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#DeFi
Clarity Act Stalls in Senate, Aave Founder Floats DeFi's "Uber Path"
After the U.S. Congress's crypto regulation bill, the Clarity Act, hit a wall in the Senate vote, Aave founder Stani Kulechov suggested in an interview with The Starting Block that if legislation keeps stalling, DeFi may have to take a page from Uber's playbook.
Term Finance Hit by Governance Exploit, Losses Estimated at $8.5 Million
DeFi lending protocol Term Finance's vault proposals came with a seven-day delay and a liquidity provider veto mechanism—yet neither stopped the attacker this time, with losses estimated at $8.5 million.
Curve Founder Egorov: FATF Regulatory Pressure Could Push DeFi Toward Greater Decentralization
Curve founder Michael Egorov offers a counterintuitive take: pressure from the Financial Action Task Force (FATF) may not be a headwind for DeFi, but rather a driving force pushing protocols toward greater decentralization and stronger security.
Evernorth Bets on XRP Ledger DeFi Play While Pushing Ahead With IPO Plans
Evernorth, a treasury company focused on holding XRP, plans to start putting its reserves to work generating yield. The move comes just as the XRP Ledger is evaluating a native lending feature, and as Evernorth itself is on the path toward going public.
Bitwise CIO: Token Buybacks Go Mainstream, Crypto Valuations Could Face Multiple Re-Rating
Bitwise's Chief Investment Officer has observed DeFi apps and protocols shifting toward revenue-driven token buybacks, arguing this "revenue fever" could trigger a doubling-level re-rating of crypto asset valuations.
Figure's Quarterly Net Profit Surges 192% to $87 Million as Loan Marketplace Volume Hits $4.3 Billion
On-chain lending platform Figure released its quarterly earnings, showing net profit up 192% year-over-year to $87 million, alongside loan marketplace volume of $4.3 billion for the same period. The numbers alone send a clear signal.
SharpLink Drops $200M in ETH Into Lido, Betting on Liquidity Over Yield
The Miami-based digital asset treasury firm chose to stake 12% of its ether via wstETH — not for the interest alone, but for the flexibility to keep deploying assets across DeFi even while staked.