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DeFi

Tether Expands $23 Billion Gold Reserve with Bullion-Backed Loans
DeFi

Tether Expands $23 Billion Gold Reserve with Bullion-Backed Loans

Tether plans to enhance the utility of its $23 billion gold reserve by offering bullion-backed loans to holders of Tether Gold (XAUT), as reported by CoinDesk. This initiative allows users to borrow against their gold holdings, similar to existing bitcoin-backed lending services.

yesterday·CoinDesk·Reported by Jamie Crawley

Kraken Negotiates $385M Stake in Aave to Expand DeFi Presence
DeFi

Kraken Negotiates $385M Stake in Aave to Expand DeFi Presence

Kraken seeks to acquire a 15% stake in Aave valued at $385 million, investing 35,000 ETH in exchange for AAVE tokens and common equity, according to Decrypt. This investment comes as Aave rebounds from a recent exploit, with encouragement from Standard Chartered's bullish outlook on AAVE.

2 days ago·Decrypt·Reported by Tyler Warner

Kraken Negotiates for 15% Stake in Aave Valued at $385 Million
DeFi

Kraken Negotiates for 15% Stake in Aave Valued at $385 Million

Kraken is in discussions to acquire a 15% stake in the decentralized finance protocol Aave, which is valued at $385 million, as reported by CoinDesk. This potential investment follows Aave's recovery from significant losses triggered by the KelpDAO exploit that led to a mass withdrawal of deposits, despite Aave's smart contracts remaining secure.

3 days ago·CoinDesk·Reported by Will Canny

Uniswap and Spark Team Up to Build Stablecoin FX Market
DeFi

Uniswap and Spark Team Up to Build Stablecoin FX Market

Uniswap and Spark are collaborating to create a foreign-exchange system for stablecoins, migrating $150 million in liquidity to support major stablecoins like USDT and PYUSD, according to CoinDesk. This initiative aims to enhance liquidity management as financial institutions increasingly venture into the stablecoin market.

3 days ago·CoinDesk·Reported by Krisztian Sandor

Standard Chartered Projects Aave Token to Reach $3,500 by 2030
DeFi

Standard Chartered Projects Aave Token to Reach $3,500 by 2030

Standard Chartered forecasts that Aave's token (AAVE) will rise nearly 50 times to $3,500 by the end of 2030, based on a recent research note. The bank attributes this potential growth to a recovery in liquidity levels and an estimated expansion in decentralized finance (DeFi) assets, as reported by Decrypt.

4 days ago·Decrypt·Reported by Decrypt Agent

Aave and Internet Computer Lead Performance in CoinDesk 20 Update
DeFi

Aave and Internet Computer Lead Performance in CoinDesk 20 Update

On June 24, 2026, Aave (AAVE) recorded a gain of 5.9% in the CoinDesk 20 Index, which increased 0.5% overall, according to CoinDesk. Internet Computer (ICP) also performed well, rising by 2%.

4 days ago·CoinDesk·Reported by CoinDesk Indices

Standard Chartered Projects Aave Price Target of $3,500 by 2030
DeFi

Standard Chartered Projects Aave Price Target of $3,500 by 2030

Standard Chartered's Geoff Kendrick forecasts Aave could reach $3,500 by 2030, a 50-fold increase from current levels. The projection reflects Aave's recovery from a previous April market disruption and its potential growth linked to decentralized finance, as reported by CoinDesk.

4 days ago·CoinDesk·Reported by Will Canny

JaredFromSubway MEV Bot Threatens Legal Action After $7.5 Million Attack
DeFi

JaredFromSubway MEV Bot Threatens Legal Action After $7.5 Million Attack

The trading bot JaredFromSubway has seen its operational logic exploited, resulting in a $7.5 million loss. Following the incident involving fake tokens and fraudulent contracts, the bot's operator intends to seek legal remedies if full funds are not returned within 48 hours, as reported by Decrypt.

6 days ago·Decrypt·Reported by André Beganski

BitMine Acquires $92 Million in Ethereum, Approaches 5% of Total Supply
DeFi

BitMine Acquires $92 Million in Ethereum, Approaches 5% of Total Supply

BitMine Immersion Technologies adds $92 million worth of Ethereum to its holdings, bringing its total to 4.7% of the circulating supply. This move aligns with the firm’s goal of reaching 5% and follows its recent equity offering, as reported by Decrypt.

