Ethereum Surges Despite DeFi Hacks Toward $2.6K
Ethereum’s price struggles to maintain bullish momentum near $2,380 amid DeFi hacks and rising inflation; ETH derivatives metrics show pro traders remain steady. $ETH #Update #Crypto
DeFi
Covers all aspects of DeFi – Decentralised Financial systems, protocols, and instruments built on blockchain.
Galaxy Digital Launches $125M DeFi Yield Fund
Galaxy Digital and Sharplink launch a $125M DeFi yield fund, with Sharplink contributing $100M and Galaxy managing the pool for ETH returns. #Update #DeFi $ETH
Ethereum Backs $125M DeFi Yield Fund Launch
@Sharplink will contribute $100 million in staked $ETH to a Galaxy-managed fund, aiming to help institutions earn yield from crypto without selling their holdings. #Update #Crypto $ETH
DeFi Apps Generate $100M Revenue in 30 Days
Three DeFi apps, including @Hyperliquid, @Pump.fun, and @EdgeX, returned $96.3M to token holders in 30 days as revenue focus intensifies; Hyperliquid led with $50.95M. #Update #DeFi $ETH
Stablecoin Yields Surge Ahead of Senate Vote
The American Bankers Association is lobbying against the Senate’s Digital Asset Market Clarity Act, warning that stablecoin provisions could harm bank deposits and financial stability ahead of a committee vote. #Update #Crypto $USDC
DeFi Revolutionizes Finance for Latin Americans
Decentralized finance (DeFi) is gaining traction in Latin America as local fintechs simplify access, enabling users to earn yields on dollar savings and borrow against crypto assets like $BTC and $ETH. #Update #Crypto $USDC
Ethereum Transfers $71M Hack Funds to Aave
A Manhattan federal judge allowed @Arbitrum DAO to transfer $71 million in frozen Ether to Aave for recovery efforts after a North Korea-linked exploit, while maintaining legal claims on the funds. #Update #Crypto $ETH
Kelp DAO Exploit Forces DeFi to Rethink Oracles
Decentralized finance protocols are migrating to @Chainlink’s infrastructure for enhanced security following the $293M Kelp DAO exploit, with @SolvProtocol and Tydro leading the shift. #Update #Crypto $LINK
Ethereum Approves 30K ETH Aave Credit Facility
Mantle tokenholders approved a credit facility of 30,000 $ETH (approx. $68M) for Aave DAO to address bad debt from the rsETH exploit. #Update #Crypto $AAVE
Bitcoin Strategy Yields 2.3% Growth Forever
Michael Saylor states @Strategy can sustain dividends indefinitely with just 2.3% annual Bitcoin appreciation, holding 818,334 BTC worth $66.34B and an unrealized profit of $4.5B. #Update #Crypto $BTC
DeFi Surges Mainstream with AI Agents
Decentralized Finance (DeFi) is gaining traction, with $100B in lending markets and institutional interest rising, despite recent security issues. AI agents are seen as a catalyst for further adoption. #Update #Crypto $ETH
DeFi Survives Stress Test Without Failures
DeFi’s recent stress test concluded without significant issues, indicating resilience in the ecosystem. No major disruptions were reported. #Update #Crypto
North Korea Victims Seize $71 Million from Aave Hack
Lawyers for North Korean terror victims have shifted their strategy, arguing that the $71 million in frozen ether from the Aave exploit was fraud, not theft, challenging Aave’s legal standing. #Update #Legal $AAVE
Aave Fights $71 Million Crypto Seizure
@Aave requests a U.S. court to block the seizure of $71M in crypto linked to North Korean claims, arguing assets belong to users and freezing them risks DeFi stability. #Update #Legal $ETH