DeFi

Native USDC and CCTP V2 Launch on Sonic, Boosting DeFi Access

Native USDC and CCTP V2 have been activated on the Sonic network, shifting from the Bridged USDC Standard to a native model. The upgrade boosts...

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President Trump has signed a resolution that repeals a DeFi reporting rule to the IRS.The repealed rule would have required decentralized finance platforms to...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

Latest news

CISA adds Arista, Collabora bugs to exploited list

CISA added two critical vulnerabilities to its Known Exploited Vulnerabilities catalog, citing active exploitation targeting cryptocurrency wallets.The flaws affect...

ARK trims Palantir, Alphabet, Cloudflare; adds biotech

Cathie Wood-led Ark Invest trimmed stakes in Palantir, Alphabet, Shopify, Cloudflare, and other tech names across several ETFs on...

IRS to Cut Penalties, Speed Up Crypto Tax Disclosure Program

The IRS is overhauling its voluntary disclosure program, targeting lower penalties and faster resolution of tax violations, including those...