Latest

DeFi
Ripple Prime Secures $200M Debt Facility to Expand Lending Capacity
Funds managed by Neuberger Specialty Finance committed the facility to grow margin financing for the multi-asset prime broker.

DeFi
Stream Finance Breaks Six Month Silence With Wind-Down Plan
A newly formed Delaware entity will consolidate and liquidate remaining assets, with "strategic alternatives" coming in the next few weeks.

Regulation & Politics
Banks Sound Alarm as Senate Prepares CLARITY Act Markup
The Senate Banking Committee is set to mark up the sweeping crypto market structure bill on Thursday.

TradFi & Fintech
Galaxy to Manage $125M DeFi Yield Fund Seeded by Sharplink's ETH Treasury
Mike Novogratz's firm will pick protocols and size exposures while Sharplink keeps its core staked ETH position intact.

Blockchains
Circle Raises $222M in Arc Presale at $3B FDV
The private token sale for Circle's Arc blockchain was led by a16z crypto, and included BlackRock, Apollo, and Intercontinental Exchange.

Security
LayerZero Admits Mistake in 1/1 DVN Setup Tied to $292M Kelp Hack
LayerZero Labs acknowledged a Lazarus Group attack on internal RPCs and a multisig signer's unauthorized personal trade, impacting 0.36% of assets on the protocol.

Blockchains
MegaETH Kicks Off MEGA Buybacks
Future repurchases will follow a preset schedule and be routed through on-chain markets.

DeFi
ONDO Surges 68% in a Week amid US Tokenization Push
A four-firm pilot settling the first cross-border, cross-bank redemption of tokenized U.S. Treasuries on the XRP Ledger extended a rally sparked by Ondo's seat at the DTCC’s tokenization table.

Regulation & Politics
Kraken Parent Payward Seeks US Federal Trust Charter
Payward says the OCC national trust charter would complement Kraken's banking arm, Kraken Financial.

Regulation & Politics
ECB's Lagarde: Euro Stablecoins Aren't the Answer, Build Public Infrastructure Instead
The President of the European Central Bank spoke against EUR-pegged stablecoins at the inaugural Banco de España LatAm Economic Forum today.



