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Aave Labs Seeks $50M Package in Revenue Shift Proposal
Aave Labs has asked tokenholders to approve a funding package worth about $50 million in exchange for redirecting all revenue from Aave-branded products to the Aave DAO treasury.The proposal includes up to $42.5 million in stablecoins — $25…
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BlackRock Enters DeFi Via UniSwap, Bitcoin Stages Modest Recovery
BlackRock made its first formal move into decentralized finance this week, listing its tokenized Treasury fund on Uniswap, with Bitcoin and Ether staging only modest rebounds amid heavy ETF outflows.Bitcoin (BTC) and Ether (ETH) each rose…
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Trump-Linked World Liberty Financial To Enter Foreign Exchange Market
World Liberty Financial (WLFI), a decentralized finance (DeFi) platform backed by the family of US President Donald Trump, announced on Thursday that it will launch foreign currency exchange (FX) and remittance services for its users.The…
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BlackRock Brings $2.1B BUIDL Fund to Uniswap
Asset management giant BlackRock is making its first formal move into decentralized finance by bringing its tokenized US Treasury fund to Uniswap, marking a milestone moment for institutional adoption of DeFi.According to a Wednesday…
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Robinhood Chain Testnet Goes Live on Arbitrum
Robinhood has launched a public testnet for Robinhood Chain, its new Ethereum layer‑2 network built using Arbitrum technology that aims to bring tokenized real‑world and digital assets onchain.According to a release shared with…
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Vitalik Buterin Slams ‘Fake’ DeFi, Backs ETH-Based Algo Stablecoins
Buterin criticized modern DeFi as centralized in disguise, arguing USDC yield farming misses core principles.
Ethereum co-founder Vitalik Buterin has questioned the…
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Elon Musk’s xAI Recruits Specialists to Train AI Models on Crypto
Elon Musk’s artificial intelligence company xAI is hiring a crypto specialist to help train its AI systems on digital asset markets.According to a newly posted job listing, the company is recruiting a remote “Finance Expert – Crypto” to…
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Aave Shutters Avara Brand and Family Crypto Wallet
Aave Labs says it is sunsetting its “umbrella brand” Avara in the company’s latest move to refocus on decentralized finance and simplify its branding.Aave founder and CEO Stani Kulechov posted to X on Tuesday that Avara, a company…
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Bitcoin Dips to $60k, TRM Labs Reaches Crypto Unicorn Status
Cryptocurrency markets experienced a brutal sell-off this week as investor concerns grew over stagnating US liquidity following US President Donald Trump's nomination of Kevin Warsh to lead the Federal Reserve.Bitcoin exchange-traded funds…
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Base Fixes Transaction Delays After Config Error, Maintains L2 Lead
Coinbase’s Ethereum layer-2 network Base said recent slow or missing transactions were caused by a configuration error that has been fixed.Over the weekend, Base users experienced elevated transaction drops and delays in getting…
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