DeFi

NUVA brings U.S. residential mortgage credit to offshore investors
The company's HOME token gives eligible investors exposure to a vault of U.S. home equity lines of credit starting from 1 USDC and targets a 7% annual yield.

Crypto investment firm Deus X Capital shuts down as backers pursue separate strategies
CEO Tim Grant will lead AI venture TensorX, while CIO Stuart Connolly stays to oversee the firm’s formal unwind in January.

KelpDAO sues LayerZero for the largest exploit 2026 has seen so far
The cross-chain lending protocol accused LayerZero and its co-founder Brian Pellegrino of failing to disclose weaknesses in their protocol, which led to the $292 million hack.

SEC opens door to tokenized U.S. stock trading. Here’s who could benefit
The five-year experiment gives DeFi-style trading venues, tokenization firms and liquidity providers a new U.S. pathway while leaving synthetic stock tokens outside the framework.

Solana lender Kamino taps fintech veteran Michael Weisz as CEO for massive U.S. expansion
Michael Weisz will lead Kamino from a new New York headquarters as the DeFi lender is expanding into tokenized assets.

A hacker turned 25 cents of bitcoin into 46 billion fake BTC tokens on a DeFi bridge
Two software bugs allowed the attacker to create more than 2,000 times Bitcoin’s maximum supply in unbacked syBTC. Symbiosis puts preliminary losses at 9.97 BTC.

How Curve's soft liquidation model lets borrowers survive market drawdowns
Data tracked by lending platform Curve data tracked 704 soft-liquidation instances lasting a median 14.5 days, showing how some DeFi loans can survive for weeks after entering the 'danger zone.'

Coinbase tokenized stocks hit $100M in volume; first Zcash ETF and Strategy yield goes DeFi
On this episode of CoinDesk's Public Keys from the New York Stock Exchange, host Jennifer Sanasie is joined by Ben Spiegelman, Head of Institutional at Base, to break down Coinbase's newly launched tokenized stocks. Zach Pandl, Head of Research at Grayscale, unpacks the debut of the first-ever Zcash ETF. Plus, Solstice CEO Ben Nadareski explains strcUSX, a Solana-based product that splits the economics of Strategy's STRC preferred into senior and junior tranches. - Learn more at bullish.com. - Register now for CoinDesk's Policy and Regulation event on September 22, 2026: policy-regulation.coindesk.com. - To get market-moving news delivered daily, download CoinDesk's mobile app: linktr.ee/coindeskapp.

Firelight raises $8 million, expands beyond XRP as it aims to make DeFi less scary for fintechs
The protocol aims to give fintechs and investors a faster way to recover losses from DeFi hacks, while letting XRP, bitcoin and XLM holders earn yield by backing that protection.

Ethena pushes stablecoins into everyday banking with high-yield savings, cards and payments
Ethena Pay offers a 6% dollar savings rate and 5% card cashback, using Avalanche for settlement.
