DeFi

Sky, formerly known as MakerDAO, is considering potential additional brand adjustments based on community feedback on its recent rebrand. The protocol’s co-founder, Rune Christensen, has proposed three possible courses of action to address concerns over…

Crypto lender Ledn has reported processing $506 million in loan transactions during the third quarter, with $437.7 million issued to institutional clients and $68.9 million to retail clients. The surge in retail loans is credited…

Kraken has recently introduced a new product called kBTC, which is a fully-backed, cross-network-compatible ERC-20 token representing Bitcoin. Each kBTC token is backed 1:1 by an equivalent amount of Bitcoin, securely stored in Kraken’s custody.…

Cosmos developers are urgently working to remove the Liquid Staking Module (LSM) from the Cosmos Hub after discovering that it was developed in part by North Korean actors, raising serious security concerns. The LSM, which…

World Liberty Financial, a DeFi project backed by the Trump family, has successfully secured over 100,000 accredited US investors for its WLFI token presale whitelist, set to take place on October 15. The project aims…

Former President Donald Trump’s World Liberty Financial (WLF) DeFi project has submitted a proposal to Aave DAO that could potentially add over $100 million in revenue to the lending protocol’s treasury. The proposal aims to…

Blockchain security firm Scam Sniffer recently reported that a crypto whale’s address was drained of 15,079 fwDETH, valued at approximately $36 million, in a phishing scam. Data from Arkham Intelligence suggests that the phished address…

VanEck remains optimistic about Bitcoin’s outlook for the fourth quarter, citing strong macroeconomic support and institutional inflows. However, there are concerns about Ethereum’s struggles with market share and declining fee generation. In September, Bitcoin surged…

Grayscale has announced the launch of the Grayscale Aave Trust, a crypto investment fund focused on the DeFi lending protocol Aave. This news has caused Aave’s token (AAVE) to see a 3% increase in value…

A recent ruling by a US judge in the Southern District of New York has determined that software code used in crypto protocols like Tornado Cash does not qualify for First Amendment protection. The decision,…