Lombard CEO Jacob Phillips announced at the Digital Asset Summit that the platform enables institutions to earn yield and borrow against Bitcoin without moving assets out of custody.
Latest News on DeFi
Decentralized finance, also known as DeFi, is a sector within the overall cryptocurrency and blockchain industry focused on providing a decentralized version of mainstream financial opportunities. In the mainstream world, financial institutions offer customers access to opportunities such as cash storage and loans. However, these offerings are governed by centralized entities.
With the help of distributed ledger technology, or DLT, DeFi solutions offer a number of the same opportunities, but they are controlled by a large number of participants who abide by rules enforced by smart contracts. DeFi solutions also often give greater flexibility in terms of users’ ability to store and control their own assets. Additionally, decentralized exchanges, or DEXs, further decentralize digital asset trading, in contrast to trading on centralized digital asset platforms.
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Fira debuted its fixed-rate DeFi lending protocol with $450 million in pre-launch deposits, seeking to make long-term decentralized lending rates more predictable.
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Resolv’s USR dollar stablecoin is trading at just $0.24 after an attacker minted 80 million unbacked tokens, forcing a full protocol pause and reopening fears over stablecoin risk.
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Wall Street won’t tame DeFi. Regulation creates compliant tiers atop permissionless liquidity, forcing TradFi to adopt DeFi’s superior speed and composability.
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Aave founder Stani Kulechov says the proposal will move to a binding onchain vote to formalize V4’s deployment on Ethereum.
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Executives at Balancer Labs are now pushing for the protocol to be managed by the Balancer Foundation and Balancer’s DAO.
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Fidelity called for updated reporting rules and clearer guidance on how decentralized platforms and alternative trading systems should operate under US law.
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USR issuer Resolv Labs says its collateral pool remains intact after an exploit on Sunday that minted 80 million unbacked tokens and drove the US dollar stablecoin as low as $0.14.
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An attacker has exploited the Resolv USR stablecoin to mint 80 million tokens and has reportedly been able to cash out at least $25 million.
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Weakening onchain activity and bearish derivatives data suggest that a SOL price recovery will take longer than most investors anticipate.
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OP_NET has launched a “SlowFi” DeFi stack that runs smart contracts directly in standard Bitcoin transactions with BTC as the only gas asset, avoiding bridges and wrapped BTC.
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Beyond immediate losses, attacks often lead to prolonged downtime, liquidity shocks and confidence erosion, as interconnected DeFi systems amplify the impact across markets.
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“Building reliable infrastructure across blockchain networks and traditional financial rails is hard,” said Polymarket CEO Shayne Coplan.
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Crypto firms argue that DeFi should be taught at top schools so that students can eventually take on a rapid rise in non-technical crypto jobs on Wall Street.
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Tally said its platform served more than one million users, supporting governance across hundreds of organizations and processing over $1 billion in payments.
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