As summer kicks off with a quiet crypto market, industry players are making bold moves behind the scenes. From billion-dollar treasury strategies to institutional expansion, several key announcements this week reflect growing confidence in the digital asset space despite muted trading activity. Robinhood has officially completed its $200 million acquisition

LiFi Protocol, a cross-chain bridge facilitating asset transfers across multiple blockchains, recently reported record-breaking growth—but new allegations suggest the surge may not be as organic as it appears. According to blockchain analyst ZachXBT, the spike in LiFi activity during May—amounting to $3 billion in volume and over 4.

The crypto industry took a $302 million hit in May, primarily from hacks targeting decentralized finance (DeFi) platforms, according to blockchain security firm Certik. While that total marks a 16.9% drop from April, the majority of losses stemmed from vulnerabilities in smart contract code—a persistent challenge for the

The Open Network (TON), a blockchain project closely linked to messaging giant Telegram, has fully recovered from a temporary outage that briefly halted block production on June 1. Developers moved swiftly to address the issue, restoring normal operations just 40 minutes after the disruption began. Block production has been restored

Decentralized exchanges (DEXs) reached a major milestone in May, claiming 25% of global spot crypto trading volume—an all-time high and a clear signal of growing momentum behind decentralized finance. According to data, DEXs handled $410.2 billion in trading volume last month, up sharply from previous months. PancakeSwap led

Speaking at the recent Bitcoin 2025 conference in Las Vegas, Paolo Ardoino, CEO of Tether—the world’s leading issuer of the U.S. dollar-pegged stablecoin USDT—revealed the scale of the company’s impressive reserves. According to Ardoino, Tether currently holds more than 100,000 bitcoin, valued at over

Coinbase has unveiled a new solution aimed at redefining wallet infrastructure for blockchain developers. The release of CDP Wallets—currently available in open beta—marks a major shift in how developers can build, manage, and interact with self-custodied crypto wallets without the burden of handling private keys or deploying complex

Ethereum-based DeFi protocol Euler is preparing to launch EulerSwap, a decentralized exchange designed to transform how liquidity providers (LPs) earn yield and manage risk. By combining lending mechanics directly with trading infrastructure, Euler aims to offer deeper capital efficiency and more strategic flexibility than traditional automated market makers (AMMs). Built

Cork Protocol, a relatively new player in the decentralized finance (DeFi) space, has temporarily paused all smart contracts following a security breach that resulted in the loss of approximately $12 million in crypto assets. The exploit, which targeted wrapped staked Ethereum (wstETH), allowed an attacker to siphon off about 3,

Alpaca Finance, a once-popular decentralized finance (DeFi) protocol known for offering leveraged yield farming, announced it will be shutting down all operations in the coming weeks. The decision follows the recent delisting of its native ALPACA token by major cryptocurrency exchange Binance. In a public statement shared Monday on X

A post-mortem investigation into the massive $223 million hack of the Cetus Protocol has revealed a critical overflow bug at the heart of the exploit. According to blockchain security firm Dedaub, the flaw stemmed from a vulnerability in Cetus’s automated market maker (AMM) logic that allowed an attacker to

A proposed $27 million merger between decentralized finance (DeFi) platforms Synthetix and Derive has been officially called off. The decision comes after critical community feedback and internal reassessments led both parties to mutually withdraw the acquisition proposals. Initially announced in mid-May, the deal outlined a plan for Synthetix to acquire

In a move to bolster compliance and user verification across decentralized finance, the Solana Foundation has introduced the Solana Attestation Service (SAS)—a decentralized identity layer aimed at streamlining Know Your Customer (KYC) processes without compromising user privacy. Announced on May 23, SAS enables applications to validate off-chain data—such

Leaders of World Liberty Financial and Binance pushed back hard on Friday against a news report alleging that Binance founder Changpeng Zhao acted as a behind-the-scenes facilitator for a decentralized finance (DeFi) project associated with former U.S. President Donald Trump. The Wall Street Journal report claimed Zhao—known widely

The Uniswap Foundation has published its Q1 2025 financial report, showcasing a robust asset base of approximately $95 million and reaffirming its leadership within the decentralized finance (DeFi) space. However, the organization now faces fresh legal pressure from Bancor, which has filed a patent infringement lawsuit—marking a new chapter

Solana-based meme coin platform Believe has reversed a major policy change just hours after introducing it, following strong community pushback. The move has sparked renewed discussion around how to balance decentralization, project quality, and fair access in the rapidly growing meme coin space. A Sudden Shift in Listing Strategy On

OnRe, a blockchain-powered reinsurance platform, has launched its first native token, ONe, in partnership with Ethena Labs, Solana Ventures, and venture capital firm RockawayX. The move aims to open the doors of the $750 billion global reinsurance market to DeFi participants, providing users with real-world yield opportunities backed by event-driven

Coinshift’s yield-bearing stablecoin csUSDL has officially crossed the $100 million mark in total value locked (TVL), just four months after its launch in January. The rapid growth highlights the increasing appetite for stablecoins that not only maintain a peg to the U.S. dollar but also provide passive income

Ethereum’s latest network upgrade, Pectra, is already reshaping how users interact with the blockchain. Within just one week of its rollout around May 6, more than 11,000 authorizations tied to EIP-7702 have been recorded on-chain—signaling a strong start for the upgrade’s most user-focused innovation. EIP-7702 introduces

The Ethereum ecosystem may be on the cusp of a major shift as experts forecast that the Strategic Ethereum Reserve (SER) could exceed 10 million ETH by May 2026—a staggering 1,166% increase from current holdings. This anticipated growth reflects rising institutional confidence in Ethereum as a long-term store

In a move to bolster its decentralized finance (DeFi) capabilities, contributors to the Synthetix network have proposed a $27 million token swap to acquire Derive, a decentralized protocol specializing in options trading. The proposal, outlined in Synthetix Improvement Proposal (SIP-415), details an exchange of Synthetix's native SNX tokens

In a move poised to shake up the decentralized finance (DeFi) landscape on Solana, Pump.fun’s decentralized exchange, PumpSwap, has introduced a revenue-sharing model aimed squarely at meme coin creators. Beginning May 12, token creators can now earn 50% of trading revenue from their tokens—an industry-first incentive designed

StakeStone, a rising name in decentralized finance infrastructure, has announced a strategic partnership with World Liberty Financial (WLFI), the entity behind the high-profile USD1 stablecoin. The collaboration aims to provide seamless cross-chain liquidity for USD1 users, enhancing accessibility and reducing friction in digital asset movement. USD1, launched under the WLFI

At the heart of Istanbul’s bustling tech scene, the Solana Crossroads 2025 conference convened some of the most influential minds in blockchain on April 25–26. From trading protocols to real-world financial tools, the event spotlighted how decentralized finance (DeFi) is maturing — with a sharp focus on user experience,

Since late April, USD1—a stablecoin launched by Trump-affiliated World Liberty Financial (WLFI)—has seen its market capitalization surge from under $130 million on April 27 to over $2.1 billion today, according to CoinGecko. CoinMarketCap and DeFiLlama data confirm the token’s supply jumped by more than $720 million