All news on the topic: DeFi

Ostium, an on-chain perpetuals trading platform, said a five-minute security incident caused losses from its public liquidity vault. Security firms estimated the exploit at up to $24 million.

Alexander Ozhelsky (son of banker Mikhail Fridman) previously insisted that he was distancing himself from Russian business and supporting Ukraine.

Stablecoin issuer Circle is under increasing scrutiny from blockchain researchers after millions of USD Coin (USDC) were stolen and moved without restriction through its proprietary bridge during the $285 million exploit of the Solana-based Drift Protocol.

A Maryland man has been charged with executing the 2021 hacks that drained over $50 million from the decentralized exchange Uranium Finance and led to the platform’s shutdown, the U.S. Department of Justice announced Monday.