Bitwise Teases NEAR ETF Launch for Today
Bitwise looks set to launch its NEAR ETF, offering direct NEAR exposure alongside staking rewards through NYSE Arca.
News
Reporting, research and analysis from across the web3 ecosystem.
Uniswap Token Launcher Audit
OpenZeppelin audited the Uniswap/token-launcher repository at commit 9eff2a7.
Ethena Expands USDe Backing Into Equity Perpetuals
Expanding its USDe basis trade to Binance equity perps means Ethena, in theory, opens itself up to a $150T+ market of real-world assets.
Strategy Proposes Daily Dividends for Preferred Stocks
The daily dividends would apply to all preferred stocks: STRC, STRF, STRK, and STRD, aiming to improve price stability, liquidity, and investor trust.
The rise of the $700-billion RWA perp market
Monthly RWA perp volume is up 1,148x in a year as demand grows for round-the-clock exposure to stocks and commodities.
TradFi doesn’t want DeFi. It wants blockchains.
How institutions are rebuilding finance from DeFi’s primitives. And why open networks still matter.
Drift to issue ‘recovery tokens’ in wake of $295m hack
Developers behind Solana-based derivatives exchange Drift proposed on Tuesday a recovery plan that would funnel protocol revenue to users who lost...
DeFi rides Pokémon trading card boom as onchain marketplaces bring in $11m
A version of this story appeared in The Decentralised newsletter on May 5. Sign up here. GM, Tim here. Decentralised finance is notorious for...
Uniswap DAO votes to take back $42m of governance tokens loaned to delegates
The digital cooperative governing Uniswap, the biggest decentralised exchange, is voting on a proposal to take back some $42 million worth of...
Hyperliquid takes aim at Kalshi, Polymarket targeting $24bn prediction markets
Hyperliquid is nibbling away at Kalshi and Polymarket. The decentralised finance exchange processing $6 billion in daily derivatives volume...
Aave secures emergency hearing to void ‘catastrophic’ restraining order
An emergency hearing on Wednesday could determine whether the relatives of a slain minister are entitled to $71 million in crypto that was nearly...
Crypto industry reels as April sees highest number of hacks ever
April was a bad time for the crypto industry. Over the past month, 29 crypto projects have suffered hacks or exploits, the highest monthly tally...
Tokenisation will balloon to $2tn despite DeFi turbulence, Standard Chartered says
Tokenisation will balloon some 5,600% to be a $2 trillion market by 2028, according to Standard Chartered. At the heart of the forecast is...
DeFi lender Sky hits $124m revenue record. Yet token holders aren’t impressed
Sky is the most profitable it has ever been — and it might have institutions to thank for that. On Wednesday, the Sky Frontier Foundation...
Aave-led 'DeFi United' campaign raises $300m to address Kelp DAO breach
A version of this story appeared in The Decentralised newsletter on April 28. Sign up here. There’s been a silver lining to this month’s...
Aave publishes plan to plug $246m hole left by Kelp DAO attackers
Aave and Compound are moving closer to plugging the $246 million hole left by the Kelp DAO hack. On Tuesday, DeFi United, a coalition of several...
Justin Sun announces $20m boost for Aave as he calls on lender to expand to his blockchain
Crypto mogul Justin Sun has announced a $20 million liquidity injection for Aave, and called on the top DeFi lender to expand to Tron, the...
Banks are fighting a ‘sideshow’ as Clarity Act stalls. Will it matter?
The Clarity Act is stalling in Washington — but industry insiders say the outcome has already been decided. Zachary Townsend, CEO of crypto...