Oracle terminated an estimated 20,000 to 30,000 employees on March 31 via email, cutting off VPN and Slack access before notifying them. The mass layoff, conducted in the name of AI restructuring, triggered a wave of frustration as workers discovered their severance terms were far less generous than those offered by other major tech companies. […]
Decentralized finance protocols are reevaluating their blockchain oracle providers in the wake of the $293 million Kelp DAO exploit last month, with several major platforms announcing migrations to Chainlink infrastructure. The moves signal a growing preference for established, battle-tested oracle systems, but also raise new questions about the risks of market consolidation. Post-exploit migration wave […]
March 26, 2026 — Global: A critical configuration error in an external risk oracle system triggered approximately $27 million in forced liquidations on the Aave lending protocol this week, according to a post-mortem report published by the platform’s developers. The incident, which affected wrapped staked Ether (wstETH) positions, forced Aave to commit treasury funds to […]
On Tuesday, March 18, 2026, the decentralized finance (DeFi) lending protocol Aave faced a critical technical incident that forced approximately $27 million in liquidations. A configuration error in the external Capo risk-oracle system triggered the mass liquidation of wrapped staked Ether (wstETH) positions. Consequently, the protocol’s decentralized autonomous organization (DAO) announced immediate plans to compensate […]
BANGKOK, Thailand — March 15, 2026: In a decisive technical maneuver, Band Protocol has executed a critical migration of its push-based oracle infrastructure from the Blaze to the Sonic Testnet. The blockchain oracle provider announced the immediate transition today, marking a pivotal phase in its mainnet preparation strategy. Developers integrating Band’s oracle services must update […]
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