DeFi

Nearly $1 billion in bitcoin (BTC) ETF inflows power bull case as Kelp hack fuels DeFi jitters: Crypto Daily

Market dynamics continue to paint a bullish picture for bitcoin BTC$75,263.35 even as Iran-related developments and DeFi hacks dominate headlines.U.S.-listed spot ETFs pulled in...

A $300 million borrowing spike on Aave signals liquidity crunch after exploit

The aftershocks of the Saturday's KelpDAO hack are spreading through stablecoin markets in ways that were not immediately obvious.Int he first 24 hours post...

Three Major Japanese Financial Institutions Tap Canton to Bring Government Bonds On-Chain

Mizuho, Nomura, and Japan's central clearing house are launching a blockchain-based proof-of-concept for collateral management of Japanese government bonds.Three of Japan's most prominent financial...

Aave’s TVL Falls $8B After $293M Kelp DAO Hack

Total value locked on decentralized lending protocol Aave dropped by nearly $8 billion over the weekend after hackers behind the $293 million Kelp DAO...

Kelp DAO Loses $293M in Bridge Exploit, Leaving Aave With Over $200M in Bad Debt

Attacker minted unbacked rsETH through Kelp's LayerZero bridge, then borrowed WETH on Aave V3 and V4 before markets could freeze.In 46 minutes on Saturday...

Here is how crypto community is reacting after massive $292 million hack

The $292 million exploit of Kelp DAO has set off a wave of reactions across the crypto industry, with developers and traders warning that...

Web3 VCs have a differentiation problem

The average Web3 VC pitch sounds like ours did three years ago. "We have deep relationships across the ecosystem." "We add value beyond capital."...

Kelp Exploit Spread ‘Contagion’ Throughout DeFi Ecosystem: Crypto Execs

The exploit of the Kelp liquid restaking protocol shows how non-isolated lending and integrations in decentralized finance (DeFi) can cause broader ecosystem contagion, according...

Stablecoins can help businesses turn costs into revenue, but not everyone needs to issue a token:

Stablecoins, the $300 billion class of digital dollars, may have started as a faster way to move money across the globe, but companies are...

France faces the brunt of an increasing violent crime wave against the crypto community

France is facing a rise in crypto-related kidnappings as so-called “wrench attacks” become more frequent, brazen and violent.That shift was visible this week amid...

Popular

Hyperliquid RWA Trading Surpasses All Other Asset Categories

Perpetual decentralized exchange (DEX) Hyperliquid’s weekly trading volume in...

EU authorities include HTX exchange in Russian sanctions

The exchange, already sanctioned by the UK, is now...

House Passes Bill on Lawmakers Using Insider Information for Stock Trading

The US House of Representatives has passed a bill...

Institutional crypto trading platform LMAX explores strategic alternatives, including sale, IPO

Institutional crypto trading platform LMAX Group is working with...

World Foundation raises $52.5 million in new funding round lead by Pantera Capital

Poised to become the world’s most prominent “real humans’...