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Analysts identify 3 critical flaws that brought DeFi down

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Poor risk management, insufficient revenue and the overuse of leverage are the core reasons why DeFi is crumbling.

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US law firm apologizes after AI hallucinations made it to a legal filing

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Sullivan & Cromwell’s Andrew Dietderich said the company has AI policies to prevent incorrect citations and other errors, but procedures weren’t followed on this occasion.

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Privacy protocol Umbra shuts front end to stifle Kelp exploiters

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Umbra has shut down its front end to stop hackers, but says it can’t stop the use of its smart contracts or another version of its open-source front end.

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Justin Sun sues World Liberty Financial over token lockup

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Sun said the lawsuit is to protect his rights as a WLFI token holder and doesn’t change his support of US President Donald Trump and his administration’s efforts to make the US crypto-friendly.

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