Yield-bearing stablecoins like USDe and USDY promise exchangers a return on idle reserve, but they earn that yield differently than you'd think. Here's the mechanics, the risks, and how to choose safely.
A single order on a thin Korean pre-market feed crashed a crypto perpetual on SK Hynix shares by 19% in minutes, wiping out nearly $60 million in positions. Trade.xyz is voluntarily covering the losses.
Blockaid tracked 212 hacks in the first half of 2026 — a record for a single half-year. North Korean hackers accounted for over half the losses, going after employees and passwords rather than code bugs.
After $650 million in bridge hacks, crypto projects moved over $7 billion onto Chainlink's CCIP protocol — and Fidelity and State Street are now building on the same rails.
Attackers turned a single signature for 3,000 tokens into authorization to drain 203 million — Wanchain's bridge concatenated data without delimiters. NIGHT, the token of Cardano's privacy network Midnight, took the hit.
A blockchain bridge moves assets between networks, but bridges are also the most-hacked piece of crypto infrastructure. Here is how lock-and-mint and liquidity pools work, and how to vet a bridge.
An attacker hijacked Ostium's price oracle and traded on quotes from the future, draining between $18 million and $24 million from the Arbitrum DeFi exchange in about five minutes.
An attacker bought $4M in BONK tokens, reached quorum with just seven wallets, and drained $20 million from BonkDAO's treasury. The token fell 8.5%; Upbit froze deposits.
Cross-chain bridges let exchangers tap liquidity across networks — but the true cost goes well beyond the bridge fee. Slippage, hacks, and frozen funds are realities every exchanger operator eventually faces.
Aave deployed on Monad and pulled in $100 million in deposits inside 48 hours — more than a quarter of the network's total value. Monad Foundation committed $15M in incentives to land the protocol.
Hexens found a critical type-confusion flaw in Aptos's Move VM: a $3,000 attack with near-90% success could have seized Wormhole, LayerZero, and USDC minting controls. Systemic risk: $70 billion. Patched in February.
Robinhood went live with its own Ethereum Layer 2 network on July 1, offering 24/7 trading in tokenized U.S. stocks across 120+ countries, perpetual futures, and AI agent accounts powered by the Trading MCP protocol.
New York Life Investment Management — a $807 billion asset manager — made its tokenization debut with a high-yield corporate bond fund that settles in USDC on Centrifuge's platform.
A 140-company consortium — Stripe, Visa, BlackRock, Google — launched Open USD to challenge USDC. The key selling point: reserve yield goes to all partners, not one issuer. Circle shares fell 8%.
An atomic swap lets you exchange crypto directly — no exchange, no middleman. The tech has existed since 2017 but never went mainstream. We explain why — and what it means for exchanger operators.
Kraken is in talks to acquire a 15% equity stake in Aave Group at a $385 million valuation — the first time a centralized exchange takes corporate ownership in a DeFi protocol.
DEX protocols disrupted the crypto market — yet centralized exchangers keep thriving. We break down what DEX does best, where it falls short, and what this means for people running their own exchanger.
Hackers compromised a third-party vendor to inject malicious code into Polymarket's frontend, draining roughly $3M in PUSD from user wallets. The platform's second security breach in a month.
The most notorious sandwich bot on Ethereum lost $7.5M after an attacker spent weeks planting 66 fake token contracts that tricked it into signing its funds away.
The SEC proposed scrapping Rule 611, a 2005 order-protection standard that made it technically impossible for AMMs to trade US equities. The change could open DeFi markets to tokenized stocks.
