DeFi News Hub

Shielded Labs proposed a new Zcash network upgrade that would let anyone verify the privacy coin's supply has not been secretly inflated, after disclosing that a recently patched bug in the network's main shielded pool could have allowed undetectable counterfeiting of ZEC. Shielded Labs, a... Read the full story at The Defiant

Anthropic says AI now writes most of its code and runs increasingly complex research tasks, leaving people to decide which problems are worth solving.

0x Protocol (a DEX aggregator API that has routed $180 billion in swap volume since 2017) opened its Cross-Chain API to general availability Wednesday. Twelve bridge providers are live from day one, accessible through a single API call. The partner list includes Circle, Chainlink, USDT0, Relay... Read the full story at The Defiant

Rep. Bryan Steil said he'll add language to the House congressional stock ban bill to cover prediction markets like Polymarket and Kalshi.

Arthur Hayes, co-founder of BitMEX and one of Hyperliquid's most vocal public supporters, has sold his entire positions in HYPE and NEAR Protocol. Hayes announced the exit on X on June 4, citing three macro headwinds he said altered his near-term risk calculus. "I just dumped my entire $HYPE and... Read the full story at The Defiant

Demand for peptides fueled by the "looksmaxxing" trend has spawned a $100 million gray market paid for primarily with crypto.

The Nobel Prize-winning AI researcher says humanity is standing in the "foothills of the singularity."

With Bitcoin falling hard this week and down nearly 50% from peak. Strategy's Michael Saylor is pointing the finger at the AI boom.

Tether investor Christopher Harborne and BitMEX co-founder Ben Delo’s outspent Britain's traditional political donors.

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Bernstein is bullish on Bitcoin miners as they increasingly power the AI boom, assigning “Outperform” ratings to TeraWulf and Cipher Digital.

Some of America's biggest companies helped squash crypto fraud stemming from organized crime in Southeast Asia.

US spot Bitcoin exchange-traded funds posted a 13th consecutive session of net outflows on Wednesday, stretching the longest withdrawal streak in the products' history and draining $4.4 billion from the cohort since May 15. The previous record stood at roughly seven consecutive outflow days —... Read the full story at The Defiant

Coinbase said a Michigan couple closed on the first-ever conventional, Fannie Mae-backed home mortgage by pledging Bitcoin as collateral.

BitMine Immersion Technologies (NYSE: BMNR) filed a preliminary prospectus with the SEC on Wednesday to raise up to $300 million through a new class of preferred stock carrying a 9.5% cumulative annual dividend paid weekly in cash. The structure mirrors the preferred-dividend instrument Strategy... Read the full story at The Defiant

Coinbase has launched pre-IPO perpetual futures on its International Exchange, listing SpaceX as the first underlying asset. The contracts are USDC-settled, trade 24/7 with no expiry, and are open to eligible users outside the United States, the company said in a blog post published June 3. The... Read the full story at The Defiant

Western Union has made its USDPT stablecoin available on Bybit's fiat channels in Latin America, the two companies announced Thursday. Bybit, which describes itself as the world's second-largest crypto exchange by trading volume with over 80 million users, is the first major crypto exchange to... Read the full story at The Defiant

Sky (formerly MakerDAO), the protocol behind the $11 billion USDS stablecoin, launched a fixed-yield product Wednesday that lets depositors lock in a set return to a named maturity date using Pendle's yield-tokenization infrastructure. The product, called Fixed Yield, is now live at... Read the full story at The Defiant

The teenager's research into Russia’s alleged illicit crypto flows appears to have prompted Moscow's retaliation.

Bitcoin has dropped 17% in four days, sparking $4.5 billion in liquidations, as analysts warn of a potential move below $60,000.

Bitcoin falls to $62k and Arthur Hayes selling his HYPE and NEAR position leads to double digit fallout for recent alt darlings.

The Treasury chief told senators the administration is using “best practices” in implementing Trump's Bitcoin reserve order.

Visa and stablecoin infrastructure company Brale are piloting settlement using SBC, a U.S. dollar-backed stablecoin issued by Brale, on the Canton Network — the permissioned-but-privacy-preserving blockchain built by Digital Asset for regulated financial institutions. The two companies announced... Read the full story at The Defiant

Elon Musk's aerospace company SpaceX is set to IPO, with current estimations making him the world's first trillionaire on its completion.

The offering would tie fixed cash dividends to a staking-heavy ETH treasury model as Strategy’s preferred stock remains under pressure.

A new study finds that leading AI models often encourage emotional attachment, portray themselves as human, and fail to maintain clear boundaries.

