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Across Relayer Breach, ETH Macro Drop & Aave v4 Avalanche Launch
Audio is available on Spreaker — see link below.
Across Protocol's first-ever security breach exposed a relayer, not users — here's why the design held. Plus ETH slides on geopolitical macro pressure while Aave v4 goes multichain on Avalanche.
Audio is available on Spreaker — see link below.
The first security breach in Across Protocol's five-year history just played out on Solana, and the detail that matters most is this: user funds were never touched. The Risk Labs relayer lost capital.
The Across incident doesn't sit in isolation. This is the second major breach on Solana in roughly ninety days.
Ethereum dropped between two and four percent over the past twenty-four hours, trading down to one thousand eight hundred thirty-three dollars. The proximate causes are macro, not on-chain.
Away from the macro pressure, Aave deployed its first non-Ethereum market with the launch of Aave v4 on Avalanche. The architecture here is a meaningful change.
Three things to watch from here. First, the Across post-mortem.
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