Latest

DeFi
Ethena Launches Pay App on Avalanche With Tiered Rate Up to 6%
The iOS beta starts with 400 users, while official terms cap boosted balances and put cashback at up to 5% — not 10%.
DeFi
Firelight Raises $8 Million to Backstop DeFi Vaults With Staked XRP
The Sentora-incubated cover protocol already holds $76 million in staked XRP on Flare. Its first cover integrations go live this month, into a market where onchain protection covers about 0.1% of DeFi.
DeFi
Securitize's HINC Becomes Collateral on Solana's Loopscale
Eligible investors can now borrow USDG against a fund holding high-yield corporate bonds and CLO tranches, collateral whose value moves daily with credit spreads.

Blockchains
Robinhood Chain Tops Ethereum In Daily App Revenue
Applications on the two-month-old Arbitrum network earned $2.66 million in 24 hours, ranking second behind Solana, with a memecoin launchpad as the biggest single source.

DeFi
Bloomberg: Hyperliquid in Advanced Talks With Kraken Parent on US Perpetuals Push
The reported plan would route U.S. traders through CFTC-regulated Bitnomial, while neither Payward nor Hyperliquid has confirmed a deal.

Tokens
A Memecoin Called BONER Has Cornered Half the Tokenized Hims & Hers Float
The BONER/HIMS pool on Robinhood Chain holds 31,198 of the 58,714 tokenized Hims & Hers shares that exist. With the NYSE closed on Sunday night, the tokenized stock printed $132.64 against an equity that had closed Friday at $28.84.

Blockchains
Ontology Halts Mainnet Block Production Over Potential Security Concern
The explorer’s last block was created at 4:24 a.m. ET, leaving transactions and Ontology-side bridge transfers unable to settle while validators review the network.
Markets
Traders Make a September Rate Increase the Favorite as Bitcoin Holds $78,000
Polymarket prices a quarter-point hike at 55.5% after Kevin Warsh's Jackson Hole speech, against 28% on Friday afternoon. Bitcoin is down 0.7% on the day and 24.5% higher since the start of August, while 88 of the 125 largest non-stablecoin tokens fell.

TradFi & Fintech
BitMine’s Staked ETH Holds at 5.07 Million as Treasury Grows
The $12.7 billion staked balance was unchanged in four weekly readings, while BitMine added 53,501 ETH and reported $335 million in annualized staking revenue.

TradFi & Fintech
Sberbank Plans Bitcoin, Ethereum and Tether as Loan Collateral
The expansion is contingent on new crypto rules taking full effect and the Bank of Russia permitting the assets for public circulation.