Founder Charles Hoskinson was brutally honest about the troubles the Cardano ecosystem could face as the market continues declining.

Deel, the global payroll and compliance platform serving 40,000 businesses and 1.5 million workers across 150-plus countries, has tapped Stripe's full crypto-infrastructure stack to launch DLUSD, a USD-denominated stablecoin balance contractors can hold, earn rewards on, and spend without leaving... Read the full story at The Defiant

Pendle's PENDLE token went live on Revolut on Wednesday, the yield-tokenization protocol said in a post on X, giving roughly 20 million crypto traders across the UK and the European Economic Area direct access to PENDLE through Europe's largest fintech app. PENDLE was little changed at $1.36 with a... Read the full story at The Defiant

Holders will be able to do more with their gold, instantly spending Tether's tokenized version anywhere Visa is accepted.

Researchers found professors preferred AI-generated answers over those written by their peers, raising questions about the role of AI in professional education.

Until now, the only way to run Hermes was through a terminal—or one of several unofficial GUIs the community had cobbled together.

Physical Casascius coins were minted 15 years ago in the early days of Bitcoin—and the BTC held within is worth a whole lot more today.

Revolut plans to open a US bank in 2027 that will pair FDIC-insured accounts with stablecoin services in the same app. US chief executive Cetin Duransoy disclosed the plan in a Reuters interview on Wednesday. The British neobank counts 70 million customers globally and was valued at $75 billion in... Read the full story at The Defiant

The Hyperliquid, the largest decentralized perpetuals exchange by volume, is share of global perpetual futures volume jumped in June. Hyperliquid's share of monthly perps against global exchanges, including centralized exchanges, jumped to an all-time high of 7.5% in June from 6.6% in May, on track... Read the full story at The Defiant

The company's new hybrid inference system routes AI tasks between your device and the cloud automatically. Privacy and cost savings are the pitch—and lower server bills.

ETH just crashed below $2,000 and is now trading near $1,841. Prediction markets place a 71% chance on a drop to $1,500—and the charts aren't pushing back.

Bitcoin fell to a more than two-month low alongside U.S. stocks after Middle East skirmishes pushed bond yields and oil prices higher.

Law enforcement agencies are warning soccer fans of fake ticket sites and crypto payment schemes around the World Cup.

With its new portable memory layer, Walrus Memory lets AI agents carry context across apps, sessions and providers—putting users in control.

Mastercard said it's deepening its commitment to the "always-on" economy, buffing out its stablecoin settlement capabilities.

Bitcoin slid below $66,000 in early Wednesday trading and traded as low as $65,372 before rebounding above $67,000, capping a 6% one-day drop that has erased the price action of the last two months and pushed the world's largest cryptocurrency 47% below its October all-time high. BTC spot was... Read the full story at The Defiant

Former Stripe engineer Saikat Chakrabarti lost his bid to succeed Nancy Pelosi in California to a candidate backed by Ripple's Chris Larsen.

TapTools, the four-year-old analytics and price-tracking platform that became the default front-end for trading and project discovery on Cardano, said on X on Tuesday that it will wind down operations over the next two weeks after a fifth senior executive departure left it without the technical... Read the full story at The Defiant

With STRC trading under $100, experts are at odds over whether the sale has exposed a “structural crack” in Strategy’s Bitcoin flywheel.

A Zcash vulnerability could have allowed double-spending within the network's flagship privacy pool, though no exploitation occurred.

An attacker drained roughly $7.3 million from more than 1,400 legacy liquidity-provider positions sitting in old DxSale locker contracts on BNB Chain, security firms PeckShield and Coinsult flagged on May 29, a drain made possible not by a smart-contract bug but by a silent ownership transfer... Read the full story at The Defiant

Mastercard on Tuesday opened its global card-settlement network to regulated stablecoins, allowing issuers and acquirers to clear card transactions onchain across eight blockchains and adding intraday, weekend and holiday settlement cycles for the first time. The company announced the expansion in... Read the full story at The Defiant

Binance, the world's largest crypto exchange by trading volume, will shut its centralized NFT marketplace on July 3 and migrate the service into its self-custody Binance Wallet, the company said in an announcement published Wednesday, closing the last major centralized-exchange NFT venue still... Read the full story at The Defiant

MoonPay's new desktop app connects AI assistants to crypto wallets and blockchain services through a graphical interface.

The fallout from Saylor’s first Bitcoin sale in years keeps spreading, while Bernie Sanders and Elizabeth Warren want crypto out of your 401(k).

The vulnerability in Trezor's TROPIC01 Secure Element chip was uncovered by an audit carried out by the Ledger Donjon team.

