Decentralized Exchange (DEX)

North Korea-linked hackers stole $3.2 million in crypto from Solana wallets and moved the funds to Ethereum. They laundered nearly $2 million using Tornado Cash, with over $1 million still sitting in an Ethereum wallet.

Cryptocurrency wallets are entering a transformative phase as Edwin, a decentralized finance and AI (DeFAI) interface layer, launches its AI terminal—an innovative platform that integrates artificial intelligence chatbot functionality directly with users’ wallets.

Mastercard and Chainlink have teamed up to let over 3 billion cardholders buy crypto directly on-chain using their bank cards. The system is already live and involves several partners to handle payments, compliance, and crypto swaps.

The group infiltrated Nobitex’s internal systems and instead of pocketing the stolen funds to thier own crypto wallets, the hackers sent them to a burner addresses with no private key access, effectively locking the digital asset away with no way of making them retrievable.

BSC has seen renewed sandwich attacks affecting 120,000+ DEX traders over two weeks. Still, volume remains steady as it leads in DEX activity and surpasses Solana in meme coin trading.

Bybit is launching Byreal, a new decentralised trading platform on Solana, with a testnet set for 30 June and mainnet in Q3 2025. It aims to combine the speed and liquidity of a centralised exchange with the fairness and openness of DeFi, using hybrid features like RFQ and CLMM routing.

Cork Protocol lost over $12 million in wstETH from a malicious smart contract exploit. In response, Cork shut down all contracts. The incident underscores ongoing smart contract risks in crypto, with 2025 seeing a surge in damaging exploits.

Hackers stole around $223 million from the Cetus decentralised exchange by using fake tokens to trick its system. Validators on the Sui blockchain have managed to freeze $162 million of the stolen funds.

Solana has maintained its position as the leading Layer 1 blockchain by decentralized exchange (DEX) volume for five consecutive days—highlighting its accelerating momentum and rising influence in the crypto ecosystem.

A major outage at Amazon Web Services (AWS) jolted the crypto industry on April 15, disrupting operations at leading centralized exchanges such as Binance, KuCoin, as well as several prominent wallet providers.