What is the Definition of Contract?

A 'Contract' is a set of rules and code that automatically executes when predefined conditions are met. In blockchain technology, these are known as smart contracts, enabling automated agreements without intermediaries. They are foundational to decentralized applications.

What is the Context of Contract?

The development and security of 'Contracts' are paramount in the decentralized application ecosystem. News often focuses on new contract deployments, audits, and vulnerabilities discovered in existing smart contract code, impacting user funds and platform integrity.

Contract ∞ News ∞ Feed 1

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∞Protocols

∞Smart Contract

∞Blockchain

Formalizing Maximal Extractable Value for Blockchain Security Proofs

This research establishes a formal theory of Maximal Extractable Value (MEV) through an abstract blockchain model, enabling rigorous security proofs against economic attacks.

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∞Exploit

∞Ethereum

∞Contract

Multi-Sig Wallet Compromised by Sophisticated Phishing Attack

Attackers bypassed security through a meticulously crafted fake contract, enabling illicit fund transfers.

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∞Zero-Day Vulnerabilities

∞Properties

∞Large Language Models

LLMs Automate Smart Contract Formal Verification Property Generation

A novel system leverages large language models and retrieval-augmented generation to automate smart contract property creation, enhancing security and accessibility.

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∞Ecosystem Risk

∞DeFi Exploit

∞Cross-Chain Risk

Shibarium Bridge Compromised by Flash Loan and Validator Key Exploit

A critical vulnerability in Shibarium's validator key management allowed a flash loan attack to drain $2.4 million, exposing systemic bridge risks.

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∞Miner Extractable Value

∞Smart Contract Vulnerabilities

∞Security

Formalizing Maximal Extractable Value for Robust Blockchain Security

This research establishes a rigorous theoretical framework for Maximal Extractable Value (MEV), enabling systematic analysis and the development of provably secure blockchain protocols.

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∞Assets

∞Security Incident

∞Flash Loan Attack

Shibarium Bridge Drained by Flash Loan and Validator Key Exploit

A sophisticated flash loan attack exploited Shibarium's validator key management, compromising network consensus and enabling significant asset exfiltration.

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∞Policy

∞Spot Crypto Trading

∞Products

SEC and CFTC Clarify Spot Crypto Trading for Regulated Exchanges

The joint regulatory clarification enables federally registered exchanges to integrate spot crypto markets, fundamentally altering US digital asset market structure.

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∞Emergency Governance

∞Contract

∞Fund Recovery

Venus Protocol Recovers $13.5 Million from Lazarus Group Phishing Attack

A targeted phishing exploit against a high-value user's delegated account control enabled asset drain, underscoring critical off-chain vulnerability.

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∞Token

∞Security

∞Protocol

ALEX Protocol Suffers $8.3 Million Exploit via Self-Listing Logic Vulnerability

A critical flaw in self-listing verification logic enabled malicious token manipulation, bypassing controls to drain liquidity pools.

A faceted, transparent crystalline structure encases a smooth, vibrant blue form, symbolizing a robust blockchain architecture. This DLT framework provides auditability and verifiable transactions, securely encapsulating a core digital asset or a liquidity pool. The geometric facets represent cryptographic primitives and smart contract logic, ensuring data integrity and the value proposition of the native token within a decentralized finance protocol. This design highlights the secure interoperability of the ecosystem.

∞Asset

∞Gold

∞DeFi Ecosystem

New Gold Protocol Suffers $2 Million Price Oracle Manipulation Exploit

A critical vulnerability in NGP's single-source price oracle allowed flash loan manipulation, enabling the illicit draining of $2 million and an 88% token value collapse.

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∞vUSD

∞Liquidation Logic

∞Contract

Onyx Protocol NFT Liquidation Contract Exploited, Draining $3.8 Million

A critical flaw in Onyx Protocol's NFT liquidation contract enabled vUSD stablecoin draining, highlighting risks in complex DeFi contract interactions.

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∞Token

∞Financial Impact

∞Layer-2 Security

Shibarium Bridge Compromised via Flash Loan and Validator Key Exploit

A critical vulnerability in Shibarium's cross-chain bridge allowed an attacker to manipulate governance tokens and seize validator control, leading to a multi-million dollar asset drain.

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∞MEV

∞Adversarial Models

∞Model

Formalizing Maximal Extractable Value for Provable Blockchain Security

This research establishes a rigorous, abstract model of MEV to enable formal security proofs against economic attacks in decentralized systems.

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∞Financial Impact

∞DeFi Exploit

∞Financial Loss

Onyx Protocol Suffers $3.8 Million Exploit via NFT Liquidation Contract

A critical flaw in Onyx Protocol's NFT liquidation contract enabled an attacker to drain $3.8 million, compromising stablecoin peg integrity.

∞Cross-Chain

∞Digital Assets

∞Governance Token

Shibarium Bridge Compromised by Flash Loan and Validator Key Manipulation

A critical vulnerability in Shibarium's validator consensus, leveraged by a flash loan, enabled unauthorized asset exfiltration, posing systemic risk to cross-chain bridges.

