Drift Protocol was hit by a major exploit that drained about $295 million from its platform on Solana. It is also shifting its settlement system from USDC to USDT as part of the relaunch.

U.S. prosecutors have rejected Roman Storm’s latest attempt to dismiss criminal charges, setting up a high-stakes retrial battle centered on a pivotal question: can a Supreme Court ruling on internet platforms shield a crypto developer from liability?

2026 has not been a good year for crypto companies as more and more projects are finding it harder and harder to make ends meet.

Circle has unveiled cirBTC, a fully on-chain verified wrapped Bitcoin token backed 1:1 by native BTC reserves

What first looked like a prank turned into one of the biggest DeFi disasters of 2026 after Drift Protocol warned users not to deposit funds—confirming a massive exploit that drained up to $270 million from its platform.

Cardano founder Charles Hoskinson warned that the U.S. CLARITY Act could take years to implement and may favour established cryptocurrencies while making it harder for new projects to grow.

DeFi giant Aave has officially deployed on OKX’s Ethereum Layer-2 network X Layer, giving wallet users seamless access to lending, borrowing, and compounding yield without bridging or extra setup. This marks X Layer’s largest protocol integration yet, underscoring the L2’s growing role in the Ethereum scaling race.

A U.S. court dismissed Michael Lewellen’s lawsuit seeking legal protection for his non-custodial crypto software, Pharos, from money transmitter laws. The judge said Lewellen had not shown a real threat of prosecution, leaving the case open to be filed again in the future.

Resolv Labs has paused its protocol after an exploit allowed an attacker to mint 80 million unbacked USR tokens, sending its dollar-pegged stablecoin into a sharp depeg and reigniting concerns over systemic risks in decentralized finance.

Twenty-one leading crypto organizations are calling on U.S. universities to integrate decentralized finance (DeFi) into their curricula, warning that Wall Street’s appetite for crypto-savvy professionals is about to explode.