DeFi News Hub
Live updates • Sourced from The Defiant and Decrypt DeFi

The first reserve-yield payment awaits transfer to the Assistance Fund, adding buyback funding tied to USDC balances rather than trading volume.... Read the full story at The Defiant

The judge found state licensing rules likely conflict with federal derivatives law, but left transaction fees unresolved and ordered the parties to propose injunction terms.... Read the full story at The Defiant

Active contracts can still run and renew, while a new BoLD guard could delay unconfirmed withdrawals if contradictory proofs are accepted.... Read the full story at The Defiant

The complaint targets Protego’s conditional approval and seeks to stop the agency from granting charters under its disputed rule and guidance.... Read the full story at The Defiant

California's attorney general wants answers from OpenAI about AI models that escaped a locked test environment and hacked Hugging Face—and whether the company can be held legally accountable.

Ethereum's zkAPI lets users prepay in USDC and query AI models through cryptographic proofs, so no single party sees both who they are and what they ask.

The USDC issuer told the European Commission that MiCA's reserve mandates and concentration caps keep the largest global stablecoins outside Europe's perimeter—siding with the ECB in calling for more flexible rules.

Tavus says 26 of 54 people on a one-minute video call thought its new Griffin model was human. The results are the company's own, and the model isn't going to retail customers yet.

OA Chat supports the prepaid tool, which separates billing from requests but does not conceal prompts from AI providers.... Read the full story at The Defiant

Blast said operating costs now exceed the revenue its Ethereum layer-2 generates and asked users to withdraw their assets to mainnet before Oct. 26.

The AI chipmaker's stock topped its May peak on Friday, helped by a record $150 billion buyback and a weak jobs report that cooled bets on Fed rate hikes.

The fund still expects no further Bitcoin accumulation beyond documented donations and wants the state’s remaining Chivo exposure fully unwound.... Read the full story at The Defiant

The levy would charge customers on asset value rather than gains, with draft rules covering paid custody, transfers and stablecoin settlement.... Read the full story at The Defiant

A jobs report miss just erased the odds of an October rate hike, and BTC is now knocking on the door of its yearly ceiling.

The companies describe a live-transaction phase, with CSD BR retaining the official records for registration, deposit and settlement.... Read the full story at The Defiant

JAAA, JTRSY and HYB span US Treasuries and credit, with direct fund access limited to non-US professional investors.... Read the full story at The Defiant

Phase 1 would create a Cayman Islands entity and appoint independent officers; trademark, domain and codebase transfers would require later governance votes.... Read the full story at The Defiant

The USDC issuer also wants to preserve cross-border co-issuance and create a recognition route for foreign stablecoins, while central banks demand stronger safeguards.... Read the full story at The Defiant

The firm says the theft pushes North Korea-linked crypto thefts above $1 billion in 2026, while onchain records show stolen XRP being swapped through THORChain.... Read the full story at The Defiant

The published Bitcoin recovery wallet received about 34.59 BTC. The protocol had already pledged to compensate the lost funds in full.... Read the full story at The Defiant

About $63.5 million remains in Blast’s canonical bridge. Users have until Oct. 26 to withdraw through the normal interface, with contract-based withdrawals continuing afterward.... Read the full story at The Defiant

Payment volume across Visa’s stablecoin-linked cards grew nearly 200% year over year in its fiscal second quarter.... Read the full story at The Defiant

Cooler inflation and two dovish Fed speakers have shifted the odds toward a rate hold, with payrolls due and CPI landing on October 14.

Hacks are never good, but a rapid response, user compensation and 1-hour bug fixing seems to top the spectrum of team reactions.

Treasury's proposed rule aims to cut A7's front companies off from U.S. finance—including crypto, where its ruble token moved $179 billion.

A second suspect faces extradition to Puerto Rico, while Investigators are tracing the proceeds of ransoms the group demanded in crypto.

An MOU with Uniswap Labs, Base and Nyx Foundation targets a Japan-focused DeFi gateway for completion by mid-2027.... Read the full story at The Defiant

Points holders have 10 days to buy from a 50 million-token allocation at $0.26 per KNTQ, potentially generating $13 million in gross proceeds.... Read the full story at The Defiant

VersaBank issues the bank-only token, which Fiserv says serves a North Dakota network of more than 90 banks and credit unions.... Read the full story at The Defiant

The general manager of NEAR Intents said the attacker who drained a preliminary $3.8 million has been identified, and posted three addresses for the money's return. None had received the funds as of early Oct. 2.... Read the full story at The Defiant

ZEC is 21% off its $1,698 peak after ETF outflows and a suspected North Korean heist routed money through its shielded pool. Is the run over, or will traders buy the dip?

The proposal would let advisers and funds use state trust companies as custodians and permit self-custody under certain conditions, aiming to replace years of ambiguity with a clear compliance path.

Reddit RSS dies November 13 and outside apps lose their data pipeline by March 2027. Reddit blames scraping bots, though it licenses its own content to AI companies.

The proposal also sets conditions for state trust company custody, with public comments due 60 days after Federal Register publication.... Read the full story at The Defiant

OpenAI says it disrupted a campaign involving 15,000+ users and ties a core cluster to people associated with Moonshot, the startup behind Kimi.

