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News
Hacker drains $8.5 million from Term Finance after taking control of vault governance
3+ hour, 11+ min ago (417+ words) Decentralized lending protocol Term Finance lost about $8.5 million after an attack targeting the governance system of its vaults, according to blockchain security firms PeckShield and CertiK. According to PeckShield, the attacker drained about 2,843 ETH worth $6.87 million, as well as 1.68 million…...
Extending BlockSim with energy and carbon footprint modeling for sustainable blockchain evaluation
2+ week, 6+ day ago (1453+ words) 2 Background and related work 3 Overview of BlockSim (Alharby and van Moorsel) 4 Energy consumption modeling extension 5 Carbon footprint modeling 7 Results and analysis 8 Discussion and threats to validity 9 Conclusion and future work Front. Blockchain, 20 August 2026 Sec. Blockchain in Industry Faculty of Engineering,…...
Global central banks are pushing CBDCs to defend monetary sovereignty against USD stablecoins, but are struggling to find demand for the digital currencies
13+ min ago (12+ words) Top news and commentary for technology's leaders, from all around the web....
Fasset Secures Unicorn Status With $68M SBI Investment in Stablecoin Banking
1+ hour, 19+ min ago (339+ words) A Los Angeles-headquartered stablecoin banking solution, Fasset, has achieved unicorn status at a $1 billion valuation following the completion of a $68 million investment round headed by Japan’s SBI Group. Fasset has entered the global fintech unicorn category. Less than four months…...
Stablecoin-Powered Card Transactions Surge Past $1 Billion Milestone in July
29+ min ago (334+ words) Digital currency card transactions exceeded the $1 billion threshold in July, marking a significant milestone as stablecoins increasingly power routine consumer purchases. According to Paymentscan data referenced by venture capital powerhouse a16z, monthly transaction volumes climbed to $1.04 billion, demonstrating substantial growth from…...
Term Finance Loses $8.5M in Governance Exploit
2+ hour, 56+ min ago (330+ words) Term Finance, an Ethereum-based fixed-rate lending protocol, lost about US$8.5 million (AU$11.9 million) on 23 August after an attacker took over the governance system controlling its vaults, and Term Labs has since shut those vaults down for good. PeckShield put the…...
Term finance loses estimated $8.5M in vault governance exploit
3+ hour, 48+ min ago (563+ words) Decentralized lending protocol Term Finance lost an estimated $8.5 million after an attacker exploited governance control of its strategy vaults, according to blockchain security firms. On Sunday, PeckShield said the attacker drained about 2,843 Ether (ETH), valued at $6.87 million at the time,…...
Trump Team Nets $3.39M From Solana TRUMP Liquidity Moves
24+ min ago (27+ words) Trump's team converted TRUMP liquidity on Solana into 3.39M USDC over 10 hours by adding and withdrawing pools, triggering AMM swaps instead of exchange sales....
Stablecoin News: USDT Adoption Rises Across Emerging Markets
48+ min ago (593+ words) Could stablecoins be moving from crypto markets into everyday finance? Today's news points to a wider shift. Tether CEO Paolo Ardoino said USDT use is rising in Venezuela, Argentina, Bolivia, and Turkey. He linked that growth to currency declines, dollar…...
Term Finance Suffers $8.5M Loss in Governance Token Attack on Meta Vaults
39+ min ago (395+ words) An Ethereum-based fixed-rate lending platform, Term Finance, has acknowledged losing approximately $8.5 million following a governance exploit targeting its strategy vaults. The incident, flagged by blockchain security companies PeckShield and CertiK, represents one of the most significant DeFi security breaches in…...