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President Trump has signed a resolution that repeals a DeFi reporting rule to the IRS.The repealed rule would have required decentralized finance platforms to...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

Senator demands Tether records on Hines deal

Sen. Richard Blumenthal has demanded Tether hand over records on its dealings with Bo Hines and Nxum by Nov....

k0t Campaign Exploits Fortinet and Palo Alto Firewalls

A large-scale campaign targeting Fortinet and Palo Alto Networks firewalls has been disclosed, with threat actor k0t linked to...

BRICS Drops De-Dollarization, Vows Not Anti-Western

India opposes de-dollarization but supports using local currencies for cross-border trade Russian Ambassador Denis Alipov says BRICS is not anti-Western...