Step Finance Winds Down After $40M Treasury Hack
Solana-based Step Finance is shutting down after a $40 million security breach drained its treasury. The firm said financing and acquisition efforts failed in the aftermath.
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Solana-based Step Finance is shutting down after a $40 million security breach drained its treasury. The firm said financing and acquisition efforts failed in the aftermath.
Capital is moving from DeFi into tokenized real-world assets as investors seek lower-risk onchain yields during broader market weakness.
On-chain analytics firm Parsec is shutting down after five years, citing shifting market dynamics and reduced relevance of DeFi and NFT activity.
Pump.fun has launched a trader cashback feature, redirecting rewards from token creators to traders as platform fees and profitability concerns intensify.
DeFi lending protocol ZeroLend is winding down operations after citing unsustainable economics, shrinking liquidity and growing security risks.
Crypto advocates are countering Wall Street calls for a blanket ban on stablecoin yield as US lawmakers debate key provisions in pending market structure legislation.
Aave Labs is seeking a $50 million funding package in exchange for redirecting all product revenue to the Aave DAO treasury.
World Liberty Financial plans to launch a foreign exchange and remittance platform as it expands beyond DeFi lending, drawing political scrutiny
Coinbase has launched Agentic Wallets designed to let artificial intelligence agents autonomously spend, trade and manage crypto assets onchain.
BlackRock will list its $2.1 billion tokenized Treasury fund on Uniswap, marking its first formal step into decentralized finance infrastructure.
Ledger is adding OKX DEX to its wallet, allowing users to execute onchain token swaps while maintaining full hardware-enforced self-custody
Bitwise is set to acquire staking provider Chorus One, signaling growing institutional demand for onchain yield as Ethereum staking reaches record levels.
Aave is dissolving its Avara umbrella brand and winding down the Family wallet as it sharpens focus on its core DeFi products under Aave Labs.
Solana-based Jupiter plans to integrate Polymarket while securing a $35 million strategic investment from ParaFi Capital to expand on-chain prediction markets.
The USD1 stablecoin linked to the Trump family surpassed a $5 billion market value, highlighting the rapid growth of politically affiliated crypto ventures.