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DeFi

USDT Now Live on Solana, Plasma, and Ethereum With 1:1 USD Onramps and Offramps: Privy and Ramp
DeFi

USDT Now Live on Solana, Plasma, and Ethereum With 1:1 USD Onramps and Offramps: Privy and Ramp

Ramp expands stablecoin access by launching USDT across Solana, Plasma, and Ethereum with seamless 1:1 USD conversion for global money movement.
DeFi Protocols Launch Joint Escape Hatch for Aave ETH Lenders and Loopers
DeFi

DeFi Protocols Launch Joint Escape Hatch for Aave ETH Lenders and Loopers

Fluid's aWETH Redemption Protocol, launched with Lido, Ether.fi, 1inch, 0x and Kyber, has processed $136M out of Aave's frozen WETH pool in 48 hours.
DeFi Contagion Spreads Beyond Aave as LayerZero, Lido, Ethena Suffer Sharp Declines: Santiment
DeFi

DeFi Contagion Spreads Beyond Aave as LayerZero, Lido, Ethena Suffer Sharp Declines: Santiment

AAVE, ZRO, LDO, and ENA tokens plunged 10–22% as market repriced risk across DeFi protocols exposed to a bad debt event, with LayerZero priced as equally culpable as the originating lender.
Kelp DAO Loses $293M in Bridge Exploit, Leaving Aave With Over $200M in Bad Debt
DeFi

Kelp DAO Loses $293M in Bridge Exploit, Leaving Aave With Over $200M in Bad Debt

Attacker minted unbacked rsETH through Kelp's LayerZero bridge, then borrowed WETH on Aave V3 and V4 before markets could freeze.
Wrapped XRP Now Available Across Major Solana Apps: Solana
DeFi

Wrapped XRP Now Available Across Major Solana Apps: Solana

Solana announced wXRP is live on Titan Exchange, Real, Phantom, Jupiter, and Meteora, expanding cross-chain asset availability on the blockchain.
Figure Clashes With Short Seller Over Blockchain Lending Claims
DeFi

Figure Clashes With Short Seller Over Blockchain Lending Claims

Morpheus Research's report alleges that the $7.7B fintech is exaggerating its use of blockchain technology, while Figure and asset manager Van Eck dispute the findings.
LDO Bucks DeFi Downturn With 30% Monthly Rally After DAO Passes Buyback Scheme
DeFi

LDO Bucks DeFi Downturn With 30% Monthly Rally After DAO Passes Buyback Scheme

Lido's token is the only top DeFi token in the green over the past 30 days, fueled by a $20 million treasury repurchase program.
Sky Announces First Native Deployment of USDS, sUSDS on Avalanche
DeFi

Sky Announces First Native Deployment of USDS, sUSDS on Avalanche

Sky's native stablcoins are being deployed on Avalanche via Skylink, Sky's crosschain bridge protocol built on LayerZero infra.
Tether Commits $127.5M to Drift Protocol Recovery Plan Following $270M+ Exploit
DeFi

Tether Commits $127.5M to Drift Protocol Recovery Plan Following $270M+ Exploit

Tether is leading a $150M recovery initiative for Drift Protocol; the plan will also shift the perp DEX's primary settlement asset to USDT on Solana.
Justin Sun Blasts WLFI Token Unlock Proposal as 'World Tyranny'
DeFi

Justin Sun Blasts WLFI Token Unlock Proposal as 'World Tyranny'

TRON founder escalates feud with Trump-linked DeFi project, alleging coercion and frozen voting rights.