DeFi and DApps
Protocol launches, governance changes and decentralised application updates. Each article is summarised by AI into a clear, factual overview of 50 words or fewer.
2 days agoThe Defiant
Pump.fun Launches GO Bounty Platform Amid Backlash Over Listings
Pump.fun has introduced its GO Bounty platform, which has faced immediate criticism for its extreme listings. The reaction highlights concerns within the community regarding the platform's approach to NFT and Web3 offerings.
2 days agoAmir Haleem Resigns as CEO of Nova Labs Amid HNT Price Decline
2 days agoChainlink CCIP Attracts $1.1 Billion in Value in One Week
2 days agoTom Schmidt of Dragonfly GP Accuses Nova Markets of Scamming
Tom Schmidt has labelled the startup Nova Markets as 'huge scammers' and criticised venture capitalists for their involvement with the company.
2 days agoBitcoin Surpasses 200-Week Moving Average for First Time Since 2022
Bitcoin has crossed its 200-week moving average for the first time since 2022, following a jobs report that has influenced expectations regarding Federal Reserve interest rate cuts.
2 days agoMajor US Banks to Develop Shared Tokenized Deposit Network
JPMorgan, Citigroup, Bank of America, and The Clearing House are collaborating to create a shared tokenised deposit network aimed at enhancing the efficiency of digital transactions.
2 days agoapxUSD Loses Its Dollar Peg Amid Bitcoin Price Decline
apxUSD has lost its peg to the US dollar as a decline in Bitcoin prices affects STRC-backed collateral.
2 days agoCME CEO Terry Duffy Warns of Risks in US Crypto Perpetual Futures
Terry Duffy, CEO of CME Group, has described US crypto perpetual futures as a potential disaster, highlighting concerns over their regulation and impact on market stability.
2 days agoShielded Labs Suggests Zcash Upgrade to Verify ZEC Supply Following Orchard Bug
Shielded Labs has proposed a new upgrade for Zcash aimed at proving the supply of ZEC. This comes in response to a bug identified in the Orchard protocol.
3 days ago0x Launches Cross-Chain API for Developers with 12 Initial Bridge Partners
0x has made its Cross-Chain API available to all developers, launching with partnerships from 12 bridge providers. This initiative aims to enhance interoperability within decentralised finance.
3 days agoArthur Hayes Sells All HYPE and NEAR Holdings Amid Concerns Over Iran and AI IPOs
Arthur Hayes has completely exited his positions in HYPE and NEAR, citing concerns over the potential impact of the Iran war and the upcoming AI IPO pipeline on the market.
3 days agoExploring ERC-3643 and Its Role in Institutional Token Adoption
The article discusses ERC-3643, a standard for permissioned tokens, and its potential to facilitate institutional adoption of blockchain technology.
3 days agoSpot Bitcoin ETF Experiences Record Outflow Streak of 13 Days
The spot Bitcoin ETF has recorded a continuous outflow for 13 days, totalling $4.4 billion in cumulative withdrawals.
3 days agoBitMine files for $300 million preferred stock offering at 9.5% yield
BitMine has submitted a filing for a $300 million preferred stock offering, aiming to expand its Ethereum treasury with a yield of 9.5%.
3 days agoCoinbase Introduces Pre-IPO Perpetual Futures for SpaceX
Coinbase has launched pre-IPO perpetual futures, beginning with SpaceX. This move aims to provide investors with new trading opportunities ahead of SpaceX's anticipated public offering.
3 days agoWestern Union Launches USDPT on Bybit's Fiat Channels in Latin America
Western Union has introduced USDPT on Bybit's fiat channels, enhancing cryptocurrency access in Latin America. This move aims to facilitate easier transactions and expand the reach of digital currencies in the region.
3 days agoSky Introduces Fixed-Rate Yield Product Using Pendle for $6B sUSDS Pool
Sky has launched a fixed-rate yield product built on Pendle, aiming to attract a $6 billion sUSDS pool.
3 days agoVisa and Brale Test Privacy-Enabled SBC Stablecoin on Canton Network
Visa and Brale are testing a privacy-enabled stablecoin settlement using the Canton Network, aiming to enhance transaction confidentiality in the blockchain space.
4 days agoDeel Utilises Stripe's Stablecoin Technology for Contractor Payments
Deel has implemented Stripe's full stablecoin stack to facilitate payments for 1.5 million contractors using DLUSD.
4 days agoPENDLE Token Launches on Revolut, Accessed by 20 Million EEA Traders
The PENDLE token has been launched on the Revolut platform, allowing access to 20 million crypto traders in the EEA region.
