Lead Story — DeFi
Wyoming Migrates Its State Stablecoin To Chainlink CCIP
Wyoming's Stable Token Commission completed a full migration of its Frontier Stable Token off its prior bridging setup and onto Chainlink's Cross-Chain Interoperability Protocol, after a security review found it was the only infrastructure meeting the state's requirements.
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Whales Open Massive Leveraged ETH Longs On Hyperliquid
Multiple traders posted matching Hyperliquid screenshots showing eight and ten figure leveraged ETH long positions opened within hours of each other, with liquidation prices clustered near 2,200 dollars while ETH itself traded near 2,500 dollars.
Sberbank To Accept Bitcoin As Loan Collateral, Eyes Ethereum Next
Sberbank Deputy Chairman Anatoly Popov told TASS the Russian bank plans to expand crypto-backed lending, eventually accepting Ethereum and Tether alongside Bitcoin once new regulation and central bank approval clear the way.
Solana's First Binding Onchain Vote Closes, Network Slots Drop To 300ms
Solana validators passed the network's first binding onchain vote this week, formalizing a Constitution and a slower issuance schedule while the network's own explorer shows slot times already near the new 300 millisecond target.
Ajna V2 Loses $775K As Oracleless Lending Protocol Gets Drained
Ajna v2 lost roughly $775,400 across seven Ethereum pools after an attacker exploited internal liquidation accounting, not an oracle. With no governance, the immutable protocol's only response was to ask users to withdraw.
BIS Chief Tells Jackson Hole: Stablecoins Are Not Real Money
BIS general manager Pablo Hernandez de Cos told the Jackson Hole symposium that stablecoins do not credibly function as money at scale, backing tokenized bank deposits instead.
Bitcoin
All Bitcoin coverage →
Sberbank To Accept Bitcoin As Loan Collateral, Eyes Ethereum Next
Sberbank Deputy Chairman Anatoly Popov told TASS the Russian bank plans to expand crypto-backed lending, eventually accepting Ethereum and Tether alongside Bitcoin once new regulation and central bank approval clear the way.
Bitcoin Slips Below $80K As Fed Chair Warsh Turns Hawkish
Bitcoin fell below $80,000 after Fed Chair Kevin Warsh's hawkish Jackson Hole speech pushed September rate-hike odds to 60% and snapped a nine-day bitcoin ETF inflow streak.
Bitcoin Tests Resistance After Sharp Rally From June Low
Bitcoin has rallied hard off its June low and is now testing resistance near $81,000, but funding rates across major exchanges remain far from the overheated levels typically seen at market tops.
MANTRA Chain Loses $3.6M In Cosmos-EVM Exploit, No Keys Compromised
MANTRA_Chain disclosed on X that an upstream cosmos/evm bug let an attacker drain 720.9 million MANTRA from two dormant addresses on August 20, without touching any validator, admin, or multisig key.
What Is DeFi? A Plain-Language Guide to Decentralized Finance
DeFi replaces banks and brokers with code. Here is how lending, trading, and yield actually work on-chain.
Ethereum
All Ethereum coverage →
Whales Open Massive Leveraged ETH Longs On Hyperliquid
Multiple traders posted matching Hyperliquid screenshots showing eight and ten figure leveraged ETH long positions opened within hours of each other, with liquidation prices clustered near 2,200 dollars while ETH itself traded near 2,500 dollars.
Ajna V2 Loses $775K As Oracleless Lending Protocol Gets Drained
Ajna v2 lost roughly $775,400 across seven Ethereum pools after an attacker exploited internal liquidation accounting, not an oracle. With no governance, the immutable protocol's only response was to ask users to withdraw.
Ethereum's Rally Runs Through A Record ETF Inflow Streak
Spot Ethereum ETFs have posted nine straight days of net inflows, corroborated by two independent trackers, as ETH holds a 28 percent monthly gain despite a rough 24 hours.
Regulation
All Regulation coverage →
BIS Chief Tells Jackson Hole: Stablecoins Are Not Real Money
BIS general manager Pablo Hernandez de Cos told the Jackson Hole symposium that stablecoins do not credibly function as money at scale, backing tokenized bank deposits instead.
SEC Proposes Regulation Crypto Assets For Token Sales
The SEC has proposed Regulation Crypto Assets, a new rule creating two registration exemptions for crypto token offerings and a conditional safe harbor from securities law.
How Stablecoins Actually Keep Their Peg
Not all stablecoins are backed the same way. Here is the difference between fiat-collateralized, crypto-collateralized, and algorithmic designs.
Solana
All Solana coverage →
Solana's First Binding Onchain Vote Closes, Network Slots Drop To 300ms
Solana validators passed the network's first binding onchain vote this week, formalizing a Constitution and a slower issuance schedule while the network's own explorer shows slot times already near the new 300 millisecond target.
Solana Tests $110 As ETF Inflows And A Schwab Listing Fuel The Rally
Solana hit a 24-hour high of $110.17 before pulling back, backed by record ETF volume, a reported Charles Schwab listing, and a governance vote tightening SOL's supply schedule.
Why Solana Has Had Network Outages, and What's Changed
Solana went fully offline multiple times in its early years. Here is what actually caused those outages and the fixes that followed.
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