6 days ago·Decrypt·Reported by Logan Hitchcock

Attack Drains $7.5 Million from Ethereum's Notorious MEV Bot
DeFi

Attack Drains $7.5 Million from Ethereum's Notorious MEV Bot

An attacker exploited the automated trading logic of the Ethereum MEV bot jaredfromsubway.eth, draining over $7.5 million in various tokens. This incident highlights systemic risks associated with automated trading strategies, according to a report by CoinDesk.

last week·CoinDesk·Reported by Shaurya Malwa

Aster Token Surges After Buyback and Burn Initiative, Losses Follow
DeFi

Aster Token Surges After Buyback and Burn Initiative, Losses Follow

Aster's ASTER token climbed over 10% following the announcement of a significant buyback and burn program, according to CoinDesk. However, gains quickly diminished as external market factors, particularly a hawkish Federal Reserve, led to a decline in the token's value, which was around 68 cents shortly after the spike.

2 weeks ago·CoinDesk·Reported by Omkar Godbole

Trace Finance Raises $32 Million to Expand Stablecoin Payment Solutions
DeFi

Trace Finance Raises $32 Million to Expand Stablecoin Payment Solutions

Trace Finance, a financial infrastructure company that connects U.S. and Brazilian banks to stablecoin payment networks, has secured $32 million in a Series A funding round led by CoinFund, with support from Coinbase Ventures and others, as reported by Decrypt. The funding aims to help the company expand into more Latin American markets, the U.S., and Asia-Pacific.

2 weeks ago·Decrypt·Reported by Decrypt Agent

Satori Finance, Coinbase-Backed Perpetual Futures Exchange, to Shut Down
DeFi

Satori Finance, Coinbase-Backed Perpetual Futures Exchange, to Shut Down

Satori Finance, a decentralized exchange for perpetual futures trading backed by Coinbase Ventures, is shutting down due to the prolonged market downturn, as reported by Decrypt. Established in 2022 after raising $10 million, the platform plans to cease operations after July 16, 2026, urging users to withdraw their assets.

2 weeks ago·Decrypt·Reported by Logan Hitchcock

Hyperliquid Decentralized Exchange Introduces Its Own Blockchain
DeFi

Hyperliquid Decentralized Exchange Introduces Its Own Blockchain

Hyperliquid, a decentralized exchange, stands out by operating on its own blockchain, catering to the trading of perpetual swaps and leveraging liquidity pools. This news comes from Decrypt, which provides an overview of the protocol and its unique features.

2 weeks ago·Decrypt·Reported by Ryan Gladwin,Jason Nelson

Uniswap Rallies 20% as Standard Chartered Predicts $100 UNI by 2030
DeFi

Uniswap Rallies 20% as Standard Chartered Predicts $100 UNI by 2030

Uniswap's governance token UNI has surged nearly 20% following a research note from Standard Chartered projecting it could reach $100 by 2030. The rally aligns with recent tokenized stock offerings on Uniswap's platform, as reported by Decrypt.

2 weeks ago·Decrypt·Reported by Decrypt Agent

Hyperliquid ETFs Attract $172M in One Month as HYPE Prices Surge
DeFi

Hyperliquid ETFs Attract $172M in One Month as HYPE Prices Surge

Hyperliquid ETFs have secured nearly $172 million in inflows since their launch in May 2026, as reported by Decrypt. This trend contrasts sharply with a $5.6 billion outflow from U.S. spot Bitcoin ETFs during the same period, highlighting institutional interest in the HYPE protocol.

2 weeks ago·Decrypt·Reported by Akash Girimath

HYPE Reaches All-Time High Amid SpaceX Interest in Hyperliquid
DeFi

HYPE Reaches All-Time High Amid SpaceX Interest in Hyperliquid

HYPE, the token of Hyperliquid, hits a new all-time high of $76.50, driven by substantial trading interest linked to SpaceX's recent IPO on June 16, 2026. SPCX's after-hours trading saw over $1.1 billion in volume, contributing to a 12% increase in HYPE, according to Decrypt.

2 weeks ago·Decrypt·Reported by Tyler Warner

Standard Chartered Predicts 40x Increase for Uniswap Token by 2030
DeFi

Standard Chartered Predicts 40x Increase for Uniswap Token by 2030

Standard Chartered forecasts a nearly 40-fold increase in Uniswap's native token UNI by 2030, driven by the migration of Wall Street to on-chain investments. The prediction comes in a note from analyst Geoff Kendrick, highlighting Uniswap's unique market infrastructure. This coverage is from Decrypt.

2 weeks ago·Decrypt·Reported by André Beganski