Category: DeFi & DApps
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Jumper Exchange integrates Etherlink for cross-chain access to Tezos L2
Jumper Exchange integrates Etherlink, Tezos’ Layer 2, enabling cross-chain asset transfers between Etherlink and 50+ networks, including Ethereum, Arbitrum, and Base, boosting accessibility and liquidity.
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Stablecoin protocol Resupply loses $9.6M to price manipulation exploit
DeFi protocol Resupply lost $9.6M due to a price manipulation exploit in its wstUSR market, involving synthetic stablecoin cvcrvUSD. The attacker used minimal collateral to borrow funds, swapped to ETH, and split across addresses.
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Resupply.Fi Hacked for $9.6M, Who Has Been Affected? – Coinspeaker
Resupply.Fi suffered a $9.6M hack due to a bug allowing attackers to manipulate the wstUSR market. Funds were sourced via Tornado Cash, swapped to ETH, and moved to anonymous wallets.
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World Liberty Financial readying to enable WLFI token transfers amid institutional interest
World Liberty Financial plans to enable WLFI token transfers amid institutional interest. The DeFi project, part-owned by Donald Trump, is developing a mobile app and auditing its USD1 stablecoin.
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Stablecoin Protocol Resupply Exploited for $9.5M After Attacker Inflates Token Price
Stablecoin platform Resupply lost $9.5M due to an exploit where an attacker inflated cvcrvUSD token price to borrow reUSD cheaply, exploiting faulty price logic in CurveLend contract.
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Stablecoin Protocol Resupply Suffers $9.5M Exploit
Resupply, a decentralized stablecoin protocol, suffered a $9.5M exploit due to exchange rate manipulation in a low-liquidity market. The attacker inflated token prices, bypassed solvency checks, and stole funds via Curve and Uniswap.
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Coinbase launches Cardano and Litecoin wrapped tokens cbADA, cbLTC on Base
Coinbase launched wrapped tokens cbADA and cbLTC on Base, backed 1:1 by Cardano and Litecoin. These join cbDOGE and cbXRP, expanding synthetic asset offerings with transparent reserves and no initial fees.
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zkLend shuts down amid exploit fallout and delistings, remaining $200k redirected to users
zkLend is shutting down after a $9.5M exploit and token delistings, redirecting its remaining $200k treasury to affected users. The team will open-source its code and continue recovering stolen funds.
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zkLend Shuts Down: $200K Recovery Fund for Users
zkLend, a Starknet-based lending protocol, shuts down after a $9.5M exploit and ZEND token delistings. The team allocates $200K from its treasury to support affected users via a recovery fund.
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ZE23 to Shift Social Media Economics with User Reward System
Solana-based ZE23 introduces a reward system for social media users, compensating them with $Z3 tokens for engagement. The platform aims to decentralize value distribution, offering 50% rewards to viewers, 40% to creators, and 10% to the platform.