Today in crypto, one of Ethereum’s most notorious MEV bots, Jaredfromsubway.eth, was exploited for more than $7.5 million in a sophisticated attack that was in the works for several weeks. Meanwhile, the Philippines’ securities regulator has signaled readiness to adopt real-world asset tokenization. Notorious ‘sandwich attack’ bot Jaredfromsubway.eth exploited for $7.5M One of the most…

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Aave’s native cryptocurrency could reach $175 under a one-year base-case scenario as asset managers increasingly apply traditional finance valuation models to decentralized finance (DeFi) tokens, according to a new report by Grayscale Research. The digital asset manager said Aave could generate about $60 million in net income in 2026 and placed the token’s current fair…

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A stress test that showed both strengths and weaknesses When large sums leave a financial system quickly, hidden weaknesses often become visible. In traditional finance, such situations often lead to emergency lending programs, withdrawal limits or government-backed bailouts. Decentralized finance (DeFi) works differently. Aave is one of crypto’s biggest lending platforms. In April 2026, users…

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Malta’s financial regulator has issued a discussion paper outlining a potential legal framework for decentralized finance (DeFi), including recognition of decentralized autonomous organizations (DAOs), as European policymakers continue to grapple with how to regulate blockchain-based financial services. On June 12, the Malta Financial Services Authority (MFSA) opened a public consultation on DeFi under the European…

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Deprecated Aztec infrastructure has suffered a second exploit within days, adding to concerns about the security of abandoned smart contract infrastructure. Aztec’s private rollup bridge was exploited on Thursday for 1,158 Ether (ETH), 150,000 Dai (DAI) and 0.46 renBTC (RENBTC), totaling about $2.15 million, according to Cos, the co-founder of cybersecurity company SlowMist. His preliminary…

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Hyperliquid’s perpetual futures open interest recently exceeded $10 billion as the platform expanded into equity-linked products, commodities and synthetic pre-IPO trading. Hyperliquid is now the third-largest perpetual futures exchange, with growth driven primarily by crypto assets and supported by expanding trading in equities, commodities and indexes through Hyperliquid Improvement Proposal-3 (HIP-3), according to digital asset…

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Aztec Connect, a deprecated decentralized finance platform, was drained of around $2.1 million in crypto on Sunday after an attacker exploited its verification function. Aztec Labs posted to X on Sunday that it was “investigating a potential exploit affecting Aztec Connect,” adding that around $2.1 million was transferred from the platform’s smart contract, which did…

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Standard Chartered expects assets locked in decentralized finance (DeFi) to grow 37-fold to $2.7 trillion by the end of 2030. The expansion would be driven by both tokenized real-world assets (RWAs) and crypto-native assets moving through onchain protocols, Geoff Kendrick, head of digital assets research at Standard Chartered, said in a research note on Monday. …

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Investors are increasingly backing stablecoin and credit infrastructure rather than decentralized finance (DeFi) lending alone, with Morpho Labs’ latest funding round drawing attention to onchain credit markets, according to Spark CEO Sam MacPherson. Morpho announced Tuesday that it raised $175 million in a round led by Paradigm, a16z crypto and Ribbit Capital. While Morpho is…

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Zcash founder Zooko Wilcox said a security audit by Anthropic’s Claude Mythos artificial intelligence model found no serious vulnerabilities in the privacy-preserving cryptocurrency’s protocol. Requested by Shielded Labs, a Swiss-based non-profit supporting the development of Zcash, the AI security audit did not find “any more serious bugs” in the Zcash protocol, according to a Saturday…

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