DeFi

Radiant Capital Winds Down to a $2M Husk, 20 Months After DPRK-Linked $50M Heist

The cross-chain lender that once held more than $300M in deposits now has $2.21M in total value locked, a sub-$2M market cap, and no...

DeFi

Mt. Gox moves 10,422 bitcoin worth $739 million to a new wallet as deadline nears

Defunct bitcoin exchange Mt. Gox moved 10,422.65 bitcoin BTC$69,363.65 worth roughly $739 million to a new wallet at 04:47 UTC on Tuesday, marking the...

DeFi

Radiant to Wind Down After Failing to Recover From 2024 Hack

Crypto lending protocol Radiant Capital says it will start closing down as it failed to establish a “viable path forward” after North Korea exploited...

DeFi

Anchorage Digital Pushes Federally Chartered Settlement Into Non-Custodial DeFi With Coordinated Multiparty Layer

The OCC-chartered crypto bank is positioning its Atlas network as a coordinated multiparty settlement layer for institutional trading on Hyperliquid, Lighter, and Aave —...

DeFi

What next for BTC prices as Bitcoin slides to $70,000 on Strategy’s sale

Bitcoin BTC$70,509.23 extended its slide below $71,000 in early Asian hours Tuesday, down 3.4% in the past 24 hours and 7.5% on the week,...

DeFi

$60M Polymarket Dispute Over Strategy’s May Bitcoin Sale Puts UMA’s Token-Voting Oracle on Trial

A multi-million-dollar Polymarket contract on whether Strategy sold any bitcoin by May 31 has been disputed twice and is now in front of UMA...

DeFi

Japan’s ruling party supports crypto ETF trading, yen-based stablecoins

Japan should create a legal framework for trading cryptocurrency exchange-traded funds (ETFs), the ruling Liberal Democratic Party (LDP) said, according to a Reuters report...

DeFi

Vitalik Buterin Proposes Options-Based DeFi to Replace Liquidation-Driven Debt Model

Ethereum co-founder Vitalik Buterin proposed splitting 1 ETH into two paired option assets that always sum back to 1 ETH, eliminating forced liquidations and...

DeFi