DeFi

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 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...

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 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 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, 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 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...

The value locked in Ethereum's decentralized finance (DeFi) economy is close to $100 billion.The total amount of stablecoins on Ethereum has almost doubled since...