Crypto investment firm Deus X Capital shuts down as backers pursue separate strategies
CEO Tim Grant will lead AI venture TensorX, while CIO Stuart Connolly stays to oversee the firm’s formal unwind in January.
DeFi
KelpDAO sues LayerZero for the largest exploit 2026 has seen so far
The cross-chain lending protocol accused LayerZero and its co-founder Brian Pellegrino of failing to disclose weaknesses in their protocol, which led to the $292 million hack.
SEC opens door to tokenized U.S. stock trading. Here’s who could benefit
The five-year experiment gives DeFi-style trading venues, tokenization firms and liquidity providers a new U.S. pathway while leaving synthetic stock tokens outside the framework.
Solana lender Kamino taps fintech veteran Michael Weisz as CEO for massive U.S. expansion
Michael Weisz will lead Kamino from a new New York headquarters as the DeFi lender is expanding into tokenized assets.
A hacker turned 25 cents of bitcoin into 46 billion fake BTC tokens on a DeFi bridge
Two software bugs allowed the attacker to create more than 2,000 times Bitcoin’s maximum supply in unbacked syBTC. Symbiosis puts preliminary losses at 9.97 BTC.
Stripe and Swift race to control the next generation of global payments infrastructure
Crypto and blockchain experts say this week’s moves show the two established finance companies are increasingly competing for control of the infrastructure behind digital payments.
Aave rolls out vaults for yield-hungry fintech investors
Aave’s new Stable Vaults product lets wallets, exchanges and payment apps offer yields on stablecoin deposits
Banks have stopped asking if stablecoins belong in finance, now they’re considering how
Financial institutions are racing to become the secure gateways for stablecoins as digital asset volume is projected to explode by 2030.
Tokenization’s next use case is personalized portfolios, NYLIM executive says
Thomas Sy, head of multi-asset solutions at the $800-million asset manager, says blockchain can enable complex portfolio construction that’s not yet possible in traditional finance.
This sanctioned Russian stablecoin claims it processes billions, but blockchain analysts disagree
A7A5 claims crypto data providers understate its trading activity, while blockchain analytics firms say the ruble-backed token’s volumes have fallen sharply this year.