ECB Raises Financial Stability Concerns Over Euro Stablecoin Expansion
The European Central Bank has warned EU policymakers that rapid growth in euro stablecoin issuance could undermine traditional banking and complicate monetary p…
DeFi
181 articlesDecentralized Finance protocols, DeFi yield strategies, and DEX insights
Map Protocol Token Crashes 96% After Quadrillion Token Mint Exploit
Map Protocol's MAPO token plummeted 96% following a critical exploit in the Butter Network cross-chain bridge that minted billions of unauthorized tokens, drast…
KelpDAO's $293M Hack Signals DeFi's Evolution Beyond Code
The KelpDAO exploit highlights a critical shift in DeFi security challenges, moving from simple coding bugs to architectural complexity and systemic risk manage…
Arc: Circle's New Layer-1 Blockchain for Stablecoin Finance
Circle, the issuer of USDC, has launched Arc, a layer-1 blockchain specifically designed for stablecoin-native finance. The platform aims to streamline DeFi ope…
Lombard Joins LayerZero Exodus as $4B Migrates to Chainlink
Following the $292 million Kelp DAO exploit, major crypto projects are abandoning LayerZero's bridge infrastructure. Lombard and $4 billion in assets have shift…
Kraken Joins LayerZero Exodus, Switches to Chainlink CCIP
Major crypto exchange Kraken has abandoned LayerZero for Chainlink CCIP as protocols reassess cross-chain security following April's exploit. The shift signals …
Arkham Maps Iran Central Bank USDT Wallets After $344M Freeze
Arkham Intelligence has publicly identified OFAC-sanctioned Tron wallets linked to Iran's central bank, exposing Tehran's alleged onchain reserves and financial…
Bank of England Treats Stablecoins as New Money Form
The Bank of England signals a neutral stance on stablecoins and tokenized deposits, neither favoring nor opposing their development as new monetary instruments …
Augustus Wins OCC Approval for AI-Powered Stablecoin Bank
Peter Thiel-backed Augustus secures conditional OCC approval for a US bank charter focused on AI-driven payments and stablecoin settlement. The approval marks a…
Banking Groups Fight Stablecoin Yield Rules Ahead of Senate Vote
The American Bankers Association escalates warnings about the Clarity Act, citing risks of deposit flight to stablecoins without stricter yield restrictions.