Category: DeFi
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Zcash Developer Activity 2021 Low, ZEC Down 40% On Governance Dispute
Developer activity linked to the privacy-focused cryptocurrency Zcash has fallen to its lowest level in years, as a governance dispute and a prolonged price decline weigh on the project’s ecosystem. Data from market intelligence company Santiment shared in a Thursday X post showed that developer activity tied to Zcash dropped to its weakest level since…
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Sharplink Pockets $33M From Ether Staking, Deploys Another $170M
Public companies and crypto-focused treasury firms are increasingly turning to staking as a source of passive income. Sharplink Gaming, the world’s second-largest corporate Ether (ETH) holder, generated 10,657 Ether ($33 million) in passive yield on its staking operations during the past seven months, according to the company’s dashboard. Staking allows investors to earn passive income…
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Bitcoin Steadies as ETF Flows Reverse and Altcoins Reprice
Cryptocurrency markets experienced a limited recovery this week as investor liquidity gradually returned after the holidays. Bitcoin (BTC) topped a weekly high of $94,458 on Monday, before declining to about $90,937 at the time of writing on Friday. US spot Bitcoin exchange-traded fund (ETF) demand saw a sharp reversal after $1.1 billion in inflows on…
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Truebit protocol hack exposes DeFi security risks as TRU token collapses
The TRU token collapsed from $0.1659 to near zero, wiping out market value. Liquidity on decentralised exchanges dried up following the exploit. The attacker wallet was linked to a Sparkle protocol attack 12 days earlier. A serious security breach at Truebit Protocol has triggered one of the sharpest collapses seen in decentralised finance this year.…
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Nexo Launches Zero-Interest Crypto Loans for Bitcoin and Ether Holders
Nexo has launched a zero-interest crypto lending product that allows Bitcoin and Ether holders to borrow against their assets through fixed-term loans. According to a company announcement, the product, called Zero-interest Credit, offers fixed-term loans for users who hold Bitcoin (BTC) and ETH (ETH), with repayment conditions set in advance. Loans are settled at maturity and…
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2025 Crypto Bear Market “Repricing” Institutional Capital: Analyst
The steep decline in altcoins over the past year may reflect a broader reassessment of which blockchain networks are likely to attract long-term capital, as institutional investors begin a gradual, multiyear entry into the market, analysts say. Excluding Bitcoin (BTC), 2025 turned out to be a bear market for the wider cryptocurrency market. Decentralized finance…
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Jupiter Launches JupUSD Stablecoin Backed by BlackRock’s BUIDL on Solana
Jupiter, a Solana-based DeFi protocol and trading platform, has launched JupUSD, a dollar-pegged stablecoin issued natively on Solana and developed in partnership with Ethena Labs. In an X post on Monday, Jupiter said 90% of the stablecoin’s reserves will initially be held in USDtb, a licensed stablecoin collateralized by shares of BUIDL, BlackRock’s tokenized money-market fund. The…
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Metamask 2FA Scam Emerges, Phishing Attacks Sink 83% 2025
Crypto investors are being targeted by a new phishing campaign that impersonates MetaMask and tricks users into handing over their wallet recovery phrases, according to the blockchain security firm SlowMist. The attackers are impersonating a two-factor authentication (2FA) security verification flow, which redirects users to fraudulent domains through fake security warnings that request users’ seed…
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Aave Founder Responds to Governance Vote With New Strategy
Aave founder and CEO Stani Kulechov has outlined a broader strategic vision for the protocol following a contentious governance vote that rejected a proposal to transfer control of Aave’s brand assets and intellectual property to its decentralized autonomous organization (DAO). The failed vote has prompted renewed debate within the Aave community over the protocol’s long-term…
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Validators prepare to pick stablecoin issuer
One week after opening a contest to decide the issuer of its first native stablecoin, USDH, Hyperliquid is preparing for a validator vote on Sunday to select the winner in what has quickly become one of the industry’s most closely watched community decisions. Hyperliquid, a decentralized exchange for perpetual futures that launched its own layer-1…
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