DeFi

DeFi

Finance

Bunni DEX Shuts Down, Cites Recovery Costs After $8.4M Exploit

The team cannot afford the cost of relaunching the protocol, which would require significant investment in audits and development.

Fluffy bunny (Pablo Martinez/Unsplash)

Markets

AAVE Bounces Amid $50M Token Buyback Governance Proposal

The initiative would make $50 million annual buybacks funded by protocol revenues a permanent feature of Aave’s tokenomics.

"AAVE Climbs 2.4% to $219 Amid 24% Volume Surge, Reflecting Institutional Interest in Crypto Recovery"

Markets

AAVE Bounces Over 10% in Strong Weekend Recovery Amid RWA Integration Plans

Onchain capital allocator Grove shared plans to boost Ripple USD, USDC stablecoin liquidity on Aave's institutional lending arm Horizon for tokenized asset-backed borrowing.

Aave (AAVE) token price today (CoinDesk Data)

Finance

Ripple-Backed Firm Plans SPAC, Raising $1B to 'Create the Largest Public XRP Treasury'

A new Ripple-backed public vehicle is planned to buy XRP on the open market and pursue yield strategies.

XRP Logo

Finance

ChainLink Jumps 14% as Whales Accumulate $116M Worth of LINK Tokens Since Crash

The token's rise comes amid fresh onchain accumulation, new institutional partnerships, and Chainlink Labs’ push into real-world asset infrastructure.

Chainlink CEO and co-founder Sergey Nazarov

Finance

Bitcoin-Holding Institutions Seeking Yield, DeFi Capabilities

Projects such as Rootstock and Babylon may be perking institutional demand for Bitcoin-based yield and restaking

Bitcoin treasuries (CoinDesk)

Tech

Ethereum-Based Uniswap Adds Solana Support in Win for Tackling DeFi Fragmentation

This could simplify the user experience, removing the need to use complex bridges or switch between different wallets and applications

Stylized Uniwap logo

Markets

Visa Says It Wants to Build the Rails for Lending in ‘Onchain Finance,’ Its New Name for DeFi

The payments giant’s latest report rebrands decentralized finance as “onchain finance” and positions Visa as the data and custody layer connecting banks to a $670B stablecoin credit market.

A Visa card being held to next to a payment terminal. (CardMapr.nl/Unsplash)

Markets

AAVE Sees 64% Flash Crash as DeFi Protocol Endures 'Largest Stress Test'

The largest decentralized lending protocol processed $180 million collateral liquidation within an hour on Friday, proving its resilience, founder Stani Kulechov said.

Aave (AAVE) price today (CoinDesk Data)

Policy

Senate Democrats' Leaked Crypto Position Would Strangle DeFi, Industry Insiders Say

Language said to be a Democratic proposal on handling decentralized finance in the crypto market structure effort is drawing heavy criticism.

U.S. Congress (Jesse Hamilton/CoinDesk)