Category: DeFi Digest
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YZi Labs invests in Avalon Labs to advance Bitcoin-powered finance
YZi Labs invests in Avalon Labs to advance Bitcoin-powered finance, focusing on regulated on-chain Bitcoin financial services and Bitcoin-backed lending products like USDa stablecoin.
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CZ’s YZi Labs Ignites Avalon, Bitcoin DeFi’s $500M Ecosystem
CZ-backed YZi Labs invests in Avalon Labs, a Bitcoin DeFi platform with $500M TVL, offering BTC-collateralized lending, stablecoin USDa, and credit services, aiming to scale globally with regulatory compliance.
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Crypto Funding: Hyperdrive Raises $6 mn to Build Stabelcoin Money Market
Hyperdrive raised $6M in Series A funding to build a stablecoin money market on Hyperliquid blockchain. The protocol aims to provide yield for idle stablecoins, launching May 27 with USDe lending and borrowing against BTC, ETH, or HYPE.
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Flipster Launches APR Supercharge With Up to 122% Yield on USDT—Setting a New Competitive Benchmark
Flipster launches APR Supercharge, offering up to 122% APR on USDT deposits from June 1-14, 2025. Combines deposit yields and trading incentives with no lock-up periods and daily USDT rewards.
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Flipster Launches APR Supercharge With Up to 122% Yield on USDT—Setting a New Competitive Benchmark – The Daily Hodl
Flipster launches APR Supercharge, offering up to 122% APR on USDT deposits from June 1-14, 2025. Users earn 20% base APR, with boosts for trading volume and network deposits, stackable with existing rewards.
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Synthetix Drops $27M Token Swap Deal to Acquire Derive’s Options Platform
Synthetix and Derive canceled a $27M token swap deal after community backlash over valuation and token dilution concerns. Both platforms will continue independently, focusing on their respective roadmaps.
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Crypto Lending Platform Ledn Transitions to Bitcoin-Only Loan Model, Discontinuing ETH and Growth Accounts – News Bytes Bitcoin News
Ledn crypto lending platform shifts to bitcoin-only loans by July 2025, dropping ETH and growth accounts to focus on safer, simpler bitcoin-backed financial services.
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Understanding Bitcoin yield: staking, liquid staking tokens and vaulted strategies
The article explores Bitcoin yield opportunities through native staking via Babylon protocol and liquid-staking tokens like LBTC, detailing their mechanisms, benefits, and risks for earning passive income.
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$220M stolen in minutes, $6M bounty offered – Cetus’ recovery plan explained
Cetus DEX suffered a $220M hack, froze $162M, and offers a $6M bounty for recovery. The team is negotiating with the hacker and seeking community support via a governance vote.
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Blockchain security firm releases Cetus hack post-mortem report
Dedaub’s report reveals the Cetus hack exploited a liquidity parameter flaw, bypassing overflow checks to steal $223M, with most funds now frozen by Sui network validators.