A coalition of 160 former U.S. national-security, intelligence and law-enforcement officials urged the Senate on Tuesday to pass the Digital Asset Market Clarity Act, casting the bill as a national-security upgrade rather than an industry favor. The letter, organized by the Blockchain Association,... Read the full story at The Defiant

Franklin Templeton plugged its BENJI tokenized money-market fund into MoonPay Trade on Tuesday, opening an onchain path for institutional users to swap supported stablecoins directly into shares of the asset manager's US government money fund and back without leaving the blockchain. The... Read the full story at The Defiant

The Sui Foundation on Sunday published a post-mortem on the three mainnet outages that took its Layer 1 down on May 28 and 29, pinning the first two halts on a gas-charging bug introduced by the v1.72 "address balances" upgrade and the third on a separate randomness-state fault exposed when... Read the full story at The Defiant

The U.S. Treasury Department's Office of Foreign Assets Control added Nobitex, the largest cryptocurrency exchange in Iran, and three other Tehran-based digital-asset platforms — Wallex, Bitpin and Ramzinex — to its Specially Designated Nationals list on Tuesday, naming them as the rails the... Read the full story at The Defiant

Polymarket, the world's second-largest prediction market by trading volume, today completed the first institutional block trade ever executed on-chain in the prediction-market category — a six-figure transaction between prime broker FalconX and AI-risk clearinghouse AneraLabs that hedges exposure... Read the full story at The Defiant

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Coinbase Ventures has bought ENA tokens on the open market rather than through a discounted private round, the venture arm's first such disclosed purchase, as the parent exchange and synthetic-dollar issuer Ethena announced a separate partnership to push onchain finance and savings products to... Read the full story at The Defiant

A U.S. federal court reversed the freeze on Zama's confidential USDC contract on Monday, restoring access to roughly $12.5 million in USDC that Circle had blacklisted on May 30 under a temporary restraining order tied to an Overnight Finance treasury suit. Zama co-founder and CEO Rand Hindi... Read the full story at The Defiant

Securitize on Tuesday launched a tokenized version of Hamilton Lane's Senior Credit Opportunities Fund, known as HLSCOPE, on the TRON blockchain, the first asset the tokenization platform has ever issued on the stablecoin-heavy network, the two companies said in a joint announcement. The launch... Read the full story at The Defiant

OpenSea, the largest NFT marketplace by historical volume, signaled it is preparing to launch perpetual futures powered by Hyperliquid, in a post on X from Product Marketing Lead Zack Brenner on Sunday asking who wanted early access. Brenner replied "YES" when a user asked whether the product would... Read the full story at The Defiant

Robinhood Markets closed its acquisition of Toronto-listed WonderFi Technologies on Monday, taking direct control of Canada's two longest-running regulated crypto platforms, Bitbuy and Coinsquare, and entering the Canadian market without building a single line of new product code. The all-cash deal... Read the full story at The Defiant

A team of Ethereum researchers published a design plan on Monday to start protecting the network's validators from future quantum computers. Led by Thomas Coratger, it is the first concrete proposal to move Ethereum's roughly 1 million validators off the cryptography they rely on today — the same... Read the full story at The Defiant

Galaxy, the Nasdaq-listed digital assets firm with a $12 billion market cap, launched an institutional over-the-counter prediction-markets desk on Tuesday, kicking it off with a $10 million event swap on Kalshi that lets crypto hedge fund Arca position itself on the passage of the Digital Asset... Read the full story at The Defiant

MoneyGram launched MGUSD on Tuesday, a U.S. dollar-backed stablecoin native to the Stellar blockchain, making the 85-year-old remittance operator the first global cash-payments network to issue its own dollar token on a public chain. The company announced the launch from Dallas and Amsterdam at 5... Read the full story at The Defiant

Ethereum co-founder Vitalik Buterin on Monday proposed rebuilding decentralized finance on options contracts instead of collateralized debt, a shift that would eliminate forced liquidations and let synthetic assets run on slow, prediction-market-style oracles rather than the real-time price feeds... Read the full story at The Defiant

A Polymarket contract that drew more than $60 million in trading volume is sitting in UMA's optimistic-oracle queue after two proposed "No" resolutions on the question "MicroStrategy sells any Bitcoin by May 31, 2026?" were challenged, sending the dispute to a token-weighted vote. The trigger is a... Read the full story at The Defiant

Telegram founder Pavel Durov said on Monday that The Open Network's native cryptocurrency will be renamed from Toncoin to Gram over the next three weeks, in a post to his personal Telegram channel that revives the 2018 whitepaper name the SEC blocked six years ago. "TON's native currency is... Read the full story at The Defiant

