Decentralised finance stories

Talos says KelpDAO's rsETH bridge flaw triggered a DeFi liquidity crunch, with unbacked tokens used on Aave and more than USD $9 billion withdrawn.

OVHcloud teams up with Alchemy to host blockchain developer tools on its cloud, targeting regulated markets and multi-cloud growth.

Tether leads USD $150 million recovery plan as Drift Protocol seeks to restore user balances and restart trading after April exploit.

MegPrime launches rewards app with homebuyer incentives as chief executive officer Zach Ipour says buyers can earn up to USD $15,000 in token rewards.

Tether invests USD $134 million in listed stablecoin platform as stablecoin use surges past USD $300 billion and eyes public market access.

Most companies lack confidence in cyber defences as a Sygnia survey finds major gaps in visibility, coordination and board-level readiness.

Ledger names Ian Rogers as Chief Human Agency Officer, putting hardware approval and human oversight at the centre of its AI security push.

Treasury extends free cyber threat intelligence to eligible US crypto firms after a spate of costly hacks exposed rising operational risks.

SoFi expands into corporate banking with a regulated platform for deposits, payments and stablecoin settlement, targeting crypto firms and fintechs.

Linux Foundation takes control of Coinbase's x402 protocol as Amazon, Visa and Mastercard back open payments standard for AI-driven web transactions.

Animoca Brands' Yat Siu argues autonomous AI agents will become the internet's main actors, with blockchain supplying payments, identity and trust.

Tether Gold debuts on BNB Chain as Paolo Ardoino's firm seeks wider reach for tokenised bullion amid a surge in demand for real-world assets.

Bitget targets cross-asset traders with unified account push as it touts tokenised stocks, FX and commodities on one USD-denominated platform.

Ledger launches Wallet 4.0, overhauling its crypto app with new trading tools, rewards insights and a redesigned, device-linked interface.

Invesco is to manage Superstate's USD $967 million tokenised USTB Treasury fund, deepening its push into on-chain institutional products.

Solana unveils an API-based developer platform for banks and payment firms, backed by Mastercard, Worldpay and Western Union pilots.

Nasdaq links Calypso and Trade Surveillance to Talos to streamline tokenised collateral, uniting risk and compliance across on- and off-chain assets.

Ledger names John Andrews CFO and opens a New York office, boosting its US institutional push in digital asset security infrastructure.

Rhino.fi unveils Stablecoin 1:1, promising predictable USDT and USDC cross-chain settlements for businesses across 25+ networks.

The World Gold Council unveils a shared Gold as a Service platform to standardise and scale interoperable digital gold infrastructure.