DeFi Launches Auto Loans with Figure Hastra
@Figure launches auto loans on its Hastra platform, expanding DeFi’s real-world asset offerings. The product will debut on Solana before moving to Ethereum in June. #Update #Crypto $SOL $ETH
@Figure launches auto loans on its Hastra platform, expanding DeFi’s real-world asset offerings. The product will debut on Solana before moving to Ethereum in June. #Update #Crypto $SOL $ETH
CoW Swap’s front-end was compromised, leading to an estimated $500,000 in user losses; the protocol is paused but smart contracts remain unaffected. Vitalik Buterin recently used the platform. #Update #DeFi
Avalanche’s @AvaLabs launches SkyMapper L1, a blockchain network for real-time verification of telescope data, enhancing scientific reliability with tamper-proof records. #Update #Crypto $AVAX
The SEC exempts certain DeFi interfaces from broker-dealer registration, advancing its crypto agenda despite Congress’s inaction. Industry leaders celebrate this regulatory shift as a win for decentralized finance. #Update #DeFi
Aave’s DAO approves a $25M stablecoin grant and 75,000 AAVE token allocation to Aave Labs under the “Aave Will Win” framework, aiming to enhance protocol growth. #Update #DeFi $AAVE
@PharosNetwork secures $44M for RWA infrastructure in Asia; @Kulipa raises $6.2M for U.S. stablecoin debit cards; @GoSats gets $5M for rewards expansion; @CrossRiverBank raises $50M for crypto services #Update #Crypto $BTC
Ethereum is becoming essential for AI agents, reshaping DeFi with over $22.5B in tokenized assets and 140M transactions processed. Autonomous agents drive demand for its financial protocols. #Update #Crypto $ETH
Morpho has launched Morpho Agents in beta, allowing AI agents to interact with its DeFi lending infrastructure. Over 130,000 AI agents registered onchain since January.
Aave faces selling pressure as BGD Labs and Chaos Labs exit, leading to increased exchange reserves and a breach of the 90-day moving average. #Update #Crypto $AAVE
A new Ethereum standard, ERC-8211, introduced by @biconomy aims to streamline complex DeFi transactions for AI agents without altering Ethereum’s core protocol. #Crypto $ETH
The Solana Foundation launched STRIDE for 24/7 threat monitoring of DeFi protocols over $10M TVL, following a $285M hack linked to North Korean hackers. #Breaking #Crypto $SOL
@Solana Foundation launches new security initiatives for DeFi protocols, including the STRIDE program and Solana Incident Response Network (SIRN) for enhanced threat management. #Update #Crypto $SOL
@ChaosLabs has exited the Aave ecosystem after three years due to budget disputes and risk management disagreements, despite a proposed $5M retention offer. Aave will transition to @LlamaRisk for risk management. #Update #Crypto $AAVE
@Aave loses key risk manager Chaos Labs amid contributor exodus, raising operational risks as protocol transitions. CEO Omer Goldberg cites fundamental misalignment with Aave’s evolving strategy. #Update #Crypto $AAVE