Communications chief Andy Stone said reading Messages requires two permissions the user controls, disputing a journalist who reported Muse synced his texts despite his settings.

Shareholders approved Evernorth's merger with Armada Acquisition Corp. II, clearing the way for the Ripple-backed firm to begin trading Oct. 8 with a stash of roughly 473 million XRP.

OpenAI says the three broke its rules on handling sensitive information. The exits land after months of rogue-agent incidents, a trail of safety-team departures, and a new lawsuit.

FinCEN says A7’s sub-agents processed more than $17 billion in dollar-denominated transactions from January 2025 through June 2026.... Read the full story at The Defiant

Issuers favor short-term debt, while China’s decline is mostly in longer-dated securities. The authors say additional demand depends on who buys stablecoins.... Read the full story at The Defiant

The redesign requires new deployments rather than in-place upgrades of existing 2.x identities, according to the project's changelog.... Read the full story at The Defiant

Hyperliquid held as much resting liquidity as the median of Binance, Bybit and OKX on four of five crypto assets and cost less to trade, a Castle Labs study of live order books found. The gap that remains sits in how venues price stocks and commodities when the underlying market is closed.... Read the full story at The Defiant

Bitcoin enters its historically strongest month after a record-pace September, but a Fed hike and 5.3% Treasury yields are testing the bulls.

Illinois officials and crypto groups jointly asked a state court to delay the 0.2% Digital Asset Tax from Jan. 1 to July 1, 2027, while a legal challenge continues.

Redeeming burns the tokens and ends their claim on future deposits. Holders can instead wait for revenue-funded recovery or sell their DFX.... Read the full story at The Defiant

Near Intents froze its cross-chain swaps after a bug let an attacker drain about $3.8 million. The company promised to repay every user.

Holders must open a 180-day lock and cast governance votes to claim rewards, with no fixed payout rate.... Read the full story at The Defiant

A hosted Model Context Protocol server gives ChatGPT, Claude and Cursor read access to the datasets behind Blockworks research and its Intel app. It comes with every API plan at no extra cost, on the same key and the same permissions.... Read the full story at The Defiant

The protocol pledged full compensation and said deposits and withdrawals on 11 networks would face a longer suspension while infrastructure repairs continue.... Read the full story at The Defiant

The guidelines exclude cryptocurrencies, leaving tokens outside a regime written for currencies bought with real money inside games.

Plus, a major MetaMask security event has crypto natives on edge as details trickle out.

The bank has revised its 12-month target for BTC up from $82K, though it remains about 10% below Bitcoin's October 2025 record.

The authors plan a separate issuance-policy process, naming Lido among those offering to help after objections over validator economics and how the change was being considered.... Read the full story at The Defiant

The wallet says it has found no immediate threat to user wallets, but the ETH it is pulling out of Lido could take 45 days to return.

Regulators are probing how the exchange keeps serving EU customers from Abu Dhabi, months after it lost its MiCA registrations.

Judge Jennifer Rochon ruled that six months of memecoin launches cannot sustain a RICO claim, and that plaintiffs never pleaded Meteora as an entity capable of being sued.... Read the full story at The Defiant

Bitget and Liquid Network dominate the month's losses, while recovered and frozen funds substantially reduce the remaining damage.... Read the full story at The Defiant

The council vetoed two proposals within six hours, Marinade says. No funds moved, and its staking services were unaffected.... Read the full story at The Defiant

The RLUSD and PYUSD vaults had about $8.46 million and $2.38 million of available liquidity, respectively, in Morpho’s latest snapshots.... Read the full story at The Defiant

MetaMask says its investigation has found no indication that wallets or customer funds were affected. Lido estimates the exit, withdrawal and re-entry cycle could take up to about 45 days.... Read the full story at The Defiant

Gemini 4 Argon tops 12 of 18 benchmarks in Google's own table, writes a million tokens per reply and resists hijacking best. Cyber defenders get it first, with the guardrails off.

The team behind the MyDoge wallet opened a public test of DogeOS, a layer that lets developers build lending platforms and games on top of the meme coin network.

Chainalysis says the wallets’ counterparties had exposure to laundering networks used by Mexican and Colombian cartels and Venezuelan launderers.... Read the full story at The Defiant

An internal memo warned FBI staff that ShinyHunters, the group claiming it hacked the bureau's jobs site, may hold their private details.

The Coinbase-backed group's first Senate endorsements—Republicans Jon Husted and Ashley Hinson and Democrat Chris Pappas—come two weeks after the Clarity Act's collapse, as the industry's fight shifts to the campaign trail.

OUSD is already available across Uniswap's protocol, apps and API, while the planned rewards mechanism awaits its full design.... Read the full story at The Defiant

The attacker behind the $387.5 million Bitget heist has started hiding about $3.8 million in ZEC inside Zcash's Ironwood pool, after Near Intents turned their swaps away.

