#DeFi
11 stories
79thVault Token Pool Drained of $14.35m Despite 79% of Liquidity Being Burned
A privileged permission in the 79AU token let coins leave its PancakeSwap pool without payment, Bitquery found, bypassing the burned liquidity entirely.

Proprietary AMMs Handle Over 90% of Jupiter's SOL-Stablecoin Trades, DWF Estimates
PropAMMs take 15% to 27% of daily on-chain DEX volume by DWF's count, as trade execution moves to private desks while settlement stays on-chain.

HTX DAO Launches $10m Genesis Programme to Back Crypto-AI Projects
The milestone-based scheme targets early-stage teams in payments, AI agents, DeFi and tokenised assets, offering access to HTX users and TRON liquidity.

Switchboard Oracle Compromise Brings Losses and Freezes to DeFi Apps on Sui and IOTA
An attacker reportedly controlled all 14 of Switchboard's IOTA oracle keys, valuing IOTA at $10m to mint about 4.94m VUSD. No root cause has been published.

Solana's Best Month Since 2024 Lands on a Historic Governance Vote
SOL is up 44% in August and back above $105. Validators are deciding whether the network prints less and burns more.

Robinhood Chain Posts Its Strongest Day Since July as RWAs Surge
$443m in DEX volume, three million transactions, and every token in the top eleven by market cap is under two months old.

An Oracle's API Change Threatened to Freeze Contracts Across 300 Protocols
Pyth missed its own cutover deadline. Developers calling its price service directly now need an API key.

Galaxy Opens Crypto-Backed Credit Lines to Retail Clients
Borrow against Bitcoin, Ethereum and staked Solana at 8.99% without selling. The collateral is not rehypothecated.

$457bn in Taxable Crypto Activity, and the Rules Cover 14% of It
Chainalysis says the OECD's reporting framework misses most on-chain flows, because it was built for exchanges.

FATF Says Crypto Laws Are Being Passed and Not Enforced
83% of jurisdictions now have Travel Rule legislation. Only around 40% of them have taken any supervisory or enforcement action — and organised crime is working the gap.

DeFi's Users and Token Holders Want Different Things, and It's Breaking the Model
Protocol usage is at record highs. Token prices are stuck. The two groups of stakeholders have preferences that increasingly point in opposite directions — and the governance architecture assumes they're the same people.