Author: Sophia Brown
Funds were split between two wallets holding $3.3 million and $880,000. The exploit involved MEV-linked addresses and preemptive transaction timing. MakinaFi has not released a technical statement or mitigation plan. A major crypto breach has struck MakinaFi, draining millions in Ethereum from the decentralised finance platform. The incident resulted in the loss of 1,299 ETH, valued at roughly $4.13 million at the time of the attack. PeckShieldAlert flagged the theft on X, where it traced the movement of the stolen assets across Ethereum wallets. The breach quickly gained traction online as blockchain analysts and on-chain trackers pieced together the flow…
Swap wETH to Mantle’s mETH from major chains in under 60 seconds. No traditional bridges, slippage, or complex onboarding steps required. Netting + rebalancing cuts liquidity fragmentation and operational costs. The blockchain industry’s liquidity fragmentation problem has a new solution. Everclear, the interoperability protocol formerly known as Connext, has launched cross-chain asset settlement on Mantle Network. The partnership will allow users to convert wrapped Ethereum (wETH) from major chains including Ethereum, Arbitrum, Base, and Polygon directly into Mantle’s mETH token in under 60 seconds. The integration bypasses traditional bridging entirely, marking a significant infrastructure breakthrough for decentralized finance adoption. The…
CCA runs fully on-chain auctions that clear bids block by block for gradual price discovery. After auctions end, liquidity is automatically added to a Uniswap v4 pool at the final cleared price. The model aims to reduce sniping, front-running, and bundled transactions during token launches. Uniswap has rolled out its Continuous Clearing Auctions (CCA) feature on Base, giving developers a new way to launch tokens fully on-chain with built-in price discovery and automatic liquidity setup. The decentralised exchange confirmed the rollout on Jan. 22, with the CCA framework now available to builders using Uniswap v4 on the Base network. The…