Ondo Finance is bringing tokenized equities closer to their traditional counterparts, offering investors a way to participate in corporate governance. The feature, …
Million
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Markets
Galaxy Digital leads $20 million investment in Fence to overhaul back end of $6 trillion credit market
by shayaanby shayaanStartup Fence uses blockchain technology and tokenization in the background to automate processes that many asset managers still rely on manual workflows. …
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DeFi
APE Insider Adds to Lido DAO Long, Bringing Position to 10.26 Million LDO Worth $4.58M
by shayaanby shayaanAn onchain trader previously flagged by analysts at Lookonchain as the wallet behind a profitable Apecoin insider trade has expanded a Lido …
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Smart Contracts
Aave-Led ‘DeFi United’ Relief Effort Raises $300 Million to Cover Kelp DAO Exploit Losses
by shayaanby shayaanIn short As of Monday, DeFi United has received enough contributions to potentially restore rsETH, receiving contributions worth $303 million. The coordinated …
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Scams
Publicly Traded Strive Buys $60 Million in Bitcoin, Plans BTC Business Summit
by shayaanby shayaanIn brief Publicly traded Strive Inc. purchased an additional 789 Bitcoin for its treasury. The purchase brings Strive’s total Bitcoin holdings to …
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Luxor Technology Corporation has expanded its partnership with MicroBT through a $100 million commitment to buy WhatsMiner bitcoin mining rigs. The deal …
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DeFi
Aave Takes Action to Resolve $290 Million Hack Crisis – Will Donate a Large Amount of ETH
by shayaanby shayaanAs recovery efforts in the DeFi ecosystem accelerate following the KelpDAO-related rsETH crisis, Aave DAO has taken a notable step. According to …
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Smart Contracts
Tom Lee’s BitMine Buys Another $23 Million in ETH From Ethereum Foundation
by shayaanby shayaanIn short The Ethereum Foundation said it agreed to sell more than $23 million worth of ETH to BitMine Immersion Technologies. This …
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Markets
Aave raises nearly 80% of the $200 million it needs to cover bad debt left by Kelp DAO exploit
by shayaanby shayaanBlockchain analytics platform Arkham said that the largest contributors are Mantle and Aave DAO, having raised a combined $127 million. www.coindesk.com
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Markets
Freezing 5.6 million dormant bitcoin could trigger ‘worst’ single-day repricing
by shayaanby shayaanMaximalists warn freezing 5.6M BTC risks instant sell-offs, while others say quantum threats leave no alternative. www.coindesk.com