DeFi News
AI-summarized DeFi articles, updated hourly from the most trusted sources.
NFT Lending Protocol Gondi Contained a $230K Exploit, Says Platform Is Now Secure
Gondi, an NFT-backed lending protocol, suffered a $230,000 exploit targeting its Sell & Repay smart contract. The team says the vulnerability has been addressed and that core marketplace functions remain safe to use.
Resolv Halts Protocol After Attacker Mints 80 Million Unbacked USR Tokens
Resolv paused its entire protocol after an exploit allowed an attacker to mint 80 million unbacked USR stablecoins, sending the token's price crashing to $0.24. The incident reignites longstanding concerns about stablecoin security and the systemic risks embedded in DeFi infrastructure.
Fira launches fixed-rate DeFi lending market with $450M in deposits
Fira has debuted a fixed-rate decentralized lending protocol backed by $450 million in pre-launch deposits, aiming to bring predictability to long-term DeFi borrowing rates. The launch signals growing institutional appetite for more stable yield instruments within decentralized finance.
Lombard and Bitwise Bring Bitcoin Yield and Lending to Institutional Custody
Lombard has partnered with Bitwise to let institutions earn yield and borrow against Bitcoin without moving assets out of custody. The collaboration, announced at the Digital Asset Summit, addresses a long-standing friction point for large-scale Bitcoin holders seeking capital efficiency.
Fira Launches Fixed-Rate DeFi Lending Market With $450M in Pre-Launch Deposits
Fira has debuted a fixed-rate decentralized lending protocol backed by $450 million in pre-launch deposits, aiming to bring predictability to long-term DeFi borrowing rates. The launch signals growing institutional and retail appetite for more stable, structured alternatives to traditional variable-rate DeFi markets.