After a $292 million exploit in April that drained rsETH via a single-verifier bridge, Aave is implementing a new four-layer risk framework across its platforms. Key changes include requiring at least three independent verifiers for any bridge route, banning weaker verifier setups, and launching a live bug bounty program with minimum payouts of $50,000. Automated risk oracles and Freeze Guardians will also be introduced to quickly freeze affected markets without manual intervention. These measures aim to prevent similar attacks, improve security, and may slow new asset listings due to stricter compliance requirements.
Ethereum now accounts for 67% of all decentralized finance (DeFi) borrowing onchain, even as total lending volumes dropped from $46 billion in 2025 to about $23 billion by mid-2026. This dominance is boosted by the use of liquid staking tokens like s...
A proposal to remove Ethereum staking rewards if staked ETH exceeds half of circulating supply faces strong opposition from DeFi leaders like Aave CEO Stani Kulechov. Critics argue the plan would disrupt institutional adoption, reduce yield predictab...
BitGo is moving $7.3 billion of wrapped Bitcoin (WBTC) cross-chain operations from LayerZero to Chainlink's Cross-Chain Interoperability Protocol (CCIP), making Chainlink the exclusive infrastructure for WBTC. This transition consolidates BitGo's tok...
