Category: DeFi & DApps
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OKX Unleashes xBTC on Aptos – 1:1 Wrapped Bitcoin Flows Fee-Free Into DeFi
OKX launched xBTC, a 1:1 Bitcoin-backed token, on Aptos, enabling fee-free Bitcoin liquidity in DeFi. The integration aims to expand BTC utility in fast, low-cost DeFi applications across multiple blockchains.
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InfoFi: Emerging Speculation Markets
InfoFi creates tradable markets for non-price signals like mindshare and credibility, expanding beyond prediction markets to enable real-time information discovery through speculation.
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Cetus Protocol Drained of $260 Million in Major Sui-Based Exploit
Cetus Protocol, a Sui-based DEX, suffered a $260 million exploit due to a security breach, highlighting vulnerabilities in decentralized exchange protocols.
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Sonic Labs GSR Alliance to Turbocharge S Token – Will Liquidity Surge Next?
Sonic Labs partners with GSR as market maker for S token to boost liquidity and DeFi growth. GSR will support ecosystem development and community events. Sonic Labs also secures court-ordered liquidation of Multichain Foundation.
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Sui-based Cetus Protocol suspends operations following $260 million oracle exploit
Cetus Protocol, a Sui-based DEX, halted operations after a $260M oracle exploit. The attacker drained funds, swapped to USDC and ETH, causing CETUS token to drop 24% and affecting Sui ecosystem tokens.
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Sui Ecosystem Rocked by $200M ‘Oracle Manipulation Attack’ on Its Largest DEX – Decrypt
Sui’s largest DEX, Cetus Protocol, suffered a $200M oracle manipulation attack, draining liquidity pools. 46 tokens plummeted, with meme coins losing 76-97%. Attacker bridged $61.5M to Ethereum while investigations continue.
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SUI-Based Cetus Protocol Reportedly Exploited for Over $260M, Investigation Underway
Cetus Protocol on Sui blockchain exploited for $260M, assets swapped to USDC and ETH. Token values plummeted; investigation ongoing with contracts paused.
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Welcome to Spinly: Where Retro Play Meets Real Crypto – Press release Bitcoin News
Spinly combines retro arcade gaming with cryptocurrency, offering a pixel-themed, community-driven platform where users can play and earn crypto rewards.
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Cetus Protocol Hacked for $200M+ – SUI Price Crashes as $60M USDC Moved to Ethereum
Cetus Protocol on Sui blockchain hacked for over $200M, causing token crashes. Attacker moved $60M USDC to Ethereum. SUI price plummeted as DeFi confidence wanes amid growing crypto hack concerns.
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Sui’s Cetus DEX Exploited, About $11 Million Drained as Tokens Plunge 75%
Cetus Protocol, Sui’s top DEX, was exploited on May 22, losing $11 million. The attack caused token values to plummet by 75%, marking a significant security breach.
