NEAR Intents halts most stolen Bitget funds, sparking debate over its “permissionless” label
NEAR Intents stopped $503,000 of the $50 million tied to the Bitget hack, prompting questions about the platform’s claim of being permissionless.
Section
DeFi
Decentralised exchanges, lending, stablecoins and yield.
16 stories
USDT supply surge does not translate into higher DeFi contract balances on Ethereum or Tron
New BIS data show that while USDT issuance rose through 2024, the share held in smart-contract accounts on Ethereum and Tron fell, questioning the link…
Compound DAO’s $52 million COMP purchase sparks governance clash over reserve use
The Compound DAO spent protocol reserves to acquire COMP tokens, prompting delegates to allege a breach of the reserve mandate.
Lido’s Reserve Policy Could Extend stETH Withdrawal Times Amid Heavy Demand
Lido’s new authority to adjust its ETH reserve may lengthen stETH withdrawal periods if deposit needs compete for limited buffered ETH.
Coordinated memecoin schemes emerge on fast-growing Robinhood Chain
Security researchers have uncovered two separate rug-factory operations funneling millions of dollars through Robinhood Chain’s booming ecosystem.
Coordinated Hacks on Payy, Duelbits and Meter Cost Over $11 Million in One Day
Three separate crypto platforms were compromised on September 24, 2026, resulting in combined losses exceeding $11 million.
Aave’s equity-backed USDC loans face weekend price-gap risk
Aave’s new stock-token market lets USDC lenders fund loans using Coinbase-issued equity tokens, but frozen price feeds over weekends could create bad-debt…
0G Introduces Compute Finance to Tokenize AI Compute Capacity
0G’s Compute Finance model tokenizes AI compute, launching a liquid-staking token now and a compute-credit asset slated for September 29.
Lido adopts dual-governance model on Ethereum, giving stETH holders new oversight powers
Lido DAO’s Vote #214 passed, activating a dual-governance framework that lets stETH holders contest certain decisions and extends the emergency delay to 14…
Ethena adds tokenized U.S. stocks to USDe collateral framework
Ethena will back its USDe stablecoin with Binance bStocks and hedge the exposure using equity perpetual futures.
Balancer DAO weighs 6 million-token fork grant as it prepares to wind down
A proposal to allocate up to 6 million BAL to a fork could lower the redemption payout for existing holders when the protocol closes.
Kamino Launches GBP-Denominated Lending Pool on Solana
Kamino has introduced a tGBP market on Solana, letting users lend or borrow a pound-linked stablecoin using crypto collateral.
KelpDAO Files Lawsuit Against LayerZero Over $292 Million rsETH Bridge Hack
KelpDAO has sued LayerZero and its CEO Bryan Pellegrino for allegedly enabling the April exploit that drained roughly $292 million from its rsETH bridge.
Payy suspends crypto card and stablecoin services after Ethereum bridge drain
Payy froze its stablecoin payment network and card transactions after reporting an outflow of roughly 1.83 million USDC from its Ethereum bridge on September…
KelpDAO Sues LayerZero Over $292 Million Cross-Chain Exploit
KelpDAO alleges LayerZero’s undisclosed weaknesses allowed a $292 million exploit that drained rsETH and wiped $20 billion from DeFi TVL.
Sui’s DeFi TVL Surpasses $1.2 B, Driven by NAVI Protocol and Market Gains
Sui’s total value locked hit about $1.21 billion in the September 22 snapshot, with NAVI Protocol contributing over $420 million.