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Drift says $270 million exploit was a six-month North Korean intelligence operation

Drift says $270 million exploit was a six-month North Korean intelligence operation

4 months ago by Crypto InsightsCrypto

A six-month intelligence operation preceded the $270 million exploit of Drift Protocol and was carried out by a North Korean state-affiliated group, according to a detailed incident update published by the team earlier on Sunday. The attackers first made contact around fall 2025 at a… Read More

Ethereum Foundation stakes additional $42 million of ether (ETH)

Ethereum Foundation stakes additional $42 million of ether (ETH)

4 months ago by Crypto InsightsCrypto

The Ethereum Foundation is stepping up its efforts to put treasury assets to work, with data from Arkham showing it staked more than 20,000 ETH on Monday, expanding its validator footprint even as yields hover below 3% and ether trades near $2,045. Arkham data shows… Read More

Balancer Labs to shut down following $110 million exploit, co-founder says in DAO post

Balancer Labs to shut down following $110 million exploit, co-founder says in DAO post

4 months ago by Crypto InsightsCrypto

The company that built decentralized finance (DeFi) powerhouse Balancer is closing. Balancer co-founder Fernando Martinelli announced Tuesday that Balancer Labs, the corporate entity that incubated and funded the decentralized exchange protocol, will be shutting down. The decision comes roughly five months after a v2 exploit… Read More

It could cost $70,000 — or $6 million — to have lunch with Donald Trump

It could cost $70,000 — or $6 million — to have lunch with Donald Trump

5 months ago by Crypto InsightsCrypto

A seat at Donald Trump’s upcoming crypto luncheon could cost as little as $70,000. It could also cost more than $6 million, depending on how participants choose to climb the leaderboard that determines entry, even as the token trades nearly 96% below its peak. The… Read More

DeFi risk management giant Gauntlet sees $380 million exit as OKX crypto campaign ends

DeFi risk management giant Gauntlet sees $380 million exit as OKX crypto campaign ends

5 months ago by Crypto InsightsCrypto

Gauntlet, one of decentralized finance’s (DeFi) leading providers for risk management tools, has seen its total value locked (TVL), a measure of the assets deposited across its vaults, fall sharply over the past seven days, dropping 22.84% to $1.325 billion. That has erased roughly $380… Read More

Bitcoin OGs dump over $100 million in BTC after hawkish Fed dents rate cut hopes

Bitcoin OGs dump over $100 million in BTC after hawkish Fed dents rate cut hopes

5 months ago by Crypto InsightsCrypto

Bitcoin’s BTC$70,565.84 biggest early holders, often called original gangsters, are hitting the sell button after the Federal Reserve rattled expectations for lower borrowing costs. Blockchain data tracked by Lookonchain shows at least two long-term holders together dumped over 1,650 BTC worth more than $117.87 million… Read More

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