DeFi

DeFi

Markets

Move over bitcoin and quantum risks. Anthropic's Mythos AI could have major implications for DeFi

Claude Mythos Preview identified thousands of zero-day vulnerabilities across every major operating system and browser, including in cryptography libraries that DeFi infrastructure depends on.

(Markus Winkler/Unsplash)

Finance

DeFi yields are crashing so hard that they can't compete with a traditional savings account

DeFi yields have collapsed below TradFi rates, forcing investors to face higher smart contract risks for lower returns as regulation and exploits mount.

DeFi yields struggle to keep up with TradFi (James Coleman/Unsplash)

Tech

How North Korea's 6-month long secret espionage program has crypto community rethinking security

For years, the DeFi industry has treated security as a technical problem: something that could be solved with better code. But the Drift incident suggests something far more complex: that the real vulnerabilities may lie outside the codebase altogether.

(Gorodenkoff/Shutterstock)

Videos

Invesco takes over Superstate’s $900M fund; Franklin Crypto in focus

On this episode of CoinDesk’s Public Keys from the New York Stock Exchange, Jennifer Sanasie is joined by 250 Digital Asset Management CEO Chris Perkins to discuss his firm’s acquisition by Franklin Templeton. Superstate CEO Robert Leshner and Invesco’s Kathleen Wrynn break down their partnership, with Invesco becoming the investment manager of Superstate’s Short Duration US Government Securities Fund (USTB). Plus, NYSE Senior Market Strategist Michael Reinking unpacks the macro environment.

Invesco takes over Superstate’s $900M fund; Franklin Crypto in focus

Markets

Traders are the big winners as 24/7 stocks will finally end the after-hours price 'manipulation'

Round-the-clock markets promise freedom for investors and pressure for intermediaries who traditionally wielded immense power during off-hours

NYSE (By Tobias Deml-Wikimedia Commons)

Videos

JPMorgan & Goldman Sachs eye prediction markets

JPMorgan Chase CEO Jamie Dimon said the bank is considering entering prediction markets and Goldman Sachs has expressed similar ambitions. Would the Wall Street giants adopt blockchain-based systems or stick to traditional infrastructure? CoinDesk's Jennifer Sanasie hosts "CoinDesk Daily."

JPMorgan & Goldman Sachs eye prediction markets

Tech

How a Solana feature designed for convenience let attackers drain more than $270 million from Drift

The exploit did not involve a bug in Drift's code. It used "durable nonces," a legitimate Solana transaction feature, to pre-sign administrative transfers weeks before executing them, bypassing the protocol's multisig security in minutes.

Hacker (Getty Images/Seksan Mongkhonkhamsao)

Tech

Solana DeFi platform Drift confirms 'active attack' as more than $200 million leaves platform

The platform halted deposits while it investigates suspicious activity and urges users to proceed with caution.

CoinDesk

Markets

Lido DAO proposes $20 million LDO buyback to boost price after 95% slide

A proposed treasury buyback of up to 10,000 stETH for LDO highlights how thin DeFi governance token liquidity has become, forcing the DAO to route through centralized exchanges.

(Lido Finance)

Tech

Aave rolls out v4 on Ethereum, aiming to expand DeFi into real-world credit markets

The upgrade has been in development for about two years and is designed to make it easier to use Aave for a wider range of lending and borrowing activities.

Lending money, bills on a person's hands (Christian Dubovan/Unsplash)