BitcoinEthereumNews·
The post Huma Finance exploit Polygon: $101,000 loss from V1 pools appeared on BitcoinEthereumNews.com. A Huma Finance exploit Polygon incident has put a familiar DeFi problem back in the spotlight: old contracts can stay dangerous long after a protocol has moved on. Huma Finance said roughly $101,000 was drained from its deprecated V1 BaseCreditPool contracts on Polygon on May 11, but user deposits were not affected. The attacker pulled out 82,316 USDC and 19,075 USDC.e through unauthorized drawdowns, according to the protocol’s disclosure. Just as important for users, Huma said the losses were limited to pool owner fees and protocol fees, not customer funds. That distinction matters. In crypto, the words “exploit” and “drained” can quickly trigger fears of wider contagion. Here, Huma drew a sharp line between the older Polygon-based system that was hit and the parts of the project still running normally, including PayFi Strategy Token (PST) and Huma’s V2 deployment on Solana. Huma Fi
Read full articleThe Graph has activated x402 payments inside its Graph Gateway, allowing developers and AI agents to purchase on-chain data queries on a pay-per-request basis using USDC, according to an announcement from the project’s official X account. The team said that “Graph Gateway…
WLFI team wallets burned 100M tokens worth $6.68M as part of a Lockbox unlock, a cosmetic squeeze against a looming 62B‑token overhang and choppy price outlook. Team-linked wallets for World Liberty Financial (WLFI), the DeFi project associated with the Trump…
Bermuda is moving government payments onto Stellar, piloting USDC‑based rails with Circle and Coinbase as it chases a fully on‑chain national economy and cheaper cross‑border flows. The government of Bermuda is moving elements of its public payment infrastructure onto the…
World Liberty Financial shifted $55.57M in WLFI into an unlock contract, then backed off a 62B token unlock as whales and governance backlash force tighter vesting. The team behind World Liberty Financial (WLFI), a DeFi project closely associated with the…
SparkLend's wBTC cap increase could boost DeFi liquidity but heightens systemic risk if Bitcoin prices fall or custodial issues arise. The post SparkLend increases wBTC deposit cap from 3,000 to 30,000 wBTC in aggressive DeFi expansion appeared first on Crypto Briefing.
Gemini, Bitget & Neyro lead agentic AI trading push as market forecast hits $139B by 2034, bringing autonomous agents into crypto & DeFi infrastructure. Agentic AI are systems that do not just classify data but monitor environments, make decisions and…
Learn how the CLARITY Act could reshape U.S. crypto regulation, SEC/CFTC oversight, exchanges, tokens, DeFi, and investor risk.
The post Circle’s Q1 USDC revenue, profit dip; ARC presale wins appeared on BitcoinEthereumNews.com. Homepage > News > Business > Circle’s Q1 USDC revenue, profit fall but ARC token presale a winner USDC stablecoin-issuer Circle (NASDAQ: CRCL) saw its Q1 profits slip but got a major boost from a nine-figure presale of its brand new Layer-1 network token. Figures released Monday show Circle’s total ‘revenue and reserve’ income hitting $694 million in the first three months of 2026, one-fifth higher than the same period last year. However, it’s down from the $770 million reported in Q4 2025 and from $740 million in last year’s Q3. Circle’s revenue primarily comes from interest on the reserve assets backing USDC (mostly U.S. Treasuries), and while USDC’s market cap grew 28% year-on-year during Q1, the average 3.5% return on those T-bills was down by 66 basis points. Reserve income still managed to rise 17% to $653 million, while ‘other’ revenue from subscription & services and transactio