Anchorage Digital, the only federally chartered crypto bank in the United States, is positioning its Atlas settlement network as a coordinated multiparty settlement layer for institutional trading on non-custodial DeFi venues — beginning with Hyperliquid, Lighter, and Aave — letting buy-side firms... Read the full story at The Defiant

Radiant Capital, the cross-chain lending protocol that lost $50 million in an October 2024 attack later attributed by Mandiant to a North Korean state hacking group, has bled out to an operational husk. The protocol holds $2.21 million in total value locked across Arbitrum, Ethereum, Base, and BNB... Read the full story at The Defiant

House of Doge, the corporate arm of the Dogecoin Foundation, and Paxos said Monday they will integrate Dogecoin into Paxos's enterprise crypto brokerage and custody platform, in a June 1 announcement that puts the meme coin one product decision away from the consumer apps Paxos already serves. The... Read the full story at The Defiant

The Kelp DAO bridge hacker has laundered nearly all of the roughly $220 million in unfrozen funds left from April's $292 million LayerZero exploit, with on-chain analysts at Arkham Intelligence tracking only about $1.7 million still parked in the original exploiter wallet. The drain through privacy... Read the full story at The Defiant

A security startup said it intends to publicly release exploit code for unpatched THORChain vulnerabilities in the coming days, after the cross-chain protocol patched an earlier critical bug the firm had disclosed without crediting or paying it. V12, a startup that builds an automated code-auditing... Read the full story at The Defiant

Binance on Monday opened zero-commission trading in more than 7,000 U.S.-listed stocks and exchange-traded funds to eligible customers outside the United States, and said a tokenization layer called bStocks will follow on its BNB Chain in the coming weeks, according to the company and an exclusive... Read the full story at The Defiant

Strategy sold 32 bitcoin for about $2.5 million between May 26 and May 31, earmarking the proceeds to fund cash distributions on its preferred stock, the company disclosed in an 8-K filing Monday. The sale was executed at an average net price of $77,135 a coin and leaves Strategy holding 843,706... Read the full story at The Defiant

Citi projected the global market for tokenized securities will reach $5.5 trillion by 2030, up from roughly $17 billion today, in a Global Perspectives & Solutions report titled Tokenization 2030: Wall Street On-Chain released Monday ahead of the Proof of Talk conference in Paris. The base case... Read the full story at The Defiant

The Cardano Foundation said it will cancel the Cardano Summit 2026 after a treasury vote to fund the Singapore event with 7.8 million ADA closed just short of the two-thirds supermajority required to release network funds. Yes votes drew 65.21% of participating delegated representative stake when... Read the full story at The Defiant

Gnosis Pay, the self-custodial Visa debit card built on Gnosis Chain that lets users spend stablecoins directly from their own Safe wallets, was hit by an active exploit targeting the "delay module" that controls its card accounts, co-founder Martin Köppelmann said in a post on X on Monday. Gnosis... Read the full story at The Defiant

Argentina's Buenos Aires Public Prosecutor's Office said it arrested 24 people and seized more than 8 million USDT in a nationwide sweep it called "Fake Coins," one of the largest crypto-enforcement actions in the province's history. The 90 simultaneous raids, executed by the Argentine Federal... Read the full story at The Defiant

Alephium, a proof-of-work Layer 1 that runs a private fork of the Wormhole bridge, lost about $815,000 across Ethereum and BNB Chain on Friday after an attacker pushed forged messages through the bridge backend and out the other side as legitimate-looking transfers, according to the team. Alephium... Read the full story at The Defiant

Polymarket has signed an exclusive partnership with OneFootball, the Berlin-based digital football platform, opening a distribution channel to a user base that the company says reaches more than 645 million fans worldwide and 200 million monthly active users, roughly two weeks before the 2026 FIFA... Read the full story at The Defiant

Wintermute, a London-based algorithmic trading firm with more than $3.5 trillion in annual trading volume, said on Friday it is now providing two-sided liquidity on prediction markets, becoming the latest institutional market maker to plug into a sector that has cleared more than $60 billion in... Read the full story at The Defiant

Circle blacklisted the smart-contract address behind Zama's confidential USDC token on Friday, locking roughly $12.6 million of stablecoins inside a privacy protocol that is not itself the target of any litigation. The freeze hit Zama's cUSDC wrapper, an ERC-1967 proxy that pools USDC on behalf of... Read the full story at The Defiant

