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DeFi protocol Carrot becomes first casualty of $285M Drift exploit
Cointelegraph by Brian Quarmby
DeFi protocol Carrot becomes first casualty of $285M Drift exploit
Carrot's total value locked has collapsed 93% in a month, from $28 million to $1.99 million, leaving the protocol financially unable to continue.
OKX rolls out protocol for autonomous AI agents to pay and transact
Cointelegraph by Zoltan Vardai
OKX rolls out protocol for autonomous AI agents to pay and transact
OKX published a new open-standard payment protocol for autonomous AI agents in business and commerce, aiming to support more complex financial interactions.
Australia draft payments vision eyes stablecoin interoperability
Cointelegraph by Ezra Reguerra
Australia draft payments vision eyes stablecoin interoperability
A draft vision for Australia’s domestic payments system says stablecoins and tokenized fiat currency could reshape how money moves across future rails.
Andre Cronje says DeFi is ‘no longer DeFi’ as builders debate circuit breakers
Cointelegraph by Ezra Reguerra
Andre Cronje says DeFi is ‘no longer DeFi’ as builders debate circuit breakers
Flying Tulip’s Andre Cronje says circuit breakers can give teams time to respond during abnormal outflows, while Curve’s Michael Egorov warns they may create new human vulnerabilities.
Dunamu, Hana Financial take blockchain remittance system live with POSCO
Cointelegraph by Amin Haqshanas
Dunamu, Hana Financial take blockchain remittance system live with POSCO
South Korea's Hana Financial, POSCO International and Upbit operator Dunamu have moved their blockchain remittance system into live trade transactions.
Aptos says its new privacy coin seeks to fix one of crypto’s biggest trade-offs
Cointelegraph by Brayden Lindrea
Aptos says its new privacy coin seeks to fix one of crypto’s biggest trade-offs
Aptos said its new privacy coin could be used to enable businesses to transact onchain without competitors tracking treasury moves and trading strategies.
Aave-linked DeFi United unveils rsETH recovery plan after $293M Kelp exploit
Cointelegraph by Ezra Reguerra
Aave-linked DeFi United unveils rsETH recovery plan after $293M Kelp exploit
DeFi United published a technical plan to restore rsETH backing and unwind attacker-linked DeFi positions after the $293 million Kelp exploit.
Startale to add Privacy Boost transfers to Sony-linked Soneium app
Cointelegraph by Ezra Reguerra
Startale to add Privacy Boost transfers to Sony-linked Soneium app
Startale plans to integrate Sunnyside Labs’ Privacy Boost into its Soneium app, adding private transfers with audit-friendly compliance controls.
Stablecoin transfer volume drops 19% even as supply keeps rising: RWA.xyz
Cointelegraph by Ezra Reguerra
Stablecoin transfer volume drops 19% even as supply keeps rising: RWA.xyz
Stablecoin transfer volume fell more than 19% in 30 days even as supply, holders and active addresses continued to climb.
Ondo brings proxy voting to tokenized stocks and ETFs with Broadridge
Cointelegraph by Amin Haqshanas
Ondo brings proxy voting to tokenized stocks and ETFs with Broadridge
Tokenized stock holders can now participate in corporate governance, closing a long-standing gap between onchain securities and their traditional counterparts.
Solana clients Anza and Firedancer introduce post-quantum solution Falcon
Cointelegraph by Brayden Lindrea
Solana clients Anza and Firedancer introduce post-quantum solution Falcon
Jump Crypto, the team behind Firedancer, said Falcon has the smallest signature among NIST standards, which could help preserve Solana’s high-throughput capabilities.
Ethereum’s EEZ could pull other blockchains into its orbit
Cointelegraph by Yohan Yun
Ethereum’s EEZ could pull other blockchains into its orbit
The Ethereum Economic Zone aims to unify fragmented rollups, but its broader goal is to extend interoperability to other blockchains, says Ernst.
Kbank teams with Ripple on overseas blockchain remittance trial
Cointelegraph by Ezra Reguerra
Kbank teams with Ripple on overseas blockchain remittance trial
Kbank partnered with Ripple to test blockchain-based overseas remittances as South Korean companies prepare for new stablecoin and digital asset rules.
Andre Cronje’s Flying Tulip adds withdrawal circuit breaker as DeFi exploits mount
Cointelegraph by Ezra Reguerra
Andre Cronje’s Flying Tulip adds withdrawal circuit breaker as DeFi exploits mount
Flying Tulip said its withdrawal safeguard is designed to fail open, while a status page lets users monitor the system in real time.
Another DeFi protocol hacked as Sui-based Volo hit by $3.5M exploit
Cointelegraph by Amin Haqshanas
Another DeFi protocol hacked as Sui-based Volo hit by $3.5M exploit
Volo Protocol has confirmed a $3.5 million exploit affecting select vaults, adding that it has frozen assets and started fund recovery efforts amid ongoing investigation.
