Stay current with the latest news, analysis, and trends in Decentralized Finance (DeFi). Explore the world of DeFi protocols and innovation.
DeFi
Base has reduced empty blocks by roughly 99% ahead of a major infrastructure upgrade, signaling improved network efficiency at scale. The changes come as the Coinbase-incubated Layer 2 prepares for a key decentralization milestone. The network on Tuesday launched its Azul upgrade on testnet, introducing a multiproof system and a
DeFi
Roughly $176 million linked to the Kelp DAO exploit is now in motion across chains. The shift marks a critical transition from containment efforts to potential laundering, complicating recovery prospects. Blockchain investigators report early transfers include $1.5 million bridged from Ethereum to Bitcoin via THORChain and about $78,000
DeFi
The U.S. CLARITY Act faces a potential delay into May as banking groups intensify lobbying over stablecoin yield provisions. The shift highlights how control over interest-bearing digital dollars is emerging as a central fault line in U.S. crypto regulation. The Senate Banking Committee must decide by Friday whether
DeFi
Wrapped XRP (wXRP) is now live on Solana, opening decentralized finance access to holders of the $90 billion asset. The integration allows users to deploy XRP liquidity across DeFi protocols without exiting their original positions. The launch was announced Friday, with wXRP issued via Hex Trust and enabled through LayerZero
DeFi
Bitcoin has held within a volatile range as Iran reopened the Strait of Hormuz, easing immediate supply fears while leaving broader geopolitical risk unresolved. The mixed signals have kept crypto markets sensitive to macro headlines tied to energy flows and U.S. policy. Iran’s Foreign Minister Abbas Araghchi said
DeFi
Ondo Finance is seeking regulatory clearance to record securities as tokens on public blockchains, a move that could reshape how tokenized equities settle in the U.S. market. The request signals a direct test of whether regulators will permit blockchain-based infrastructure alongside traditional systems. The firm has submitted a no-action
DeFi
Circle minted more than $10.5 billion in USD Coin (USDC) on Solana within a month, marking the largest issuance burst on a single blockchain. The scale highlights a shift in stablecoin liquidity toward high-throughput networks optimized for payments and trading. Circle(@circle) just minted another 250M $USDC. Over the
DeFi
Roughly $342 million in crypto positions were liquidated in a single 24-hour stretch as oil-driven volatility intensified across global markets. The scale of forced unwinds shows how geopolitical risk is feeding directly into digital asset pricing and liquidity conditions. Iran warns it will respond if Israeli attacks on Lebanon don’
DeFi
World Liberty Financial borrowed $75 million in stablecoins against WLFI collateral, triggering liquidation concerns across Dolomite. The position now accounts for over half of the protocol’s supplied liquidity, raising concentration risk for lenders. Onchain data from Arkham shows a World Liberty-linked wallet deposited roughly 5 billion WLFI tokens into
DeFi
Bittensor’s native token TAO fell 15% to $285 within two hours after Covenant AI announced its departure. The sharp move highlights market sensitivity to governance disputes within decentralized AI networks. Covenant AI, a major subnet developer on Bittensor, confirmed Thursday it will exit the ecosystem. Founder Sam Dare said
DeFi
Tether has released an open-source software development kit enabling AI applications to run locally across major consumer devices without cloud infrastructure. The move expands its scope beyond stablecoins into decentralized compute and data ownership. The QVAC SDK supports iOS, Android, Windows, macOS, and Linux, allowing developers to deploy AI models
DeFi
BlackRock transferred roughly $49 million in Bitcoin and Ethereum from ETF-linked wallets to Coinbase Prime on April 8. The movement highlights how institutional crypto flows increasingly route through regulated prime brokerage infrastructure rather than public exchanges. Onchain data from Arkham, cited by BlockBeats, shows BlackRock’s iShares Bitcoin Trust (IBIT)