Hackers Drain About $6 Million From Summer.fi in DeFi Exploit
Summer.fi was reportedly exploited for around $6 million, with the LazyVault_LowerRisk_USDC vault identified as the main target. The SUMR token fell 5.3 percent over 24 hours.
Summer.fi was reportedly exploited for around $6 million, with the LazyVault_LowerRisk_USDC vault identified as the main target. The SUMR token fell 5.3 percent over 24 hours.
The IMF states that unresolved questions around ownership and settlement are limiting tokenized assets. Around 60 billion dollars in assets remain fragmented across regulatory regimes.
Circle shares dropped nearly 15% after Open Standard unveiled Open USD, a consortium-backed stablecoin targeting USDC’s enterprise user base and reserve revenue model.
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CertiK hosted a security workshop in Turkey with TÜBİTAK BİLGEM, focusing on CASP regulation, custody standards and the 2026 Web3 threat landscape.
The EU MiCA transitional period ends on July 1, 2026. Only 14 licensed platforms are authorized to continue crypto trading across the EEA.