DeFi
Insights and advancements at the advent of decentralized finance.
Cronos Erased Two Hours of Transactions to Reverse $111 Million DeFi Exploit
Cronos, a blockchain network backed by Crypto.com, erased nearly two hours of transaction history to reverse approximately $111.2 million tied to an exploit of lending protocol Tectonic, according to a network post-mortem on Monday. According to the developers behind Cronos, validators reversed completed transactions to protect roughly 92% of affected funds still on the network, overriding the expectation that blockchain transactions are permanent. Myriad: Ethereum's next price move? Click to ma...
Aug 12, 2026
DeFi
Harmony's ONE Sinks 37% After Attacker Mints 4 Billion Tokens
Layer-1 blockchain Harmony has confirmed it was exploited after an attacker minted roughly 4 billion ONE tokens without authorisation, sending the token down 37% to about $0.00077, per CoinGecko data. On-chain analyst Juiceberg flagged the mint early Wednesday, putting it at close to 4 billion tokens, or about 26% of the supply, and saying the tokens had been created through empty blocks. Around 2.8 billion were funnelled onto exchanges as the price fell. In a follow-up tweet, the analyst said...
Aug 7, 2026
DeFi
Tokenized Asset Deposits Tripled to $7.4B as DeFi Shrank: CoinShares
Deposits of tokenized real-world assets into decentralized lending platforms and exchanges more than tripled over the past year, climbing from $2.3 billion to $7.4 billion, while total deposits across DeFi fell by approximately 15%. The figures come from The Growth of Hybrid Finance, published Thursday by asset manager CoinShares and on-chain data provider Token Terminal. It is the pair's second joint report, covering the second quarter of 2025 through the second quarter of 2026, with all data s...
Aug 3, 2026
DeFi
XRP Holders Can Now Borrow Ripple's RLUSD on Ethereum Without Selling Their Crypto
XRP holders can now borrow Ripple's RLUSD stablecoin against their holdings on Ethereum without selling their tokens after Flare's FXRP was approved as collateral in Sentora's RLUSD Main vault. Announced on Monday by layer 1 blockchain developer Flare, the integration lets users convert XRP into Flare's FXRP token, bridge it to Ethereum, deposit it as collateral on the Morpho lending protocol, and borrow RLUSD. Because the loan is backed by collateral rather than a sale, borrowers retain exposur...
Jul 28, 2026
DeFi
1inch's Shared Liquidity Layer Aqua Goes Live
1inch has opened Aqua, its shared DeFi liquidity layer, to all users, eight months after releasing it to developers only. "he protocol went live on Tuesday across 13 EVM chains, among them Ethereum, Arbitrum, Base, BNB Chain and Robinhood Chain. A front end had originally been slated for the first quarter. Billed as "the foundation for scalable, capital-efficient DeFi," Aqua works as a registry rather than a pool. A provider approves a token balance and creates positions that draw on it. Tokens...
Jul 24, 2026
DeFi
Stocks Just Topped Crypto on Hyperliquid. ARK Says That Changes Everything
For the first time, traders on Hyperliquid moved more money through stocks and commodities than through crypto. Lorenzo Valente, director of digital assets research at ARK Invest, announced the milestone Thursday on X: "We are entering a new era for DeFi." Hyperliquid, he said, had for the first time generated more trading volume from so-called real-world assets, or RWAs, than from crypto in a single week. RWAs—meaning tokenized versions of traditional financial instruments like company shares,...