DeFi

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...

ASTER Hits All-Time High as Binance Listing Fuels DeFi Rivalry

ASTER reached a new all-time high following a strong weekend and its recent listing on Binance.The token surged after support from Changpeng “CZ” Zhao...

Latest news

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...

a16z Drops ‘Crypto’ From Its Fund Name

Andreessen Horowitz rebranded its crypto fund to a16z Frontier, expanding into AI and biology while pledging continued crypto investmentBitcoin...