reached $304.3M daily in Q1, driven by Cetus and Bluefin. Despite SUI’s price drop, NFT activity grew. Institutional interest rose, but a $223M exploit on Cetus impacted Q2.
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![Stacks [STX] down 31% after Alex Protocol exploit – Details](https://i2.wp.com/ambcrypto.com/wp-content/uploads/2025/06/ALEX-Protocol-was-exploited-1000x600.webp?w=1200&resize=1200,0&ssl=1 "Stacks [STX] down 31% after Alex Protocol exploit – Details")
Stacks [STX] down 31% after Alex Protocol exploit – Details
Stacks [STX] price dropped 31% after Alex Protocol’s $8.3M exploit. The team plans full USDC reimbursement to affected users, aiming to restore confidence in the Stacks ecosystem.
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DappRadar: DeFi and NFT Upticks in May Could Mark Start of Recovery
DappRadar reports a potential recovery in DeFi and NFT sectors in May 2025, with increased user activity, trading volumes, and TVL growth amid broader crypto market gains.
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Why Coinbase Brought Dogecoin and XRP to Ethereum Network Base – Decrypt
Coinbase launched wrapped tokens cbDOGE and cbXRP on its Base network to enhance DeFi compatibility, allowing users to leverage XRP and Dogecoin as collateral in decentralized finance applications.
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Polymarket’s new partnership with Elon Musk’s X – Userbase already checking out?
Polymarket partners with Elon Musk’s xAI and X, boosting blockchain prediction markets. Despite record trading volumes, active users and Open Interest decline amid political tensions and mixed community reactions.
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Bitcoin DeFi platform Alex Protocol loses $8.3M to exploit
Alex Protocol, a Bitcoin DeFi platform on Stacks, lost $8.3M due to an exploit. The breach stemmed from a self-listing verification flaw, draining multiple asset pools. Users will be reimbursed in USDC.
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Bitcoin DeFi platform Alex Protocol loses $8.3M to exploit
Bitcoin DeFi platform Alex Protocol lost $8.3M due to an exploit in its self-listing verification logic, affecting multiple asset pools. The team plans full reimbursement using treasury reserves.
