DeFi
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MetaMask Introduces Yield-Bearing Money Account on Monad Blockchain
MetaMask has introduced Money Account, a new feature that integrates stablecoin yield, payments, and trading directly into its self-custody wallet. This initiative offers users a variable APY of up to 4% through DeFi lending protocols and allows direct spending via the MetaMask Card. The launch signifies a strategic move to transform digital wallets into comprehensive financial applications, expanding MetaMask's functionalities beyond traditional crypto holding and trading.
2 hours ago -
Ostium Decentralized Exchange Suffers $18 Million Oracle Exploit
Decentralized perpetuals exchange Ostium lost approximately $18 million in USDC due to an oracle exploit, compromising nearly one-third of its liquidity. Attackers manipulated price feeds using a compromised oracle signer key, prompting Ostium to pause trading and initiate an investigation.
5 hours ago