DeFi

DeFi

Finance

Ethereum Foundation finalizes sale of 10,000 ether to BitMine as part of its treasury strategy

The latest transaction follows a similar March deal in which the foundation sold 5,000 ETH to BitMine, raising roughly $10.2 million.

Tom Lee Consensus Hong Kong 2026

Videos

Powell has 'no choice' but to stay at Fed as governor

Federal Reserve Chair Jerome Powell said he has "no choice" but to remain at the Fed as a Governor after his chairmanship ends in May, citing ongoing legal pressure from the Trump administration. Will the three hawkish dissents complicate Kevin Warsh's path to rate cuts? CoinDesk's Jennifer Sanasie hosts "CoinDesk Daily."

Powell has 'no choice' but to stay at Fed as governor

Finance

The long con: How North Korean spies spent months in-person to drain $285 million from Drift

The security intelligence research firm said North Korean-state-backed hackers account for 76% of all crypto scam and hack losses in 2026 and have stolen $6 billion since 2017.

Hackers Break Into Thousands of  Security Cameras, Exposing Tesla, Jails, Hospitals

Finance

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.

Hacker facing screens with lines of code (Boitumelo/Unsplash)

Tech

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.

(Element5/Unsplash)

Finance

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.

VISA credit card (Shutterstock)

Markets

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.

Laptop, calculator and documents on table (Jakub Żerdzicki/UJnsplash)

Videos

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."

2026 Hard Fork Proposal Sparks Outrage Over Use of Satoshi's BTC

Finance

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.

A wad of dollar bills changes hands (Shutterstock)

Finance

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.

DeFi is battered and bruised, but not dead (Unsplash)