DeFiAbracadabra: MIM Stablecoin Crashes 50% Below Dollar Peg
Abracadabra's MIM stablecoin dropped to $0.49, half its $1 target. We explain how the Cauldron lending system works and why the depeg happened.
DeFi Protocol — News - Page 5
DeFi
RegulationUS Senate Democrats Demand Hearings on Trump's WLF-UAE $500M Deal
Five Democratic senators demand hearings on a $500M Abu Dhabi investment in the Trump family's World Liberty Financial and its links to subsequent UAE deals.
SecuritySecret Network Lost $4.67M in Infinite Mint Bridge Exploit
An attacker minted unbacked Axelar-wrapped tokens via a flaw in Secret Network's smart contract, stealing $4.67M over 7 undetected days in June 2026.
DeFiStandard Chartered: DeFi to Grow 37x to $2.7 Trillion by 2030
Standard Chartered forecasts DeFi TVL to hit $2.7 trillion by 2030, a 37x rise. Tokenized RWAs and Uniswap are central to the bank institutional DeFi thesis.
TechnologyExodus and Ondo Finance Launch Tokenized Stock Marketplace With 200+ US Equities
Exodus wallet and Ondo Finance launched a marketplace with 200+ tokenized US stocks and ETFs. Buy Apple, Tesla, and ETFs from a crypto wallet, no broker needed.
EthereumEthereum Futures Hit 13-Month Low as Stakers Hold 39.5M ETH
ETH futures OI dropped 30% to a 13-month low, spot ETF outflows topped $323M. Staking entry queue stands at 50 days with near-zero exits.
SecurityImmunefi CEO: AI Triggered Crypto Vulnerability Apocalypse
Immunefi CEO says frontier AI models triggered a vulnerability apocalypse in crypto. Raydium lost $1.34M. DeFi protocols face rising risk in 2026.
InstitutionalMorpho Raises $175M as Paradigm, a16z Back Wall Street DeFi Push
Morpho secured $175M from Paradigm, a16z, Apollo and VanEck. Societe Generale joins Coinbase and Binance in building on the DeFi lending protocol.
MarketsArthur Hayes Dumps HYPE, Warns Wall Street Is Coming for Hyperliquid Perps
BitMEX co-founder Arthur Hayes sold all his HYPE tokens and warned that Wall Street competition in perpetuals will weaken Hyperliquid's buyback model.