Blockchain

Solana-based decentralized finance yield protocol Carrot said Thursday that it is shutting down permanently, becoming one of the first DeFi protocols to fall due to contagion from the Drift Protocol exploit in early April.  In […]

Andre Cronje says much of decentralized finance is “no longer DeFi” in the strict sense, as builders debate whether circuit breakers and other emergency controls are now necessary to protect users from exploits. The Flying […]

Aptos Labs founding engineer Sherry Xiao said Aptos’ newly introduced privacy coin could fix a long-standing trade-off between protecting user privacy and preserving transparency for compliance. “Confidential APT” launched on the Aptos mainnet on Friday […]

Two of Solana’s most-used validator clients have implemented a test version of a new post-quantum signature solution, Falcon, to help prepare the Solana network for future quantum threats. In an announcement on Monday, Anza and […]

Tokenization does not automatically make hard-to-trade assets liquid, industry executives said at Paris Blockchain Week, pushing back on the idea that putting private credit, real estate or other illiquid products onchain will by itself create […]

Crypto exchange Coinbase has rolled out crypto-backed USDC loans for users in the United Kingdom, allowing users to borrow USDC against Bitcoin, Ether and Coinbase Wrapped Staked Ether (cbETH). The loans are issued through Morpho, […]

The newly appointed governor of the Bank of Korea, Hyun-Song Shin, has voiced support for central bank digital currencies (CBDCs) and tokenized deposits in his first public address. Shin, who began his four-year term after […]

Flying Tulip, a decentralized finance (DeFi) platform founded by DeFi developer Andre Cronje, has added a circuit breaker that can delay or queue withdrawals during abnormal outflows, as April DeFi losses climbed amid a string […]

Decentralized finance (DeFi) protocol Volo has disclosed a security breach that resulted in the loss of approximately $3.5 million in digital assets, marking the latest incident in a series of exploits targeting DeFi platforms. In […]

Banks are moving onchain through competing models that take different approaches to how financial rules are enforced. On the one hand are blockchain-native builders like Matter Labs co-founder Alex Gluchowski, who argue that financial systems […]