News DeFi
DeFi News
Crypto news and analysis in this category · 79 stories
Pencil Finance Closes $1M On-Chain Student Loan Round for 6,600 in Southeast AsiaPencil Finance has wrapped up a $1 million on-chain lending cycle, providing loans to 6,600 unbanked students across Southeast Asia—calling it a firstPONS on Robinhood Chain Hits $5.95M Daily Fees, Token Soars 360%Pons launchpad on Robinhood Chain just smashed a $5.95M daily fee record, ranking 4th overall. The PONS token surged 360% in a week, outpacing the netColdcard Hacker Swaps Stolen Bitcoin for ETH via THORChainA Coldcard hacker from the 'third wave' laundered about 10% of stolen BTC through THORChain, swapping it for ETH. On-chain sleuths traced funds to a nBitwise Launches RWA Vault on Morpho with AUSD DepositsBitwise debuts an RWA vault on Morpho, letting users deposit AUSD for loans backed by tokenized real-world assets—from real estate to GPUs.Sui DeFi Protocol Full Sail Shuts Down After $91K Switchboard Oracle HackFull Sail, a DeFi protocol on Sui, is closing after a security incident tied to the Switchboard oracle. Hacker drained about $91,000 from three vaultsRobinhood Chain DEX Daily Volume Tops $1.55B on Surge in Memecoins, RWAOn September 1, 2026, DEX trading volume on Robinhood Chain shot past $1.55B, with perps at $387M and bridged value at $2.54B, per DeFiLlama.Ethena Pay Launches on Avalanche: 5% Cashback, 6% Savings APYEthena Pay, a new neobank built on Avalanche, offers 5% cashback, 6% APY on dollar savings, instant global transfers, and free onramps in USD, GBP, anEthena Rolls Out USDe Payment App With Up to 6% APY RewardsEthena launches a self-custody app for daily payments, savings, and cross-border transfers in USDe, offering up to 6% APY rewards for users.DFDV Eyes $20M Raise to Buy SOL Tokens with Floating 13% YieldDFDV plans to raise up to $20M via Series C perpetual preferred shares to buy Solana (SOL) and related crypto assets, offering a floating 13% dividendLazarus Group Moved $30M+ Through Hyperliquid, Says ArkhamNorth Korean Lazarus Group wallets under US sanctions moved over $30M through Hyperliquid DEX, Arkham analyst Emmett Gallic reports. Activity lasted uMore Markets Exploit Drains $9.3M in WFLOW Using Ankr Staking and E-modeBlockaid reports a $9.3M exploit on More Markets. The attacker used Ankr liquid staking tokens and E-mode to overborrow and drain WFLOW from the lendiTectonic Hacked for $66M After TONIC Price Manipulation on CronosDeFi protocol Tectonic on Cronos was exploited for around $66M after attackers pumped TONIC's price and used it as collateral for loans, says researchCronos Halts Blockchain After $75M Tectonic ExploitCronos paused its network following a $75M exploit on Tectonic. Crypto.com CEO Kris Marszalek says the app and exchange are running normally without dCronos Network Halted After Tectonic DeFi Hack: $6M Drained, $60M FrozenCronos blockchain paused after Tectonic DeFi protocol exploit. Hacker moved ~$6M to Ethereum; $60M frozen. Crypto.com user funds safe, no exchange breAvici Exploit Hits 1,685 Users, Token Tanks 28%—Full Refund PromisedAvici confirms exploit draining funds from 1,685 user card balances. Team promises full refunds as AVICI token drops 28% following Solana contract vulBullish Backs USD.AI With $100M Stablecoin Liquidity for GPU-Backed LoansBullish is supplying USD.AI with $100M in stablecoin liquidity to power loans collateralized by GPUs and AI infrastructure—bridging crypto and AI lendEthena Proposes 100% Revenue Buyback for ENA Governance TokenEthena Foundation is voting on a plan to use nearly all net revenue for a programmatic ENA buyback and announces major protocol updates.Moonwell on Base Exploited: ~$8.7M in DAI StolenDeFi protocol Moonwell on Base has been hacked, with PeckShield reporting a ~$8.7M DAI loss. Stolen funds sit at 0xD71d…C384. Details still emerging.World Liberty Financial Rolls Out USD1 Stablecoin Natively on Canton NetworkWorld Liberty Financial has launched its native USD1 stablecoin on Canton Network. USD1 now ranks sixth among stablecoins, with a market cap over $4B.Arcus Rolls Out Tokenized Perp Positions on Robinhood ChainArcus launches portable ERC-20 perp positions and tokenized stocks for margin trading on Robinhood Chain, unlocking new DeFi strategies and liquidity.Kinetiq Rolls Out Elysium L2 for Hyperliquid: DeFi Just Got EasierKinetiq unveils Elysium, a new L2 network for Hyperliquid. Elysium boosts HyperEVM throughput and simplifies launching DeFi apps. Gas paid in HYPE.DeFi Derivatives Platforms: How They Work and Why They MatterA deep dive into DeFi derivatives: what perpetual contracts are, how on-chain solutions differ from exchanges, and why this sector will stand out by 2Coinbase Rolls Out Tokenized Stocks on Base with Chainlink OraclesCoinbase launches B20 tokenized stocks on Base, powered by Chainlink price oracles. Trade Apple and Nvidia shares 24/7 on-chain and access new DeFi opTerm Finance Hacked: $8.5M Drained in Major DeFi ExploitTerm Finance just got hit by a hacker who drained $8.5M from its vaults. Here’s what went down, the latest on the incident, and what users need to kno