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Get the latest crypto news today, including Bitcoin and Ethereum updates, crypto market analysis, price trends, DeFi, blockchain, Web3, and Altcoin news.
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Term Finance Lost $8.5M to a Governance Attack Playbook
An attacker drained $8.5 million from Term Finance's lending vaults on August 23 by taking over the DeFi protocol's own governance vote, not by exploiting a flaw in its code. The attacker seized majority control of Term's governance vote, then withdrew 2,
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Zcash reclaims $800 as Grayscale pushes its ETF conversion closer to launch
ZEC has reclaimed $800 and is up more than 20% in a day, and extending a rally that has taken the token nearly 5,000% off its July 2024 low of $15.97, per CoinMarketCap. Grayscale set Aug. 25, 2026 as its anticipated date to list Zcash ETF shares on NYSE
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Uniswap's Record UNI Burn Didn't Move Price or Scare Off Liquidity
Uniswap burned 150,000 UNI, about $590,000, on Aug. 21, its largest confirmed daily burn since the fee switch went live, passing the previous mark of 134,000 UNI set June 5. UNI has underperformed Bitcoin by 21.5% in the 30 days after the fee switch was a
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SOL's Short Squeeze Didn't Last: Longs Took the Bigger Hit by Day's End
Solana's short squeeze had already reversed by the time the day was done. In the four hours leading into this report, long liquidations on SOL ran to $52.15 million against $21.08 million in shorts, according to CoinGlass, close to 2.5 times the short sid
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Crypto Groups Sue Illinois Over 0.2% Digital Asset Tax
Crypto Council for Innovation and Blockchain Association filed suit against the State of Illinois on August 21 in Sangamon County Circuit Court, asking a judge to block enforcement of the state's Digital Asset Tax Act before it takes effect. Today, @Crypt
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