DeFi Lending Protocol Term Finance Loses $8.5M to Governance Exploit
DeFi lending protocol Term Finance suffered a governance exploit, losing an estimated $8.5 million, exposing vulnerabilities in on-chain governance mechanisms.
DeFi lending protocol Term Finance suffered a governance exploit, losing an estimated $8.5 million, exposing vulnerabilities in on-chain governance mechanisms.
[Brief] Grayscale has filed a Worldcoin ETF application with the US Securities and Exchange Commission. If approved, it would be the first exchange-traded fund based on a biometric identity protocol. Worldcoin, co-founded by OpenAI’s Sam Altman, distributes tokens via iris scanning. The project has faced privacy concerns in multiple countries. Editor: GoodInfo Global News Team
Core Summary U.S. spot Bitcoin exchange-traded funds have surpassed $2 trillion in cumulative trading volume, marking crypto assets’ formal entry into mainstream finance. Despite this milestone, recent weeks have seen significant net outflows, suggesting investor sentiment is undergoing adjustment. Event Details Data shows BlackRock’s IBIT fund dominates with a 73.7% market share by trading volume, demonstrating the absolute advantage of traditional financial giants in the crypto ETF space. This milestone indicates that since the SEC approved the first spot Bitcoin ETFs in January 2024, institutional participation has reached unprecedented levels. ...
Wall Street analysts are increasingly valuing crypto firms as infrastructure, AI, and capital market platforms rather than purely speculative assets.