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DeFi Platform Abracadabra Hit by Hack, Offers Reward for Return

[Mar 26 3:20 PM] Abracadabra Finance confirmed a hack of its GM cauldrons products, resulting in a loss of 13 million MIM stablecoins. Reward Offered to Hackers for Return of Stolen Funds The decentralized lending platform Abracadabra Finance confirmed on March 26…

OKX Halts DEX Aggregator Amid Bybit Hack Fallout

[Mar 17 2:33 PM] The crypto exchange and blockchain infrastructure provider OKX has “temporarily halted” operations for its decentralized exchange (DEX) aggregation app, “OKX Web3.” This decision comes after the firm previously clarified it implemented…

Lightning Companies Are Raising Again: This Is Good for Bitcoin

[Feb 6 6:04 PM] Recently, Flashnet announced that it had raised a $4.5m seed round, led by Abstract Ventures with participation from UTXO Management and others. Follow GG on X Flashnet is a Bitcoin native DEX based on Spark (a Bitcoin L2 designed between the…

Report: ‘Solana Is Drinking the Ethereum Milkshake’

[Jan 29 8:30 PM] Cryptocurrency exchange OKX says “Solana’s meteoric ascent redefined the potential of Web3,” in its 2025 “State of DEXs” report. Solana Is Surging While Ethereum Is Fighting for Relevance Says OKX When it comes to dominating volume on decentrali

Thorchain Faces Insolvency, Halts Redemptions

[Jan 24 10:30 PM] Node operators voted to temporarily suspend redemptions for the platform’s decentralized finance (defi) offerings, but core developers claim it’s business as usual for all other aspects of the network. Thorchain Teeters on the Edge of Insolvency…