Institutional
DeFi

Aave Announces 'DeFi United' Relief Fund to Restore rsETH Backing After Kelp Exploit

Lido is the first service provider to publicly announce its participation in the relief fund via a governance proposal requesting up to 2,500 stETH. Read…
Institutional

US Bankers association push for 60 day pause to stop stablecoin rules going live

US banking groups are pressing regulators to slow parts of the federal rollout of the GENIUS Act, opening a new front in their broader fight…
Institutional

Bitcoin Pulls Back From $78K As Persian Gulf Risk Trumps Institutional Bid

ETH is lagging with on-chain risk still elevated post-Kelp, while SOL dropped 3% and the broader market cap slipped 1.6% on the day. Read Full…
DeFi

JPMorgan says persistent security flaws curb DeFi’s institutional appeal

A $20 billion hit from the KelpDAO exploit highlights systemic risks, while flat ETH-denominated growth and a shift to stablecoins point to ongoing fragility in…
DeFi

Lotus Taps WisdomTree Money Market Fund to Build Yield Floor into DeFi Lending

WisdomTree’s WTGXX holds nearly $860M in distributed asset value, mostly on Ethereum. Read Full Story at Thedefiant.io →
AI

AngelList's USVC Gives Investors Exposure to OpenAI, Anthropic and xAI—Starting at $500

AngelList’s new USVC fund allows non-accredited retail investors to gain exposure to major private firms like Anthropic and OpenAI. Read Full Story at Decrypt.co →
Institutional

U.S. Treasury Secretary Presses Senate to Pass Crypto Market Structure Legislation

Bitcoin Magazine U.S. Treasury Secretary Presses Senate to Pass Crypto Market Structure Legislation Treasury Secretary Scott Bessent told a Senate panel Wednesday that passing comprehensive…
DeFi

Another DeFi protocol hacked as Sui-based Volo hit by $3.5M exploit

Volo Protocol has confirmed a $3.5 million exploit affecting select vaults, adding that it has frozen assets and started fund recovery efforts amid ongoing investigation.…
Institutional

Uzbekistan creates state-backed crypto mining zone with tax breaks

Uzbekistan has created a supervised crypto mining zone in Karakalpakstan, allowing foreign sales while requiring proceeds to flow through local bank accounts. Read Full Story…
Institutional

Relics of a Revolution, Part IV: The Bank Was Already Burning

Bitcoin Magazine Relics of a Revolution, Part IV: The Bank Was Already Burning A conversation with artist Alex Schaefer. This post Relics of a Revolution,…