Morgan Stanley Becomes Reserve Manager for Stablecoin Issuers
Wall Street giant Morgan Stanley launches specialized fund to serve as reserve manager for stablecoin issuers, marking major institutional adoption in crypto.
DeFi
96 articlesDecentralized Finance protocols, DeFi yield strategies, and DEX insights
BIS Flags Crypto Exchanges as Shadow Banks Over DeFi Risks
The Bank for International Settlements warns that cryptocurrency exchanges offering stablecoin yields and DeFi products operate as unregulated financial institu…
Kelp DAO Exploited for $292M in Major DeFi Security Breach
Kelp DAO suffered a critical $292 million exploit, marking one of 2024's largest DeFi attacks. The breach highlights ongoing vulnerabilities in liquid staking p…
North Korea Linked to $578M Crypto Heists in April
DPRK-linked threat actors orchestrated over $578 million in cryptocurrency thefts during April, capitalizing on the Kelp DAO exploit and expanding attacks acros…
Senate Clarity Act Faces Stablecoin Debate Delays as 2026 Timeline Tightens
The cryptocurrency industry's flagship regulatory bill continues navigating Senate delays over stablecoin yield provisions. With limited floor time remaining in…
Aave's 100% Utilization Crisis: What It Means for DeFi
Aave's core markets reached 100% utilization simultaneously, triggering serious concerns from security firm CertiK. CEO Stani Kulechov remained silent on the ma…
North Korea's DeFi Hacking Campaign Escalates With $500M Haul
Over $500 million was stolen from Drift and Kelp exploits in just two weeks, signaling a coordinated assault on DeFi protocols. Experts warn this represents a s…
LayerZero Links $292M KelpDAO Hack to North Korea's Lazarus
LayerZero attributes the $292M KelpDAO bridge exploit to North Korea's Lazarus Group. Attackers forged cross-chain messages and narrowly avoided a second major …
DeFi Faces $13B TVL Collapse: KelpDAO Attack Triggers Market Rout
A cascading crisis across lending and yield protocols has wiped $13 billion in total value locked within 48 hours, initiated by a KelpDAO exploit. Despite massi…
Stripe Doubles Down on Blockchain, Positioning as 'AWS for Money'
Stripe accelerates its crypto strategy, targeting cross-border payments and emerging markets where traditional cards fail. The payment giant aims to become infr…