DeFi news
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Cardano's Programmable Token Standard Goes Live With Issuer Controls
Wallets, DEXs and lending protocols need integration changes to handle the assets, whose issuer-selected rules can permit freezes and forced transfers.... Read the full story at The Defiant
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Polygon taps TRON’s $94 billion stablecoin supply for seamless cross-border transfers
Polygon said businesses can also move the world’s largest stablecoin USDT between TRON and EVM networks without connecting to a wallet provider, bridge or fiat-ramp operator.
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Tether, Kazakhstan cenbank mull tenge stablecoin and asset tokenization
The agreement will explore a tenge-backed stablecoin pilot and a framework for tokenizing real-world assets as Kazakhstan expands its digital asset industry.
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Lido Unveils Morpho-Based Lending Protocol for Staking Loops
Lido Lend targets a fourth-quarter launch, with collateral screening and reliable exits among its design goals. DAO votes and technical disclosures are still ahead.... Read the full story at The Defiant
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Coinbase brings global crypto derivatives liquidity to US with Deribit integration
US institutions will gain access to Deribit’s options and perpetual futures through Coinbase, with US retail options expected later this year.
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Bitcoin Dips Below $83K as Oil Shock Rattles Markets: What Happens Next?
Bitcoin fell sharply as oil topped $101 and the 30-year Treasury yield hit its highest since 2002. The daily chart still leans bullish. The four-hour chart disagrees.
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Tether tapped by Kazakhstan’s central bank to explore stablecoin and tokenization
The National Bank of Kazakhstan said it will study a local currency-linked stablecoin and tokenized real-world assets with Tether.
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Moody’s gives Sky Protocol B3 rating as institutional interest in USDS grows
Moody's assigned Sky a B3 issuer rating with a stable outlook, its first rating of a stablecoin protocol. Sky is also rated B- by S&P.
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Crypto trading giant GSR's new vault business is a $100M bet on onchain credit
The firm is putting its own capital into stablecoin and tokenized gold vaults as institutional finance moves further onchain.
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Wall Street wealth creation model is unsustainable for most participants: Hyperliquid CEO
Early Wall Street wealth-creation opportunities remain inaccessible to retail participants, but Hyperliquid’s perpetual contracts aim to democratize access, according to its CEO.
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Jito’s JTX plans mobile app this fall, eyes perps integration later this winter
Jito’s JTX plans a mobile app, equities feature, and perpetual futures as it expands beyond spot trading on Solana.
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Rain is seeking a national trust bank charter to bypass third-party banks
The stablecoin payments company’s proposed New York trust bank would custody digital assets and dollars, manage stablecoin reserves and issue and redeem dollar-backed tokens.
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‘Every single exchange’ will have to adopt public blockchain infrastructure to compete, Hyperliquid Policy Center CEO says
Chervinsky says that beyond regulated perps, onchain markets need to enter the U.S. regulatory perimeter, a step he expects will happen soon.
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Circle Welcomes DJ Khaled to 'Team USDC' and Crypto Twitter Is Furious
Nothing in Circle's posts announces a sponsorship, but replies dug up Khaled's 2018 SEC settlement over a crypto fraud he promoted. The internet never forgets.
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Kalshi Launches US 500 Perpetual Future With No Expiration
The stock-index contract uses daily funding payments and futures-account collateral; Kalshi displayed maximum leverage of 15.3 times on launch day.... Read the full story at The Defiant
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Crypto Card Payments Hit Record $12.5 Billion as Stablecoin Adoption Surges
Bitcoin Magazine Crypto Card Payments Hit Record $12.5 Billion as Stablecoin Adoption Surges Payment volume processed on crypto cards has climbed to a record $12.5 billion, up 140% year-to-date, according to data from paymentscan.xyz , first shared by The Kobeissi Letter. The figure is also 247%...
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Housingwire’s Logan Mohtashami: Real Estate vs Bitcoin & Bond Market Outlook
Bitcoin Magazine Housingwire's Logan Mohtashami: Real Estate vs Bitcoin & Bond Market Outlook Mortgage rates just hit their highest level in nearly three years, and homebuyers are already pulling back. HousingWire Lead Analyst Logan Mohtashami explains why the 10-year Treasury yield keeps climbing...
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Conduit sues Tether over allegedly freezing $2.8M without explanation
The lawsuit alleged that Tether froze USDt funds in a Conduit wallet tied to an investigation launched by Brazilian authorities in 2024.
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Tether Hit With Lawsuit Over $2.76 Million Stablecoin Freeze
The payments firm alleges Tether froze its treasury wallet on its own initiative over a Brazilian investigation it has no connection to—and has profited from the reserves while refusing to release the funds for more than a year.
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Conduit Sues Tether Over $2.76 Million in Frozen USDT
The payments firm seeks a court order restoring access to its treasury wallet, saying the loss of working capital has slowed client settlements.... Read the full story at The Defiant
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Conduit sues Tether over $2.8M USDT freeze
A lawsuit filed by crypto payments firm Conduit has accused Tether of unlawfully freezing $2.76 million worth of its USDT and refusing to give it back for over a year. Conduit filed the lawsuit in New York yesterday. It claims that Tether froze the funds in September 2025 and repeatedly referred...
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Anchorage Digital Buys Routable to Add Corporate Payment Rails
Routable will operate under a new brand, with integrated stablecoin and tokenized deposit offerings rolling out over the coming quarters.... Read the full story at The Defiant
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Conduit sues Tether over $2.76 million freeze, says it has ‘no legal entitlement’ to funds
Conduit is suing Tether in NY federal court, alleging the USDT issuer froze $2.76 million of its funds for over a year without explanation.
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Firelight Begins Writing DeFi Cover Backed By Staked XRP
The protocol's first cover positions went to two Sentora vaults, with payouts standing behind 50.2 million XRP staked on Flare. Claims are decided by a five-firm consortium on a three-of-five vote, and the coverage contracts' audits are listed as coming soon.... Read the full story at The Defiant
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Circle’s new USDC ambassador? DJ Khaled
Circle, the issuer of $74 billion stablecoin USDC, has shared a promotional photo of music producer DJ Khaled sporting the new USDC-sponsored Chelsea FC shirt, with CEO Jeremy Allaire posting “welcome to team USDC.” This is despite Khaled’s history of undisclosed shilling of crypto projects, which...
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Bitcoin grinds toward $87K as US equities hit new record highs
Bitcoin price action was kept in check by overhead ask liquidity while US stocks broke out to new all-time highs.
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Agora’s OCC Approval Sets Up AUSD Move to a US Trust Bank
The planned bank would take over issuance and reserves from Agora’s Bermuda entity, but must meet capital, liquidity and compliance conditions before opening.... Read the full story at The Defiant
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Flash Loan Attacks Drained $1.2B From DeFi Between 2020 and 2024: Study
Attacks grew more sophisticated and less predictable over the period, according to researchers who scanned more than 20 billion transactions.
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Solana treasury DeFi Development authorizes CHAD preferred stock buyback program
Solana treasury firm DeFi Development approved an open-ended program to repurchase CHAD preferred stock if it trades below its $10 par value.
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Tokenized Stocks Grew 395% in a Year While DeFi Use Stayed Under 3%
RedStone's report puts lending collateral at roughly $81 million against $3.17 billion of supply, with leveraged equity exposure onchain sitting almost entirely in perpetual futures... Read the full story at The Defiant