#DeFi
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Stablecoin market cap tops $300B as crypto rebounds
The combined value of dollar‑pegged tokens has climbed past $300 billion for the first time, according to DefiLlama’s real‑time dashboard. It’s a fresh all‑time high for an asset class that powers trading, payments and DeFi plumbing, and a sign of renewed capital flowing into crypto rails. 
Chainalysis CEO warns DeFi sector faces major security risks
Chainalysis CEO Jonathan Levin warned about rising security risks in decentralized finance (DeFi). In an interview with the Financial Times, Levin said DeFi platforms are increasingly exposed to cyberattacks as rapid growth outpaces basic security practices. 
Crypto execs meet U.S. senators as market structure bill stalls
Executives from firms such as Coinbase Global Inc. and Chainlink Labs joined senators, including Tim Scott, Kirsten Gillibrand and Chuck Schumer, to explore how the U.S. should classify digital assets, regulate DeFi platforms and divide oversight between the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC). 
Hypervault vanishes as $3.6M funnels to Tornado Cash – PeckShield
Blockchain security firm PeckShield says roughly $3.6 million was drained from DeFi protocol Hypervault and routed through Tornado Cash after being bridged from Hyperliquid to Ethereum and swapped into ETH. Soon after the alert, Hypervault’s website and X account went dark, intensifying concerns of an exit scam. 
Crypto hacks in August drain $163M as exploits surge 15%
Crypto hacks surged again in August, with attackers stealing $163M across 30 incidents. While centralized services bore the brunt, DeFi platforms also lost funds. The Lazarus Group was linked to several exploits, underscoring rising risks for Web3 security. 