Loopscale, a decentralized finance (DeFi) protocol from Solana, was attacked this week to the tune of $1.2 million. The platform suffered a security breach that resulted in the direct loss of over $5.8 million. This incident represented a loss of about 12% of its Total Value Locked (TVL). This event...
Meanwhile, Loopscale — a DeFi lending protocol on Solana — has taken a six-figure hit. On April 26th, $5.8 million disappeared, consisting of 5.7 million USDC and 1200 SOL. Ouch. Undercollateralized loans were the attacker’s weapon of choice. Lending markets are currently paused, however, even though some functions have restored....
GreenLedgers’ leap into DeFi and NFTs is already causing a stir, that’s for sure. They’re pitching their offerings as agile solutions, emphasizing accessibility, user experience and a “full-spectrum” of digital asset services. Before you dive headfirst into yield farming with them, let's pump the brakes and ask a crucial question:...
Now everybody’s yelling their heads off about PENGU’s meteoric ascent, the 167% price spike, the skyrocketing trading volume. Solana meme coins reaching a $10 billion market cap? Sounds like a party. Pudgy Penguins NFT sales are up 400%? Even better! Before you dive headfirst into this icy pool of profits,...
The Ronin Network powers other popular blockchain games, including Axie Infinity. It has now taken a significant step to improve its security. It has added Chainlink’s Cross-Chain Interoperability Protocol (CCIP) to secure its bridge. This transition is a huge quality of life improvement for the end user and developer alike....
Ronin Bridge recently completed its integration with Chainlink’s Cross-Chain Interoperability Protocol (CCIP) this month, April 2025. This upgrade is a significant milestone for the Ronin network, introducing a new standard of security and cross-chain interoperability. During October 2024, validators cast their votes on the migration. Chainlink overall won the vote...
Alright, let's talk crypto. Didn’t you hear, everybody’s talking about BlockDAG, Bitcoin, Ethereum, Solana. They’re praised as the future, the local game-changers of 2025. BDAG’s presale is off the charts, Bitcoin’s making a comeback, Ethereum’s on a roll, and the revolution of Solana is just getting started. Amidst all the...
It’s a stark reminder, isn't it? A digital slap in the face reminding us all that the Wild West days of DeFi are not even close to over. We think we’re being really smart as we venture into new fiscal galaxies. Are we actually prepared to address the perils that...
The world of crypto continues to develop around the clock, but so do the malicious actors just waiting to take advantage. Recently, the XRP Ledger community faced a stark reminder of this reality with a supply chain attack targeting the xrpl.js library. This was no ordinary bug. It was a...
The decentralized finance (DeFi) ecosystem saw a puzzling contradictory spike from March–June 2025. And although the number of scams reported fell sharply, the financial harm caused by these fraudulent lotteries, sweepstakes, and prize promotions hit record highs. This shift marks a step backward in a more troubling trend for DeFi....
