Morpho Association raised $175 million on June 9 in one of the largest funding rounds in DeFi history, at a $2 billion valuation. The round was co-led by Paradigm, a16z crypto, and Ribbit Capital. But the names that matter most…
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$50 Million Lost in a Single Crypto Swap. No Hack. No Fraud. One DeFi Warning Ignored
3 Key Facts On March 12, 2026, wallet 0x98b…7ac8 used the Aave interface to swap $50,432,688 in aEthUSDT and received just 327 aEthAAVE worth $36,297 — a 99.93% loss. The trade routed through CoW Protocol into a SushiSwap pool containing…