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The exchange routes USDT deposits into a Spark vault on X Layer, OKX's own Layer 2 network, where the vault holds under $500 and Spark's risk reviewers noted the chain can be upgraded by its operator without delay.
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, Web3 and crypto regulation.
Real‑world‑asset perpetual futures surged to $799.5 bn in August, with stocks making up 62 % of volume. New unified‑margin accounts now back positions with any asset, meaning a drop in a stock used as collateral can liquidate a Bi
Blockstream announced it will not pay a ransom for the roughly 598.5 BTC still held by the actors behind the Liquid Network exploit, after returning 3,400 BTC earlier this week.
The proposed curve change adds 13 to 89 basis points across a $323.8 million debt snapshot. The post Rising Aave borrow rates threaten to flip Ethena’s USDe yield loops into negative carry appeared first on CryptoSlate.
Its Navier–Stokes claim suggests a possible role for AI in contract verification, where flawed specifications can leave vulnerabilities undetected.
The two Ethereum launch pools pair USDC with USDT and USDG; corrective trades outside the price band face a fee that falls each block.
Sergio Lerner, chief scientist at Rootstock Labs, recommends that Bitcoin bridges implement mandatory withdrawal delays to give operators a response window after a validation error, citing the recent unauthorized 4,000 BTC peg‑out
A Superfluid vulnerability allowed a malicious Super App to bypass liquidation safeguards, resulting in the loss of over $120,000 from GoodDollar’s Celo and XDC reserves and affecting external G$ liquidity pools.
Four leading TRON ecosystem dApps—B.AI, SUN.io, JustLend DAO and BitTorrent—now integrate MetaMask, giving users in‑wallet access to AI‑driven finance, AMM swaps, lending and cross‑chain services.
A flaw in Nomic’s custom forwarding logic allowed a double‑spend that left the allBTC token partially unbacked, prompting Osmosis to freeze 22.65 BTC and pause allBTC minting and redemption.
Alby announced a critical flaw affecting Alby Hub v1.7.0‑v1.18.5 that could allow remote attackers to access the management API and move funds. Users are urged to upgrade to v1.24.0 and restrict public internet exposure.
Noncustodial trading platform Byrrgis aims to fix fragmented decentralized finance trading by removing the need for native gas tokens and unifying discovery, evaluation and execution across chains.
USDC markets backed by WBTC and cbBTC are live, while roughly $5 billion held in Morpho Vaults remains unable to enter Midnight pending DAO action.
CrowdStrike reports that the August 31 takedown of the Sality botnet stopped new payload delivery, but the address‑swapping tool already installed on infected computers continues to threaten users by redirecting Bitcoin and Ethere
Liquid Network has recovered 3,400 BTC worth about $269.2 million from the self-described white‑hat hackers behind a 4,000 BTC withdrawal, although nearly $47 million remains outstanding.
Moonwell’s governance proposal MIP‑X66 aims to slash monthly interest on existing bad debt by about 85%, yet the plan does not confirm any USDC reserve transfers or a timeline for returning user funds.
Ethereum co-founder Vitalik Buterin has pushed back against predictions that artificial intelligence could trigger a 50% Bitcoin crash within two years.
Self-described white‑hat hackers who drained nearly all of Liquid Network’s bitcoin reserves have returned 3,400 BTC worth about $268 million, while keeping roughly 598.5 BTC valued at $47 million.
The transaction pays 3,400 BTC back to the Liquid federation wallet and 598.50 BTC to the attacker’s own address. It is unconfirmed and flagged replaceable, and neither side has published anything about the split.
DefiLlama shows $9,879.92 locked and no bridge volume over 30 completed days; Router’s notice only instructs centralized‑exchange holders to withdraw by venue deadlines.
A hack that drained roughly 4,000 BTC from the Liquid Network’s federation wallet has paused the sidechain, leaving L‑BTC backed by only 4.7 % of its required Bitcoin. Blockstream confirmed bridge nodes are patched and that it is
Galaxy said 82% of Bitcoin stolen across all Coldcard attacks remains in the original addresses, with 18% moved in apparent laundering.
The attacker has now drained the 11 largest vaults tied to the third wave of Coldcard thefts, Galaxy Research said.
A Cozy Finance exploit drained $170,000 on Optimism. The DeFi insurer already lost $427,000 to a 2025 attack.
Blockstream's Liquid disabled its bridge nodes on Sunday after almost the entire bitcoin reserve backing L‑BTC was withdrawn to a single address, whose owner wrote “we are whitehats” into a bitcoin transaction.
Borrowers who use stablecoin loans against appreciated crypto to defer capital‑gains taxes create fragile loan‑to‑value dynamics that raise default risk for DeFi lending protocols such as Venus.
The cryptocurrency sector recorded 50 major hacks in August 2026, though total financial losses dropped 49.5% to $136.3 million. Security analysts and industry leaders emphasize that many major DeFi breaches stem from a single poi
QuFi’s new platform uses post-quantum cryptography to verify digital asset transactions without requiring changes to existing blockchain settlement networks.
