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Balancer Warns Legacy V1 LPs to Exit After Pool-Draining Bug
DeFi

Balancer Warns Legacy V1 LPs to Exit After Pool-Draining Bug

Balancer said the deprecated pools are non-pausable, while SlowMist attributed a roughly $234,000 V1 drain to a fixed-point rounding flaw.
CME Launches Crypto Index That Excludes Bitcoin and Ether
Markets

CME Launches Crypto Index That Excludes Bitcoin and Ether

The 10-asset emerging benchmark is free-float market-cap weighted, with real-time pricing and London, New York and Asia-Pacific settlement variants.
Cronos Restarts Chain by Rolling State Back to Before the Tectonic Exploit
Hacks

Cronos Restarts Chain by Rolling State Back to Before the Tectonic Exploit

Validators discarded almost 11,000 blocks, erasing the attacker's Cronos balances along with close to two hours of everyone else's transactions. The $6.29 million already bridged to Ethereum is beyond the rollback's reach.
Ninth Circuit Says Kalshi Sports Contracts Aren’t Swaps, Splitting With Third Circuit
Regulation & Politics

Ninth Circuit Says Kalshi Sports Contracts Aren’t Swaps, Splitting With Third Circuit

The panel affirmed the dissolution of Kalshi’s Nevada injunction after finding no likely federal preemption, reaching the opposite preliminary conclusion from the Third Circuit.
Avici Says 1,685 Users Lost $500,859 In Rain Card Contract Exploit
Hacks

Avici Says 1,685 Users Lost $500,859 In Rain Card Contract Exploit

Card issuer Rain says an attacker used an outdated version of its Solana contract, which a small number of programs were running. Both companies say affected users will be made whole.
Bullish Provides USD.AI $100 Million Facility for GPU-Backed Loans
DeFi

Bullish Provides USD.AI $100 Million Facility for GPU-Backed Loans

The commitment will fund more GPU loans; USD.AI’s API reported $265 million in loan reserves and $491 million in TVL.
The Sandbox Pledges 1:1 SAND Repayment After Bridge Exploit
Hacks

The Sandbox Pledges 1:1 SAND Repayment After Bridge Exploit

Treasury-funded compensation will use pre-incident balances on Base and BNB Chain without increasing SAND’s fixed 3 billion maximum supply.
Stellar RWA Assets Outgrow Its DeFi Markets
DeFi

Stellar RWA Assets Outgrow Its DeFi Markets

RedStone puts tokenized real-world assets on Stellar above $3 billion in July, against DeFi value it measures at $213 million.
Circle Adds Native USDC, EURC and CCTP Support to Plasma
Blockchains

Circle Adds Native USDC, EURC and CCTP Support to Plasma

The deployment gives developers Circle-issued dollar and euro tokens plus a burn-and-mint route for moving USDC across supported chains.
Bitcoin Drops Below $78,000 After Warsh Speech
Markets

Bitcoin Drops Below $78,000 After Warsh Speech

Bitcoin fell 3% over 24 hours to $77,955 by early Friday afternoon, leaving it 0.7% higher on the week after trading as high as $81,479.50 overnight. Gold fell 2.4% and U.S. equities turned negative after Federal Reserve Chair Kevin Warsh told the Jackson Hole symposium the central bank has "work to do" on inflation.