“We're upgrading the entire Polymarket exchange stack over the next 2-3 weeks. New contracts. New order book. New collateral token,” Polymarket said.
The exploit, which started over two hours ago, seems to be targeting multiple Drift vaults, totaling at least $200 million.
Tesseract tested its vault architecture with six pilot participants, including crypto ETP issuer 21Shares.
BlackRock's BUIDL is the largest tokenized fund with about $1.7 billion worth of Treasuries, overnight repos, and cash under management.
Moonwell is facing a governance attack after a $1,800 token purchase was used to push a proposal that could drain over $1 million.
Ethereum block builder Eureka Labs is introducing "programmable blocks," which add logic during block construction.
The platform offers three API modules to help issue RWAs, support payments, and enable onchain swaps supported by 20 launch partners.
Across Protocol’s recent temp check proposal raises a bigger question about the future of DAOs and tokens in crypto.
Muneeb Ali's Stacks Labs said its SIP-034 upgrade has now been implemented, boosting effective capacity for certain DeFi applications.
The network's co-founder says many blockchains pitching financial rails lack the activity to justify their valuations, and stablecoins still lack true product-market fit.
The Solv Protocol team said it would cover the losses from the "limited exploit," totaling about $2.7 million for about 10 users.
Safe Labs is rolling out a way for users to earn euro-denominated yield using a EUR CoinVertible vault on Morpho.
Developed with Paradigm, the tool is OpenAI’s attempt to determine whether modern AI systems are up to the task of helping prevent smart contract issues.
LiFI Composer allows users to combine different actions like swaps, bridging, deposits, and staking into a single transaction.
ZeroLend will wind down after operating losses as TVL fell 98% to $6.6 million and the ZERO token plunged.
BlackRock is bringing its tokenized Treasury fund BUIDL to Uniswap through Securitize, marking its first direct DeFi trading integration.
The non-profit Safe foundation said the project is “not yet profitable,” though the team hopes to "break-even and double revenue in 2026."
stVaults, introduced in February 2025 as part of the Lido V3 upgrade, are finally rolling out in a mainnet.
Flying Tulip, a new DeFi platform founded by Andre Cronje, has raised additional capital through a mix of private and public token sales.
Bitwise has joined Morpho as a vault curator, highlighting growing institutional demand for allocating capital onchain.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Matcha Meta disclosed a SwapNet security incident on Sunday and PeckShield estimated roughly $16.8 million in crypto was drained.
Nansen has launched integrated AI-driven trading, enabling onchain execution across Solana and Base via its web and mobile apps.
Boundless' new verification system will initially run from the Ethereum mainnet and Base Layer 2 to Bitcoin, with plans to expand.
Chainlink's 24/5 U.S. Equities Streams will enable decentralized protocols to more easily integrate onchain stocks and ETFs.
Makina Finance’s DUSD/USDC pool lost approximately $5 million in a flash loan exploit, security firms reported.
"This alliance will accelerate the integration of USDe into the deepest layers of the DeFi economy,” Ethena founder Guy Young said.
Three entities — Upshift, Clearstar, and Flare — have jointly launched earnXRP, a new product that allows users to earn yield denominated in XRP.
Anchorage Digital acquired Hedgey, a startup that builds solutions for managing token allocations, distributions, and vesting schedules.
Privacy tokens are rallying, new infrastructure is gaining steam, and VCs are paying closer attention to this area.