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Tag

synthetic assets

2 articles

Neutrl Halts NUSD Minting Over Undisclosed Reserve Issue
DeFi & On-Chain10d ago
Neutrl Halts NUSD Minting Over Undisclosed Reserve Issue
The DeFi protocol suspended all NUSD functions and paused other operations on legal advice, with the cause and scale of any impairment remaining unclear.
Metronome DAO Discloses $15.7M Synthetic Shortfall From Oracle Lag Exploit
DeFi & On-Chain43d ago
Metronome DAO Discloses $15.7M Synthetic Shortfall From Oracle Lag Exploit
Bots exploited stale price feeds in Metronome's swap module for months, minting unbacked msETH and msUSD and leaving a $15.7 million collateral gap.