DeFi News
Latest DeFi News
News
Galaxy Ventures‑backed Boundary Labs is preparing to launch USBD, an over‑collateralized Ethereum stablecoin that swaps monthly attestations for continuous on‑chain verification of reserves and net asset value while pushing yield into a separate sUSBD token aimed at institutional risk‑takers. Boundary…
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A logic bug in Huma’s legacy V1 Polygon credit pools let an attacker drain about $101,400 in USDC, but its Solana‑based PayFi V2 and PST token remain structurally unaffected. Huma Finance has disclosed that its legacy V1 contracts on Polygon…
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USDG, still issued by Paxos Singapore and regulated by MAS, will remain in market as one of many institutionally backed dollars as regulators, banks and VCs push toward a fragmented, multi‑issuer “economic OS.” Anchorage Digital, the first federally chartered crypto…
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Australia is weighing a capital gains tax overhaul that would scrap the long‑standing 50% discount on assets held more than a year and replace it with an inflation‑indexed system, a shift that could materially raise tax bills for crypto and…
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Polymarket now hosts “tweet markets” on Elon Musk’s weekly post count, turning his X activity into on‑chain micro‑event data with wild intraday probability swings. Elon Musk’s tweet count is no longer just a social media curiosity — it is a…
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CoW DAO approved CIP‑86 to offer discretionary grants of up to 100% to victims of April’s cow.fi domain hijack, with detailed claims due by May 14 and payouts targeted by May 31. CoW DAO has formally approved a user compensation…
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FOCIL, Verkle Trees and account‑abstraction upgrades have moved to Hegotá, turning it into a late‑2026 “cleanup and hardening” fork while leadership changes in Ethereum’s Protocol Cluster steer the longer Strawmap roadmap. The Ethereum Foundation has published a new protocol update…
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Bitcoin briefly reclaimed $82,000 on Gate with a 0.81% daily gain, keeping price pinned near the top of its recent range as prediction markets and derivatives data still point to muted volatility. According to Gate market data, the BTC/USDT pair has broken…
Markets
Osmosis is debating a merger with Cosmos Hub via a 1.998 OSMO‑for‑0.0355 ATOM swap funded by DEX revenue, raising existential questions for OSMO, ATOM and the broader IBC DeFi stack. Osmosis (OSMO) jumped 185% in 24 hours on May 11, reigniting…
Markets
SUI jumps 31% as Nasdaq-listed holder triggers ‘classic’ supply shock, before settling down to $1.29
SUI jumped about 31% after Nasdaq‑listed SUI Group moved 108.7m SUI into staking, tightening a float that’s already ~74% locked and sending open interest above $620m. SUI (SUI) ripped higher by about 31% over the last 24 hours to trade…
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BNY is launching institutional Bitcoin and Ether custody from Abu Dhabi’s ADGM with Finstreet and ADI, paving the way for stablecoin and tokenized‑asset support. BNY plants a digital asset flag in ADGM BNY has announced the launch of institutional digital…
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Binance recasts AI as core security infrastructure, saying 24+ initiatives and 100+ models have blocked $10.53B in risky funds from 2025 through Q1 2026. Binance’s latest security report portrays artificial intelligence not as a feature but as the backbone of…
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MoonPay buys Dawn Labs and launches Dawn CLI, letting AI agents and traders turn natural‑language prompts into live prediction‑market strategies on Polymarket. MoonPay has moved deeper into AI-driven trading with the acquisition of Dawn Labs and the launch of Dawn…
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a16z’s Arc thesis recasts stablecoins as a $9T “economic OS” for global finance, powering accounts, payments, FX and credit instead of just serving as crypto payment rails. Andreessen Horowitz’s crypto arm has published a new thesis on its investment in…
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Ondo pipes tokenized US stocks from BNB to HyperEVM, turning blue‑chip equities into on‑chain collateral for basis, arb and delta‑neutral strategies. Ondo Finance has deepened its tokenization push by routing U.S. stock and ETF exposure from BNB Chain into Hyperliquid’s…
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Renegade.fi has recovered about $190,000 after a whitehat hacker exploited a vulnerability in one of its Arbitrum-based dark pools and later returned more than 90% of the stolen assets. Blockchain security firm Blockaid said the exploit drained roughly $209,000 from…