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October 17, 2026

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Tag: Decentralized finance (Defi)

Readers Dessert April 27, 2026
  • Bitcoin

DeFi United Secures $160M as Industry Moves to Cover Aave Bad Debt Crisis

Readers Dessert April 27, 2026
A coordinated decentralized finance ( DeFi) relief effort has reportedly raised $160 million to cover bad debt created when attackers exploited KelpDAO’s bridge and deposited unbacked collateral into Aave V3 markets on…
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Readers Dessert April 23, 2026
  • Bitcoin

Circle Economist Proposes Higher USDC Rates on Aave V3 After KelpDAO Exploit

Readers Dessert April 23, 2026
Gordon Liao, Circle’s Chief Economist, submitted a governance proposal on April 22, 2026, calling on Aave to raise USDC borrow rates sharply on its V3 Ethereum Core market after a $292 million…
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Readers Dessert April 20, 2026
  • Bitcoin

$14B Vanishes From DeFi Ecosystem After KelpDAO Exploit Rocks Lending Markets

Readers Dessert April 20, 2026
Following the KelpDAO exploit that resulted in the loss of nearly $300 million, the decentralized finance ( DeFi) ecosystem has experienced a cascading wave of withdrawals, affecting not only Aave but a…
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Readers Dessert April 13, 2026
  • Bitcoin

New SEC Guidance Targets DeFi Interfaces, Self-Custodial Wallets, and Execution Routing Disclosures

Readers Dessert April 13, 2026
The U.S. Securities and Exchange Commission’s Division of Trading and Markets released a staff statement on Monday, outlining conditions under which operators of crypto trading interfaces can avoid registering as broker-dealers under…
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Readers Dessert September 15, 2025
  • Bitcoin

Defillama Criticizes Misleading RWA Metrics, Calls out Figure Co-Founder Allegations

Readers Dessert September 15, 2025
0xngmi, founder of Defillama, has called out some companies for promoting what he called fake RWA metrics, replicating database movements onto blockchains to simulate activity. The post comes as an answer to…
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Readers Dessert September 3, 2025
  • Bitcoin

Curve Finance Debuts New Pool for Foreign Exchange Trading

Readers Dessert September 3, 2025
Curve Finance has launched FXSwap, a new type of cryptopool specifically designed for foreign exchange and low-volatility trading pairs onchain. Curve’s New AMM Design Aims to Bring Forex Markets Onchain The implementation…
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Readers Dessert August 13, 2025
  • Bitcoin

Coinbase Targets DeFi Domination With New Stablecoin Fund to Accelerate Onchain Growth

Readers Dessert August 13, 2025
Coinbase is igniting a fresh DeFi liquidity surge with a powerful new stablecoin fund, targeting top protocols to fuel adoption, deepen markets, and accelerate onchain finance growth. Coinbase Unveils New Stablecoin Bootstrap…
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Readers Dessert July 9, 2025
  • Bitcoin

Opensea Acquires Rally to Enhance Mobile Experience and Token Trading Capabilities

Readers Dessert July 9, 2025
Opensea has announced its acquisition of Rally, a move that aims to enhance its mobile and token trading capabilities. Chris Maddern, the new Chief Technology Officer of Opensea, expressed excitement about the…
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Readers Dessert June 8, 2025
  • Bitcoin

Cetus Protocol Relaunches After $220M Hack, Restores Liquidity

Readers Dessert June 8, 2025
Cetus Protocol has relaunched just two weeks after a significant hack that compromised its concentrated liquidity market maker pools. Normal Users’ LP Functions to Resume Cetus Protocol, a leading decentralized exchange (DEX)…
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Readers Dessert May 25, 2025
  • Bitcoin

Ethereum’s DeFi Reign Slips 37% Since 2021—A Blockchain Power Shift?

Readers Dessert May 25, 2025
Current metrics place the total value locked into decentralized finance (DeFi) at approximately $117.856 billion. Ethereum, once commanding more than 56% of that figure at the close of 2024, has since dipped…
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