4 days agoRevolut to Launch US Bank in 2027 with Integrated Stablecoin Services
Revolut has announced plans to launch a US bank in 2027, featuring stablecoin services from the outset.
4 days agoHyperliquid Achieves Record Share of Global Perpetuals Volume
Builder-deployed perpetual markets have led Hyperliquid to capture a significant portion of the global perpetuals trading volume, marking a notable increase in its market presence.
4 days agoBitcoin Falls Below $66,000 Amid Record 12-Day Spot ETF Outflow
Bitcoin's price has dropped below $66,000 as the outflow from spot exchange-traded funds reaches a record streak of 12 days.
4 days agoCardano's TapTools Service Ceases Operations Amidst Declining Network Activity
The closure of Cardano's TapTools highlights a decrease in activity on the blockchain, reflecting broader challenges faced by the network.
4 days agoOld DxSale Lockers Lose $7.3M in Exploits Across 1,400 BNB Chain Pools
Old DxSale lockers have been drained of $7.3 million due to owner-privilege exploits affecting 1,400 pools on the BNB Chain.
4 days agoMastercard Launches Card-Settlement Network on Eight Blockchains
Mastercard has introduced a card-settlement network that operates on eight blockchains, enabling transactions during weekends and holidays.
4 days agoBinance Shuts Down Centralised NFT Marketplace Amid Industry Retreat
Binance has announced the closure of its centralised NFT marketplace, following similar moves by Coinbase and Kraken. This decision reflects a broader trend of centralised exchanges stepping back from the NFT space.
4 days ago160 Former Officials Urge Senate to Pass CLARITY Act Amid Floor Discussions
A group of 160 former US national security officials has called on the Senate to pass the CLARITY Act as discussions resume on the Senate floor.
5 days agoFranklin Templeton Engages MoonPay for Onchain Stablecoin Swaps
Franklin Templeton has initiated a transaction with MoonPay to wire funds from its BENJI money-market fund for onchain stablecoin swaps, marking a significant move in the integration of traditional finance and fintech.
5 days agoSui Attributes Triple Mainnet Halt to Gas-Charging Bug and Patch Issues
Sui has identified a gas-charging bug and a problematic patch as the causes for the recent halt of its triple mainnet.
5 days agoUS Treasury Designates Nobitex and Three Iranian Exchanges as SDN
The US Treasury has added Nobitex and three other Iranian cryptocurrency exchanges to its Office of Foreign Assets Control's Specially Designated Nationals list as part of its 'Economic Fury' initiative.
5 days agoPolymarket Executes First On-Chain Institutional Block Trade
Polymarket has completed its first on-chain institutional block trade, marking a significant milestone for the platform in the intersection of traditional finance and blockchain technology.
5 days agoChris Perkins Discusses Institutional Investment in Crypto Amid Market Sentiment
Chris Perkins from Franklin Crypto explores the current negative market sentiment and the strong fundamentals driving institutional interest in cryptocurrency.
5 days agoCoinbase Ventures Acquires ENA and Partners with Ethena for Distribution
Coinbase Ventures has purchased ENA on the open market. Additionally, Coinbase has entered into a distribution agreement with Ethena to enhance its offerings.
5 days agoUS Court Ends Circle's Freeze on Zama's $12.5M cUSDC Contract
A US court has lifted the freeze imposed by Circle on Zama's $12.5 million cUSDC contract after a three-day lockout.
5 days agoSecuritize Launches Hamilton Lane's HLSCOPE Fund on TRON Network
Securitize has introduced Hamilton Lane's HLSCOPE private-credit fund on the TRON network, marking the first issuance of its kind on this blockchain platform.
5 days agoOpenSea Announces Upcoming Launch of Hyperliquid-Powered Perpetuals
OpenSea has revealed plans to launch perpetuals powered by Hyperliquid, enhancing its trading capabilities in the decentralised finance space.
5 days agoRobinhood Completes $180M Acquisition of WonderFi, Expands to Canada
Robinhood has finalised a $180 million deal to acquire WonderFi, marking its entry into the Canadian market. The company has also surpassed one million international customers.
5 days agoEthereum Researchers Propose Post-Quantum Key Registry for Migration
Ethereum researchers have outlined a post-quantum key registry, marking the initial step towards enhancing the blockchain's security against potential quantum computing threats.
5 days agoGalaxy Launches Institutional OTC Prediction-Markets Desk with $10M Trade
Galaxy has established an institutional OTC prediction-markets desk, highlighted by a $10 million trade on the CLARITY Act, aiming to enhance trading capabilities in the cryptocurrency sector.
