Fira launches fixed-rate DeFi lending market with $450M in deposits
Fira debuted its fixed-rate DeFi lending protocol with $450 million in pre-launch deposits, seeking to make long-term decentralized lending rates more predictable.
Resolv temporarily halts protocol to ‘contain the impact’ of 80M USR exploit
Resolv’s USR dollar stablecoin is trading at just $0.24 after an attacker minted 80 million unbacked tokens, forcing a full protocol pause and reopening fears over stablecoin risk.
Federal regulation looms as 11 states go after prediction markets
Kalshi is facing off with state regulators around the US, who claim that prediction markets are a form of gambling and recognize that they are a significant source of potential revenue.
NYSE taps Securitize for 24/7 tokenized securities platform
Securitize will become NYSE’s first digital transfer agent to mint blockchain-based shares of stocks and develop standards for compliant tokenized stock issuance.
Solana lands Mastercard, Western Union on new dev platform
Solana is aiming to attract enterprises and financial institutions to its ecosystem through a new unified developer platform, which is focused on tokenization and stablecoins.
Why Mastercard is buying stablecoin infrastructure instead of a token
Mastercard’s planned BVNK acquisition highlights a shift toward infrastructure over token issuance, reflecting how major payment firms are approaching stablecoins.
Wall Street will eventually submit to the rules of DeFi
Wall Street won’t tame DeFi. Regulation creates compliant tiers atop permissionless liquidity, forcing TradFi to adopt DeFi’s superior speed and composability.