Circle’s ability to freeze USD Coin (USDC) on-chain—a control long marketed as a safety feature—is drawing renewed scrutiny after an on-chain investigation alleged that the company moved slowly to block hundreds of millions in stolen funds while rapidly freezing a… Read More »Circle’s USDC Freeze Powers Under Fire After Alleged Inconsistent Wallet Blocks
World Liberty Financial’s dollar-backed stablecoin briefly slipped off its $1 peg on Feb. 23, trading as low as $0.994 before snapping back within minutes. The issuer framed the move as the result of a “coordinated attack,” but on-chain and market-structure… Read More »World Liberty Financial’s Stablecoin Peg Attack Exposes Concentration Risk at Single Exchange
When Makina Finance was hit by a multimillion-dollar exploit, it wasn’t the protocol’s governance, security council, or even the attacker who ultimately dictated where most of the money went. It was a Maximal Extractable Value (MEV) builder. The incident exposes… Read More »How MEV Bots Hijacked a $4.1M DeFi Exploit — And Claimed the Power to Decide Who Gets Repaid
Trust Wallet has urged Chrome users to immediately disable its browser extension after a compromised release was found to contain a hidden script that harvested users’ private keys. The incident centers on version 2.68 of the extension, which was pushed… Read More »Trust Wallet Chrome Extension Compromised: Hidden Script Harvested Private Keys in Version 2.68