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DAOs Face Hard Choice Between Unstoppable Code and Safety Brakes
DeFi

DAOs Face Hard Choice Between Unstoppable Code and Safety Brakes

A close call on Compound highlights the growing tension between automated smart contracts and emergency panic buttons.

Priya Nair· ·2 min read
Cronos Halts Network After $75M Tectonic Lending Exploit
DeFi

Cronos Halts Network After $75M Tectonic Lending Exploit

Cronos validators hit the kill switch on their blockchain after an attacker manipulated an illiquid token to drain $75 million from Tectonic.

Sofia Marek· ·2 min read
Dunamu and Visa Partner on Stablecoins and AI Tech
Stablecoins

Dunamu and Visa Partner on Stablecoins and AI Tech

South Korean crypto giant Dunamu is joining forces with Visa to test out stablecoin integration and AI tools.

Sofia Marek· ·1 min read
Ethena Foundation Proposes Fee Switch and Ends Investor Unlocks
DeFi

Ethena Foundation Proposes Fee Switch and Ends Investor Unlocks

The Ethena Foundation has announced four major updates, including buybacks of locked ENA tokens and an end to future investor unlocks.

Mia Chen· ·1 min read
Washington Turns to Stablecoins as Foreign Buyers Dump US Debt
Stablecoins

Washington Turns to Stablecoins as Foreign Buyers Dump US Debt

Foreign investors dumped $29 billion in US T-bills back in June, forcing Washington to count on stablecoin issuers to absorb national debt.

Daniel Okoro· ·2 min read
Ondo Bet: Tokenization Is Tracing the Early ETF Playbook Ahead of US Launch
DeFi

Ondo Bet: Tokenization Is Tracing the Early ETF Playbook Ahead of US Launch

Ondo Finance sees tokenization walking the early path of ETFs, but expanding its lineup hinges on US legislation.

Priya Nair· ·1 min read
BTCS Holds Just $317k Cash as Q2 Balance Sheet Bets Big on DeFi
DeFi

BTCS Holds Just $317k Cash as Q2 Balance Sheet Bets Big on DeFi

BTCS cleared its Aave debt using Ethereum, leaving virtually all of its $89.3 million balance sheet tied up in crypto assets.

Daniel Okoro· ·2 min read
Maya Protocol's $11M Mess: Attacker Still Holds 20 BTC
DeFi

Maya Protocol's $11M Mess: Attacker Still Holds 20 BTC

Maya Protocol hasn't said how it'll cover the damage after an $11 million liquidity crash left pools exposed and an attacker holding 20.83 BTC.

Alex Rivera· ·1 min read
WLFI Steps Back From Hong Kong AI Firm WorldClaw
Stablecoins

WLFI Steps Back From Hong Kong AI Firm WorldClaw

Trump-backed World Liberty Financial insists WorldClaw runs independently. It won't say if there's cash behind that relationship, though.

Daniel Okoro· ·1 min read
Curve's Founder Thinks FATF Pressure Is Just What DeFi Needs
DeFi

Curve's Founder Thinks FATF Pressure Is Just What DeFi Needs

Michael Egorov argues that global regulatory pressure will force protocols to fix security gaps and finally ditch central control.

Priya Nair· ·2 min read
US Treasury seeks public comment on GENIUS Act stablecoin rules
Stablecoins

US Treasury seeks public comment on GENIUS Act stablecoin rules

Federal regulators want feedback on licensing requirements for stablecoin issuers under the GENIUS Act.

Priya Nair· ·1 min read
Grvt Targets $100M USDY Position in Ondo Finance Deal
DeFi

Grvt Targets $100M USDY Position in Ondo Finance Deal

Hybrid exchange Grvt is teaming up with Ondo Finance to hold up to $100 million in yield-bearing USDY tokens.

Priya Nair· ·1 min read