Jake Harrison on Muck Rack

Jake Harrison

As seen in: Medium, Fabulous, News.com.au, The Daily Telegraph, Coventry Live, The Advertiser (South Australia), The Mercury (Tasmania), Dialnet - Universidad de La Rioja, Introvert, Dear, Flaunt and
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Articles

AscenDex shutdown: Uncertainty over withdrawals as hot wallets lack funds Original

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By Jake Harrison
| Protos Verified
Crypto exchange AscendEx has announced the cessation of its operations “with effect from 1 July 2026.” In a letter dated July 6, it cited a lack of an EU Markets in Crypto-Assets Regulation (MiCA) licence, “as well as broader regulatory, financial and operational considerations affecting the platform.” However, towards the end of the letter, AscendEx reveals that it “relied on an agreed strategic transaction… and the counterparty did not perform.” The news comes almost two weeks after...
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Single address votes 99.9% to drain BONK treasury of $21M Original

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By Jake Harrison
| Protos Verified
The treasury of Solana-based memecoin project, BONK, has been drained of over $21 million, via a malicious governance proposal. A single address, accounting for 882 billion BONK, voted in favor — just enough to reach quorum. Apparent disinterest from other holders led to just six other voters, and the proposal passed with 99.9% of votes in favor. The proposal, BIP 76, was submitted on June 30 and ostensibly aimed to implement a new “Sowellian” governance model.
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DeFi platform Summer Finance loses $6M in vault exploit

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By Jake Harrison
| Protos Verified
DeFi platform Summer Finance, which offers “institutional DeFi Vault infrastructure for everyone” has been hacked for approximately $6 million. The sum was drained from its Lazy Summer USDC vault, managed by risk advisor Block Analitica. Summer Finance confirmed the exploit and has paused vaults while investigating the cause of the loss.
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