A collaboration between encryption firm Zama, lending protocol Morpho, and financial services provider Steakhouse has produced a DeFi vault that shields user balances while still generating on-chain yield. Built using Zama's fully homomorphic encryption technology, the vault allows institutions and other participants to earn returns on Ethereum
Anthropic's newly released Claude Opus 5 introduces advanced cyber capabilities gated behind safety filters, but security researchers warn those guardrails may not hold against determined attackers. DeFi protocols are considered especially vulnerable: the sector has already suffered over $840 million in exploits in 2025 alone. Unlike traditional hackers,
A vulnerability in Raydium's deprecated AMM V3 program allowed attackers to drain approximately $1.34 million from five liquidity pools that had already been phased out of the protocol's active product roadmap. These legacy contracts were unsupported by Raydium's UI or SDK and inaccessible
Ondo Finance has hired John Hoffman, former head of ETFs at Invesco, to lead its expansion into onchain investment portfolios and strategies. The move signals a shift in the tokenized real-world assets firm's ambitions beyond individual asset tokenization toward more complex, multi-asset onchain products. Hoffman'
A lending initiative targeting $650 million in equipment finance aims to use artificial intelligence to compress traditional private-credit underwriting timelines from months down to a single day, with loans then issued on-chain as tokenized real-world assets. The proposal highlights growing institutional interest in bringing real-economy lending
Solana-based decentralized exchange Raydium confirmed it will use its own treasury funds to reimburse users affected by a $1.34 million exploit, signaling a direct response to growing DeFi security vulnerabilities. The attack is part of a broader trend of increasing exploits targeting decentralized finance protocols, raising concerns about
A vulnerability in a deprecated automated market maker program allowed an attacker to drain approximately $1.34 million from five inactive liquidity pools on Raydium, a decentralized exchange built on Solana. Because the affected AMM program had already been retired from active use, the exploit targeted legacy infrastructure rather than
Institutional appetite for decentralized finance is growing even as the sector recorded $635 million in exploit losses during April alone, pushing total value locked down from $172 billion to $148 billion. Coinbase Ventures purchased Ethena's ENA token on the open market, asset manager Janus Henderson took its own
A new risk framework has been proposed for Aave following an exploit involving KelpDAO, with the protocol's founder Stani Kulechov stating it will be applied across all markets and assets once approved. The proposal appears designed to strengthen Aave's defenses by standardizing how risk is assessed
Janus Henderson has taken a strategic investment in Ethena's ENA token and is exploring distribution of the protocol's synthetic dollar, USDe, marking one of the more significant moves by a traditional asset manager into decentralised finance infrastructure. The deal follows a broader pattern of legacy finance
Wallets linked to Humanity Protocol were drained of over $32 million in what onchain analysts have identified as an exploit, triggering an 89% collapse in the project's token price. Of the stolen funds, approximately $23.7 million has already been converted into Ethereum, suggesting the attacker is actively
A review of DeFi protocol losses from 2020 to 2025 shows industry-wide hacks peaked at $2.62 billion in 2022 before falling roughly 80% to $534 million by 2024, as bridge exploits and smart contract vulnerabilities that once generated billion-dollar losses have become harder to execute. However, the