DeFi governance gap allows one wallet to request 98% of Ampleforth treasury’s USDC balance

Written and edited by the WorldPing NewsdeskPublished Updated Original reporting: CryptoSlate
DeFi governance gap allows one wallet to request 98% of Ampleforth treasury’s USDC balanceWorldPing
Image via CryptoSlate.

What happened

The proposing wallet submitted after receiving 87,238 FORTH of delegated power; the action ended with zero votes and no transfer.

Key facts

  • The proposing wallet submitted after receiving 87,238 FORTH of delegated power; the action ended with zero votes and no transfer.
  • Reported by CryptoSlate and published Tue, 15 Sep 2026 16:30:02 UTC.

Why it matters

Digital-asset markets react to catalysts within minutes, and liquidity, ETF flows and regulatory signals are usually what decide whether a move sticks.

What to watch next

  • Whether spot volume and open interest confirm the move
  • Liquidation clusters around the current price
  • ETF flow data and any regulatory follow-up

Coverage timeline

When each newsroom published on this story, oldest first — all times UTC.

  1. How a simple coding mistake let a hacker drain $7.8 million from a crypto wallet

  2. $206M in XRP Just Left an Uphold Wallet. Here’s What Happened Next

  3. ETH wallet exploit backfires as MEV bot captures $7.7M, Kelp freezes address

  4. DeFi governance gap allows one wallet to request 98% of Ampleforth treasury’s USDC balance

Sources

The original report was published by CryptoSlate. WorldPing does not claim that reporting — this page summarises and contextualises it.

Read the full report at CryptoSlate

Related WorldPing coverage