The round was structured as an equity investment with token warrants, Based co-founder and CEO Edison Lim told The Block.
BlackRock, Apollo, and Citadel have acquired or agreed to acquire DeFi tokens. Here’s why and what it really signals.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Eligible U.S. users, excluding those in New York, can now borrow up to $100,000 in USDC without selling the four tokens, Coinbase said.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Moonwell confirmed roughly $1.8 million in bad debt after a misconfigured oracle priced cbETH incorrectly and triggered liquidations.
Zora, a socialfi platform closely associated with the Ethereum Layer 2 Base, is launching its new attention market platform on Solana.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
LiFI Composer allows users to combine different actions like swaps, bridging, deposits, and staking into a single transaction.
ZeroLend will wind down after operating losses as TVL fell 98% to $6.6 million and the ZERO token plunged.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
deBridge has launched MCP, enabling AI agents to carry out non-custodial cross-chain swaps, bridging, and multi-step transactions.
Circle Ventures has invested an undisclosed sum in decentralized trading platform edgeX ahead of the project’s planned token launch.
SBI tapped the blockchain R&D firm behind Sony’s blockchain to co-develop a Layer 1 purpose-built network for onchain stocks.
The move marks the platform’s first direct integration with a DeFi venue, a Ripple Prime spokesperson told The Block.
HyperLiquid is adding general-purpose Outcome trading as an expansion to Hyperliquid’s in-progress HIP-4 update.
Arcium has launched its Mainnet Alpha on Solana, taking its encrypted computation network live as Umbra debuts a shielded finance layer.
stVaults, introduced in February 2025 as part of the Lido V3 upgrade, are finally rolling out in a mainnet.
Flying Tulip, a new DeFi platform founded by Andre Cronje, has raised additional capital through a mix of private and public token sales.
ARK Invest said stablecoin growth is stalling after October’s shock, with Base taking the lead in transaction volume.
CCAs are a price-discovery and liquidity-boosting mechanism that minimizes the impact of bot snipers when launching tokens.
HYPE has jumped more than 60% over the past week as surging silver and commodities trading on Hyperliquid’s HIP-3 DEXs fueled momentum.
Hegota was named late last year as the upgrade following Glamsterdam, as Ethereum developers mapped out the network’s 2026 roadmap.
HIP-3 deployed DEXs have recorded a fresh all-time high OI above $790 million, amid a “surge in commodities trading," Hyperliquid said.
Bitwise has joined Morpho as a vault curator, highlighting growing institutional demand for allocating capital onchain.
Risk managers Chaos Labs and Sentora will also operate the first three USDC vaults, allocating funds to protocols like Aave, Morpho and Sky.
Critics questioned Space's $20 million raise against its $2.5 million target, prompting a debate over transparency in crypto fundraises.
Sun's investment coincided with a sharp rally in the RIVER token and heightened scrutiny over leverage-driven trading activity.
Boundless' new verification system will initially run from the Ethereum mainnet and Base Layer 2 to Bitcoin, with plans to expand.
Chainlink's 24/5 U.S. Equities Streams will enable decentralized protocols to more easily integrate onchain stocks and ETFs.