DeFi
DeFi Platform Cork Protocol Suffers $12M Smart Contract Exploit
Cork Protocol has paused all markets as a precaution.

Alpaca Finance, Once a DeFi Giant on BNB Chain, Will Shut Down
The leveraged yield farming pioneer cites falling revenue, failed M&A talks, and last month’s Binance delisting as reasons for shutting down after a four-year run.

Securitize’s Tokenized Credit Fund Set for Solana DeFi Debut as RWA Trend Expands
Kamino Finance and Steakhouse Financial are teaming up to bring Securitize's ACRED token to the fast-growing Solana DeFi ecosystem.

True Markets Raises $11M in Series A, Launches Mobile-First DeFi Trading App on Solana
The funding round was co-led by Accomplice and RRE Ventures, with participation from Reciprocal Ventures, Variant Fund and PayPal Ventures.

Consensus Toronto 2025 Coverage
Smokey The Bera to Make Berachain More Resilient to Crypto Volatility
Market reflexivity is a big problem in DeFi.

DEX Aggregator CoW Swap Targets 33% Trading Boost With Collaboration Feature, More Rewards
The new system will let solvers work together to offer traders the best swaps.

The Protocol: Lido Avoids Major Hack
Also: Bitcoin DeFi Blossoms, Fusaka Planning Begins, and Telegram Cracks Down on Crypto Crime Marketplace

Synthetix Considers Purchase of Options Platform Derive in $27M Token-Swap Deal
If approved, the uncommon token swap deal would reunite two previously split protocols as Synthetix expands its derivatives suite.

DeFi Savings Protocol Sky Slumps to $5M Loss as USDS Interest Payments Wipe Out Profit
The first-quarter loss is a stark turnaround from the previous quarter, when Sky registered a $31 million profit.

Morgan Stanley Crypto Chief Exits to Launch DeFi Fund in Switzerland: Bloomberg
Andrew Peel plans to start fundraising for the new venture soon, according to the story.