Compromised private keys have become the leading cause of DeFi theft in 2026, accounting for the majority of the $1.3 billion lost so far, with North Korea’s Lazarus Group responsible for roughly 44 % of the total.
Cronos validators halted the chain on Aug. 30, erased more than 10,000 blocks and restored the network to a pre‑exploit snapshot, wiping out a $75 million attack on the Tectonic lending protocol while sparking debate over blockcha
Criminals are posing as Anthropic’s Claude AI service with a fake desktop app that installs the Revstealer infostealer, targeting a range of cryptocurrency wallets and other credentials.
Full Sail, a decentralized exchange on the Sui network, is shutting down after an attacker drained roughly $91,000 from three vaults by exploiting Switchboard oracle code.
The Sality malware, operating from Russia, intercepted copied Bitcoin and Ethereum addresses and swapped them for attacker‑controlled ones. CrowdStrike and law enforcement have now isolated over 15,000 infected machines.
YAM Finance has faced a governance takeover attempt after an attacker accumulated enough delegated YAM voting power to submit a proposal that could hand over control of the protocol’s Timelock and put roughly $337,000 at risk.
Besides organic growth and pump-and-dump schemes, there’s another increasingly popular yet malicious reason why your crypto might be skyrocketing, as price manipulation attacks have already surpassed the results for the whole of 2
A counterfeit Claude desktop application has been used to deliver RevStealer, a Windows‑based malware that harvests credentials from more than 50 cryptocurrency wallets, password managers and browsers before self‑deleting.
A replay flaw in ICON’s withdrawal contract allowed a hacker to reuse two legitimate messages 1,490 times, releasing over 119 million ICX and triggering a temporary network halt.
Full Sail confirmed vault losses, Virtue reported 47 liquidations and Volo paused withdrawals while Sui and IOTA remained online.
The Sentora-incubated cover protocol already holds $76 million in staked XRP on Flare. Its first cover integrations go live this month, into a market where on‑chain protection covers about 0.1% of DeFi.
RevStealer targets more than 50 crypto wallets alongside browser passwords, cookies, messaging data and selected documents.
Firelight raises $8 M to expand its DeFi loss‑recovery protocol, now supporting Bitcoin and XLM alongside XRP, aiming to simplify risk mitigation for fintechs.
Identity verification is becoming a core part of the DeFi stack as developers embed reusable credentials, privacy‑preserving proofs and compliance checks directly into lending, payments, stablecoins and tokenized asset platforms.
Fifty major hacks were reported in August 2026, the highest monthly total this year, but total stolen value fell to $136.3 million, a 49.5% decline from July.
About $6.29 million reached Ethereum as 2,592 ETH before the pause, while researchers say the rest of the attacker's borrowings never left the frozen chain.
Malicious actors exposed two decentralized finance (DeFi) lenders to over $84 million in losses over four days, using variations of a price‑manipulation strategy previously targeted by US regulators.
The Cronos blockchain halted block production after an attacker inflated the price of TONIC, borrowed against the fake value and drained over $70 million from the Tectonic protocol.
Blockaid said an attacker used an Ankr liquid staking token and E‑mode to overborrow from More Markets and drain about $9.3 million in WFLOW from a lending reserve.
Cronos halted its blockchain after the Tectonic exploit, trapping most of the stolen funds before they could escape.
A misconfiguration on the Base and BNB Smart Chain bridges allowed attackers to hijack LayerZero delegate permissions, mint trillions of unbacked SAND tokens and drain roughly $675,000 from the Ethereum vault before the bridge was
A single Ethereum contract operated by the bot JaredfromSubway.eth extracted over 117,000 ETH (~$295 million) since March 2023, but in June 2026 an attacker used fake token contracts to drain about $7.5 million from the bot.
This week, the co‑founder of Refi Hub, Numa Lunah, explained that he was compromised by following a download link delivered inside a Claude chat window. The warning is a wake‑up call to blockchain and crypto industry workers, as l
The wallet behind the attack held 10,005 SOL at press time and was still taking funds. Avici said it was "aware of an issue affecting card balance withdrawals" nearly two hours after the first drain transaction.
RedStone reports tokenized real‑world assets on Stellar grew to over $3 billion in July, while the network’s DeFi value locked remained around $213 million.
Ethena announced plans to add equity‑perpetual basis trades to the USDe stablecoin’s backing strategy, with partner exchange deployments expected in the coming weeks.
A weak random‑number generator in the CryptoJS library caused recovery phrases for several wallets to be predictable, enabling attackers to steal at least $5.69 million across multiple blockchains.
Moonwell’s lending platform was drained of $8.7 million when an attacker manipulated the price of the small Base token MAMO, allowing the borrowing of real assets such as cbBTC and USDC without any smart‑contract breach.
Developers are holding details for two weeks while fixes reach operators, in the second Lightning security emergency this month traced to AI work on Bitcoin code.
Pyth Network’s upgrade to its Hermes price‑delivery service now mandates API keys for direct callers. Developers who have not updated their integration risk frozen price‑update transactions across hundreds of DeFi protocols.
The savings app supports bank and stablecoin deposits; a July proposal described swaps and foreign exchange as additions planned for 2026.