Category: DeFi Digest
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DeFi and TradFi must set aside differences for financial system evolution
Traditional and decentralized finance collaboration could unlock new financial products and market efficiencies by combining regulatory frameworks with blockchain innovation.
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Ether.Fi proposes $50 million token buyback joining community trend
Ether.Fi’s $50 million buyback proposal signals growing trend of DAOs returning value to token holders, reflecting competitive pressure in decentralized finance protocols.
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dYdX President confirms US market entry with expanded trading capabilities
dYdX’s US expansion increases decentralized exchange accessibility, signaling growing institutional adoption and regulatory acceptance in the cryptocurrency derivatives market.
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Radiant Capital hacker transfers 5400 ETH to Tornado Cash per PeckShield
The transfer of stolen funds through Tornado Cash demonstrates ongoing money laundering challenges in DeFi, highlighting security vulnerabilities and regulatory scrutiny around privacy tools.
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Revolut offers zero cost stablecoin swaps to 65 million users
Revolut’s zero-fee stablecoin swaps for 65 million users reduce barriers to crypto transactions, enhancing accessibility and potentially increasing stablecoin adoption in retail markets.
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Frax launches FraxNet as an all-in-one money account for stablecoins
Frax introduces an integrated financial platform for stablecoin management, expanding DeFi utility and competing with traditional banking services through streamlined digital asset solutions.
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Garden Finance loses over $5.5 million in exploit announces white hat bounty
The $5.5 million exploit demonstrates ongoing DeFi security vulnerabilities, with the white hat bounty incentivizing ethical disclosure while highlighting systemic smart contract risks.
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IQ and Frax launch KRWQ as first Korean won stablecoin on Base Network
The launch expands stablecoin diversity in DeFi, offering Korean market access and potentially increasing Base Network adoption for cross-border transactions and regional financial integration.
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ZachXBT reveals 25 percent of Garden Finance funds linked to stolen assets
Blockchain investigator ZachXBT uncovers that 25% of Garden Finance funds originate from stolen assets, highlighting ongoing DeFi security vulnerabilities and investor risk exposure.
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Mono Protocol MONO token presale attracts global crypto community attention
The $MONO token presale’s global attention indicates strong community interest in new blockchain projects, potentially signaling market readiness for innovative protocols and token offerings.
