Category: DeFi & DApps
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Aave’s USDT liquidity takes a hit after Justin Sun-linked HTX’s $570 million withdrawal
Aave’s USDT liquidity dropped below $100M after a Justin Sun-linked HTX wallet withdrew $570M, causing rate spikes and market shifts, though Aave remains dominant in DeFi lending.
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Coinbase Rolls out Wrapped XRP and Dogecoin on Base for DeFi Access – Bitcoin News
Coinbase introduces wrapped XRP and Dogecoin on Base, enabling DeFi access for these assets on its L2 blockchain, expanding utility for traders.
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Curve Founder Warns of ‘For-Hire’ Hackers Coordinating Cross-Platform Attacks – Decrypt
Curve Finance founder warns of coordinated ‘for-hire’ hacker attacks targeting DeFi platforms, citing a recent DNS breach. CertiK reports $229M lost to code vulnerabilities in May, highlighting crypto’s irreversible transaction risks.
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Nibiru Launches ”Block Party” Aura Program to Reward Real DeFi Activity – The Daily Hodl
Nibiru launches Block Party Aura Program to reward real DeFi activity with points for trading, liquidity, lending, and quests on its EVM ecosystem, featuring multipliers and Sybil resistance.
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World Liberty Financial Distributes $47 USD1 to WLFI Holders in Massive Airdrop
World Liberty Financial airdropped $47 USD1 to each WLFI holder, distributing $4 million total. The tokens are currently non-tradable but may become so after a future governance vote.
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XRP, DOGE News: Coinbase Unlocks DeFi Opportunities for XRP, DOGE Holders on Base
Coinbase enables XRP and DOGE holders to access DeFi opportunities on Base via wrapped tokens cbXRP and cbDOGE, backed 1:1 by native assets, facilitating interoperability and yield generation.
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Variational Announces $1.5 Million Strategic Round And Launches Referral Program
Variational raised $1.5M in strategic funding and launched a referral program for its Omni platform, a zero-fee perpetual futures trading protocol on Arbitrum.
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Systemic risk on the rise as leverage interdependencies tighten between CeFi, DeFi and crypto treasuries
Galaxy Digital’s report highlights rising systemic risks in crypto due to interconnected leverage between CeFi, DeFi, and corporate treasuries, with $39B in crypto-collateralized debt outstanding.
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Variational Announces $1.5 Million Strategic Round And Launches Referral Program – The Daily Hodl
Variational raised $1.5M in strategic funding and launched a referral program for its Omni platform, a zero-fee perpetual futures trading protocol on Arbitrum.
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Ledn – Bitcoin Backed Loans – Brave New Coin
Ledn offers Bitcoin-backed loans and savings products, enabling users to access liquidity or earn interest without selling crypto. The platform emphasizes security, transparency, and regulatory compliance.
