Category: DeFi Digest
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Hyperliquid-based Felix Protocol Crosses $100 Million in Outstanding Loans – “The Defiant”
Felix Protocol on Hyperliquid surpasses $100M in loans, with $265M TVL, driven by HyperEVM’s growth and user incentives like its points program and versatile lending options.
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How $220M was stolen in minutes: Understanding the Cetus DEX exploit on Sui
The Cetus DEX exploit on Sui drained $220M due to a math library bug. The May 2025 hack, one of DeFi’s largest, caused a 15% SUI token drop.
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Cointelegraph Bitcoin & Ethereum Blockchain News
Cetus Protocol, a leading DEX on Sui blockchain, suffered a $260M hack due to a pricing mechanism flaw, causing significant token price drops and ecosystem impact.
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Crypto Self Custody Is the Future, and People Say Best Wallet Leads the Way
The article discusses the shift towards self-custody crypto wallets like Best Wallet, emphasizing security and control over convenience offered by centralized exchanges like Coinbase.
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Aave’s USDT liquidity takes a hit after Justin Sun-linked HTX’s $570 million withdrawal
Aave’s USDT liquidity dropped below $100M after a Justin Sun-linked HTX wallet withdrew $570M, causing rate spikes and market shifts, though Aave remains dominant in DeFi lending.
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Coinbase Rolls out Wrapped XRP and Dogecoin on Base for DeFi Access – Bitcoin News
Coinbase introduces wrapped XRP and Dogecoin on Base, enabling DeFi access for these assets on its L2 blockchain, expanding utility for traders.
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Curve Founder Warns of ‘For-Hire’ Hackers Coordinating Cross-Platform Attacks – Decrypt
Curve Finance founder warns of coordinated ‘for-hire’ hacker attacks targeting DeFi platforms, citing a recent DNS breach. CertiK reports $229M lost to code vulnerabilities in May, highlighting crypto’s irreversible transaction risks.
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Nibiru Launches ”Block Party” Aura Program to Reward Real DeFi Activity – The Daily Hodl
Nibiru launches Block Party Aura Program to reward real DeFi activity with points for trading, liquidity, lending, and quests on its EVM ecosystem, featuring multipliers and Sybil resistance.
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World Liberty Financial Distributes $47 USD1 to WLFI Holders in Massive Airdrop
World Liberty Financial airdropped $47 USD1 to each WLFI holder, distributing $4 million total. The tokens are currently non-tradable but may become so after a future governance vote.
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XRP, DOGE News: Coinbase Unlocks DeFi Opportunities for XRP, DOGE Holders on Base
Coinbase enables XRP and DOGE holders to access DeFi opportunities on Base via wrapped tokens cbXRP and cbDOGE, backed 1:1 by native assets, facilitating interoperability and yield generation.
