Muyao Shen

Drift, a decentralized finance project built on the Solana blockchain, has been hit by a major exploit that drained nearly $300 million in digital assets from the protocol, according to cybersecurity and data analytics firms.

Big names in crypto, payments and cloud infrastructure are racing to build the financial plumbing for a world in which AI agents — not humans — handle transactions on the internet.

Drift, a decentralised finance project built on the Solana blockchain, was hit by a hack that drained nearly US$300mil (RM1.21bil) in digital assets

Big names in crypto, payments and cloud infrastructure are racing to build the financial plumbing for a world in which AI agents — not humans — handle transactions on the internet.

Decentralized finance, once among the most dynamic corners of the digital-asset industry, is under pressure from almost every direction.

(Bloomberg) -- Decentralized finance, once among the most dynamic corners of the digital-asset industry, is under pressure from almost every direction.

Under pressure from almost every direction. By Muyao Shen, Bloomberg ·

Hyperliquid, the decentralized crypto exchange that has emerged as one of the most active trading venues in digital assets, is proposing to add prediction markets to its platform — a direct challenge to Kalshi and Polymarket as the fast-growing sector draws new competitors.

A Hyperliquid, exchange descentralizada de criptomoedas que emergiu como um dos ambientes de negociação mais movimentados em ativos digitais, propõe adicionar mercados de previsão à sua plataforma — um desafio direto a Kalshi e Polymarket, diante de um setor em rápida expansão e que atrai novos concorrentes.

From airdrops to zombies, here’s a modest guide to the terms and jargon that separate the normies from the true believers.