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∞Decentralized

∞Verification

∞Program Correctness

Formal Verification Secures Stellar DeFi Lending Protocols

A novel formal verification tool, Certora Sunbeam Prover, mathematically guarantees the integrity of Stellar-based DeFi smart contracts, preventing catastrophic financial exploits.

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∞BNB Chain

∞Crypto Rally

∞Exchange Token

BNB Reaches New All-Time High, Surpassing $1,080

BNB has achieved a new record high, pushing its market capitalization past major global companies and signaling robust investor confidence.

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∞DeFi Exploit

∞On-Chain Forensics

∞Asset Drain

New Gold Protocol Drained by Flash Loan Oracle Manipulation

Single-source oracle reliance in DeFi protocols creates critical price manipulation vectors, exposing users to immediate asset devaluation and loss.

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∞Smart Contract Vulnerability

∞Financial Loss

∞Crypto Assets

Nemo Protocol Suffers $2.6 Million Exploit Due to Unaudited Code

A critical lapse in code review and governance allowed a developer to deploy unaudited smart contracts, creating an exploitable vector for significant asset drain.

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∞Cryptographic Commitment

∞Private Computation

∞Properties

Zero-Knowledge Mechanisms: Commitment without Disclosure

A novel framework leverages zero-knowledge proofs to enable verifiable, private execution of economic mechanisms without revealing their underlying rules or requiring trusted intermediaries.

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∞Securities Regulation

∞Exchange-Traded Products

∞Generic Listing

SEC Approves Generic Digital Asset ETP Listing Standards

This SEC action streamlines digital asset ETP listings, mandating compliance frameworks adapt to new operational efficiencies and enhanced investor protections.

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∞Digital Asset

∞Oracle Manipulation

∞Contract

OWASP Identifies Top 10 Smart Contract Vulnerabilities for 2025

The OWASP Smart Contract Top 10 for 2025 highlights persistent architectural flaws, posing systemic risk to decentralized finance protocols and user assets.

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∞Smart Contract

∞Token

∞DeFi

Bedrock uniBTC Minting Logic Flaw Drains $2 Million in DeFi Exploit

A critical logic flaw in the uniBTC minting mechanism allowed attackers to exploit disparate asset valuations, leading to a significant capital drain.

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∞Blockchain

∞Fund Drain

∞Smart Contract

Nemo Protocol Suffers $2.59 Million Exploit Due to Unaudited Code

A critical vulnerability stemming from unaudited code and single-signature deployment enabled a $2.59 million state manipulation attack on the Sui-based Nemo Protocol.

∞Multi-Signature Vulnerability

∞Protocols

∞Financial Impact

UXLINK Multi-Signature Wallet Compromised, $11.3 Million Drained, Tokens Minted

A `delegateCall` vulnerability in UXLINK's multi-signature wallet enabled unauthorized administrative control, leading to asset exfiltration and arbitrary token minting, underscoring critical smart contract design and access control failures.

∞Reimbursement Plan

∞Financial

∞Risk Mitigation

Bedrock uniBTC Suffers $2 Million Exploit via Faulty Minting Logic

A critical minting logic flaw allowed attackers to exploit disparate asset valuations, compromising Bedrock's uniBTC collateral.

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∞Ethereum

∞Phishing Attack

∞Wallet

UXLINK Exploiter Loses $48 Million to Sophisticated Phishing Attack

A malicious `increaseAllowance` signature allowed a phishing group to drain $48 million from a prior UXLINK exploiter, underscoring persistent social engineering risks.

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∞Liquidity

∞Staked ETH

∞Financial

Bedrock uniBTC Minting Logic Flaw Drains $2 Million

A critical minting logic vulnerability in Bedrock's uniBTC token allowed attackers to exploit a price discrepancy, leading to a $2 million loss.

A luminous, translucent blue substance, densely textured with interconnected bubbles, is precisely contained within a sleek, metallic and dark blue mechanical apparatus. This intricate system evokes a secure environment for a dynamic decentralized finance DeFi protocol, perhaps visualizing liquidity pool operations or smart contract execution. The effervescent state suggests active on-chain data processing or the distributed nature of validator nodes. The robust enclosure signifies cryptographic security and the integrity of a distributed ledger technology DLT, ensuring immutable transaction finality within a complex tokenomics framework.

∞Liquidation Contract

∞On-Chain Attack

∞Exploit

Onyx Protocol NFT Liquidation Contract Exploited, $3.8 Million Drained

A critical vulnerability within Onyx Protocol's NFT Liquidation contract allowed an attacker to drain $3.8 million in vUSD stablecoins.

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∞Collateral Bypass

∞Flash Loan

∞DeFi Security

Resupply Lending Protocol Exploited via ERC4626 Vault Exchange Rate Manipulation

A critical flaw in a newly deployed ERC4626 vault's exchange rate calculation allowed an attacker to drain $9.8 million by manipulating perceived collateral value.