Blockaid detects $6M exploit on Summer.fi platform

On Monday, July 6, the DeFi protocol Summer Finance was hit by a sophisticated flash loan and price manipulation attack, resulting in an estimated loss of $6 million. Security Firms Flag Breach Blockchain security firms reported Monday, July 6, a major security breach targeting Summer Finance, a decentralized finance ( DeFi) yield optimization protocol. According […]

Aave's growth on Celo highlights the potential for increased DeFi adoption via mobile-friendly platforms, attracting institutional interest. The post AAVE data on Celo now live on Token Terminal, monthly active users up 80% appeared first on Crypto Briefing.

DeFi vault platform Summer Finance was drained of roughly $6 million on Monday in an exploit that security firm Blockaid said its detection system flagged as it was unfolding. Blockaid posted the exploit transaction, the attacker's address and the affected Lazy Summer contracts within minutes of…

Paradex's enhanced bug bounty program underscores a strategic shift towards robust security, potentially setting new standards in DeFi safety. The post Paradex launches bug bounty program with up to $500K in rewards appeared first on Crypto Briefing.

SUI July unlocks and DeFi base around $440M TVL set the tone for Q3. Routine community emissions near 64M SUI/month test whether on-chain demand can absorb supply.

Blockaid flagged an active Summer.fi exploit, saying about $6M was drained as DeFi vault security faces renewed market attention.

Aave’s new Monad market has crossed $100 million in deposits shortly after launch, giving the DeFi sector a fresh growth signal.

SECZ issuer-sponsored tokens on Solana and Avalanche put real NYSE shares on-chain, not synthetics. What changes for DeFi, compliance, and settlement.