InstitutionalBlockchain Capital Raises $700M for 7th Early-Stage and 2nd Growth Fund
Blockchain Capital is raising $700M across two new funds simultaneously: a 7th early-stage and a 2nd growth fund. The firm already manages $2B+ in AUM.
DeFi Protocol — News - Page 9
Institutional
RegulationTron Founder Justin Sun Sues Trump's World Liberty Financial Over Frozen Tokens
Tron founder Justin Sun filed suit against Trump's World Liberty Financial over $75M in frozen tokens and stripped voting rights.
MarketsPolymarket Seeks $400M Funding at $15B Valuation
Polymarket is in talks to raise $400M at a $15B valuation. ICE already invested $600M, with the total round potentially reaching $1 billion.
DeFiAave Drops 13% as Kelp Exploit Triggers $6.2 Billion DeFi Panic
The $293M Kelp exploit crashed AAVE by 13% and triggered a $6.2 billion withdrawal panic on Aave, exposing systemic risks in non-isolated DeFi lending.
SecurityKelp Hack: $293M Drained from Restaking Protocol
Restaking protocol Kelp was hacked on April 18, with $293M drained through an rsETH bridge exploit. Nine DeFi protocols including Aave froze activity.
AltcoinsSolana Futures OI Up 20% This Week: Is $100 SOL Next?
Solana futures OI jumped from $3.5B to $4.2B in one week. SOL gained 10% to a three-week high near $86. Analysts see $100 as the next target if calm holds.
StablecoinsCircle Launches USDC Bridge for Native Cross-Chain Stablecoin Transfers
Circle launched USDC Bridge, a native cross-chain USDC transfer tool built on CCTP. Supports 17 EVM blockchains with automatic gas and real-time status.
DeFiTether Launches $150M Recovery Program for Drift Protocol After Hack
Tether funds a $150M recovery program for Drift Protocol after a $280M hack, as Drift switches from USDC to USDT and Circle faces criticism.
RegulationSEC: DeFi Interfaces Don't Need Broker Registration
The SEC clarified that DeFi interfaces using self-custodial wallets may not need to register as broker-dealers under three specific conditions.