DeFi

Stream Finance Collapse Sparks Major DeFi Stablecoin Vault Crisis

The collapse of Stream Finance caused a chain reaction, impacting various decentralized finance (DeFi) projects.Depositors in affected vaults faced losses, with some vaults on...

SUI Token Drops 9.2% After $116M Balancer DeFi Hack Fallout

The native token of the Sui blockchain, SUI, dropped sharply on Tuesday after falling below key support levels.SUI’s price fell 9.2%, reaching as low...

Balancer DeFi Hack Hits $129M Across Multiple Blockchains

Balancer suffered a smart contract exploit affecting its v2 liquidity pools across multiple blockchains.The ongoing hack has resulted in losses totaling approximately $129 million.The...

Japan Launches Yen-Backed Stablecoin to Boost DeFi Lending

Japan launched Asia’s first fully convertible yen-backed stablecoin, JPYC, enabling global circulation.The yen’s full convertibility supports a new blockchain-based carry trade linking DeFi yields...

USD.AI Bridges DeFi and AI with GPU-Backed Stablecoin Loans

A new stablecoin protocol converts crypto liquidity into loans for GPUs used in Artificial Intelligence (AI). The protocol’s synthetic dollar, USD.AI, is backed...

Crypto.com to Launch DeFi-Backed Loans in Morpho Partnership

crypto.com will offer customers loans backed by their cryptocurrency deposits.Lending protocol Morpho will power these loans and operate on the Cronos blockchain.The initiative follows...

Société Générale Integrates Stablecoins With DeFi Via Morpho

Société Générale enabled its euro and dollar stablecoins to work with major decentralised finance (DeFi) protocols.The bank’s institutional clients can now use Uniswap for...

Plasma DeFi Surges to $4B in Deposits on Launch, XPL Soars 30%

Plasma, a blockchain from Bitfinex’s sister company, attracted $4 billion in deposits within 24 hours of launch.Token incentives are fueling rapid growth, with the...

Latest news

Michael Burry Adds to PayPal Stake Amid AI Frenzy

Famed 'The Big Short' investor Michael Burry announced he increased his stake in Paypal (PYPL) in a post on...

Bitcoin Mining Difficulty Sees 10% Drop, Easing Miner Pressure

Bitcoin mining difficulty plunged by 10.09% on Sunday, marking the network's 11th-largest downward adjustment.The drop comes as Bitcoin's price...

Micron Stock Bull vs. Bear Debate Intensifies Amid AI Rally

Micron's stock soared over 900% in a year, briefly reaching a trillion-dollar valuation, driven by AI-fueled demand for its...