Grand Base, a real world assets platform built on the Base layer-2 blockchain, has seen $2 million exit the platform in a hack or rug pull.The team behind the project claimed that the deployer wallet had been compromised, allowing an attacker to drain the project's liquidity pool. Altogether, 615 ETH (~$2 million) was taken from...

The MarginFi decentralized lending project on Solana has been at the epicenter of some major drama recently, amid concerns around oracle problems, withdrawal failures, and accusations that the project has not been paying out its promised rewards. Much of this came from a Solana staking pool, SolBlaze; MarginFi responded by describing...

The US Securities and Exchange Commission issued a warning to the Uniswap decentralized exchange in the form of a Wells notice. Wells notices are used to inform the recipient of an impending lawsuit, and give them a last-ditch opportunity to convince the SEC that the suit is unwarranted.The notice was received with an adversarial...

Pac Finance, a fork of the Aave lending protocol deployed on the Blast blockchain, surprised some of its users as an unannounced and unexpected code change lowered the liquidation threshold. Pac Finance said that they had asked an engineer to make changes to the smart contract, and that that person had unexpectedly decreased the...

NGS Crypto, which sold "crypto mining packages" to interested investors, has been put into receivership. The Australian firm encouraged customers to set up a self-managed super fund — a type of retirement fund — to achieve returns they said were powered by crypto mining. The firms advertised returns of up to 16% annually, and promised...

Liquidators have been appointed for three cryptocurrency companies owned by Ash Balanian. DCA Capital, Digital Commodity Assets, and the Digital Commodity Assets Fund have all entered liquidation after investors raised red flags about the fund's management and licensure.So far, losses are estimated to affect around 100 investors,...