Category: DeFi & DApps
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Stablecoins Shatter $250B Barrier in Historic Crypto Milestone – Crypto News Bitcoin News
The stablecoin market has surpassed $250 billion, marking a historic milestone in cryptocurrency. Over $2.5 billion was added in just one week, highlighting rapid growth in fiat-pegged digital tokens.
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Restaking Bitcoin: Unlocking Productive Capital Without Compromise (Interview With SatLayer’s CEO)
The article discusses Bitcoin restaking, an emerging DeFi concept that unlocks Bitcoin’s economic potential without compromising its base-layer integrity, featuring insights from SatLayer’s CEO Luke Xie.
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Sui DEX Cetus Restarts from $220 Million Exploit, Hits Top Ten DEX in Hours – Coinspeaker
Sui DEX Cetus relaunches after a $220 million exploit, using reserves, loans, and recovered funds to restore liquidity. It compensates users with 15% of CETUS tokens and returns to top-ten DEX status.
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Sui DEX restarts, plots open-source move after massive exploit
Cetus Protocol, a Sui DEX, relaunches after a $220M exploit, plans open-source transition, and implements compensation. Funds were partially recovered, and legal action against the attacker continues.
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Cetus Protocol Relaunches After $220M Hack, Restores Liquidity – Crypto News Bitcoin News
Cetus Protocol has resumed operations two weeks after a $220M hack, restoring liquidity and LP functions on its Sui and Aptos-based DEX platform.
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Bitcoin DeFi Project ALEX Protocol Targeted In $8.3M Exploit
Bitcoin DeFi platform ALEX Protocol lost $8.3M due to a self-listing verification flaw. The team pledged compensation via USDC from its treasury. This follows a 2024 exploit by Lazarus hackers.
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Sui Hits New DEX Volume High: Cetus, Bluefin Fuel Growth
Sui’s DEX volume reached $304.3M daily in Q1, driven by Cetus and Bluefin. Despite SUI’s price drop, NFT activity grew. Institutional interest rose, but a $223M exploit on Cetus impacted Q2.
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Stacks [STX] down 31% after Alex Protocol exploit – Details
Stacks [STX] price dropped 31% after Alex Protocol’s $8.3M exploit. The team plans full USDC reimbursement to affected users, aiming to restore confidence in the Stacks ecosystem.
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DappRadar: DeFi and NFT Upticks in May Could Mark Start of Recovery
DappRadar reports a potential recovery in DeFi and NFT sectors in May 2025, with increased user activity, trading volumes, and TVL growth amid broader crypto market gains.
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Why Coinbase Brought Dogecoin and XRP to Ethereum Network Base – Decrypt
Coinbase launched wrapped tokens cbDOGE and cbXRP on its Base network to enhance DeFi compatibility, allowing users to leverage XRP and Dogecoin as collateral in decentralized finance applications.