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DeFi

Aave’s Net Deposits Exceed $60B, up 55% in July
DeFi

Aave’s Net Deposits Exceed $60B, up 55% in July

Aave’s July growth was driven by Ethereum’s rally, as well as increased activity on Base.
Hyperliquid Vault Manager Under Fire for Moving $29 Million of User Funds to Other Blockchains
DeFi

Hyperliquid Vault Manager Under Fire for Moving $29 Million of User Funds to Other Blockchains

The multisig-based Hyperliquid Vault (HLP) wrapper bridged user funds to Avalanche DeFi protocol Blackhole.
Aave phishing scam cover image
DeFi

Crypto User Loses 3M USDT in Phishing Attack, Sparking Debate Over Tether’s Responsibilities

The wallet-draining scam has renewed debate around stablecoin issuers' responsibility, decentralization, and custody options for crypto users.
Animoca Backs NUVA Marketplace to Tap Growing Real World Asset Sector
DeFi

Animoca Backs NUVA Marketplace to Tap Growing Real World Asset Sector

Animoca Brands and Provenance Blockchain Labs are launching a vault marketplace to capitalize on what they project could become a $20 trillion RWA market by 2030.
Keyring Brings Zero-Knowledge ID Layer to DeFi Vaults on Avalanche
DeFi

Keyring Brings Zero-Knowledge ID Layer to DeFi Vaults on Avalanche

Keyring’s new system enables users to prove their identities and safely use DeFi without revealing personal information publicly.
TROLL Memecoin Explodes 800%, Dominating Solana Mindshare
DeFi

TROLL Memecoin Explodes 800%, Dominating Solana Mindshare

Right as it looked like PumpFun coins were down for the count, a new ecosystem leader has inexplicably emerged.
Circle’s Native USDC Launch on Hyperliquid Threatens Arbitrum: Messari
DeFi

Circle’s Native USDC Launch on Hyperliquid Threatens Arbitrum: Messari

Circle’s plan to mint native USDC on Hyperliquid threatens Arbitrum’s dominance, with a Messari analyst warning of a possible liquidity exodus.
PumpFun Revenue Plunges 96% to Lowest Level Since March 2024
DeFi

PumpFun Revenue Plunges 96% to Lowest Level Since March 2024

The Solana-based token launchpad has struggled to meet the market’s expectations since its token generation event.
Decentralized Perpetuals Volume Hits All-Time High of $399 Billion in July
DeFi

Decentralized Perpetuals Volume Hits All-Time High of $399 Billion in July

Hyperliquid leads the pack with 79% of total decentralized perpetuals trading volume.