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DeFi

Tether
DeFi

Tether And Fasanara Seed A $400 Million Private Credit Fund

The evergreen fund opens with $400 million from the two sponsors and targets up to $3 billion from outside institutions. Fasanara manages the investments while Tether originates USDT-linked deals and runs settlement. USDT supply stands at $183.4 billion.
Stacks (STX) Launches Bitcoin Staking with 21shares, HashKey Cloud, UTXO Management, and Others
DeFi

Stacks (STX) Launches Bitcoin Staking with 21shares, HashKey Cloud, UTXO Management, and Others

The Stacks ecosystem today announced that Bitcoin Staking is live, with 21shares, HashKey Cloud, UTXO Management (Nakamoto Inc. subsidiary), and Sypher Capital participating in the Genesis Bond, the first institutional bonding period for Bitcoin Staking on Stacks.
Pump.fun
DeFi

Pump.fun Lets Creators Launch Coins Priced In Tokenized Stocks

Pump.fun opened token launches to quote assets beyond SOL and USDC on Wednesday afternoon, putting the count at 93 pairs including tokenized Nvidia, Tesla and the S&P 500. Half the revenue from the new pairs goes to the PUMP buyback-and-burn contract. The deepest of the new quote assets holds $3.07 million of liquidity.
Zora
DeFi

Zora Co-Founder Dee Goens Replaces Jacob Horne as CEO

Goens said Zora is now under 10 people after a headcount reduction this year and named ZORA buybacks among his first priorities. Fees from the protocol’s Base deployment are down 99% from a year ago.
Arbitrum DAO
DeFi

Arbitrum Watchdog Seeks Permanent Bans For Three Grant Recipients

The committee behind Arbitrum's grant-misuse bounty program wants Good Entry, Limitless and APX Finance barred from all future DAO programs. None has replied to the forum thread, and three Snapshot votes could open as early as Sept. 10.
Consensys Software Inc. Splits In Two, Rebrands As MetaMask
DeFi

Consensys Software Inc. Splits In Two, Rebrands As MetaMask

The company behind the MetaMask wallet will keep the wallet and rename itself MetaMask, with Joe Lubin as CEO. Linea, Besu and the institutional infrastructure business move into a newly formed company that carries the Consensys name. Completion is expected by the end of 2026.
Compound
DeFi

Compound Opens Institutional Market With 87% LTV

The market takes ETH, wstETH, WBTC and cbBTC as collateral against USDC at loan-to-value ratios of up to 87%. Compound says borrowing is open to anyone, with approval required only for the 200,000 USDC in supplier rewards.
EagleSwap Announces Milestone of 10,000 Completed Swaps
DeFi

EagleSwap Announces Milestone of 10,000 Completed Swaps

EagleSwap, a non-custodial cryptocurrency swap platform, today announced that it has reached 10,000 completed swaps, marking a new stage in the platform's operations.
Morpho Expands Fixed-Rate Midnight Markets to Ethereum
DeFi

Morpho Expands Fixed-Rate Midnight Markets to Ethereum

USDC markets backed by WBTC and cbBTC are live, while roughly $5 billion held in Morpho Vaults remains unable to enter Midnight pending DAO action.
Router Protocol Plans Sept. 30 Shutdown and 303 Million ROUTE Burn
DeFi

Router Protocol Plans Sept. 30 Shutdown and 303 Million ROUTE Burn

DefiLlama shows $9,879.92 locked and no bridge volume over 30 completed days; Router’s notice only instructs centralized-exchange holders to withdraw by venue deadlines.