OpenZeppelin founder Manuel Aráoz warned that all DeFi is unsafe due to AI-powered cybersecurity threats, advising users to exit positions. Industry leaders like Aave's Stani Kulechov and Sky's Sam MacPherson pushed back, highlighting improvements in DeFi infrastructure, tooling, and security, noting most hacks stem from operational errors rather than code flaws. Despite ongoing risks and $1.45 billion stolen year-on-year, the sector continues evolving, though capital outflows and TVL drops reflect investor caution. The debate underscores the balance between emerging threats and technological advancements in DeFi security.
Aave Labs' UK subsidiaries, Push Labs Limited and Push Virtual Assets Limited, have secured registration with the UK's Financial Conduct Authority (FCA) as cryptoasset exchange providers. This allows them to offer regulated crypto services, including...
Aave Labs subsidiaries Push Labs Limited and Push Virtual Assets Limited have received approval from the UK Financial Conduct Authority (FCA) to operate as registered cryptoasset exchange providers. This approval complements their existing electronic...
Blockworks has created the Transparency Alliance with leading crypto companies like Coinbase, Kraken, and Ripple to promote the Token Transparency Framework. This framework sets new disclosure standards for crypto tokens, addressing the information g...
The CoinDesk 20 Index saw Internet Computer (ICP) surge 9.8%, making it the top performer among the 12 assets trading higher. Stellar (XLM) also gained 1.7%, joining ICP as a leader. Meanwhile, NEAR and AAVE lagged with declines of 3.9% and 0.6%, res...
Kelp DAO has completed the recovery of its rsETH token following a $293 million exploit in April 2026 linked to North Korea's Lazarus Group. The final batch of rsETH was transferred to the LayerZero OFT adapter, restoring full cross-chain bridge func...
