Today in DeFi - Onyx Exploited For 2.1M, SEC Charges SafeMoon, Hyperlane Supports Celestia Bridging, On-chain DCA, and more...
Onyx Exploited for $2.1M
Lending protocol Onyx was exploited for ~$2.1M due to the same rounding issue behind the 7M Hundred Finance hack.
SEC Charges SafeMoon
The SEC charges two SafeMoon executives with fraud and unregistered offering of crypto securities. The arrested executives βwithdrew crypto assets worth more than $200 million from the project, and misappropriated investor funds for personal use.β
Hyperlane Supports Celestia Bridging
Hyperlane Nexus now supports Celestia > Celestia Rollups bridging.
Bond Limit Orders Live
Bond protocol launches Bond Limit Orders. Limit orders aim to reduce waiting time and decrease average discounts on bonds.
Thresholdβs T/tBTC bond market is live on Bond with Limit Orders available.
Synapse X Live
Synapse X is live for modular bridging. Synapse X routes transactions through external pools, allowing wider stablecoin support and efficient routes.
PYTH Retro Airdrop
Pyth network launches the Retrospective Airdrop, users can check their eligibility and allocated PYTH Token amounts on the airdrop check webpage.
IBC Coming to Avalanche
Avalanche will enter the IBC ecosystem. The IBC light client builder Landslide will launch an incentivized testnet.
On-chain DCA β¦
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