DeFi

Bitcoin gets its first Treasury-backed stablecoin with USDB launch

Flashnet and Brale will launch a new stablecoin called USDB this summer. The stablecoin is fully backed by U.S. Treasury…

Trump’s crypto firm DT marks DEFI shrinks stake to 40%

One of Donald Trump’s firms has lowered its stake in World Liberty Financial over the past 11 days. The move…

Binance opens crypto trading to Syrians after US sanctions.

Binance, the largest crypto exchange in the world in terms of trading volume, has officially entered the Syrian market. The…

Bitcoin DeFi hit hard: Alex protocol suffers $8.3M exploit

A major security breach struck Alex Protocol on June 6. The exploit targeted a flaw in the platform’s self-listing verification…

$12M Cork Protocol hack prompts smart contracts suspension

Cork Protocol, still new in the world of DeFi, was hacked, and about $12 million worth of crypto assets were…

Crypto’s moving pieces: from lido V3 to binance’s HUMA gamble

The crypto world moved fast this week. Decisions were delayed, platforms were restructured, projects pivoted, and traders kept their eyes…