CME Group announced Friday that its cryptocurrency futures and options products are now available 24/7, eliminating previous trading hour restrictions. The move expands access to CME's crypto derivatives lineup, which includes Bitcoin and Ethereum contracts, to traders seeking continuous market... Read the full story at The Defiant

A request from the Arbitrum Foundation for a funding package worth about $45 million at current prices is heading to its first vote this week, drawing pushback from delegates and analysts who say the ask outpaces the revenue the network generates for token holders. The Foundation, the legal wrapper... Read the full story at The Defiant

Sui, the 31st-largest cryptocurrency by market value, said its mainnet is processing transactions again after two halts in two days knocked the Layer 1 blockchain offline, with validators rolling out what the team described as a long-term fix. Activity resumed and transactions are "flowing... Read the full story at The Defiant

The Commodity Futures Trading Commission approved the first bitcoin perpetual futures contract on a registered U.S. exchange on Friday, clearing a product that American traders have long had to access on offshore venues. The agency issued an Order for Approval to KalshiEX, a designated contract... Read the full story at The Defiant

Jeff Sprecher, founder and chief executive of Intercontinental Exchange, the roughly $90 billion exchange giant that owns the New York Stock Exchange, called decentralized exchange Hyperliquid "bigger than Nasdaq" at an investor conference this week, a rare endorsement of a crypto-native venue from... Read the full story at The Defiant

Base, the Layer 2 blockchain incubated by Coinbase, activated its Azul network upgrade on mainnet this month, marking the chain's first independent protocol upgrade and a significant step toward Stage 2 decentralization. The upgrade launched on Base Sepolia testnet on April 21 and was targeted for... Read the full story at The Defiant

Tempo, a Layer 1 blockchain incubated by Stripe, has processed 3.9 million transactions across 177,000 addresses since mainnet launched on March 18, according to data shared by Dune Analytics. The chain's native TIP-20 stablecoin standard now supports circulating supply exceeding $25M across... Read the full story at The Defiant

Crypto liquidations reached $934.24 million in a 24-hour period, wiping out approximately 167,400 leveraged trading accounts. Bitcoin liquidations accounted for $363 million of the total, while Ethereum saw $240 million in closed positions. The largest single liquidation—a $15.34 million Bitcoin... Read the full story at The Defiant

Vitalik Buterin announced his endorsement of Interfold, a privacy-preserving protocol optimized for on-chain voting and secret-ballot auctions that implements concepts he has advocated for nearly a decade. ' The protocol uses a threshold encryption key, zero-knowledge proofs to verify voter... Read the full story at The Defiant

Cash App, the payments platform owned by Block, the financial technology company co-founded by Jack Dorsey, launched support for sending and receiving USDC on Wednesday, offering fee-free stablecoin transfers across four blockchain networks with no separate wallet or crypto setup required. Users... Read the full story at The Defiant

OpenZeppelin, a smart contract security firm whose libraries underpin most DeFi protocols, pushed back Tuesday against a viral post by its co-founder and former CTO declaring all of DeFi fundamentally unsafe, clarifying that the claims do not represent the company's position. Manuel Aráoz, who... Read the full story at The Defiant

Aztec Labs has acquired Obsidion, the team behind ZKPassport, a privacy-preserving identity verification protocol built on zero-knowledge cryptography, according to a press release published Wednesday. Obsidion co-founders Michael Elliot and Theo Madzou join Aztec Labs along with their team. The... Read the full story at The Defiant

SoFi Technologies, a publicly traded US neobank, has made SoFiUSD available inside its banking app for 14.7 million members, the company said in a press release published Wednesda. Members can now buy, sell, hold, and convert SoFiUSD directly within the SoFi app. Full availability is expected by... Read the full story at The Defiant

Mastercard, the world's second-largest card payment network, has secured a BitLicense from the New York State Department of Financial Services, a key regulatory clearance as the company moves to support stablecoin and tokenized deposit settlement across its global infrastructure. The license was... Read the full story at The Defiant

The Depository Trust & Clearing Corporation, the post-trade infrastructure firm whose subsidiaries processed $4.7 quadrillion in securities transactions in 2025, plans to connect its tokenization service to the Stellar public blockchain. Both firms announced the deal Wednesday, with DTC-tokenized... Read the full story at The Defiant

A hacker compromised StakeDAO's deployer private key on Wednesday, minting 5.4 trillion vsdCRV tokens on Arbitrum and swapping a portion for roughly $91,000 worth of ETH, an attack that rippled into Curve Finance's lending market and forced yield optimizer Beefy Finance to pause an affected vault.... Read the full story at The Defiant