5 stories mentioning it. Newest first.
ADA still climbed 8% on a Cardano hard-fork tailwind while NIGHT slid 30% to a record low after an attacker exploited Wanchain's Cardano-to-BNB bridge, with seven exchanges now freezing…
The network halt is the headline. The signal is the attack shape: a thin-liquidity governance token pumped 100x in 20 minutes, then used as collateral. Same mechanic as the 2022 Mango Markets exploit.
A 27% wick on a HIP-3-listed Korean stock perp exposed the liquidity fragility of permissionless listing: any staker can launch a market, but depth on entry is anything but guaranteed.
The collapse is a textbook case of thin-book fragility: one large sell order drained a market that had done $4.87M in volume over 24 hours, and 405 leveraged retail positions — median margin $31 —…
Terra's UST stablecoin and LUNA token erased $60 billion in days. Here is how an algorithmic stablecoin death-spiralled, and what it taught crypto.
CryptoSlate
TheBlock
CoinDesk