Wormhole and other blockchains, has been exploited - with 120,000 Ethereum (ETH) worth around $325 million Portal, a DeFi bridge between Solana stolen. This makes it the fourth largest crypto theft of all time, and the second biggest from a DeFi service.

A large drop in the price of ether (ETH) is testing the feasibility of Ethereum's entire system of lending and borrowing. MakerDAO is the largest and most important application in Ethereum's decentralized finance (DeFi) ecosystem. Right now, it faces an emergency shutdown with $4 million of its dollar-pegged dai stablecoin not backed by an underlying crypto asset, according to a stakeholder call held Thursday.