DeFi news
-
Cantor Fitzgerald faces Senate Democrat’s probe over Tether ties
The letter follows a report by the Democratic investigators last month alleging Tether’s USDT has become a key tool for Iran’s shadow banking network.
-
China’s P2P stablecoin wallets surge 43x, Korea’s $450B crypto economy: Asia Express
Despite ongoing bans, China has seen a big surge in peer-to-peer stablecoin use. New figures show South Korea’s $450B crypto economy is the largest in East Asia.
-
Top Democrat among Senate investigators probes ties between Cantor Fitzgerald, Tether
As Democrats steadily rise in their potential to take back a Senate majority, Senator Richard Blumenthal is digging into Tether's U.S. financial partnership.
-
Polkadot Launches USDT-Backed dotUSD Under OpenGov
The stablecoin has about 2.77 million tokens in total supply, while DOT-backed borrowing is planned for a later phase.... Read the full story at The Defiant
-
Kyrgyzstan Winds Down Gold-Backed USDKG After UK Sanctions
Holders can request fiat or USDT as the project prepares to retire its tokens, but the shutdown documents leave the gold reserves’ disposition unspecified.... Read the full story at The Defiant
-
Wall Street's tokenization boom could have bigger winners than bitcoin and ether, Citrini says
The research firm sees tokenized stocks, bonds and loans creating new markets for trading and lending, with fee-generating platforms and companies poised to benefit.
-
Aave Lists December AUSD PT on Monad With 93% Borrowing Limit
The new reserve has filled its 30 million-token supply cap, with Aave displaying $29.67 million supplied.... Read the full story at The Defiant
-
Juventus FC stock is down 30% since Tether invested
Tether invested in Juventus, Italy's most successful football club, in February, 2025, taking an 8.2% stake. Since then, the buying has continued, with the stablecoin giant now holding over 11% of total Juventus shares and 7% of voting rights. Since Tether’s original investment, however, Juventus’s...
-
Solana DeFi Firms Orca and Loopscale Merge Under New Formation Brand
Solana DEX Orca and lending platform Loopscale will operate as Formation, a New York company aiming to finance AI, energy, robotics and defense assets and eventually reach regulated U.S. markets.
-
Decrypt Money Accounts on Solana to Power The Information Exchange
One self-custodial platform to power Earn, Swaps, Predictions and Perps on Decrypt, as it builds out its financial and intelligence market.
-
Wallet Shifts 150 Million USDT From Aave to Spark Savings
Aave’s Ethereum USDT reserve showed $169.54 million in available liquidity on Oct. 8, after withdrawals coincided with double-digit borrowing rates.... Read the full story at The Defiant
-
Understanding Digital Money and Digital Yield
Bitcoin Magazine Understanding Digital Money and Digital Yield The new business model of building on top of digital credit to create digital money and digital yield can be roughly categorized into two different architectures. Debt-based, tranching structures Full-reserve, spendable balance...
-
Securitize launches 1:1-backed tokenized stocks, starting with Apple, Nvidia, Strategy and more
Securitize launches tokenized US stocks on Solana, backed 1:1 by real shares with dividends and USDC settlement.
-
Why Bitcoin’s Liquidity Advantage Matters as Institutions Move In
Bitcoin Magazine Why Bitcoin’s Liquidity Advantage Matters as Institutions Move In Bitcoin’s portability, divisibility and accessibility could increasingly distinguish it from traditional stores of value as more institutions enter the market, according to SALT Lending CEO and Co-Founder Shawn Owen....
-
Shawn Owen: Bitcoin’s First Institutional Cycle Has Arrived
Bitcoin Magazine Shawn Owen: Bitcoin's First Institutional Cycle Has Arrived Banks and credit unions are racing to adopt Bitcoin, and SALT Lending CEO Shawn Owen says the FOMO is real. In this interview, Shawn Owen joins Grace Remington and Sean Hagan to talk about Bitcoin as pristine collateral,...
-
Crypto lending rises again… but have they solved the risks?
Crypto lending has risen by 55% since July, but now has to deal with the dangers of AI assisted hacks, and risks cascading through interlinked protocols. Here’s how to stay safe.
-
Initiate ‘bunker mode’ to protect crypto from AI, says Justin Drake
Senior Ethereum Foundation researcher Justin Drake, who has spent months warning about the supposedly imminent cybersecurity threat of quantum computing, has escalated his rhetoric with a prediction that AI will “break” elliptic curve cryptography within “months.” Warning the threat could arrive...
-
NUVA brings U.S. residential mortgage credit to offshore investors
The company's HOME token gives eligible investors exposure to a vault of U.S. home equity lines of credit starting from 1 USDC and targets a 7% annual yield.
-
Samsung Wallet Taps Solana for USDC Transfers on 82M US Galaxy Devices
Users can send USDC across borders from late October, three months after Samsung teased stablecoin support without naming a blockchain.
-
Samsung integrates USDC to overhaul cross-border remittances for 82 million Galaxy users
Eligible users will be able to send USDC abroad or send local-currency payouts to bank accounts in more than 60 countries, starting late October.
-
Samsung Wallet to add USDC transfers for US Galaxy users in October
Eligible US Galaxy will be able to send USDC to crypto wallets and transfer funds to bank accounts in more than 60 countries.
-
Bitcoin loans are paying for tuition and working capital, not just trades, lenders say
Bitcoin-backed lending is evolving into a mainstream source of credit, with borrowers using BTC to access liquidity without selling.
-
Samsung to launch USDC transfers on Solana for US Galaxy users
The South Korean tech giant said the feature is built into Samsung Wallet, with fiat on- and off-ramps, rather than a separate crypto app.
-
Samsung Wallet to Add USDC on Sui in Late October
Bastion and Coinbase will custody the balances, while transfers to bank accounts in more than 60 countries will carry separate fees.... Read the full story at The Defiant
-
Circle brings USDC, EURC payments to SAP customers through Tereina
The partnership with SAP-backed Tereina will let businesses send and receive Circle’s stablecoins from within the financial software they already use.
-
Tether Signs Deal With Kazakhstan's Central Bank to Explore a Stablecoin and Tokenized Assets
Tether, issuer of the USDT stablecoin, will help Kazakhstan's central bank study a tenge-pegged token and put real-world assets on a blockchain.
-
Wells Fargo in talks with Kraken parent Payward for crypto trading liquidity
The discussions would see Payward supply liquidity for crypto trading as major banks deepen their involvement in digital assets.
-
Inside EQIBank’s $84M seizure
EQIBank, used by Tether, had 80% of its assets frozen as part of a seizure targeting Capstone Limited, according to reporting from the Financial Times . According to the reporting, the relationship between Tether and EQIBank was related to Marlin Capital Partners. This reporting further claims that...
-
GSR Commits $100 Million to Hare Vault Business
The first Aave-powered products will target stablecoins and tokenized gold, with outside investors expected to join GSR in the vaults. Opening dates are still to come.... Read the full story at The Defiant
-
Hunter Biden says LAPTOP market maker should ‘buy it all back and burn it’
A commissioned report details thin liquidity and market-maker-linked gains during LAPTOP’s launch.