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Steakhouse Fi Pulls $1 Billion Lead Over Competing Morpho Vault Curators
DeFi

Steakhouse Fi Pulls $1 Billion Lead Over Competing Morpho Vault Curators

Steakhouse Fi has expanded its lead to approximately $1 billion over the next largest Morpho vault curator, marking a significant shift in the competitive curator ecosystem.
LayerZero's Incident Report Says Kelp Downgraded From 2-of-2 to 1-of-1 DVN Before $292M Exploit
Hacks

LayerZero's Incident Report Says Kelp Downgraded From 2-of-2 to 1-of-1 DVN Before $292M Exploit

Detailed May 18 post-mortem traces a six-week breach to DPRK group TraderTraitor and locks in a new 3-of-3 DVN protocol default. Kelp says LayerZero approved the configuration and has migrated rsETH bridging to Chainlink.
CoW Swap Expands to Solana With NEAR Intents Backend Support
DeFi

CoW Swap Expands to Solana With NEAR Intents Backend Support

CoW Swap, the intent-based DEX, is launching on Solana blockchain with NEAR Intents providing backend infrastructure.
MoneyGram Partners With Tempo as Anchor Remittance Validator on Blockchain
Blockchains

MoneyGram Partners With Tempo as Anchor Remittance Validator on Blockchain

MoneyGram has become Tempo's anchor remittance validator in a new strategic blockchain partnership designed to enhance cross-border payment infrastructure.
Aave V4 Gains Momentum With Two-Layer Market Isolation Structure During Capped Launch
DeFi

Aave V4 Gains Momentum With Two-Layer Market Isolation Structure During Capped Launch

Aave V4 introduces a new market architecture featuring collateral isolation across Hubs and Spokes, with Prime, Core, and Plus Hubs launching initially.
Polymarket Launches Prediction Markets on Private Company Valuations With Nasdaq Data
Markets

Polymarket Launches Prediction Markets on Private Company Valuations With Nasdaq Data

Polymarket partnered with Nasdaq Private Market to enable trading on private company valuations, IPO timing, and secondary share prices, with early markets on OpenAI, Anthropic, Stripe, and other unicorns.
Tor Project and Funding the Commons Launch Web3-Native Crowdfunding Campaign
Infrastructure

Tor Project and Funding the Commons Launch Web3-Native Crowdfunding Campaign

A coalition of privacy and crypto organizations is using quadratic funding to channel crypto donations to 10 nonprofits fighting censorship and surveillance worldwide.
Solana Co-founder Toly Backs New Perpetuals DEX to Challenge Hyperliquid's Dominance
DeFi

Solana Co-founder Toly Backs New Perpetuals DEX to Challenge Hyperliquid's Dominance

Anatoly Yakovenko argues Solana needs its own atomically composable perpetuals DEX as Hyperliquid pursues regulatory clarity in Washington.
SEC Preparing 'Innovation Exemption' Framework for Tokenized Stock Trading
Regulation & Politics

SEC Preparing 'Innovation Exemption' Framework for Tokenized Stock Trading

The SEC is developing a new regulatory framework that would allow digital versions of publicly traded securities to trade on blockchain networks in the US.
Galaxy Receives BitLicense From New York State Department of Financial Services
Regulation & Politics

Galaxy Receives BitLicense From New York State Department of Financial Services

Galaxy has obtained a BitLicense from the New York State Department of Financial Services, regulatory approval to operate a cryptocurrency business in the state.