5 days agoMoneyGram Introduces MGUSD Stablecoin on Stellar Blockchain
MoneyGram has launched its MGUSD stablecoin on the Stellar blockchain, aiming to enhance cross-border payments and financial services.
5 days agoCointelegraph
EdgeX attributes token crash to external party amid insider manipulation claims
EdgeX has stated that an external party is responsible for the recent token crash, while ZachXBT alleges potential insider manipulation contributing to the incident.
5 days agoDeFi protocol Radiant to cease operations following 2024 hack recovery failure
Radiant, a decentralised finance protocol, will wind down its operations after struggling to recover from a hack that occurred in 2024.
6 days agoVitalik Buterin Suggests Options-Based DeFi to Replace Current Debt Model
Vitalik Buterin has proposed a new options-based decentralised finance model aimed at replacing the existing liquidation-driven debt system, which he believes is flawed and detrimental to users.
6 days agoPolymarket Dispute Over Bitcoin Sale Tests UMA's Token-Voting Oracle
A $60 million dispute involving Polymarket's Bitcoin sale in May is set to evaluate UMA's token-voting oracle system. The outcome could have significant implications for the platform's governance and operational strategies.
6 days agoTelegram's Durov Renames TON Token to Gram, Price Increases by 19%
Telegram's founder Pavel Durov has renamed the native token of the TON blockchain to Gram. Following the announcement, the token's price surged by as much as 19%.
6 days agoAnchorage Digital Advances Non-Custodial DeFi with New Settlement Layer
Anchorage Digital is launching a federally chartered settlement system that enables non-custodial decentralised finance (DeFi) through a coordinated multiparty layer, aiming to enhance institutional participation in the DeFi space.
6 days agoRadiant Capital reduces operations to $2 million following major heist
Radiant Capital has significantly scaled down its operations to a mere $2 million, 20 months after a $50 million theft linked to North Korea.
6 days agoHouse of Doge and Paxos Partner to Integrate Dogecoin with Major Payment Platforms
House of Doge and Paxos have announced a collaboration to enable Dogecoin transactions on platforms like PayPal, Venmo, and Interactive Brokers, expanding the cryptocurrency's accessibility in mainstream finance.
6 days agoKelp DAO Hacker Launders Nearly All $220 Million in Unfrozen Funds
The hacker behind the Kelp DAO breach has laundered almost all of the $220 million in unfrozen funds, effectively closing the window for recovery.
6 days agoTHORChain Addresses Critical Bug but Retires Bounty for Researchers
V12 reports that THORChain has quietly fixed a critical vulnerability but informed researchers that the associated bounty programme is now permanently retired.
6 days agoBinance Launches US Stock Trading for Non-US Users with Tokenised 'bStocks'
Binance has introduced US stock trading for non-US users, featuring tokenised stocks called 'bStocks' on the BNB Chain. This move aims to expand its offerings in the financial market.
6 days agoStrategy Sells 32 Bitcoin for $2.5 Million to Fund Dividends
Strategy has sold 32 Bitcoin for $2.5 million, marking its first sale since 2022. The funds will be used to cover preferred dividends.
6 days agoCiti Forecasts $5.5 Trillion Tokenized Securities Market by 2030
Citi has projected that the tokenized securities market could reach $5.5 trillion by 2030, as major financial institutions like DTCC, Nasdaq, and ICE begin to adopt on-chain technologies.
6 days agoCardano Community Rejects $7.8 Million Budget for 2026 Summit
The Cardano community has voted against a proposed budget of 7.8 million ADA for the foundation's flagship event in 2026, effectively cancelling the summit.
6 days agoKelp DAO hacker launders nearly all of $220 million in stolen funds
The hacker behind the Kelp DAO exploit has laundered almost all of the $220 million stolen, diminishing hopes for recovery.
6 days agoGnosis Pay Faces Exploit; Company Commits to Compensate Affected Users
Gnosis Pay has suffered an exploit involving a 'delay module', leading to user losses. The company has pledged to cover these losses to ensure user trust and security.
7 days agoArgentine Prosecutors Arrest 24 in Major Crypto-Fraud Operation
Prosecutors in Argentina have arrested 24 individuals and seized over $8 million in USDT during a crackdown on a cryptocurrency fraud scheme involving fake coins.
7 days agoAlephium Bridge Suffers $815K Loss Due to Forged Guardian Messages
The Alephium Bridge experienced a loss of $815,000 attributed to forged messages from guardians, rather than stolen keys.
8 days agoPolymarket Partners with OneFootball Ahead of World Cup
Polymarket has integrated with OneFootball's extensive network, which boasts 645 million fans, just two weeks before the World Cup.
