The rise in onchain phishing scams highlights the urgent need for enhanced security measures and user education in decentralized finance.
The post Trader loses $1M to onchain scammers via phishing token approval appeared first on Crypto Briefing.
The post RWA news: A DEX trader holds $1 million EUR/USD bullish bet for 400 Days appeared on BitcoinEthereumNews.com.
The term “HODLing,” crypto slang for buying and holding an asset for a long time, has historically been associated almost exclusively with bitcoin BTC$62,946.60 and ether (ETH). One trader has now applied the same long-term approach to perpetual futures tied to the euro-dollar pair (EUR/USD) listed on the decentralized exchange (DEX) Ostium, which is powered by Nasdaq data. A trader has held a long position in EUR/USD worth $1,139,490 for 400 days, Ostrium said on Tuesday. The bullish bet, expecting the euro to strengthen against the U.S. dollar, was opened around early June 2025. EUR/USD traded above 1.14 as of this writing, largely unchanged from where it was in June last year, but it did rise as high as 1.2082 in January this year. Onchain FX trading offered by platforms such as Ostium, Gains Network, Synthetix, GMX, and others remains a very tiny fraction of the gl
The post Uniswap Permit2 Phishing: $1 Million Loss Highlights Risk appeared on BitcoinEthereumNews.com.
One trader is out roughly $1 million after a phishing attack turned Uniswap’s own convenience feature against them. No protocol was hacked. No vulnerability was exploited in the traditional sense. The trader simply signed a message they shouldn’t have — and that was enough. Key takeaways A trader lost approximately $1 million after being tricked into signing a malicious Uniswap Permit2 message, granting attackers full wallet access. A separate victim lost $196,000 in a similar attack involving the $VIRTUAL token. Approval phishing has generated over $1 billion in reported losses since 2021 and shows no sign of slowing. Chainalysis reported $14 billion in total onchain scam losses in 2025, up from $12 billion in 2024; CertiK logged $370 million from phishing alone in January 2026. Tools like Revoke.cash let users audit and cancel token approvals, including Permit2 permissions — one of
The post Zapper CEO Announces Orderly Wind Down After 7-Years appeared on BitcoinEthereumNews.com.
Zapper will shut down completely on August 3, ending its run as a portfolio tracker in decentralized finance (DeFi). Co-founder and CEO Seb Audet announced the decision on X, saying the team weighed several options before concluding that a controlled wind-down made the most sense. Zapper to Close Website, Apps, and API Services on August 3 The CEO said that at its peak, the platform served more than 2 million monthly active users and processed over $13 billion in transaction volume. The project also drew heavyweight backing in its early years. According to CryptoRank data, Zapper raised $16.5 million across two rounds, both led by Framework Ventures. The Series A closed in 2021, raising $15 million with participation from Sound Ventures and Mark Cuban. The earlier seed round landed $1.5 million in 2020, backed by Coinbase Ventures, CoinFund, CoinGecko Ventures, and more. Audet framed th
Robinhood Chain's rapid growth highlights potential for decentralized finance expansion, but regulatory risks and TVL concentration pose challenges.
The post Robinhood Chain hits $500M in 24-hour volume on Uniswap, trailing only Ethereum mainnet appeared first on Crypto Briefing.
The post DeFi Dashboard Zapper to Shut Down After 7 Years appeared on BitcoinEthereumNews.com.
Decentralized finance (DeFi) analytics platform Zapper announced it will shut down next month, becoming the latest crypto platform to fold amid a market downturn. In a post to X on Wednesday, Zapper CEO Seb Audet said Zapper’s website, mobile app and API services would shut down on Aug. 3, marking the end of a seven-year run after receiving backing from the likes of billionaire investor Mark Cuban in 2021. “We evaluated a number of different options, pursued some to the fullest extent possible, and came to the realization that an orderly wind down is the best course of action,” Audet said. While Zapper didn’t share the reasons behind its decision to shut down, Audet hinted in a response that the shutdown was due to falling demand, stating: “At the end of the day, the market decides.” Cointelegraph reached out for comment but didn’t receive an immediate response. Source: Zapper Zapper adds to
The post Injective (INJ)Unveils Redesigned Website Ahead of Major Summit appeared on BitcoinEthereumNews.com.
Jessie A Ellis
Jul 08, 2026 15:18
Injective (INJ)launches a new website showcasing its role in the on-chain economy, aligning with its July 16 Summit and ongoing blockchain innovations.
Injective (INJ), the Layer-1 blockchain optimized for decentralized finance (DeFi), has launched a revamped website to reflect its expanding vision and ecosystem. The redesign arrives just days before the Injective Summit on July 16, which promises further announcements and product launches. The new injective.com focuses on positioning Injective as the blockchain for the “new internet economy,” where assets, markets, and participants—including users, institutions, and AI agents—interact seamlessly on-chain. The website emphasizes Injective’s capabilities, including tokenization of real-world assets (RWAs), programmable derivatives, and institutional-grade infrastructure. Key up
The surge in tokenized stock transfers highlights a shift towards decentralized finance, potentially democratizing global access to equity markets.
The post Tokenized stock transfers surge 105% in a month to $8B appeared first on Crypto Briefing.
