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Flash News

24/7 coverage of global Web3 & AI markets

Aug 27
18:34

The Ethena Foundation bought out seed investors who sold ENA, except one wallet that refused, and has put a fee switch to a vote. However, the first buyback trigger requires USDe supply to nearly double from current levels.

CryptoDeFi
17:05

Aave V4 has reached $806 million in deposits, marking a 30% increase over the past week. This growth reflects rising demand for DeFi lending services.

CryptoDeFi
16:55

Virtu, M1X, and Tradeweb have completed an on-chain repurchase agreement using a digital bond issued by the Republic of the Marshall Islands. This marks a significant step in the convergence of traditional finance and blockchain-based asset tokenization.

RWADeFi
16:52

Aave V4 deposits surged 30% in a week to $806 million, with EtherFi Cash as its second-largest market at $257 million. Meanwhile, Aave V3 retains a much larger $31 billion deposit base, indicating V4’s early traction.

CryptoDeFi
16:39

Virtu and Tradeweb executed a full onchain repo transaction using the Marshall Islands-issued USDM1 digital bond as collateral on the Canton Network, completing the cycle in under 10 minutes. This marks a significant step in integrating real-world assets into decentralized finance.

RWADeFi
13:40

Ethena announced a tokenomics reform, leading to a 23% surge in ENA within 24 hours. The reform likely aims to adjust token distribution or incentives to improve sustainability.

CryptoDeFi
12:54

Moonwell, a lending protocol on Base, suffered an $8.7 million loss due to price manipulation of the MAMO token. The attacker inflated the token’s price and borrowed against it, prompting the protocol to cut borrow caps on all core markets to one wei.

CryptoDeFi
12:37

According to Hyperbot data, Machibig Bro (Huang Licheng) has opened another 10x leveraged long position on PUMP, now holding 400 million PUMP tokens worth approximately $1.98 million, with an unrealized loss of $12,700.

CryptoDeFi
12:20

Liminal Money, a yield project on Hyperliquid, has enabled portfolio margin to boost returns. It now offers 30% APY via xHYPE capturing Hyperliquid funding rates, 17% via limUSD, and 15% via xBTC for Bitcoin funding.

CryptoDeFi
12:00

MoonPay has integrated with Kamino, allowing AI agents to access lending and borrowing services on the Solana blockchain. This integration marks a step towards AI-driven DeFi interactions, enabling automated financial operations.

CryptoDeFi
11:28

Coinbase has introduced AiFi, a financial system integrating AI agents with on-chain payments, with its x402 protocol handling over 205 million transactions. This marks a significant step in AI-crypto convergence, enabling autonomous agent-to-agent commerce on blockchain rails.

CryptoDeFi
10:57

Ethena has proposed a new framework that assigns protocol IP and value accrual to the Ethena Foundation. A live governance vote would use effectively 100% of net revenue to purchase ENA tokens, potentially boosting token value.

CryptoDeFi
10:35

Hyperliquid Strategies, the treasury arm of HYPE, has raised $647 million, doubling its HYPE token reserves to 29.3 million. The funding is expected to bolster the project’s financial position and support its ecosystem growth.

CryptoDeFi
10:20

The Ethena Foundation has unveiled four significant ecosystem adjustments, including a buyback of ENA tokens and the elimination of monthly VC unlocks. These changes aim to restructure tokenomics and enhance long-term sustainability.

CryptoDeFi
09:10

A trader has opened a 20x leveraged long position on SOL worth approximately $10.45 million. This follows the trader’s previous success, having earned over $11 million from a long ETH position.

CryptoDeFi
09:10

Moonwell is investigating an exploit in the MAMO market on Base, resulting in a loss of approximately $8.7 million. The team is working to assess the situation and mitigate further damage.

CryptoDeFi
08:55

Lido has revised its EarnETH fee structure, reducing the management fee to 0.2% while increasing the performance fee portion. This change aims to optimize incentives for users and maintain competitive positioning in the liquid staking market.

CryptoDeFi
08:13

Robinhood Chain saw its strongest day since mid-July, processing $443 million in DEX volume and over 3 million transactions. The surge is driven by meme coin activity and rising interest in real-world asset (RWA) tokenization on the network.

RWADeFi
06:40

GoPlus Security reported that Realio’s signing key was compromised, leading to the transfer of approximately 127.9 million RIO tokens. The incident highlights security risks in tokenized asset platforms.

CryptoDeFi
06:29

Revolut has launched its euro stablecoin, EURR, to initial customers in Denmark, Poland, and Portugal, despite only 369 tokens in circulation. With 80 million customers, Revolut’s distribution network could significantly boost the euro stablecoin market.

CryptoDeFi
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