Category: DeFi & DApps
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Cardano wallet reactivates after five years and loses six million dollars in swap
A dormant Cardano wallet reactivated after five years and mistakenly swapped ADA for USDA, resulting in a $6 million loss due to market volatility and liquidity issues.
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Hyperliquid launches HIP-3 for permissionless perpetual trading
Hyperliquid’s HIP-3 enables permissionless perpetual trading, advancing DeFi by removing centralized gatekeepers and expanding decentralized derivatives market access.
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Balancer exploit exposes DeFi security vulnerabilities in live combat scenario
The Balancer exploit demonstrates ongoing vulnerabilities in DeFi protocols, highlighting the urgent need for enhanced security measures and real-time threat response in decentralized finance.
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Avalanche real-world asset ecosystem strengthened with liquidity yield token
Avalanche’s real-world asset ecosystem expands with new token offering providing flexible yield opportunities, enhancing blockchain utility for traditional finance integration.
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Solana hosts fastest growing decentralized finance application according to MacBrennan Peet
Solana’s network scalability and low transaction costs are attracting DeFi developers, positioning it as a competitive layer-1 blockchain against Ethereum and others.
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Hyperliquid loses five million dollars in POPCAT attack as HYPE price declines
The $5 million exploit on Hyperliquid demonstrates persistent DeFi security vulnerabilities, creating sell pressure on HYPE token and undermining confidence in decentralized exchange protocols.
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R25 launches yield-bearing rcUSD+ stablecoin on Polygon network
R25 introduces yield-bearing rcUSD+ on Polygon, expanding DeFi options and enhancing stablecoin utility through passive income generation in the ecosystem.
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Uniswap unveils token sale system as Aztec tests the platform
Uniswap introduces a token sale system while Aztec conducts testing, advancing decentralized exchange capabilities and expanding DeFi infrastructure for secure token distribution.
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Exploiter sells stolen tokens after protocol recovers $4.1 million
The exploiter’s token liquidation signals ongoing market pressure despite partial recovery, highlighting persistent security vulnerabilities in DeFi protocols that require enhanced safeguards.
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Ethereum establishes infrastructure for decentralized finance development and expansion
Ethereum’s smart contract capabilities and developer ecosystem position it as foundational infrastructure for decentralized finance innovation and broader blockchain adoption.
