The Solana ecosystem suffers a liquidity crisis after the security breach at KelpDAO on April 20, draining $USDC reserves. Leading protocols such …
DeFi
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DeFi
DeFi Protocols Launch Joint Escape Hatch for Aave ETH Lenders and Loopers
by shayaanby shayaanThe same architectural openness that turned a forged cross-chain message at Kelp DAO’s bridge into hundreds of millions of bad debt at …
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DeFi
Justin Sun’s Strategic $55M USDC Spark Deposit Fuels DeFi Liquidity Surge
by shayaanby shayaanIn a significant move for decentralized finance liquidity, Tron founder Justin Sun has executed another major capital allocation, depositing $55.01 million in …
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DeFi
Bitcoin bounces above $76,000 as DeFi suffers $14 billion exodus after KelpDAO hack
by shayaanby shayaanBitcoin held above $76,000 on Monday, rebounding from overnight lows as the broader crypto market remained steady despite Iran war risks. The …
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DeFi
Kuvi Labs Joins Forces With Agnt.Hub To Power Scalable, Cross-Chain AI-Driven DeFi Execution Supported By Omnichain Agent Infrastructure
by shayaanby shayaanAs part of efforts to scale AI agents, aiming to provide them with greater intelligence, adaptive, and cross-chain capabilities, Kuvi Labs, an …
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Evgeny Gaevoy, CEO of Wintermute, has given a frank evaluation of decentralized finance’s current situation, highlighting structural risks that still impede innovation. …
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$XRP Ledger validator Vet has argued that $XRP is set to lead the next phase of decentralized finance (DeFi). In a post …
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XRP’s decentralized finance ecosystem is growing fast. Its FXRP supply is closing in on 160 million tokens, a milestone that signals rising …
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DeFi
Six years after “DeFi Summer” is the sun already setting on the decentralized finance revolution?
by shayaanby shayaanKelpDAO’s $292 million rsETH exploit landed at the wrong moment for DeFi. Roughly $10 billion left the sector over the weekend, after …
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DeFi
Bitcoin drops from recent highs as traders watch CME gap, DeFi hack fallout
by shayaanby shayaanThe crypto market is trading back in familiar territory following a short-lived spike to its highest point since early February on Friday. …