The Defiant

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WSB Wants to Tear Down the Old Financial System; DeFi Wants to Build a New One

By Dan Kahan and Owen Fernau GameStop stock (GME) is going to the moon. So are AMC Theaters (AMC), Nokia (NOK), BlackBerry (BB), and maybe even Bed Bath & Beyond (BBBY)—just ask the shitposters on Reddit’s r/wallstreetbets (WSB). The WSB saga has been a fascinating black box for anyone interested in finance (or wealth redistribution,…

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BlackRock Would Still Pursue Spot Ether ETF If Ethereum Cops Securities Designation

BlackRock’s CEO said the SEC classifying Ether as a security would not preclude spot Ethereum ETFs from entering the market.

CoreDAO Brings Native Staking To Bitcoin

The Bitcoin-powered EVM-compatible blockchain enables non-custodial native Bitcoin staking, with rewards paid out in CORE tokens.

Bitcoin Mining Stocks Thrive While Hash Rate Slides Post Halving

Leading mining stocks rallied by more than 17% since Tuesday.

Tether Partners With Telegram To Bring Crypto Payments To 900 Million Users

Telegram users can now send and withdraw USDT for free.

DeFi Protocol Hedgey Finance Suffers $44M Hack

The platform suffered two parallel attacks on Arbitrum and Ethereum.

Bitcoin Network Fees Soar as Runes Launch Nears

The hype around the new fungible token standard has reached a fever pitch ahead of the imminent Bitcoin halving.