Circle stated it could quickly launch cirBTC, a wrapped Bitcoin token designed to unlock DeFi utility whereas addressing belief points round current wrappers. Backed 1:1 by native Bitcoin reserves and constructed for interoperability, cirBTC goals to make BTC extra accessible for yield, liquidity, and broader decentralised finance use instances. AContinue Reading
A proposed Ethereum framework would hyperlink layer-2 networks right into a single system, enabling direct interplay with out bridges and enhancing effectivity. The EEZ initiative focuses on lowering fragmentation by permitting rollups to share liquidity, infrastructure and functions seamlessly. Backed by the Ethereum Basis, the plan introduces a coordinated methodContinue Reading
An attacker exploited Resolv Labs’ USR minting system to create 80 million unbacked tokens in two transactions, utilizing roughly US$200,000 in preliminary capital. The exploit crashed USR from its US$1 peg to as little as US$0.025 on Curve Finance, with the attacker extracting roughly US$24 million in ETH earlier thanContinue Reading
A dealer trying to swap roughly US$50.4M (AU$71.06M) in USDT for AAVE confirmed a warning about excessive slippage and accomplished the commerce by Aave’s interface. The transaction was routed through CoW Protocol and a number of DeFi swimming pools, finally hitting a SushiSwap pool with solely about US$73K in liquidity.Continue Reading
Chainlink’s CCIP now permits Coinbase’s cbBTC to maneuver from Base to Monad, unlocking over US$5B in Bitcoin-backed liquidity. The mixing expands lending, borrowing and buying and selling markets on Monad, with Curvance and Neverland amongst early adopters. Coinbase’s 1:1 Bitcoin-backed token positive aspects broader DeFi attain, supported by CCIP’s cross-chainContinue Reading
Massive XRP balances beforehand excluded from DeFi can now be deployed by means of a simplified wallet-native course of. Flare infrastructure abstracts cross-chain complexity whereas preserving XRPL-based authorisation. Present FXRP development suggests holders are starting to experiment with yield methods. Greater than 2 billion XRP tokens, valued at about US$3Continue Reading
Starknet is launching strkBTC, a Bitcoin-backed token that permits non-public balances and confidential transfers inside its DeFi ecosystem. The system routinely mints tokens based mostly on verifiable deposits to take away discretionary management, utilizing protocol-level privateness fairly than third-party custodians. The initiative goals to draw institutional customers by permitting themContinue Reading
Ledger Pockets customers can now entry aggregated decentralised liquidity whereas retaining full hardware-based signing management. OKX DEX’s routing system distributes trades throughout main EVM networks to enhance execution effectivity. The transfer types a part of Ledger’s broader DeFi growth technique following upgrades unveiled at Op3n 2025. Ledger has built-in OKXContinue Reading
Ethereum co-founder, Vitalik Buterin, posted on X / Twitter on February 9 that lending protocols leveraging centralised stablecoins like USDC to generate a yield should not “real DeFi.” Buterin mentioned that really decentralised algorithmic stablecoins producing a yield could be true DeFi as a result of they shift a lotContinue Reading
NYSE proprietor ICE plans to launch a 24/7 tokenised inventory and ETF buying and selling venue utilizing blockchain expertise for real-time settlement. The platform will help stablecoin funding and fractional possession, integrating crypto-native efficiencies right into a regulated surroundings. Analysts counsel this shift might pull liquidity from DeFi and altcoinsContinue Reading
