Tether has pledged up to $127.5M to help Drift “support user recovery and relaunch the Drift platform” after a $285M hack.
5Views
DeFi, meet Claude: Moonwell’s ‘vibe-coded’ oracle in $1.8M blowup
Moonwell’s third oracle malfunction in six months saw the price of cbETH set at $1.12 instead of $2,200, leading to...
Web3 collapse accelerates as eight games fail this year
Eight web3 games have either shuttered, paused operations, or pivoted back to web2 this year as major funding dries up....
Solana validator logs 32 delinquencies, foundation still claims ‘100% uptime’
Solana’s “100% uptime” claim is true at the cluster level, but anyone in the Harmonic Major validator went delinquent 32...
Crypto hack goes political as Grinex blames ‘Western special services’
Kyrgyzstan-registered crypto exchange Grinex has suspended operations. It had previously been linked to sanctions evasion of up to $6B. Source...