Canton, ZKsync clash over how blockchains enforce rules
Cointelegraph by Yohan Yun
Canton, ZKsync clash over how blockchains enforce rules
Matter Labs’ Alex Gluchowski says Canton isn’t a blockchain, while Digital Asset co-founders argue public chains aren’t that different.
Bank of Korea governor backs CBDCs, deposit tokens in first address
Cointelegraph by Amin Haqshanas
Bank of Korea governor backs CBDCs, deposit tokens in first address
New Bank of Korea Governor Hyun-Song Shin supported CBDCs and deposit tokens in his first address, while stablecoins were notably absent from his remarks.
Arbitrum freezes $71M of Ether connected to Kelp exploit
Cointelegraph by Jesse Coghlan
Arbitrum freezes $71M of Ether connected to Kelp exploit
Griff Green, a member of Arbitrum’s security council, said the group acted with input from law enforcement and “did not make this decision lightly."
Coinbase rolls out UK crypto-backed loans as FCA shapes rules
Cointelegraph by Ezra Reguerra
Coinbase rolls out UK crypto-backed loans as FCA shapes rules
Coinbase launched USDC loans for UK users backed by BTC, ETH and cbETH, expanding its borrowing product as Britain moves toward a crypto regulatory regime.
Circle unveils USDC Bridge for native cross-chain stablecoin transfers
Cointelegraph by Brayden Lindrea
Circle unveils USDC Bridge for native cross-chain stablecoin transfers
The USDC Bridge adds to Circle's Cross-Chain Transfer Protocol, which often sees over $500 million worth of USDC transfers each day.
Neo co-founder proposes $461M treasury overhaul to end ‘trust me’ governance
Cointelegraph by Christina Comben
Neo co-founder proposes $461M treasury overhaul to end ‘trust me’ governance
Neo’s proposed overhaul would restructure its foundation, return tokens to the community and impose formal oversight, as co-founders clash over governance and control.
Flow Capital plans to tokenize $150M private credit fund via DigiFT: Report
Cointelegraph by Zoltan Vardai
Flow Capital plans to tokenize $150M private credit fund via DigiFT: Report
Bloomberg reported Flow Capital plans to tokenize its private credit fund to raise additional capital, but crypto execs warn tokenization doesn’t magically make hard-to-trade assets liquid.
Tokenization doesn’t ‘magically’ fix illiquid assets: PBW 2026
Cointelegraph by Ezra Reguerra
Tokenization doesn’t ‘magically’ fix illiquid assets: PBW 2026
Industry speakers at Paris Blockchain Week said tokenization can broaden access and issuance, but it does not by itself create active secondary markets for illiquid assets.
Stablecoin issuer Circle faces lawsuit over $280M Drift Protocol hack
Cointelegraph by Brayden Lindrea
Stablecoin issuer Circle faces lawsuit over $280M Drift Protocol hack
Circle was accused of aiding and abetting the conversion of the stolen funds and negligence after it did not freeze funds stolen from the Drift Protocol in April.
Naver-Dunamu filing sets IPO committee, listing timeline for fintech group
Cointelegraph by Ezra Reguerra
Naver-Dunamu filing sets IPO committee, listing timeline for fintech group
The corrected filing details timeline, caveats and conditions tied to a potential Naver Financial IPO after the Dunamu share swap deal.
Study finds almost no crypto protocols disclose market-maker terms
Cointelegraph by Amin Haqshanas
Study finds almost no crypto protocols disclose market-maker terms
A review of over 150 crypto protocols finds fewer than 1% disclose market-making arrangements, revealing a major transparency gap in token trading structures.
South Korea to pilot tokenized deposits for government spending
Cointelegraph by Ezra Reguerra
South Korea to pilot tokenized deposits for government spending
The sandbox will test preset spending limits, timing controls and category restrictions for public sector expense payments.
EIP-8105: A new design for Ethereum’s encrypted mempool
Cointelegraph by Gleb K
EIP-8105: A new design for Ethereum’s encrypted mempool
EIP-8105 proposes a scheme-agnostic encrypted mempool for Ethereum, designed to hide transaction payloads until after inclusion and reduce harmful MEV.
WLFI proposes unlock plan for 62 billion tokens with long lockups and burns
Cointelegraph by Ezra Reguerra
WLFI proposes unlock plan for 62 billion tokens with long lockups and burns
The new proposal outlines multi-year lockups and opt-in token burn, as the Trump-linked DeFi platform responds to pressure over delayed liquidity access.
Ripple teams with Kyobo on South Korea tokenized bond settlement
Cointelegraph by Amin Haqshanas
Ripple teams with Kyobo on South Korea tokenized bond settlement
Ripple and Kyobo Life are piloting tokenized government bond settlement as South Korea builds rules for token securities and digital asset payments.
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