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DeFi protocols purge low-activity 'ghost chains' after $1.3B exploits, sparking debate on security impact.

Market News
31 Aug 2026
AMBCrypto
View Source
Neutral
pluang ai news

In H1 2026, DeFi hacks caused $1.3 billion in losses, with over 40% from KelpDAO and Drift Protocol breaches exploiting infrastructure flaws. In response, Aave and LayerZero have cut support for multiple low-activity 'ghost chains' to reduce risks linked to weak security and single-verifier setups. Experts are divided: some see the purge as necessary to strengthen security and reduce attack surfaces, while others warn it may harm new chains and leave major exploit vectors unaddressed. The industry is now balancing growth ambitions with tighter security amid rising cross-chain threats.

More News (AAVE)

Cryptocurrency prices show mixed movements with Bitcoin near $78,000 and notable gains in ARB and CRV.

Cryptocurrency prices show mixed movements with Bitcoin near $78,000 and notable gains in ARB and CRV.

Cryptocurrency prices exhibit varied changes, with Bitcoin trading slightly down at around $77,943 and Ethereum stable near $2,453. Some altcoins like ARB surged over 30%, and CRV rose nearly 19%, indicating selective investor interest. Stablecoins r...

Market News
Neutral
5 hours ago
CME Group launches two crypto benchmarks, including a 10-token index excluding Bitcoin and Ether.

CME Group launches two crypto benchmarks, including a 10-token index excluding Bitcoin and Ether.

CME Group introduced two new multi-asset cryptocurrency benchmarks: the CME CF Emerging Crypto Index, which tracks 10 major tokens excluding Bitcoin and Ether, and the CME CF Crypto Market Index, which includes Bitcoin and Ether alongside 10 other la...

Market News
Bullish
10 hours ago
DeFi lending jumps 30% to $26.1B, with Aave dominating 48% of active loans.

DeFi lending jumps 30% to $26.1B, with Aave dominating 48% of active loans.

Total active loans in decentralized finance (DeFi) lending protocols surged by 30% to $26.1 billion in August, a significant rebound after several months of contraction. Aave leads the market with $12.5 billion in outstanding loans, representing 48% ...

Market News
Bullish
1 day ago
RLUSD stablecoin supply on Ethereum jumps 93%, surpassing XRP Ledger for the first time in 2026

RLUSD stablecoin supply on Ethereum jumps 93%, surpassing XRP Ledger for the first time in 2026

Ripple's regulated stablecoin RLUSD has seen its supply on Ethereum grow by 93% in the past 30 days, pushing Ethereum's share to 56.1% of total supply, surpassing the XRP Ledger's 43.9%. This shift is driven by institutional demand for DeFi services ...

Protocol Fundamentals
Bullish
1 day ago
Aave surges 65.7% past $130 zone as V4 deposits hit $800M, signaling strong DeFi demand.

Aave surges 65.7% past $130 zone as V4 deposits hit $800M, signaling strong DeFi demand.

Aave's price jumped from $87.54 to $145.09 in under five days, breaking through the $130 resistance zone active since February 2026. This rally was supported by Bitcoin's momentum and a significant increase in Aave V4 deposits, which surpassed $800 m...

Protocol Fundamentals
Bullish
4 days ago
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