Decentralized finance: lending, DEXs, stablecoins, yield, and liquidity. 353 stories curated by CryptoCatalyst.
Metaplanet has bought Siiibo Securities for $13 million to create Bitcoin yield products, targeting Japan's massive $7.4 trillion household savings market. This move comes as Japan transitions from a deflationary to an inflationary economy.
Onchain sleuth ZachXBT traced $120 million in suspicious funds across exchanges, instant swap services, and other blockchains. Tether later froze $72 million in USDT linked to the activity, as Monero's price jumped to $438.
Visa said stablecoins are reshaping the back end of commerce as it unveiled new AI tools, tokenization features, and a partnership with OpenAI.
The rise of advanced AI models is causing a spike in DeFi hacks, according to Immunefi CEO Mitchell Amador. These tools are making it easier for attackers to exploit vulnerabilities in crypto projects.
Ondo Finance has hired John Hoffman, former Invesco ETF chief, to lead its push into onchain investment portfolios. This move signals a shift from tokenizing individual assets to offering full investment strategies on the blockchain.
Mastercard's Agent Pay for Machines lets AI agents buy services and settle transactions using cards, bank accounts, and stablecoins. The system is backed by crypto giants like Coinbase and Ripple, aiming to streamline AI commerce.
Botanix, a Bitcoin DeFi project, has shut down with a brutal post-mortem bluntly stating that users simply did not care. The team cited market conditions and timing as key factors, admitting the project did not work in this market or timeline.
The New York Department of Financial Services (NYDFS) has proposed new stablecoin regulations that align with the federal GENIUS Act. The rules include reserve concentration limits and mandatory risk management programs to enhance stability and transparency.
Curve Finance has launched Llamalend v2 on the Optimism network, backed by a 250,000 OP token grant. The new version supports markets for multiple collateral and borrow assets beyond crvUSD and introduces LlamaRisk as a market curator.
MUFG, SMBC, and Mizuho will establish a council to explore operational frameworks and prepare for the issuance of stablecoins. The banks aim to finalize their plans by March 2027.
Trad.Fi, a lender specializing in equipment financing, is partnering with W3 to automate business lending using AI. The goal is to bring $650 million in private credit onto public blockchains, making the process more transparent and efficient.
A Hyperliquid-backed lobby group and Paradigm are urging the US to revise a proposed anti-money laundering rule that could restrict decentralized stablecoin usage on public blockchains, potentially impacting how people use stablecoins for transactions and DeFi services.
Traditional asset manager Janus Henderson has invested in Ethena and plans to distribute its stablecoin, USDe. This follows a trend of big finance firms embracing decentralized finance (DeFi) infrastructure.
Morpho has secured $175 million in funding to create a blockchain-based credit network. This network aims to connect decentralized finance (DeFi), traditional financial institutions, and global markets, potentially revolutionizing how credit is managed and accessed.
Meta is now paying some creators using USDC, a stablecoin pegged to the US dollar. While this validates stablecoins as a mainstream payment method, it also highlights the difficulty of converting them into local currency for everyday use.
America's largest banks are creating a new digital currency network to prevent customers from moving deposits to stablecoins. This move aims to integrate traditional banking with blockchain technology, offering tokenized deposits as an alternative to crypto-based stablecoins.
The UK's Financial Conduct Authority (FCA) has issued a warning to Hyperliquid, a crypto derivatives platform. This adds to growing regulatory pressure on perpetual contracts (perps) in the crypto market. The FCA is concerned about potential risks to consumers and market integrity.
Visa is testing private stablecoin settlement on the Canton network with Brale, exploring whether institutions can use blockchain without exposing sensitive transaction data.
Travala’s new protocol lets AI agents search and book hotels with USDC on Base, but travelers still approve the final payment.
Three of America's biggest banks are building a shared blockchain network to tokenize assets and compete with stablecoins. The project, set to launch next year, aims to reduce reliance on traditional deposits.
Coinbase is partnering with Better Home & Finance to let qualified borrowers use Bitcoin and USDC as collateral for home loan down payments. This initiative could make homeownership more accessible to crypto holders.
Coinbase has launched pre-IPO perpetual futures, starting with a SpaceX contract. The new product allows investors to trade with up to 5x leverage on private company shares, bringing traditional stock-like trading exposure to the crypto exchange.
Tether has introduced a Visa card that allows users to spend tokenized gold anywhere Visa is accepted. Cardholders will earn crypto rewards on their purchases, blending traditional payments with digital assets.
EdgeX is refunding users and offering a 200,000 USDC bounty after a 71% flash crash of its EDGE token. The crash was caused by a flood of sell orders during low liquidity on PancakeSwap.