DeFi
DeFi

Monero prices rocket to $438 amid $120 million onchain laundering maze

Onchain sleuth ZachXBT traced remaining funds across exchanges, instant swap services and other blockchains. Tether later froze $72 million in USDT linked to the activity.…
DeFi

Solana Foundation Launches Frontier Traders, an Institutional Program for $500M+ Volume Firms

The Solana Foundation formalized Solana’s institutional market-structure tier with Frontier Traders, requiring $500M in trailing 30-day DEX volume for VIP access, with the debut campaign…
DeFi

The next DeFi drain could come from legacy contracts everyone forgot

The Raydium AMM V3 exploit drained roughly $1.34 million from a phased-out program tied to five pools outside the current product path, unsupported by Raydium’s…
DeFi

BitGo Launches Lightning Earn to Let Institutions Put Bitcoin to Work on Lightning Network

Bitcoin Magazine BitGo Launches Lightning Earn to Let Institutions Put Bitcoin to Work on Lightning Network BitGo launched Lightning Earn, enabling institutional bitcoin holders to…
DeFi

Exclusive: Cardano Foundation Recasts Itself as Active Adoption Driver as Hoskinson Pulls Back

The steward of the Cardano blockchain is seeding DeFi liquidity, backing an $80M venture fund and signing enterprise deals — a reversal of its hands-off…
DeFi

BlackRock races Goldman Sachs to turn Bitcoin volatility into ETF income

BlackRock has updated its regulatory filing for a new Bitcoin Premium Income ETF, signaling an imminent launch that intensifies a Wall Street race against Goldman…
DeFi

Bitcoin and Crypto Bounce as Inflation Hits 3-Year High, but CryptoQuant Says the Bottom Isn’t In and SpaceX IPO Looms

Bitcoin bounced to around $62,000 even as May CPI hit a 3-year high of 4.2%, but CryptoQuant says the realized-price floor near $53,600 hasn’t been…
DeFi

BlackRock Files Likely-Final Amendment for Yield-Generating Bitcoin ETF With 65bps Fee, Launch Expected Soon

BlackRock filed a likely-final S-1 amendment for its iShares Bitcoin Premium Income ETF (BITA), a covered-call product with a 65bps fee, as it races Goldman…
DeFi

Solana Exchange Raydium Hit With $1.34 Million Exploit as DeFi Attacks Grow

Solana-based decentralized exchange Raydium will repay the funds swiped in the $1.34 million exploit using its treasury. Read Full Story at Decrypt.co →
DeFi

On-Chain Tracking Revives Allegations That Hoskinson Sold 1.5B ADA in the 2021 Rally

An NFT creator published a thread claiming to trace large ADA flows to IOG-linked stake pool pledges from the 2021 bull market. Cardano’s founder has…