DeFi


Tech

Polyhedra Blames Liquidity Attacks for Sudden 80% Price Drop in ZKJ, Promises Buyback

Co‑founder Tiancheng Xie revealed that Polyhedra Network is launching a buyback strategy to support ZKJ token prices after an “egregious” liquidity attack wiped out over 80% of its value.

(Shutterstock)

Finance

TON-Based Protocol Affluent Wants to Make Telegram a Financial Super App

Affluent, which will be accessed as a mini app within Telegram, has debuted as a kind of "smart bank for crypto"

Telegram app on a smartphone (Christian Wiediger/Unsplash)

Finance

Crypto Lending Platform Morpho V2 Brings DeFi Closer to Traditional Finance

Morpho V2 delivers market-driven fixed-rate, fixed-term loans with customizable terms to meet the demands of institutions and enterprises.

Paul Frambot, CEO Morpho Labs (Morpho)

Markets

AAVE Breaks Key Resistance as DeFi Sector Heats Up

SEC Chair Atkins' remarks earlier this week spurred optimism for the sector's future.

AAVE price on June 11 (CoinDesk)

Markets

Ether, Dogecoin Surge, Outpaces Bitcoin as DeFi Comments Spurs Bullish Mood

Ether outpaces bitcoin on fresh institutional inflows and rising demand for tokenization, signaling a potential push towards its all-time high.

bull, bear

Markets

Aave, Uniswap, Sky Tokens Surge Over 20% as SEC Roundtable Spurs DeFi Optimism

Market observers heralded the SEC Chair Atkins' comments as positive development for the sector, with Binance founder CZ saying that June 9th "will be remembered as DeFi day."

SEC Chairman Paul Atkins (Jesse Hamilton/CoinDesk)

Policy

U.S. SEC Chair Says Working on 'Innovation Exemption' for DeFi Platforms

In a final SEC crypto roundtable, the securities watchdog dug into decentralized finance, with Chairman Paul Atkins promising efforts to ease developers' path.

U.S. Securities and Exchange Commission Chairman Paul Atkins (Jesse Hamilton/CoinDesk)

Finance

Crypto Lender Maple Finance Expands to Solana With Chainlink

Maple’s ecosystem has allocated $500,000 in incentives and coordinated over $30 million in liquidity.

Maple leaves on a branch

Finance

Core Foundation, Bitcoin Layer 1 With Over $500M Staked BTC, Adds BitGo and KODA as Validators

Core Foundation has announced BitGo and KODA as new validators, enhancing institutional adoption of Bitcoin-native DeFi.

Core adds BitGo and KODA to the validator set. (Yamu_Jay/Pixabay)

Finance

DeFi Platform Cork Protocol Suffers $12M Smart Contract Exploit

Cork Protocol has paused all markets as a precaution.

Hacker working on two laptops (Azamat E/Unsplash)