The growing use of automated yield strategies on blockchains like Ethereum and Solana faces a defining legal test after SEC Commissioner Hester …
Vaults
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Markets
Balance stablecoin collapses 99% after $1 million exploit drains its bitcoin vaults
by shayaanby shayaanAn attacker fed the lending system a fake, abnormally low bitcoin price, liquidated vaults that should have been safe, and pocketed the …
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Sentora has launched curated DeFi vaults on the Stellar network. The vaults are available through Stellar DeFi Hub, a service operated by …
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The crypto financial services firm launched Galaxy Curator, a Morpho-based platform that gives Fireblocks’ 2,400 institutional clients access to onchain yield strategies. …
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Aave Labs, the organization behind the largest decentralized lending platform Aave AAVE$90.43, is rolling out vaults to help fintech companies offer yield …
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Markets
DeFi protocol Summer.fi halts Lazy Summer vaults after $6 million exploit
by shayaanby shayaanThe protocol’s SUMR token fell by over 18% after the incident. www.coindesk.com
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DeFi
Privy Teams With Stripe to Let Developers Issue Debit Cards Tied to DeFi Vaults
by shayaanby shayaanPrivy, a provider of embedded wallet infrastructure for cryptocurrency applications, has announced a partnership with Stripe that will enable its developer clients …
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US-based BitGo, a crypto custody and infrastructure provider, unveiled plans for a decentralized finance (DeFi) vault product with Paris-based Morpho as its …
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DeFi
Coinbase Adds Two USDC Lending Vaults on Morpho, With a Choice of Risk Tier
by shayaanby shayaanCoinbase this afternoon launched two onchain $USDC lending vaults built on Morpho and curated by Steakhouse Financial, giving users their first choice …
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Regulation
Crypto Council for Innovation launches coalition to push for regulatory clarity on vaults
by shayaanby shayaanA new coalition is forming, focused on crypto vaults, an increasingly popular mechanism for depositing digital assets and earning yield. On Friday, …