TradFi institutions are adopting blockchain to improve their existing operations, not because they have embraced decentralization, venture capital firm a16z said in its latest report. The technology helps lower operating costs, speed up settlement, expand distribution, and “tighten its grip” on customer relationships, which makes it a practical business tool rather than an ideological shift. […]
David Schwartz, who co-founded the XRP Ledger, has proposed a transaction reservation scheme as a potential fix for front-running on the network’s decentralized exchange and automated market maker. His proposal was in response to a post from the XRP-focused account XRPresso.io, which argued that validators and well-connected nodes can exploit pre-validation transaction visibility to extract […]
ZachXBT says AscendEX users are experiencing withdrawal delays, with some requests not being processed at all. Several individuals reported that the transactions have been stalled for days, sometimes even weeks. AscendEX Users Report Withdrawal Issues The on-chain sleuth issued a warning in his Telegram group, alerting members to potential liquidity challenges. “I have observed multiple reports that the […]
Anthropic is reportedly set to release a public version of its Mythos AI model, and crypto analyst The DeFi Investor is urging decentralized finance users to act before that happens. The concern is based on how good Mythos is at finding software vulnerabilities, and a version of it becoming widely accessible could accelerate the speed […]
Sahara AI’s SAHARA token crashed by roughly 60% on June 9, triggering over $23 million in liquidations. The incident caused speculation across crypto markets, especially since it happened right around the time another protocol, Humanity, reported a breach that cost it $30 million and led to its native H token losing nearly 90% of its […]
Aave Labs announced on May 28 that its two subsidiaries located in the United Kingdom, Push Labs Ltd. and Push Virtual Assets Ltd., have been granted registration by the Financial Conduct Authority (FCA) to operate as crypto asset exchange providers in the UK. The approval also gives the firms permission to issue electronic money under […]
SOL fell 33% in the first quarter of 2026 to close at around $83, but Messari’s Q1 State of Solana report tells a story that’s harder to dismiss than the price chart would suggest. While dollar-denominated numbers dropped across the board, the network set new records for daily transaction volume, grew its real-world asset market […]
TrustedVolumes, a liquidity provider on the Ethereum blockchain, lost about $5.9 million in funds to a hacker on Thursday. The attacker was able to exploit a vulnerability within the custom trading system used by the platform and managed to withdraw the funds, which included ETH, WBTC, as well as USDT and USDC stablecoins. What Happened […]
Blockchain investigator ZachXBT has built a reputation for repeatedly calling out crypto platforms and entities he believes are involved in suspicious or illegal activity. In his latest allegation, he has turned attention to Tokenlon, a relatively lesser-known decentralized exchange with around 17,000 followers on X. Tokenlon Draws Scrutiny ZachXBT has alleged that a large share […]
The fallout from the $293 million KelpDAO exploit over the weekend has spread across the DeFi ecosystem, with Total Value Locked (TVL) across several chains dropping significantly in the last 24 hours. According to data from on-chain analytics platform DeFiLlama, at least 126 of the networks it tracks were in the red, with CosmoHub the […]