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DeFi

Radiant Capital Winds Down to a $2M Husk, 20 Months After DPRK-Linked $50M Heist
DeFi

Radiant Capital Winds Down to a $2M Husk, 20 Months After DPRK-Linked $50M Heist

The cross-chain lender that once held more than $300M in deposits now has $2.21M in total value locked, a sub-$2M market cap, and no remaining major-exchange listing — the slow end-state of an October 2024 exploit Mandiant traced to North Korea.
Circle Freeze on Zama's Confidential USDC Locks $12.6M of User Funds in DeFi 'Crossfire'
DeFi

Circle Freeze on Zama's Confidential USDC Locks $12.6M of User Funds in DeFi 'Crossfire'

A court-ordered restraining order pushed Circle to blacklist Zama's cUSDC wrapper on Ethereum. The privacy protocol is not a defendant but every depositor in the pooled contract is locked out alongside the targeted funds.
Raydium Surpasses $1T in Volume Following Robinhood and Revolut Listings
DeFi

Raydium Surpasses $1T in Volume Following Robinhood and Revolut Listings

Two regulated consumer finance platforms serving more than 75 million users across the US, UK, and EU have listed RAY within a month.
ICE Chief Sprecher Calls Hyperliquid 'Bigger Than Nasdaq' as HYPE Run Draws TradFi Notice
DeFi

ICE Chief Sprecher Calls Hyperliquid 'Bigger Than Nasdaq' as HYPE Run Draws TradFi Notice

The founder of the company that owns the New York Stock Exchange praised the small decentralized exchange and its SpaceX pre-IPO market, even as ICE presses regulators over how to police perpetual futures.
Base Launches MCP Agent Gateway for Onchain Portfolio Management
DeFi

Base Launches MCP Agent Gateway for Onchain Portfolio Management

Base introduces Model Context Protocol integration enabling AI agents to execute swaps, trades, and portfolio management across leading DeFi protocols.
ARIQO Makes Its Bangkok Debut at SEABW, Drawing Industry Attention
DeFi

ARIQO Makes Its Bangkok Debut at SEABW, Drawing Industry Attention

On May 21, ARIQO, an onchain financial platform, made its first public appearance at Southeast Asia Blockchain Week (SEABW) in Bangkok.
Tokenized Stocks Emerge as Fastest-Growing Asset Class on Ethereum
DeFi

Tokenized Stocks Emerge as Fastest-Growing Asset Class on Ethereum

Token Terminal reports that tokenized stocks have become the leading category of tokenized assets on Ethereum, with xStocks and Ondo Finance leading the sector.
Improbable invests $2M in Otomato to scale the first portfolio-aware intelligence layer for DeFi
DeFi

Improbable invests $2M in Otomato to scale the first portfolio-aware intelligence layer for DeFi

Venture builder Improbable has invested $2 million in Otomato, the portfolio-aware DeFi intelligence layer that monitors users' on-chain positions 24/7 and alerts them when something materially changes their risk, cost, or opportunity.
defi.com CEO Neil May Challenges Industry: "Most DeFi Projects Are Building Privacy for Anonymity, Not Privacy for People"
DeFi

defi.com CEO Neil May Challenges Industry: "Most DeFi Projects Are Building Privacy for Anonymity, Not Privacy for People"

As the DeFi sector rushes to integrate zero-knowledge proofs and privacy pools, defi.com CEO Neil May has issued a sharp rebuke to the industry: the vast majority of privacy solutions are solving the wrong problem.
Pump.fun Launches USDC-Paired Liquidity Pools for Token Launches
DeFi

Pump.fun Launches USDC-Paired Liquidity Pools for Token Launches

Pump.fun now allows coin creators to launch with USDC-paired liquidity pools instead of SOL, raising starting market caps to $4k and increasing early-stage supply costs by 67% to improve token distribution and ecosystem health.