Sui Community Launches Vote on Recovering $162,000,000 in Stolen Crypto From Hacker – The Daily Hodl
The Sui community is voting to recover $162 million in stolen crypto from a hacker who exploited Cetus Protocol. The proposal requires 50% validator stake approval, with 71% already voting yes.
Midas launches tokenized T-Bill on Algorand
Midas launched a tokenized US Treasury bill on Algorand, enabling European investors to access yield-bearing bonds with no minimum investment. The mTBILL offers 4.06% yield and lower entry barriers than competitors like BlackRock’s BUIDL.
Jack Mallers Announced A New System Of Bitcoin Backed Loans At Strike
Strike CEO Jack Mallers announced Bitcoin-backed loans at 9-13% interest rates, criticizing traditional banks’ high rates and advocating Bitcoin as a stable, sovereign asset.
Ethereum Foundation Moves Deeper Into DeFi with $2 Million GHO Loan – “The Defiant”
The Ethereum Foundation borrowed $2 million in GHO stablecoin from Aave, signaling a shift toward DeFi borrowing over ETH sales for operational funding. This move follows criticism of its ETH liquidation strategy.
Ethereum Foundation embraces DeFi borrowing $2M in stablecoins on Aave using ETH collateral
The Ethereum Foundation borrowed $2M in GHO stablecoins using wETH as collateral on Aave, showcasing DeFi’s utility and avoiding ETH sales for liquidity.
Reactive Network Launches Phase 2 of Its Staking Program with New Pools and Increased Flexibility
Reactive Network launches Phase 2 of its staking program, offering flexible lock-up durations, enhanced UI, and a 2.3M REACT reward pool. Participants can choose 30, 60, or 90-day staking options.
Donut Labs raises $7M to launch first ‘agentic’ crypto browser
Donut Labs raised $7M to develop an AI-powered ‘agentic’ crypto browser that autonomously executes blockchain transactions like swaps and yield farming.
No more ETH dumps? Ethereum Foundation turns to DeFi for cash
The Ethereum Foundation borrowed $2 million in GHO stablecoin from Aave, signaling a shift toward DeFi strategies for managing its treasury and reducing ETH sell-offs.
Mezo Network Launches Mainnet With 1% Borrowing Rates, MUSD Stablecoin, and Yield Vaults for Bitcoin Users – “The Defiant”
Mezo Network launches its Bitcoin-focused DeFi mainnet, offering 1% borrowing rates, MUSD stablecoin, and yield vaults to help users leverage Bitcoin without selling.
Ethena’s sUSDe yields lure liquidity: Does AAVE now face a bearish break?
Ethena’s sUSDe yields are attracting DeFi liquidity, challenging Aave’s lending model. AAVE prices weaken as Ethena PTs surge past $1B in collateral, offering higher yields. Aave’s borrowing rates decline, signaling potential capital outflow.
