The Defiant
Exclusive coverage of cryptocurrency markets, blockchain innovations, and digital asset trends
Puffer Teams Up With Anchorage to Bring Ethereum Restaking to Institutions
Ethereum restaking protocol Puffer Finance has partnered with Anchorage Digital to provide institutional clients with access to pufETH, Puffer's liquid restaking token, via Anchorage's regulated custody platform.The integration allows institutions to gain exposure to Ethereum sta...
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BNB Chain Overtakes Ethereum, Base by Number of AI Agents
BNB Chain has surpassed Ethereum as the blockchain hosting the largest number of AI agents operating under the ERC-8004 ...
Tether Backs Ark Labs to Bring Stablecoins Back to Bitcoin
USDT issuer Tether has made a strategic investment in Ark Labs, the team developing Arkade, a programmable infrastructur...
BlackRock Launches Staked Ethereum ETF
BlackRock today debuted the iShares Staked Ethereum Trust ETF (Nasdaq: ETHB) — the firm's first crypto exchange-traded f...
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Ethena Proposes Replacing 7-Day sUSDe Unstaking Period With Dynamic Cooldown
Ethena Labs has put forward a governance proposal to replace the protocol's static 7-day sUSDe unstaking cooldown with a dynamic model that adjusts based on the composition of USDe...
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CFTC Launches Sweeping Review of Prediction Markets
The Commodity Futures Trading Commission (CFTC) on Thursday issued a pair of actions signaling its intent to build a comprehensive regulatory framework for prediction markets, an i...
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Lido Launches Its First Stablecoin Vault
Lido, DeFi’s largest liquid staking protocol by total value locked, has launched EarnUSD, its first stablecoin vault, according to a press release shared with The Defiant. The new ...
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Optimism Developer Op Labs Cuts 20% of Staff in Effeciency Push
The development company behind Ethereum Layer 2 network Optimism has laid off 20 employees — what appears to be approximately 20% of its team. The news was announced by OP Labs CEO...
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Bitcoin Holds Above $70,000 as U.S. Inflation Remains Subdued
Crypto markets extended their gains on Wednesday after the Bureau of Labor Statistics reported that the consumer price index increased 0.3% for the month, putting the annualized U....
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Ethena's Deployed Capital Slumps as Demand for Leverage Dries Up
The crypto derivatives market is sending an unusual signal: directional longs and directional shorts are nearly equal, a condition analysts say is historically unsustainable and co...
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