The ADAPT Act would exempt qualifying stablecoin purchases and crypto-paid transaction costs of $10 or less from gain-or-loss recognition, while restricting loss harvesting.... Read the full story at The Defiant

Existing firms that apply by Feb. 28, 2027 can keep taking new business if their applications are still pending when the regime starts on Oct. 25.... Read the full story at The Defiant

Ask the U.S. government's new AI chatbot about Minecraft and it produces a roughly 1,800-word bureaucratic remix of the game's ending poem. It's an easter egg, not a hallucination.
The year's third Base upgrade lets traders submit transactions that stay dormant until price or block conditions are met, and adds three changes to the B20 token standard behind Coinbase's tokenized stocks. Base's documentation for the new transaction method lists it as running on test networks.... Read the full story at The Defiant

Borrow Kit lets apps offer cirBTC-backed loans, while Onramp purchases require provider identity checks and regional eligibility.... Read the full story at The Defiant

The two proposals would define event contracts as "swaps" while excluding "casino-style gambling products"—a bid to cement the agency's exclusive jurisdiction as states sue prediction-market operators over gambling claims.

Chainlink demonstrated the financing workflow with DTCC at Sibos, while integrations with financing venues remain under way.... Read the full story at The Defiant

Mastercard's route runs through BVNK, while Visa offers limited beta access and Coinbase is scheduled to follow on Oct. 1.... Read the full story at The Defiant

The seven-day test sent funds from Jersey to the US in under an hour, including over the weekend, with Lloyds using Canton and Visa a separate blockchain.... Read the full story at The Defiant

Active loans in DefiLlama’s tracked markets rose 76%, while V4 generated just 2% of Aave’s trailing 30-day protocol revenue.... Read the full story at The Defiant
Bitcoin ETFs added $66 million Tuesday, matching August's nine-day run and topping it in dollars. How long will the streak stay alive?

The regulator also wants to bar crypto firms from all MiCA-licensable services involving noncompliant stablecoins, extending restrictions to custody and transfers.... Read the full story at The Defiant

Decrypt is the destination, Myriad is the infrastructure and MYR is the token for a connected media ecosystem.

The one-page pact, which Trump called "morally binding," asks companies to adopt internal controls, independent audits and board oversight—but carries no penalties and drew criticism for its thin detail.

The Fed's favorite inflation gauge came in cooler than expected, rate-hike odds fell and Bitcoin traders took the hint.

Paul Chowles took 50 BTC from a Silk Road 2.0 seizure in 2017. Prosecutors have now valued the theft at more than 30 times that.

Tokenized real-world assets reached $34.5 billion at the end of August, according to a Dune report published Wednesday. Tokenized Treasury funds make up half of it and turned over 0.006% of supply that month. Equities, 8% of the market, generated 93% of spot volume.... Read the full story at The Defiant

Wallets that lost $1,000 or less get everything back when the portal opens Wednesday. The 345 wallets carrying at least 86% of the $23.8 million loss choose between a $1,000 payment and a pro-rata claim on funds Ostium has not yet recovered.... Read the full story at The Defiant

Robinhood is leaning deeper into crypto as they look to unlock their “everything app” vision.

Two self-identified Gate managers said a same-name asset error affected 200 accounts and that balance displays were being restored.... Read the full story at The Defiant

Visa previously announced stablecoin funding and payout pilots; Stable has not specified when its connection will be available or which markets it will cover.... Read the full story at The Defiant

The Hong Kong dollar token is planned for the second half of 2026, with initial distribution limited to PayMe and the HSBC HK Mobile App.... Read the full story at The Defiant

Standard Chartered forecasts a 7x gain by end-2028 on the strength of Ethena's buyback program. The buyback switches on when USDe supply reaches $7.5 billion; USDe sits at $4.9 billion.... Read the full story at The Defiant

The reward pools exclude members with market-maker agreements; Kalshi cited separate liquidity payments to explain clustered ether perpetual trades.... Read the full story at The Defiant
Robinhood's in-app perpetual futures will be offered by its own futures commission merchant through Bitstamp. LIT is down 22% over seven days.... Read the full story at The Defiant

The internal testing program uses the bank’s innovation-lab network, while E*Trade already offers eligible clients spot crypto trading through zerohash.... Read the full story at The Defiant

Trade approvals will default to on, while a planned Loops feature will let users run recurring strategies around the clock.... Read the full story at The Defiant

Sequoia and Wellington are in talks to lead the financing, which would lift Kalshi's valuation about 82% above its confirmed May round.... Read the full story at The Defiant
A Snapshot vote would liquidate the protocol, swap what collateral is left into ether and pay MIM holders pro rata. The team puts recoverable backing at about $900,000 against $21 million of bad debt.... Read the full story at The Defiant

The eight-contract lineup offers no-expiry trading through Robinhood Derivatives and Bitstamp, with broader access planned in the coming months.... Read the full story at The Defiant

The asset manager points to tiny, round-the-clock payments for data and computing power, while traditional checkout systems retain a role.... Read the full story at The Defiant

Two New York lawsuits allege investors were shown fictitious profits and pressed for more money when they tried to withdraw.... Read the full story at The Defiant

About $52.4 million remains in V2 and V3 pools. Withdrawals will stay open, while treasury redemptions are scheduled to begin in May 2027.... Read the full story at The Defiant
