Tether Bets $134B Stablecoin Empire on Users Holding Their Own Keys
Tether just launched a self-custody wallet that supports USDT, Bitcoin, and tokenized gold, betting that ordinary people will finally want to hold their own keys.
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Tether just launched a self-custody wallet that supports USDT, Bitcoin, and tokenized gold, betting that ordinary people will finally want to hold their own keys.
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The infrastructure layer underneath crypto just failed again, and this time it took down a 28-year-old company's perfect record. EasyDNS, a domain registrar with 28 years of clean operations, got socially engineered, allowing attackers to hijack eth.limo, a popular gateway for Ethereum Name Service
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The Kelp hack just turned theoretical DeFi risk into a $6 billion bank run, and nobody knows how deep the bad debt goes. Attackers exploited Kelp's rsETH token, using the drained collateral to borrow wrapped ether from Aave before the protocol could react
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DeFi just had its Bear Stearns moment, and the contagion math is worse than the headline. KelpDAO suffered a $290M exploit that created $236M in bad debt on Aave, triggering an 18% drop in $AAVE and wiping $6B from the protocol's total value locked
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A $200 million pile of crypto sits in one person's wallet, and his co-founder just went public saying that's insane. Neo co-founder Da Hongfei wants to end single-key control of the project's treasury, proposing independent governance and multi-sig protection for what amounts to $461M total
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A $290 million bridge hack just reminded everyone that crypto's plumbing problem isn't solved, and now four platforms are scrambling to stop the bleeding.
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A $280 million bridge exploit just turned DeFi's composability into a contagion problem, and AAVE is holding the bag. KelpDAO lost $280M through a LayerZero bridge vulnerability, exposing critical infrastructure risk in cross-chain protocols
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Solana futures traders just bet 20% more money that SOL is going up, but nobody can explain why it should. Solana futures open interest jumped 20% this week, signaling increased speculative positioning as SOL rallies with the broader crypto market
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Kelp just lost $293M and took nine other protocols down with it, proving that restaking's biggest promise is also its biggest liability.
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The real money isn't betting on tokens anymore. It's building the boring infrastructure that makes every asset liquid. Superstate launched FundOS, a modular operating system that lets asset managers tokenize funds without building blockchain infrastructure themselves
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A single wallet got drained for $280M across Ethereum and Arbitrum, and it's raising harder questions than "how did this happen."
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A $292 million bridge exploit just reminded every DeFi builder that cross-chain infrastructure is still the wild west. Kelp DAO's rsETH bridge was drained for approximately $292 million in a LayerZero-based attack, making it one of the largest DeFi exploits in recent memory
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The Ethereum Foundation just proved that decentralized infrastructure needs centralized vetting, and the results are uglier than anyone expected.
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XRP just became a Solana-native token, and the bridge wars just got more interesting. Wrapped XRP (wXRP) launched on Solana, enabling XRP holders to access DeFi protocols like Jupiter, Phantom, and Meteora without converting to another asset
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America's largest discount brokerage just handed 39 million retail investors the keys to spot Bitcoin and Ethereum trading, and Wall Street's crypto hesitation era is officially over.
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The SEC just charged a crypto executive for selling "insured" tokens that had no insurance, and the case shows exactly why tokenized assets need more than marketing promises.
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XRP is outperforming Bitcoin and Ethereum by 8% this week, but the low volume tells you everything you need to know about who's actually buying. XRP posted 8% weekly gains over Bitcoin and Ethereum, leading major tokens in the latest price movement
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Circle just made moving money between blockchains feel like sending an email instead of filing international wire transfer paperwork. Circle launched USDC Bridge, their official cross-chain transfer solution powered by the Cross-Chain Transfer Protocol (CCTP)
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Traditional finance just picked its blockchain, and it's not Ethereum. Visa partnered with Cross River and Lead Bank to settle transactions in USDC on Solana, marking the first major payment network to choose Solana for institutional settlement infrastructure.
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Hong Kong's Flow Capital is tokenizing $150 million in private credit—real money, real borrowers, real blockchain rails. Flow Capital plans to tokenize a $150 million private credit fund, marking one of the largest moves yet to bring institutional lending infrastructure onchain
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