Decentralized finance: lending, DEXs, stablecoins, yield, and liquidity. 437 stories curated by CryptoCatalyst.
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 The exploit highlights risks associated with outdated DeFi locker contracts.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.
VanEck's tokenized fund is now live on the Euler DeFi protocol, marking a major step in bringing traditional finance to decentralized platforms. This move highlights the growing trend of regulated assets entering the crypto space, with tokenization expected to bring trillions onchain.
Block (formerly Square) is introducing a stablecoin feature to Cash App, starting with 25% of its 60 million users. By the end of the week, all users will have access to the feature, allowing them to buy, sell, and hold stablecoins directly within the app.
Coinbase’s Base has launched Base MCP, a tool that lets users connect their Base Account to AI clients like ChatGPT. This allows AI to manage crypto wallets and DeFi apps securely using the Model Context Protocol (MCP).
Squid's core protocol remains unaffected after a third-party module, SquidRouterModule, was exploited for $3.2 million. The company has no information about who deployed the vulnerable module.
OKX’s new Exchange OS lets users create their own crypto markets by moving core exchange functions to a protocol layer. This shift could democratize market creation and reduce reliance on centralized exchanges.
The total value of stablecoins has reached $322 billion, surpassing the foreign exchange reserves of 95 nations. This marks a significant shift in how people store and move money outside traditional banking systems.
StablR has frozen its USDR and EURR stablecoins after an attacker exploited a security flaw to create $13.5 million in unbacked tokens, stealing $2.8 million. The breach was linked to a weakness in a 1-of-3 multisig wallet.
Tether will issue a stablecoin in Georgia with the country's central bank approval, a first for the company. This marks a significant step toward mainstream crypto adoption in the region.
Tether is introducing a new stablecoin called GELT, pegged to the Georgian lari, with support from the Georgian government. This move aims to facilitate cross-border commerce and align with emerging U.S. stablecoin regulations.
DeFi platform HawkFi.ag suffered a $3.2 million exploit. The team has promised full transparency and is working on a recovery plan. This is the latest in a series of high-profile DeFi hacks this year.
The Ethereum Foundation has reaffirmed its commitment to decentralized finance (DeFi), calling it a fundamental evolution of finance. They believe financial autonomy should be a right, not a privilege, and DeFi is key to Ethereum's growth and adoption.
A new report from Ledn predicts the bitcoin-backed lending market could grow to $1 trillion within a decade. This growth is driven by strong borrower demand and increasing adoption of crypto-collateralized loans.