Stablecoins
DeFi

Aave DAO Asked to Commit 25,000 ETH to Industry-Wide rsETH Recovery Fund

The Aave DAO is voting on a proposal to provide funding to restore Kelp DAO’s rsETH product backing after an…
Stablecoins

DOJ Drops Criminal Probe of Fed Chair Powell, Clearing Path for Warsh

Bitcoin Magazine DOJ Drops Criminal Probe of Fed Chair Powell, Clearing Path for Warsh The Department of Justice closed its…
Stablecoins

Trump's DOJ drops probe that stood in way of president's pick to run Federal Reserve

The Justice Department passed an investigation of Fed Chair Jerome Powell to the Fed’s own inspector, which could clear a…
Markets

Lighter Unveils Multi-Asset Margin Starting With ETH

Traders can post non-USDC assets as collateral for perps through Unified Trading Accounts, with conservative supply caps at launch. Read…
Payments

Morning Minute: Soldier Arrested for $400K Polymarket Insider Bet on Maduro Raid

Trump says the whole world’s a casino. Tether made its biggest enforcement freeze ever. And SBF drops his new trial…
DeFi

Aave Rallies DeFi Partners to Restore rsETH Backing After KelpDAO Exploit

Aave launched “DeFi United” with commitments from Lido, EtherFi, Ethena, and others to cover the rsETH shortfall created by the…
DeFi

Aave Announces 'DeFi United' Relief Fund to Restore rsETH Backing After Kelp Exploit

Lido is the first service provider to publicly announce its participation in the relief fund via a governance proposal requesting…
Institutional

US Bankers association push for 60 day pause to stop stablecoin rules going live

US banking groups are pressing regulators to slow parts of the federal rollout of the GENIUS Act, opening a new…
Payments

Tether Freezes $344M USDT in Coordination with U.S. Law Enforcement

The stablecoin issuer says it has now supported more than 2,300 cases worldwide, including over 1,200 with U.S. agencies. Read…
DeFi

Circle Proposes Emergency Rate Changes to Unstick Aave's Frozen USDC Pool

Stablecoin issuer argues Aave’s interest rate curve is failing to clear the $1.89B pool after four days at full utilization.…