source: venus.io

Venus Protocol Recovers $13.5M After Phishing Attack

Quick Breakdown: Venus Protocol has recovered $13.5 million lost after a whale wallet fell victim to a phishing attack.  The protocol paused operations and leveraged governance powers to liquidate attacker positions, fully restoring assets and stabilizing its token XVS....

source: x.com

River Integrates Chainlink to Enhance Cross-Chain Stablecoin Security

Quick Breakdown:  River integrates Chainlink oracles to ensure accurate, tamper-resistant cross-chain stablecoin pricing. Chainlink feeds secure satUSD on multiple chains, supporting omni-CDP collateralization and liquidity. Users gain safer, more reliable access to DeFi liquidity with reduced risk of price...

source: dataconomy.com

Reflect Money Launches USDC+ on Solana, Raises $3.75 Million

Quick Breakdown: Reflect Money raises $3.75M led by a16z Crypto for its new USDC+ stablecoin on Solana. USDC+ aims to increase on-chain capital efficiency by capturing blockchain yields directly. Reflect stablecoins eliminate idle assets and intermediaries, offering up to...

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