decentralized finance

Hold on a second, let’s review Kyle Samani’s $7 million USDC jump to Coinbase. Lookonchain alerted it, the crypto-sphere is buzzing, and of course everybody thinks it’s headed toward a SOL shopping spree. Given that Multicoin has long been one of the most prominent Solana bulls, the dots connect fairly...

KiloEx, a decentralized perpetuals trading platform incubated by YZi Labs, just hit the news with a $2 million+ exploit. This incident led to total losses of approximately $7.4 million on all chains combined. As a direct result, the cross-chain attack caused the instant suspension of all platform operations. Within hours...

The nearly $7.5 million KiloEx hack is more than just a number in DeFi saddening statistics. It’s a stupidly blinking neon sign pointing to a markedly deeper, systemic issue in the quickly accelerating world of cross-chain interoperability. We need to talk about this.Cross-Chain: Interoperability or Insecurity?Let's be frank: the dream...

I can recall Sarah’s text yesterday as clearly as the day she sent it. "Aditya, I'm ruined. Everything I had was in KiloEx. Gone. Just like that." For Sarah, the single mom turned DeFi pioneer only trying to provide a better life for her children, her dreams turned to ashes...

The $7.4 million KiloEx exploit story is about more than another juicy DeFi headline. It's a glaring symptom of a systemic disease plaguing the entire ecosystem: a dangerous over-reliance on vulnerable price oracles. We've seen this movie before, and frankly, I'm tired of the sequels.Price Oracles: DeFi's Single Point FailureLet's...

Bybit’s decision to integrate Avalon – connecting a seamless CeFi experience with DeFi yields – is a daring one for sure. Is it a calculated step towards financial innovation, or a reckless gamble that amplifies systemic risks within the already volatile crypto ecosystem? The devil, as usual, is in the...

Is Bybit’s new introduction of Avalon a stroke of genius that breaks open the Bitcoin yield floodgates to all? Or is it a regulatory time bomb, like the M80 just waiting to go off. We know, we know—the crypto space has seen its fair share of grandiose plans, but there’s...