KiloEX announced user compensation and staking boosts after an exploiiter stole $7 million through a price oracle vulnerability.
The exchange said it will close down on May 1, and said that there is a 'transatlantic operation' to prosecute the project.
Falling altcoin prices depressed DeFi TVLs in Q1 2025 while bitcoin dominance grew and trading volumes backpedaled.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Solana's top DEX Raydium has reponsed to Pump.fun's AMM launch by fielding a token creation terminal dubbed "LaunchLab."
KiloEx has offered $700,000 as a reward to an exploiter who stole $7 million across Base, BNB Chain and Taiko on Monday — if they return the funds.
Daily traders on Ethereum DEXs have dropped sharply to a 12-month low, reflecting a broader cooling in the crypto market and waning speculative activity.
Venus Labs requested $1.7 million paid in BTC, BNB, ETH and USDT for work it did in the last two quarters of 2025.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
By the end of the year, Matcha anticipates that most decentralized exchanges and aggregators will support Solana.
Uniswap DAO has voted to continue its “treasury delegation program” in a preliminary decision that will now move onchain.
Other Solana-based DEXs, such as Raydium, Meteora, and Whirlpool, are facing declining market share as Pump.fun's native DEX grows.
Uniswap’s U.S. app store ranking surged after the pro-crypto election victory but has since collapsed from #99 to #364, reaching record lows.
The project recently merged HyperCore, the core infrastructure behind the Hyperliquid L1, to its EVM-based HyperEVM developer ecosystem.
Spiderchain is a Bitcoin Layer 2 that uses a bespoke proof-of-stake consensus mechanism and account-based model.
Linear Finance has decided to wind down its DeFi trading protocol due to sustainability issues and a beleagured token market cap.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Hyperliquid delisted JELLYJELLY after an unknown whale manipulated onchain prices to hamstring the protocol's HLP vault.
The attack targeted pools tied to GMX liquidity tokens, specifically “cauldrons” using GM tokens as collateral.
An attacker drain approximately 6,262 ETH, valued at around $13 million, from Abracadabra’s liquidity pools on GMX.
Hyperliquid launched HyperCore and HyperEVM linking on its mainnet to bridge DEX and CEX features.
dYdX will begin monthly token buybacks with 25% of its annual net protocol fees via its Treasury SubDAO.
The introduction of PumpSwap also eliminates the 6 SOL migration fee and opens up the opportunity for creator revenue sharing in the future.
Onchain sleuth ZachXBT claimed that the leverage trader is a "cybercriminal gambling with stolen funds."
The move comes about a month after Pump.fun was found to be testing a custom-built automated market maker, possibly to replace Raydium.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Hyperliquid said there had been no exploit or hack of the protocol, but its liquidation engine could not handle the size of the position.
Ava Labs’ bid to bring the automated market maker Balancer onto Avalanche appears set to go through, according to a vote snapshot on Monday.
The omni-chain solution, which counts Brevan Howard and Hamilton Lane as early partners, is live on several chains.
The program, instituted last year, will pay approved delegates based on their voting participation rates and community engagement.