DeFi

Sonic Labs Raises $10M From Galaxy to Boost U.S. DeFi Growth

Sonic Labs secures $10 million from Galaxy to support its DeFi ecosystem and U.S. expansion.The partnership aims to boost institutional adoption of decentralized finance,...

Scammers Buy Abandoned DeFi Domains to Deploy Malicious Drainers

Scammers are purchasing expired domains of abandoned DeFi projects and replacing legitimate interfaces with malicious "drainer" transactions.This passive tactic targets users returning to withdraw...

Trump Repeals IRS Rule Requiring DeFi Platforms to Report Transactions

President Trump has signed a resolution that repeals a DeFi reporting rule to the IRS.The repealed rule would have required decentralized finance platforms to...

EU’s MiCA architect opposes MiCAR 2, cites DeFi regulation challenges

Peter Kerstens, who helped develop Europe's MiCA crypto regulations, questions the need for MiCAR 2, suggesting it's primarily being pushed by the European Central...

ZKLend Hacker Falls Victim to Phishing, Loses Stolen DeFi Millions

A Hacker who stole 3,600 ETH from ZKLend claims to have lost 2,930 ETH to a fake Tornado Cash phishing website.The original theft occurred...

Ethereum DeFi Protocol SIR.trading Loses $355k TVL to Smart Contract Hack

Ethereum DeFi protocol SIR.trading lost its entire $355,000 TVL in a March 30 hack targeting a vulnerability in its contract vault.Security firms identified the...

US Senate Votes to Kill Biden-Era DeFi Tax Reporting Rule

US Senate passed a resolution with a 70-28 vote to repeal the IRS DeFi broker rule targeting crypto reporting.The resolution will next head to...

SEC to Host Four More Crypto Roundtables on Tokenization and DeFi

The SEC's Crypto Task Force will hold four additional roundtable discussions this spring on topics including crypto trading, custody, tokenization, and DeFi.Commissioner Hester Peirce...

Latest news

Florida Man Funds Bitcoin Buys via IRS Tax Payment Plan

A Florida man used his tax liability to purchase Bitcoin, opting for an IRS payment plan to pay the...

Bitcoin Serves as ‘Canary in Coal Mine’ for Risk

Bitcoin is acting as a leading indicator, signaling broader market risk-off sentiment before equities like the Nasdaq follow.Strong U.S....

Meta Expands AI Data Use for Feeds, Chatbots

Meta will now use data from other businesses to personalize user feeds and AI chatbot responses, expanding beyond targeted...