BaseBros Fi Vanishes: DeFi Protocol Deletes Website, Social Media

BaseBros Fi, a DeFi yield optimization protocol on Base, has abruptly vanished, deleting its website and social media and exploiting an unaudited smart contract to drain users’ funds, estimated at around $130,000, through Tornado Cash.
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US Rate Cuts Expected to Boost DeFi Yields, Bernstein Predicts

As U.S. Federal Reserve rate cuts are anticipated, analysts from Bernstein predict a resurgence in DeFi yields, particularly on Ethereum, with potential cuts of 25 to 50 basis points likely to attract renewed interest in DeFi and crypto credit markets, despite the fading excitement from the 2020 “DeFi summer.”
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FBI Confirms: Binance Founder CZ to Be Released Next Week

The FBI has confirmed that Binance founder Changpeng Zhao, known as CZ, will be released from prison on September 29, 2024, marking a significant moment for both Binance and the cryptocurrency industry amid widespread anticipation on social media.
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