8 days agoCircle Freezes $12.6M in USDC Amid Zama's Confidential DeFi Issues
Circle has frozen $12.6 million in USDC due to complications involving Zama's confidential operations in the DeFi sector, impacting user funds.
8 days agoWintermute Begins Quoting Prediction Markets Amid Rising Event-Contract Volume
Wintermute has started quoting prediction markets as the volume of event contracts surpasses $60 billion.
8 days agoCME Group Introduces 24/7 Trading for Crypto Futures and Options
CME Group has launched round-the-clock trading for its cryptocurrency futures and options, allowing traders to engage at any time. This move aims to enhance market accessibility and liquidity in the crypto trading space.
- 9 days ago
Arbitrum Foundation Seeks $45 Million Funding Amid Spending Concerns
The Arbitrum Foundation is pursuing $45 million in funding as delegates raise questions about expenditures exceeding the DAO's revenue.
9 days agoSui Network Restarts Following Mainnet Halts Due to Software Bug
The Sui blockchain has resumed operations after experiencing consecutive mainnet halts caused by a software bug. The issue prompted immediate action to restore functionality.
9 days agoCFTC Approves First US-Regulated Bitcoin Perpetual Futures
The Commodity Futures Trading Commission has approved the first Bitcoin perpetual futures contracts regulated in the United States, marking a significant development in cryptocurrency trading.
9 days agoDxSale Loses $7.3 Million in BNB Chain Liquidity Exploit
DxSale, a memecoin platform, has been exploited, resulting in a loss of $7.3 million from its liquidity pool.
9 days agoICE Chief Sprecher Compares Hyperliquid to Nasdaq Amid Increased Interest
ICE Chief Sprecher has stated that Hyperliquid is 'bigger than Nasdaq', highlighting its growing prominence in traditional finance as interest in the platform rises.
10 days agoBase Introduces Azul Upgrade to Advance Stage 2 Decentralisation
Base has launched its Azul upgrade, marking a significant step towards achieving Stage 2 decentralisation in its blockchain development.
10 days agoTrezor integrates Morpho for native USDt and USDC yield options
Trezor has announced the integration of Morpho, enabling users to earn yields on native USDt and USDC within the Trezor Suite.
10 days agoERC-7943 author claims institutions struggle with DeFi's challenges
The author of ERC-7943 argues that traditional institutions are ill-equipped to navigate the complexities of decentralised finance, likening the environment to a 'pirate game' that favours more agile players.
10 days agoStandard Chartered reports Ethereum's on-chain metrics improving
Standard Chartered indicates that Ethereum's internal metrics are becoming more bullish, suggesting that the cryptocurrency's price may soon catch up to these improvements.
10 days agoTempo L1 Achieves 3.9 Million Transactions in Two Months
Tempo L1 has recorded 3.9 million transactions within a two-month period, highlighting its growing adoption and usage in the blockchain space.
10 days agoCrypto Liquidations Approach $1 Billion in 24 Hours as Leverage Unwinds
Nearly $1 billion in cryptocurrency positions were liquidated within a 24-hour period as traders unwound leverage, reflecting significant market volatility.
10 days agoVitalik Buterin Supports Interfold, a Privacy Protocol for Voting and Auctions
Ethereum co-founder Vitalik Buterin has endorsed Interfold, a new privacy protocol designed for on-chain voting and secret auctions, aiming to enhance user privacy in blockchain transactions.
11 days agoCash App Introduces Fee-Free USDC Transfers to Promote Bitcoin Adoption
Cash App has launched fee-free transfers for USDC, positioning stablecoins as a gateway to Bitcoin. This move aims to enhance user experience and encourage cryptocurrency transactions.
11 days agoOpenZeppelin Responds to Ex-CTO's Claims on DeFi Safety
OpenZeppelin has countered statements made by its former CTO, who declared that all of decentralised finance (DeFi) is unsafe. The company aims to clarify its position on security within the DeFi space.
11 days agoAztec Labs Acquires ZKPassport for Enhanced Identity Verification
Aztec Labs has acquired ZKPassport to integrate privacy-preserving identity verification solutions into its offerings, aiming to enhance user privacy and security in digital transactions.
11 days agoSoFi Launches Bank-Issued Stablecoin for 14.7 Million Members
SoFi has introduced its bank-issued stablecoin, making it available to its 14.7 million members. This move aims to enhance the financial services offered by the company.
11 days agoMastercard Secures NY BitLicense to Enhance Stablecoin Settlement Efforts
Mastercard has obtained a BitLicense in New York, which will support its initiatives in stablecoin settlements, further integrating traditional finance with digital currencies.
