DeFi

DeFi

Venture investor Dragonfly faces potential charges over Tornado Cash involvement

Venture investor Dragonfly faces potential charges over Tornado Cash involvement

Venture capital firm Dragonfly said Friday that the U.S. government is weighing potential charges over its 2020 investment in PepperSec, the developer of Tornado Cash, marking a rare instance where federal prosecutors may target a venture investor for backing a crypto project. In a detailed statement, Dragonfly managing partner Haseeb Qureshi called the prospect of […]

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Capital shifts to stablecoins as DeFi protocols bleed TVL

Capital shifts to stablecoins as DeFi protocols bleed TVL

Between July 21 and 25, the total stablecoin market cap increased by $4.505 billion to reach $265.22 billion, a 1.73% expansion. Over the same timeframe, total value locked (TVL) in DeFi dropped from $140.804 billion to $135.934 billion, a 3.46% drawdown. While the rise in stablecoin supply could be interpreted as a sign of incoming

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Solana Labs, Jito Labs hit with RICO charges in amended Pump Fun fraud lawsuit

Solana Labs, Jito Labs hit with RICO charges in amended Pump Fun fraud lawsuit

Solana Labs and Jito Labs have been named as co-defendants in a newly amended federal lawsuit that accuses them of playing a central role in an alleged $1.5 billion fraud tied to the Solana-based memecoin launchpad Pump.Fun. The amended lawsuit, filed on July 22 by Burwick Law in the Southern District of New York, expands

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Flare Network Eyes $0.03: Institutional Backing, DeFi Growth Fuel $FLR’s Momentum

Layer-1 blockchain Flare ($FLR) is charging ahead to become the backbone of decentralized interoperability. Rocketing 9.6% to trade at $0.02513 in one day, fueled by major institutional partnerships and rising DeFi adoption, Flare could be weaving the very fabric that connects the future of blockchain. JUST ANNOUNCED! You asked, we listened. Uphold is exploring ways

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BitGo Joins Growing List Of Crypto Firms Seeking Public Listings In The US

BitGo Joins Growing List Of Crypto Firms Seeking Public Listings In The US

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Amid renewed bullish momentum and rising prices in the overall industry, as well as notable shifts in the regulatory environment, especially in the US, crypto custody startup BitGo has announced its confidential filing for a public listing. Rising Digital Asset Demand The

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Roman Storm’s defense hints at mistrial after agents fail to trace funds stolen from witness to Tornado Cash

Roman Storm’s defense hints at mistrial after agents fail to trace funds stolen from witness to Tornado Cash

Roman Storm’s defense team raised the prospect of a mistrial on July 21 after an FBI agent failed to confirm that the stolen assets from the prosecution’s first witness in his trial had passed through Tornado Cash.  Journalist Matthew Russell Lee reported in real-time today’s session of the trial, highlighting that before the jury could

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Massive Ethereum Accumulation: Bit Digital Crosses 120,000 ETH With Latest Buy

Massive Ethereum Accumulation: Bit Digital Crosses 120,000 ETH With Latest Buy

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum (ETH) adoption among public corporations is gaining momentum in 2025. In the latest development, Nasdaq-listed digital asset firm Bit Digital has announced a substantial purchase of 19,683 ETH, bringing its total Ethereum holdings to more than 120,000 ETH. Bit Digital Increases

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Ondo Finance Debuts a Tokenized US Treasury Fund (USDY) on the SEI Blockchain

Ondo Finance Debuts a Tokenized US Treasury Fund (USDY) on the SEI Blockchain

Ondo Finance, a designer of institutional-grade platforms, assets, and infrastructure, has introduced a novel approach to moving traditional assets onto the blockchain. Built on Sei’s infrastructure for digital asset exchanges, this marks a further collaboration between industry peers, bridging the gap between Web2 and Web3. An Industry First The decentralized finance (DeFi) platform Ondo announced yesterday

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dYdX Snaps Up Telegram Trading App That Hit B Volume in Under a Year

dYdX Snaps Up Telegram Trading App That Hit $1B Volume in Under a Year

Key Takeaways: dYdX has acquired Telegram-native app Pocket Protector. Co-founders Eddie Zhang and Kaiser Kinbote will join dYdX as President and Head of Growth. Messaging-integrated trading is emerging as a frictionless gateway to DeFi, especially in markets with limited access to desktop platforms. dYdX has acquired Pocket Protector, a Telegram-native trading app, to expand its

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dYdX Acquires Pocket Protector in Bold DeFi Expansion

dYdX Acquires Pocket Protector in Bold DeFi Expansion

Key Notes dYdX has made a strategic move with the acquisition of Pocket Protector. This is the first-ever external acquisition that dYdX will participate in. The acquisition of Pocket Protector suggests that the company’s performance has improved. Decentralized derivatives exchange dYdX has made a strategic move with the acquisition of Pocket Protector, a crypto social

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