World Liberty Financial’s USD1 stablecoin, launched April 1, 2025, has DeFi purists crying “centralization!” They’re wrong. Trump’s crypto play won’t bury decentralized finance—it’ll supercharge it. Critics say USD1’s governance, tied to Trump’s…
Category: DeFi (Decentralized Finance)
Aave Recovers $8M of Stolen Funds, Patches Exploit
Aave recovered $8 million of the $10 million stolen in yesterday’s flash loan exploit by the Lazarus Group, the DeFi protocol announced on April 4, 2025. A smart contract patch was deployed…
Republicans Push to Repeal DeFi Tax-Reporting Rule
Republican lawmakers, led by Sen. Ted Cruz and Rep. Mike Carey, are advocating for the repeal of a tax-compliance rule that requires DeFi platforms to report transactions to the IRS. They argue…
DeFi Total Value Locked (TVL) Reaches $192 Billion in 2024
The DeFi sector has seen a significant recovery, with Total Value Locked (TVL) reaching $192 billion in 2024, marking the highest level in 15 months. This growth indicates renewed interest and confidence…
Synthetix Acquires Kwenta to Strengthen DeFi Ecosystem Control
Synthetix has acquired Kwenta, aiming to regain front-end control and unify strategic goals within its ecosystem. This move is intended to streamline product development and enhance alignment across the platform.
Regulators Tighten Grip on DeFi: New Global Guidelines Released
Global financial regulators have released new guidelines for decentralized finance platforms, aiming to increase consumer protection and reduce risks. The guidelines focus on KYC (Know Your Customer), anti-money laundering (AML) compliance, and…
Traditional Banks Enter the DeFi Space
In a surprising move, several traditional banks are exploring decentralized finance by partnering with blockchain startups. These collaborations aim to offer customers access to DeFi services such as lending, borrowing, and yield…
DeFi Total Value Locked (TVL) Hits Record High of $300 Billion
The decentralized finance (DeFi) market has reached a new milestone, with the total value locked (TVL) surpassing $300 billion. The surge is driven by growing investor confidence, new protocols, and improved security…