DeFi Platform Cork Protocol Suffers $12M Smart Contract Exploit
Cork Protocol has paused all markets as a precaution.
DeFi
Tokenized Apollo Credit Fund Set for Solana DeFi Debut as RWA Trend Expands
Kamino Finance and Steakhouse Financial are teaming up to bring Securitize’s ACRED token to the fast-growing Solana DeFi ecosystem.
Morgan Stanley Crypto Chief Exits to Launch DeFi Fund in Switzerland: Bloomberg
Andrew Peel plans to start fundraising for the new venture soon, according to the story.
Bitcoin DeFi Security Improves as Rootstock Boosts Hashrate Share
Rootstock is one of numerous projects looking to bring greater utility to Bitcoin by expanding the provision for DeFi with smart contracts.
Franklin Templeton Backs Bitcoin DeFi Push, Citing ‘New Utility’ for Investors
“I don’t think focusing on Bitcoin DeFi will dilute or complicate Bitcoin’s core narrative.” Farrelly said.
DeFi Development Plans to Raise $1 Billion to Buy More Solana
DeFi Development Corp. plans to use proceeds to bolster its Solana-focused treasury strategy and fund corporate initiatives.
Crypto Valley Exchange Bets ‘Smart Clearing’ Is DeFi Derivatives’ Missing Link
The Arbitrum-based derivatives platform has a new protocol to make its financial pipes more efficient.
President Trump Signs Resolution Erasing IRS Crypto Rule Targeting DeFi
The successful reversal of the Internal Revenue Service rule marks the first time the industry got a significant pro-crypto effort through Congress.
Abracadabra Drained of $13M in Exploit Targeting Cauldrons Tied to GMX Liquidity Tokens
The attack targeted pools tied to GMX liquidity tokens, specifically “cauldrons” using GM tokens as collateral.
Ethereum L2 Starknet Seeks ‘Bitcoin’s DeFi Take-Off Moment’ With BTC Wallet Xverse
The aim is to provide a Bitcoin DeFi experience using trust assumptions as the next big thing to zero-knowledge proofs until such a time that OP_CAT is adopted