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DeFi

Binance Hacker Hunts for Exit Ramps as DeFi Exchanges Pause Markets

The attacker behind the wallets draining Binance is using decentralized exchanges such as Uniswap and Aave as exits, swapping stablecoins that issuers can freeze for Ethereum that nobody can, according to Etherscan reco…

4 min read

US Dollar: Flatter curve supports currency – ING

ING’s Chris Turner notes that the Dollar is benefiting from a flatter US yield curve as hot inflation data keeps short-dated rates elevated while long-dated Treasuries recover. He argues this backdrop typically favors t…

1 min read

DeFi Development Corp Adds $3 Million in Solana as SOL Buys Slow

DeFi Development Corp., a Financial services and asset management company known in the crypto ecosystem for having the second biggest Solana holdings in the world, just added 26,202 SOL, worth roughly $3 million, to its…

3 min read

Circle opens Arc mainnet as it seeks an edge for USDC utility

Circle has scheduled the public launch of Arc for Sept. 16, giving USDC a network where the same dollar balance can fund both payments and transaction fees. That could remove a common obstacle to using stablecoins, givi…

3 min read