Author

Ada Michael

@ada-michael · 1918 live articles · Page 7

Ada Michael is a DeFi writer and research contributor at DefiLiban, where she covers decentralized finance, blockchain infrastructure, token economies, and crypto market behavior. Her work focuses on breaking down complex DeFi systems, liquidity mechanics, yield strategies, on-chain analytics, and emerging blockchain trends into accessible research-driven content for both retail and experienced crypto readers. Before joining DefiLiban, Ada worked across crypto research, fintech content strategy, and blockchain education initiatives related to digital assets and decentralized technologies. She holds a B.Sc. in Economics from the University of Lagos and has completed additional certifications in DeFi, blockchain analytics, and financial storytelling. Ada’s writing combines analytical depth with practical market insight, with a particular interest in DeFi adoption, protocol design, and behavioral trends within digital asset markets.

Risk

Term Finance Loses Estimated $8.5M in Governance Exploit

DeFi lending protocol Term Finance lost an estimated $8. 5 million in a governance exploit, an incident that turns a project's own control layer into the attack surface and puts immediate pressure on user funds and protocol trust.

Aug 23·3 min read·By Ada Michael

Risk

Sandbox halts Base and BNB Chain bridging after exploit

The Sandbox has halted bridging of its SAND token on Base and BNB Chain following an exploit, pulling the cross-chain routes offline as an immediate containment measure. The Sandbox Base and BNB Chain bridge exploit interrupts asset movement between the two networks while the team investigates.

Aug 22·2 min read·By Ada Michael

Infrastructure

MANTRA Halts Chain After Cosmos EVM Module Issue

MANTRA halted its blockchain after identifying an issue tied to the Cosmos EVM module, pausing block production while the team investigated the fault at the network's execution layer. The MANTRA chain halt was disclosed as an infrastructure incident, with the Cosmos EVM component named as the cited cause.

Aug 21·3 min read·By Ada Michael

Yield

Ripple backs RLUSD credit fund as stablecoin yield expands

Ripple has backed an RLUSD credit fund, extending its dollar-pegged stablecoin beyond payments and settlement into an income-generating credit strategy. The move surfaced alongside one of XRP's strongest weeks in months, signaling a new yield-oriented use case for the RLUSD stablecoin.

Aug 21·2 min read·By Ada Michael

Protocols

Optimism Redirects $49.7M in Airdrop Reserves After Governance Vote

Optimism has redirected $49. 7 million in airdrop reserves toward a new strategic fund following a governance vote, moving a pool of OP tokens that had been earmarked for user distribution into protocol-controlled ecosystem spending.

Aug 20·2 min read·By Ada Michael

Risk

AI Agents Could Make Billion-Dollar Crypto Hacks Look Like 'Pennies,' Industry Leaders Warn

Industry leaders are warning that AI agents could push crypto exploit losses far beyond today's benchmarks, making the sector's current billion-dollar hacks look like "pennies" as automated attackers lower the cost and raise the scale of on-chain theft.

Aug 20·3 min read·By Ada Michael

Risk

Maya Protocol Exploit Drains $1.7M From Shared Liquidity

Maya Protocol suffered an exploit that drained roughly $1. 7 million from its shared liquidity, a protocol-level security event that put pooled user capital, rather than a single wallet, directly at risk.

Aug 19·2 min read·By Ada Michael

News

Ethena Diversifies USDe Backing With $1 Billion FalconX Facility

The arrangement centers on a $1 billion facility tied to FalconX that Ethena is using to broaden the collateral supporting USDe. For related coverage, see Crypto Market Faces $19 Billion Liquidation on October 11 .

Aug 19·2 min read·By Ada Michael

Protocols

Deribit to Launch Stock and ETF Perpetual Contracts on August 31

The exchange is identified as a Coinbase derivatives platform. Deribit's own documentation describes a framework for real-world-asset perpetual contracts , the product category the stock and ETF perpetuals fall under.

Aug 19·2 min read·By Ada Michael

Risk

Harmony Rollback Plan After Token Forgery Exploit

Harmony Protocol is weighing a network rollback after a token forgery exploit, a move that would undo confirmed chain history and has reopened the debate over whether blockchain immutability holds up under emergency conditions.

Aug 19·3 min read·By Ada Michael

Liquidity

Robinhood Chain TVL Rises 45% in August as Tokenized RWAs Lose Ground

Robinhood Chain TVL rose roughly 45% in August, marking a notable increase in the capital committed to the network even as tokenized real-world assets (RWAs) lost relative ground over the same stretch.

Aug 17·2 min read·By Ada Michael

Protocols

Printr Ends Launchpad Operations, Cancels Token Launch and Airdrop

Printr is winding down its launchpad operations and canceling both its planned token launch and airdrop, ending the token distribution path its community had been anticipating. The move closes out the launchpad's core roadmap before any Printr launchpad operations reached a token generation event.

Aug 17·2 min read·By Ada Michael