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World Liberty Financial sinks to record low on news of undisclosed 5.9 billion token sales to private investors

The undisclosed token sales and governance issues could undermine trust in DeFi projects, highlighting risks of centralized control. The post World Liberty Financial sinks to record low on news of…

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Five Major DeFi Protocols Ask Arbitrum DAO to Free 30,765 ETH Locked After rsETH Bridge Bug

A coalition of five DeFi protocols filed a Constitutional AIP on the Arbitrum governance forum on April 25, asking the Arbitrum DAO to release 30,765.67 ETH frozen after the April…

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Cryptoquant: KelpDAO Hack ‘Contagion’ Triggers Worst DeFi Liquidity Crunch Since 2024

The KelpDAO exploit allowed an attacker to siphon unbacked rsETH tokens and deposit them into Aave, triggering one of the sharpest liquidity contractions in recent DeFi history, according to the…

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“Are We an Industry of Clowns?” Curve Founder Blasts DeFi Security Failures

Michael Egorov, founder of Curve Finance, has called for the development of industry-wide security standards in decentralized finance, amid a surge in recent hacks originating largely from centralized single points…

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