The Defiant
Exclusive coverage of cryptocurrency markets, blockchain innovations, and digital asset trends
Aave DAO Asked to Commit 25,000 ETH to Industry-Wide rsETH Recovery Fund
Aave's decentralized governance body is being asked to contribute 25,000 ETH from its treasury to a coordinated recovery effort following the April 18 exploit of Kelp DAO's rsETH bridge, according to a proposal published Thursday by Aave service provider TokenLogic.The contributi...
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Ethereum Foundation Sells 10,000 ETH to BitMNR at $2,387 Average Price via OTC: Ethereum Foundation
The Ethereum Foundation finalized terms of a 10,000 ETH sale at an average price of $2,387 per token via over-the-counte...
DeFi United Fundraising Chips Away at Kelp Exploit Shortfall
The "DeFi United" industry recovery effort spearheaded by Kelp and Aave Labs has filled 73,700 ETH of the 163,200 ETH ho...
Lighter Unveils Multi-Asset Margin Starting With ETH
Decentralized perpetuals exchange Lighter is rolling out Multi-Asset Margin today, enabling traders to post non-USDC ass...
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Bitcoin Holds Near $78K as $10B of Options Settle on Deribit
Crypto markets were relatively calm on Friday as the largest Deribit options settlement of the month cleared roughly $9.87 billion in notional exposure, with traders now turning th...
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Seven-Day Countdown to MEGA Begins as MegaETH Clears First KPI
Ethereum Layer 2 blockchain MegaETH has cleared the first of its three self-imposed performance hurdles and scheduled the token generation event (TGE) for its native MEGA token for...
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Aave Announces 'DeFi United' Relief Fund to Restore rsETH Backing After Kelp Exploit
Aave is rallying the DeFi ecosystem under a coordinated effort it's calling "DeFi United" to help make users whole after the April 18 Kelp bridge exploit left rsETH — a liquid rest...
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Bitcoin Pulls Back From $78K As Persian Gulf Risk Trumps Institutional Bid
Crypto markets sold off broadly on Thursday as traders booked profits after a week-long rally that had pushed Bitcoin back toward $80,000.Bitcoin is changing hands at $77,955, down...
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Tether Freezes $344M USDT in Coordination with U.S. Law Enforcement
Tether said Thursday it has frozen $344 million in USDT across two wallet addresses on the Tron blockchain, acting on information shared by U.S. authorities about activity tied to ...
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Lotus Taps WisdomTree Money Market Fund to Build Yield Floor into DeFi Lending
Pre-launch DeFi lending protocol Lotus has announced that WisdomTree's Treasury Money Market Digital Fund (WTGXX) will serve as part of the reserve framework backing LotusUSD, its ...
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