DeFi
DeFi

Wall Street is buying DeFi tokens again, even as everyone worries the code is unsafe

The total value locked (TVL) on DeFi fell from $172 billion to $148 billion as the sector logged $635 million in exploit losses across April…
DeFi

A 'Bitcoin DeFi' project just shut down with a brutal post-mortem: Users just didn't care

“It did not work,” Botanix said. “At lest not in this market and not in this timeline.” Read Full Story at Coindesk.com →
DeFi

A 'Bitcoin DeFi' project just shut down with a brutal post-mortem: Users just didn't care

“It did not work,” Botanix said. “At lest not in this market and not in this timeline.” Read Full Story at Coindesk.com →
DeFi

Botanix to shut down after 4 years, cites weak demand for Bitcoin DeFi

The Spiderchain developer told users to withdraw assets by July 9 after concluding demand for Bitcoin-native DeFi was not sufficient to support the network. Read…
DeFi

Morpho Raises $175 Million Co-Led by Paradigm, a16z Crypto, and Ribbit Capital to Build ‘Open Credit Network’

Morpho raised $175 million co-led by Paradigm, a16z crypto, and Ribbit Capital, with Apollo Funds, Circle Ventures, and VanEck participating, in one of DeFi’s largest…
DeFi

Aave Proposes Binding New Risk Framework Following the $292 Million KelpDAO Exploit

Aave founder Stani Kulechov announced a new four-layer risk framework prepared by LlamaRisk, binding across V3, V4, and Horizon, with a $50,000 bug bounty floor…
DeFi

SpaceX IPO nears 4 times oversubscribed, squeezing crypto and tech

Tech stocks and crypto are selling off in a “classic pre-mega-IPO liquidity squeeze,” say analysts. Read Full Story at Cointelegraph.com →
DeFi

Crypto Tax Bills Face Pushback in House Committee Hearing

Pro-crypto Democrats questioned staking and mining tax exemptions Tuesday, while party leadership said the bills may need to wait until after the midterms. Read Full…
DeFi

Circle wants wrapped Bitcoin to look bank grade before institutions trust it as collateral

cirBTC gives Circle a BTC wrapper, but the harder test is whether custody, reserves, liquidity, and redemption controls can win institutional use. The post Circle…
DeFi

Bitcoin may act as a ‘canary in the coal mine’ as risk-off pressure spreads: Bitwise

Bitwise research suggests that Bitcoin is leading a broader risk-off move across markets as global liquidity and stablecoin reserves remain elevated. Read Full Story at…