DeFi

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,…

Leveraged prediction markets for Polymarket betting have recently launched on the Polygon mainnet through the D8X exchange. This new product allows users to place leveraged bets on various events, including the 2024 US presidential election…

Several key points were highlighted in a recent report by Lido Finance regarding the performance of its total value locked (TVL) and other metrics over the past week. The TVL of Lido Finance increased by…