DeFi

Magic Internet Money Falls 50% Below Peg as Abracadabra Declares Emergency

Abracadabra.money declared emergency measures after its MIM stablecoin fell roughly 50% below its $1 peg, triggering interest rate hikes across all Cauldrons, a halt...

Invesco Files for Tokenized Stablecoin-Reserve Money Market Fund Built on Superstate Rails

US asset manager files for a GENIUS Act reserve money market fund whose shares are recorded directly on public blockchains, with Superstate as sub-transfer...

Does Botanix’s Failure Prove Bitcoiners Don’t Care About DeFi?

For the past two cycles, Bitcoin DeFi has lived more as a promise than a category.Programmable Bitcoin has remained a vision held by a...

Aave’s Kulechov Disputes Report, Says Firm Won’t Sell AAVE at ‘70%’ Discount

The founder said all Aave protocol and GHO revenue flows to the AAVE token and that the brand and software belong to holders, responding...

Base blockchain resumes after two-hour outage disrupted network

Coinbase-backed Ethereum layer-2 network Base resumed block production Thursday after a disruption of roughly two hours that halted the blockchain.In an update, the Base...

Story Rebrands as DATA Foundation in Pivot to AI Training Data

The intellectual-property blockchain that raised $140 million led by a16z crypto is migrating its $IP token to $DATA one-to-one and integrating data marketplace Kled,...

a16z-backed crypto firm rebrands, shifts focus to solving AI’s global copyright headache

The startup formerly known as Story Protocol raised $140 million to secure internet rights and is now building an audit layer for data consent,...

BlackBerry shares surge 23% after the former phone giant reveals its new role in the AI boom

"As intelligent machines become increasingly autonomous and operate around people, the requirements for safety, security, reliability and real-time determinism become even more important," CEO...

Spark Brings $150M Stablecoin Liquidity to Uniswap v4

Decentralized finance (DeFi) protocol Spark has deployed approximately $150 million in stablecoin liquidity across two Uniswap v4 pools on Ethereum as part of a...

Ethlabs Will Overlap with the Ethereum Foundation and Draw Its ‘Densest Talent,’ Funders Say

Sharplink, Bitmine and Joe Lubin are backing Ethlabs as the Ethereum Foundation cuts its budget 40%, but no one will say how much money...

Popular

France orders country’s internet service providers to block Polymarket

France's gambling regulator, the Autorité Nationale des Jeux (ANJ),...

The traditional bank account is facing an existential threat from digital wallets

Jan said many Binance employees, including himself, already keep...

Trump targets Brazil’s payments system while dollar stablecoins are quietly overtaking country’s payments

Dollar-linked stablecoins already account for roughly 90% of crypto...

DOG Mode explains Bitcoin’s next governance fight

Supporters of BIP-110 view Bitcoin as a public utility...

DeFi users are missing out on $150 million a year. Here’s why

Around 54% of liquidity in positions below $1,000 was...