Crypto and Defi News

Aave suffered about $21M dollars in wrongful liquidations after an automated wstETH oracle cap update from Chaos Labs’ system underpriced collateral, briefly making healthy positions appear undercollateralized

Aave suffered about $21M dollars in wrongful liquidations after an automated wstETH oracle cap update from Chaos Labs’ system underpriced collateral, briefly making healthy positions appear undercollateralized
𝕏/@yieldsandmore
Top Comment
Danicjade

Woah woah, that's crazy
How did that come to happen

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Stablecoin regulatory uncertainty may disadvantage banks that cannot deploy digital asset infrastructure while crypto firms continue operating in regulatory gray zones

Stablecoin regulatory uncertainty may disadvantage banks that cannot deploy digital asset infrastructure while crypto firms continue operating in regulatory gray zones
𝕏/@Cointelegraph

Suspected $3.7M exploit hits Venus Protocol after attacker uses illiquid token as collateral.

Suspected $3.7M exploit hits Venus Protocol after attacker uses illiquid token as collateral.
news.bitcoin
Top Comment

oof venus. attacker using illiquid token as collateral is peak degen, straight to 3.7m exploit. stay safe out there ser

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Crypto developer activity plunges to multi‑year lows as GitHub’s booming AI ecosystem lures talent away from major blockchains like Ethereum and Solana, shrinking commits and active contributors

Crypto developer activity plunges to multi‑year lows as GitHub’s booming AI ecosystem lures talent away from major blockchains like Ethereum and Solana, shrinking commits and active contributors
CoinDesk
Top Comment
CurveCap

Pretty sure they didn't look at Zero's github history

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New framework ranks blockchain ecosystems from thriving to fading, citing tech development, usage metrics, ecosystem adoption and narrative

New framework ranks blockchain ecosystems from thriving to fading, citing tech development, usage metrics, ecosystem adoption and narrative
𝕏/@andrewmoh

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Update: User loses almost entire $50M USDT trying to buy AAVE via Aave after accepting an extreme slippage warning Stani says which was clearly flagged in the interface, prompting debate and a 600k fee refund pledge

Update: User loses almost entire $50M USDT trying to buy AAVE via Aave after accepting an extreme slippage warning Stani says which was clearly flagged in the interface, prompting debate and a 600k fee refund pledge
𝕏/@StaniKulechov
Top Comment
Danicjade

That's really fucked up
50m down the drain for a txn

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