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Prediction market giant Polymarket is launching a full exchange upgrade, including a new 1:1 USDC-backed stablecoin, Polymarket USD, to enhance control and streamline trading ahead of its significant U.S. market re-entry.
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DeFi lending giant Aave is grappling with significant operational shifts as key risk manager Chaos Labs departs, citing "fundamental misalignment" and the complexities of the upcoming V4 upgrade, raising questions about the protocol's stability and risk oversight.
A crypto attorney suggests the recent $280 million exploit on Solana-based Drift Protocol may qualify as 'civil negligence,' citing alleged failures in basic operational security and due diligence, as investigations point towards North Korean-affiliated threat actors.