Adam Forsyth

Balancer Labs to Shut Down After $128M Exploit — What DeFi Users Must Know

Balancer Labs is ceasing operations permanently. The announcement comes just days after a sophisticated attacker exploited the protocol for approximately $128 million, effectively emptying major liquidity pools on November 3, 2025. This is not a drill—one of Ethereum’s oldest and most respected Automated Market Makers (AMMs) has fallen. The implications are staggering. Balancer was not…

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Delaware leaders unveil stablecoin licensing framework in sweeping banking update

Delaware is pushing a comprehensive overhaul of its banking regulations, with a strong focus on integrating stablecoins and digital assets into its legal framework. According to a recent press release, Sen. Spiros Mantzavinos and Rep. Bill Bush have unveiled three interlocking bills to modernize outdated financial laws, expand regulatory oversight, and enhance consumer protections while…

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Trump drops Iran strike threat after back-channel talks in Riyadh, oil plunges 11.7%

Five days ago, President Trump was publicly threatening to bomb Iranian power plants into rubble. On Sunday, he announced a five-day pause on military strikes, pivoting from escalation to diplomacy faster than most people change their Netflix profiles. The about-face came after closed-door discussions in Riyadh, facilitated by foreign ministers from Pakistan, Egypt, Turkey, and…

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