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[bitcoinscien]

Saga Chain Grinds to a Halt: $7 Million DeFi Hack Exposes Layer-1 Fragility

Saga promised infinite scaling. What it delivered was a hard stop.

A $7M oracle exploit froze the Layer-1 itself—blocks halted, funds locked, trust shaken. Chainlets were meant to isolate risk. Instead, one bad feed cascaded across the base layer.

This wasn’t a dApp failure. It was an L1 reality check: speed, composability, and weak oracle design don’t mix. In crypto, decentralization only matters if the chain keeps running.

[bitcoinscien]

DeFi Token BIFI Skyrockets Over 200% on Christmas, Reviving Yield-Farming Euphoria

Christmas brought more than holiday cheer to crypto this year.

While markets were quiet, BIFI, one of DeFi’s original yield tokens, exploded over 200% in a single day. No hype launch, no viral campaign. Just real yield, rising TVL, protocol upgrades, and thin holiday liquidity doing what they do best.

It felt less like a pump and more like a reminder:

The DeFi protocols that survived, shipped, and continued to generate fees never really disappeared.

Sometimes the market just remembers.