DeFi
DeFi

How tokenized stocks fail as collateral even when the stock price does not move

DeFi lending protocol Edel disclosed a $403,000 exploit that hit the layer where tokenized stocks are trying to become DeFi…
DeFi

SBI Crypto to shut down mining pool that holds roughly 2% of Bitcoin's hashrate

Miners must redirect their hashrate before the July 31 cutoff, as the pool will stop accepting contributions after that date.…
Data

EToro invests in onchain derivatives platform Extended as brokers race into DeFi

The broker plans to bring perpetual futures into Zengo wallet and expand DeFi products to its core platform as rivals…
DeFi

Robinhood’s expanding crypto bet meets a faster-moving prediction market boom

Robinhood is pushing deeper into crypto infrastructure with the launch of its own blockchain network, tokenized stocks and decentralized lending…
AI

Robinhood Launches Public Mainnet for Robinhood Chain

The brokerage’s Arbitrum-based layer 2 goes live with tokenized stock trading, a 7% USDG lending product, and AI-powered crypto trading.…
DeFi

SBI Crypto shuts Bitcoin mining pool after 5-year run

SBI Crypto will shut down its Bitcoin mining pool on July 31 after more than five years, ranking 12th globally…
DeFi

Yield-bearing stablecoin slowdown ends 3-year run for crypto-native products

Yield-bearing stablecoin supply fell 15% in Q2 as sUSDe and sUSDS contracted, while Treasury-backed products including BUIDL, USYC and USDY…
DeFi

Coinbase helped build USDC – Why is it now backing the stablecoin trying to replace it, Open USD?

The stablecoin market has long rewarded the companies that issue digital dollars. They take in customer cash, hold reserves in…
DeFi

Solana Foundation launches framework for protocol-level governance

The Solana Foundation launched a framework for protocol-level governance, enabling validators with at least 100,000 delegated SOL to publish new…
DeFi

Circle CEO says Open USD must break USDC’s network effect before its 140 backers matter

Allaire says the stablecoin fight will hinge on liquidity, integrations and regulated usage once OUSD goes live. The post Circle…