Kelp attack spreads risk across DeFi, $293M lost
Kelp, a liquid restaking platform, reported a cyber attack on Saturday that affected its rsETH token operations. Summary Kelp exploit targeted rsETH bridge contract, leading...
Tag : DeFi
Will the CLARITY Act be good — or bad — for DeFi?
The US Senate returned from a two-week recess on Monday, bringing the CLARITY Act back into the spotlight. Stablecoin yield has dominated the debate, but...
Drift Taps Tether for $148 Million Recovery Plan, Ditches Circle's USDC Following DeFi Exploit
In brief Drift Protocol is working with Tether on establishing a recovery pool for victims that lost $295 million to an exploit this month. Drift...
AI Agents Already Run a Fifth of DeFi, But Still Lose to Humans at Trading
In brief Autonomous AI agents run 19% of on-chain activity, losing to humans by up to a 5-to-1 margin at open-ended trading, according to a...