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USDT Leads Payments, USDC Dominates DeFi
The world’s biggest stablecoins are increasingly becoming chain-specific financial products, with Tether’s USDt (USDT) and Circle’s USDC (USDC) serving distinct roles across the crypto ecosystem rather than competing head-on.Dune’s Digital…
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Strike Launches Volatility-Proof Bitcoin-Backed Loans
Bitcoin financial services platform Strike has launched a “volatility-proof” Bitcoin-backed loan that eliminates margin calls and forced liquidations amid the depths of a bear market, but only for those who can pay on time and handle a 14%…
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US Firms Shift to Chinese AI After Trump Administration Curbs on Anthropic Models
Key TakeawaysOn June 12, the U.S. Commerce Department imposed abrupt export controls on Anthropic’s Claude AI models.The regulatory directive forced global firms to adopt Chinese open source AI models to maintain operations.Anthropic will…
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Trump’s Bitcoin Reserve Stalled By Interagency Clash: Report
The Trump administration’s push to establish a US Strategic Bitcoin Reserve has reportedly hit a roadblock, as the Commerce and Treasury departments are at odds over how the reserve should be structured and which agency should have primary…
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Summer Finance Hit by Sophisticated Flash Loan Liquidity Manipulation
Summer Finance lost around $6 million in a flash loan exploit.
Summer Finance has become the latest decentralized finance protocol to suffer a major security incident.…
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Injective CEO on Layer-1 Centralization Risk
Layer-1 blockchains will come under increasing pressure to sacrifice decentralization for speed and efficiency as adoption of the technology grows, according to Injective CEO Eric Chen.This pressure will come from the need to satisfy users’…
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Standard Chartered Extends Tokenization Thesis to Aave Lending
Banking giant Standard Chartered has identified Aave as a potential beneficiary of tokenized assets as they move into decentralized finance (DeFi), saying the protocol could rebuild its position as a dominant onchain lending platform.In a…
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DeFi TVL Down by $45B in 2026 Despite More Resilient Market Structure
Total value locked (TVL) in decentralized finance (DeFi) has fallen by about 39% in 2026 so far, declining to just over $70 billion from roughly $115 billion in January.A Wednesday report from crypto data aggregator CryptoRank attributed…
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Fhenix Combines With Sunscreen to Build Quantum-Resistant FHE for Finance, AI and Payments
Key TakeawaysFhenix has bought cryptographic developer Sunscreen to unite frontier Web3 research under one roof.Since 2022, Sunscreen has pushed FHE to become standard, critical infrastructure across Ethereum networks.Fhenix will deploy a…
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Revolut Notifies Customers of USDT Delisting
Revolut, a crypto-friendly digital banking platform headquartered in the United Kingdom, notified some users it will delist Tether USDt (USDT) stablecoin in August, citing regulatory and risk concerns.In a Friday customer notice seen by…
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