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DeFi flash loan hacker liquidates Defrost Finance users causing $12M loss

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Moments after a few users complained about the unusual loss of funds, Defrost Finance’s core team member Doran confirmed that Defrost V2 was hit with a flash loan attack.

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Solana Institute CEO says CLARITY Act must shield open-source developers

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Kristin Smith urged the Senate to preserve developer protections in the CLARITY Act, arguing open-source builders should not be regulated as financial intermediaries.

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BBB refers prediction market Kalshi to state regulators over ad inquiry

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A BBB advertising watchdog escalated its review of Kalshi after the prediction market platform declined to participate in an inquiry into influencer disclosure practices.

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Bitcoin may act as a ‘canary in the coal mine’ as risk-off pressure spreads: Bitwise

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Bitwise research suggests that Bitcoin is leading a broader risk-off move across markets as global liquidity and stablecoin reserves remain elevated.

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