Category: DeFi Digest
-
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.
-
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.
-
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.
-
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.
-
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.
-
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.
-
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.
-
Sui DEX Cetus suspected of being hacked, liquidity pools drained and token prices plunge
Cetus Protocol on Sui blockchain suffered a cyberattack, draining liquidity pools and causing token prices to drop by up to 80%. Trading halted; team yet to comment.
-
OKX Launches xBTC on Solana, Sui & Aptos as Bitcoin Price Hits $111K
OKX launches xBTC, a wrapped Bitcoin token, on Solana, Sui, and Aptos networks, enabling BTC holders to engage in DeFi activities across multiple blockchains as Bitcoin hits $111k.
-
Hyperliquid Hits Record $8.9B Open Interest as Bitcoin Surges Past $111K
Hyperliquid achieves $8.9B open interest as Bitcoin surpasses $111K, with $5.4M in fees and $3.2B USDC TVL. A trader’s $1B leveraged BTC bet highlights market activity amid macro shifts.
