Decentralized finance: lending, DEXs, stablecoins, yield, and liquidity. 353 stories curated by CryptoCatalyst.
A well-known crypto security pioneer has publicly stated that they now consider all of decentralized finance (DeFi) unsafe. This comes amid rising concerns about vulnerabilities and exploits in the space. The expert cited recent high-profile hacks as a major reason for their stance.
A House of Lords committee warns that strict stablecoin regulations could hinder the UK's crypto market growth, urging the BoE and FCA to revise their approach. The UK risks falling behind the U.S. and EU in this emerging sector.
The Defend Developers PAC is a new political action committee focused on supporting lawmakers who advocate for protecting crypto developers from legal vulnerabilities. This move comes as elections approach, highlighting the growing influence of crypto in politics.
Mastercard now supports settlement in USDC, PYUSD, RLUSD, and other stablecoins across multiple blockchains. This move simplifies global payments by reducing reliance on traditional banking systems.
Major payment companies Stripe, Visa, and Mastercard are reportedly backing a new stablecoin platform. Coinbase is also considering joining the initiative, which could make stablecoins more accessible to mainstream users.
TD Securities reports that Hyperliquid, a crypto-based trading platform, predicted 80% of an oil market move before traditional exchanges opened. This highlights the growing influence of perpetual futures beyond crypto, including pre-IPO tech stocks and weekend oil trading.
Coinbase has invested in Ethena through an open market purchase of ENA tokens, and the two companies are partnering to grow onchain finance and savings products. This collaboration aims to expand blockchain-based financial services.
The Wall Street giant is integrating its tech platform with MoonPay's infrastructure, allowing eligible institutions to seamlessly swap stablecoins for yield-generating tokenized funds without ever leaving the blockchain.
Veda is making the vault technology behind Kraken DeFi Earn and EtherFi’s Liquid available to Privy’s 2,000+ developer teams. This move could accelerate DeFi innovation by providing self-serve access to a proven yield-generating infrastructure.
MoneyGram has introduced MGUSD, a stablecoin on the Stellar network issued by Stripe's Bridge, to facilitate cross-border payments. This move reflects the growing trend of using stablecoins for faster, cheaper international transactions.
Symbiotic's new Liquid Lane network aims to reduce the time it takes to cash out tokenized assets, addressing a major bottleneck in the market. The initiative could make tokenized funds and credit more accessible to everyday users.
Movement, a blockchain project, is pivoting to stablecoin payments by partnering with licensed payment providers to tap into the $685 billion remittance market. This move comes as the layer-2 boom, which aimed to improve blockchain scalability, loses momentum.
Gnosis Pay is facing an active exploit in its delay module, but the team has pledged to fully refund affected users. Co-founder Martin Köppelmann initially urged users to withdraw funds but later walked back the warning.
Japan's Liberal Democratic Party proposed legal frameworks for crypto ETFs and yen-backed stablecoins. This move could boost crypto adoption and investment in the country. The party outlined a plan to present to the finance minister, aiming to create a favorable regulatory environment for digital assets.
Vietnam's Ministry of Finance has proposed allowing small and medium-sized enterprises (SMEs) to use digital assets, virtual assets, and intellectual property as collateral for loans. This move could significantly improve access to financing for Vietnamese businesses.
The XRP Ledger has proposed a change that makes flash loan attacks impossible due to its transaction structure. This architectural feature has already protected it from exploits that have cost Ethereum DeFi billions. The draft amendment highlights how the XRPL's design inherently prevents these types of attacks.
Wintermute is providing liquidity on the two biggest prediction markets—Kalshi and Polymarket—linking flows for both firms, according to a source familiar with the matter. The move aims to improve trading efficiency and liquidity for users on both platforms. The exact terms of the arrangement were not disclosed.
Grayscale, a major digital asset manager, believes Hyperliquid could become a dominant player in financial services, expanding beyond crypto trading into traditional derivatives and exchange markets. This reflects growing confidence in decentralized finance (DeFi) infrastructure.
A memecoin platform, DxSale, was drained of $7.3 million from BNB Chain liquidity providers. The exploit highlights risks associated with outdated DeFi locker contracts.
JPMorgan CEO Jamie Dimon criticized Coinbase CEO Brian Armstrong and warned the current CLARITY Act framework could ultimately fail, as banks and crypto firms clash over whether stablecoin issuers should be allowed to offer yield-bearing rewards that resemble bank deposits.
BlockBooster is launching a new incentive program to reward DeFi users. The program aims to boost liquidity and engagement in decentralized finance protocols.
Strato Money has announced a new stablecoin on X. The original post provides no additional details such as the stablecoin name, backing assets, exchange listings, or launch timeline beyond what is in the tweet link.
Aave Labs has secured two key UK licenses for its Push subsidiary, allowing zero-fee fiat on-ramps. This move enables easier crypto access for UK users and positions Aave as a major player in regulated crypto payments.
Kraken has introduced a new Bitcoin vault product that lets users earn yield on their holdings. In just 10 hours, the product attracted $30 million in Bitcoin deposits from 4,000 unique wallets.