11 days agoDTCC Selects Stellar for Tokenised Securities Initiative and Multi-Chain Expansion
The Depository Trust & Clearing Corporation has chosen Stellar to support its tokenised securities rollout, marking a significant step in its multi-chain strategy.
11 days agoStakeDAO exploit generates 5.4 trillion vsdCRV, resulting in $91K loss
An exploit in StakeDAO led to the creation of 5.4 trillion vsdCRV tokens, but the attacker only realised $91,000 from the operation.
11 days agoHacker Creates 5.4 Trillion Tokens in StakeDAO Exploit, Gains $91K
A hacker exploited StakeDAO by minting 5.4 trillion tokens, resulting in a profit of $91,000. The incident highlights vulnerabilities in decentralised finance platforms.
11 days agoKraken Introduces Bitcoin Vault Product with Up to 2.5% Rewards
Kraken has launched a new Bitcoin Vault earning product that offers users rewards of up to 2.5% on their Bitcoin holdings.
11 days agoSouth Korea charges operators in first DEX rug-pull case involving CATFI memecoin
Authorities in South Korea have charged the operators of the CATFI memecoin in what is reported to be the first case of a decentralised exchange rug-pull.
12 days agoBase Introduces MCP Agent Gateway for Onchain Portfolio Management
Base has launched the MCP Agent Gateway, designed to enhance onchain portfolio management capabilities for users in the decentralised finance space.
12 days agoConcerns Rise as Top Talent Depart from Ethereum Foundation
The departure of key talent from the Ethereum Foundation raises questions about the future of Ethereum and its development.
12 days agoCardano Treasury Vote Approves Developer Experience Initiative with 67.9% Support
The Cardano community has ratified the Developer Experience Initiative with 67.9% support in a recent treasury vote, aiming to enhance the platform's development environment.
12 days agoMicroStrategy Shifts Strategy, Invests in Bonds Instead of Bitcoin
MicroStrategy has made a surprising decision to pivot from its Bitcoin investments and purchase bonds, marking a significant change in its financial strategy.
12 days agoKelp DAO announces rsETH restoration five weeks post $293 million hack
Kelp DAO has confirmed the restoration of rsETH, five weeks after a significant hack that resulted in a loss of $293 million from the protocol.
12 days agoEthereum Staking Queue Hits 3.4 Million ETH as Exit Backlog Decreases
The Ethereum staking queue has reached 3.4 million ETH, while the exit backlog has fallen to 64 ETH, indicating a shift in staking dynamics.
12 days agoCFTC Officials Suspended Following NYT Investigation into Prediction Markets
An investigation by the New York Times has led to the suspension of officials at the CFTC over their scrutiny of prediction markets.
12 days agoPolkadot Sets Validator Self-Stake Minimum at 10,000 DOT in New Upgrade
Polkadot has approved a new staking upgrade that establishes a minimum self-stake requirement of 10,000 DOT for validators, aiming to enhance network security and decentralisation.
12 days agoEthereum Foundation's Kohaku Initiative Introduces SDK for Wallet Privacy
The Ethereum Foundation has launched the Kohaku Initiative, providing a software development kit (SDK) aimed at enhancing privacy integration at the wallet level.
13 days agoTokenized Stocks Become Fastest-Growing Asset Class on Ethereum
Tokenized stocks have emerged as the fastest-growing asset class on the Ethereum blockchain, reflecting a significant trend in the decentralised finance sector.
13 days agoEthereum's ETH Sees Gains Aligned with Market Trends After Buterin's Post
Ethereum's ETH has experienced gains that align with broader market movements, following a recent post by co-founder Vitalik Buterin outlining his vision for the Ethereum Foundation.
13 days agoDaily Overview of Recent Developments in Cryptocurrency
The article provides a summary of significant events and updates in the cryptocurrency market, highlighting key trends and movements.
14 days agoStablR Stablecoins EURR and USDR Depeg Following Minting Key Compromise
StablR's stablecoins, EURR and USDR, have experienced a depeg after a compromise in their minting key. The incident has raised concerns about the security of stablecoin protocols.
15 days agoAnalyst claims Ethereum remains a strong long-term investment option
An analyst has stated that Ethereum continues to be a viable long-term buy, citing various data points to support this view.
16 days agoSEC Commissioner Hester Peirce Discusses Tokenized Securities vs Synthetic Instruments
Hester Peirce, a commissioner at the SEC, clarifies the differences between tokenized securities and synthetic instruments, highlighting regulatory implications and the evolving landscape of digital assets.