DeFi

DeFi shaken by $292 million hack, but showing resilience, Standard Chartered says
The AAVE-led response and new safeguards underscore the sector's maturity as the bank maintains its $2 trillion RWA outlook.

A crypto coalition releases technical proposal to save Aave users from a massive token exploit
DeFi United, a coalition of multiple blockchain projects and crypto ecosystem individuals, has laid out a detailed plan to restore the backing of rsETH after this month’s Kelp DAO hack sent shockwaves through lending markets.

Visa is teaming up with stablecoin firm WeFi to build onchain banks
Collins wants to bring robust stablecoin payments infrastructure to under-banked people around the planet.

Curve founder pitches market-based fix for $700K bad debt in contrast to Aave bailout
The plan allows trapped lenders to sell tokenized claims on deposits, offering buyers an option-like bet on CRV's recovery.

2026 hard fork proposal sparks outrage over use of Satoshi's BTC
Bitcoin developer Paul Sztorc is planning a hard fork called eCash that would give BTC holders equivalent tokens, but the funding plan involves reassigning part of Satoshi Nakamoto's 1.1 million bitcoin to early investors. The community is calling it theft. CoinDesk's Jennifer Sanasie hosts "CoinDesk Daily."

Aave raises nearly 80% of the $200 million it needs to cover bad debt left by Kelp DAO exploit
Blockchain analytics platform Arkham said that the largest contributors are Mantle and Aave DAO, having raised a combined $127 million.

Why DeFi isn't dead despite massive exploits and $13 billion investor exodus
A $292 million exploit and $13 billion TVL drop looks catastrophic on the surface, but the data tells a different story.

How Anthropic’s Mythos model is forcing the crypto industry to rethink everything about security
DeFi leaders say that AI will arm both attackers and defenders, and widen the gap between projects that prioritize security and those that do not.

Schwab brings crypto to 38M users; North Korea 'simply' to blame for recent DeFi hacks
On this debut episode of CoinDesk's new show The Policy Protocol, co-hosts Renato Mariotti and Rebecca Rettig break down Schwab's rollout of crypto to nearly 40 million brokerage accounts and the Kelp DAO hack tied to North Korea. Ari Redbord, Global Head of Policy at TRM Labs, joins to make the case for going on offense against DPRK hackers and cracking down on non-compliant offshore exchanges.

Aave rallies DeFi partners to contain fallout from $292 million KelpDAO hack
Industry players are coordinating a recovery effort as the year's biggest crypto theft rattled Aave, with Lido and EtherFi being firsts to offer aid.

