KelpDAO Recovery Window Narrows As Hacker Launders $220M
The recovery window for KelpDAO’s $292 million bridge exploit has narrowed sharply after the attacker moved nearly all of the unfrozen funds through privacy-focused laundering routes. The lat
Category
DeFi
Latest CryptoCompass coverage, analysis, and explainers filed under DeFi.
Latest DeFi Stories
Newest first
Vitalik Buterin Proposes Options-Based DeFi To Reduce Liquidation Risk
Vitalik Buterin has proposed a new options-based DeFi design that would replace the usual debt-and-liquidation model with paired assets that always redeem back into one ETH. The June 1 Ethere
Kelp DAO Hackers Move $220M in Unfrozen Funds Beyond Tracking
Hackers behind the Kelp DAO exploit have reportedly moved most of approximately $220 million in previously unfrozen funds beyond the reach of standard on-chain tracking tools, effectively clo
Injective Is Enabling AI Agent Financial Autonomy
AI Agents Get Direct Access to On-Chain Finance @injective has officially launched its Model Context Protocol (MCP) server, a move the project says makes it the first blockchain to let AI age
Saturn puts a solvency check on its Bitcoin-backed credit token
@saturn_credit has added a new layer of transparency to its Bitcoin-backed credit product, launching a @chainlink net asset value (NAV) oracle for its sUSDat vault. The feed, powered by @Acco
TON heats up again on the GRAM rebrand plan
Toncoin ($TON) surged from around $1.94 to above $2.25 within an hour on June 1 after Telegram founder Pavel @durov confirmed the network's native token will be renamed Gram, an 18% move on t
Radiant Capital is winding down, 18 months after $50M hack
Radiant Capital (@RDNTCapital), the cross-chain lending protocol, is winding down after the DAO concluded there is no viable path forward. The announcement marks the end of a prolonged effort
US Spot Ethereum ETFs Extend Losing Streak to 15 Days with $44M in Outflows
BitcoinWorld US Spot Ethereum ETFs Extend Losing Streak to 15 Days with $44M in Outflows U.S. spot Ethereum exchange-traded funds (ETFs) recorded a net outflow of approximately $44.37 million
Radiant Capital to shut down after $50 million hack
Radiant Capital, a crypto lending protocol, has announced it will gradually wind down operations after losing $50 million in an attack linked to North Korea in October 2024. The platform stat
Blockworks Steps Down as Arbitrum DAO Delegate, Citing Business Priorities
BitcoinWorld Blockworks Steps Down as Arbitrum DAO Delegate, Citing Business Priorities Blockworks, a media and events company focused on digital assets, has announced it is phasing out its r
DeFi protocol Radiant to wind down after failing to recover from 2024 hack
Crypto lending protocol Radiant Capital says it will start closing down as it failed to establish a “viable path forward” after North Korea exploited it for $50 million in October 2024. Radia
Aave Reviews Token Listings After Exploit — What's Changing
Aave, the largest decentralized lending protocol by total value locked, is overhauling its asset listing standards after a $230 million exploit exposed critical gaps in how DeFi platforms vet