Wednesday, June 4, 2025

Decentralised Finance

DecentralisedFinance

Dive into the world of decentralised finance (DeFi) with the latest updates and insights on this rapidly evolving sector. Our DeFi news covers everything from new protocols and platforms to market trends and innovations driving the future of finance. Stay informed on how DeFi is transforming traditional financial systems, enabling peer-to-peer lending, yield farming, and decentralised exchanges. Learn about the challenges and opportunities within the space, including security practices, scalability issues, and regulatory developments. Whether you're a seasoned investor or new to DeFi, our coverage will keep you up-to-date on all things DeFi

DeFi News

GENIUS Act Passes the US Senate in 66–32 Cloture Vote

The GENIUS Act passes the US Senate’s cloture test 66-32 on 20 May, catapulting America toward its first purpose-built stable-coin statute. By splitting crypto dollars from securities law while hard-wiring dollar-backed reserves, the bill promises fresh Treasury demand, fresh political fault-lines and, perhaps, the dollar’s most radical redesign since Bretton Woods.

Twenty One hurls a $3.6 billion gauntlet at MicroStrategy’s bitcoin empire

As Twenty One storms onto the scene with a $3.6 billion Bitcoin arsenal, the long-standing supremacy of MicroStrategy faces its first true corporate challenger. Behind the clash lies a deeper shift: sovereign wealth, Wall Street power, and offshore liquidity converging to reshape the future of money.

DeFi Bridges

Lazarus Group’s Sneaky Tactics: Attempts to Steal from Euler Finance Hackers

On March 15th, 2023, Euler Finance, a decentralised finance (DeFi) protocol built on the Ethereum network, suffered a flash loan attack resulting in the loss of $199 million worth of digital assets. However, on March 21st, 2023, new developments emerged as North Korea's Lazarus Group, the same group responsible for the $540 million Ronin Bridge attack last year, attempted to steal from the Euler Finance hacker responsible for the recent attack.

A partnership between Metropolis World and Flare Network will enable bridging between Metaverses

Using Flare's blockchain technology, users will be able to seamlessly move between different metaverse ecosystems and blockchains, such as Decentraland and Sandbox, a key aspect of Metropolis' metaverse vision.

Stablecoin News

GENIUS Act Passes the US Senate in 66–32 Cloture Vote

The GENIUS Act passes the US Senate’s cloture test 66-32 on 20 May, catapulting America toward its first purpose-built stable-coin statute. By splitting crypto dollars from securities law while hard-wiring dollar-backed reserves, the bill promises fresh Treasury demand, fresh political fault-lines and, perhaps, the dollar’s most radical redesign since Bretton Woods.

Twenty One hurls a $3.6 billion gauntlet at MicroStrategy’s bitcoin empire

As Twenty One storms onto the scene with a $3.6 billion Bitcoin arsenal, the long-standing supremacy of MicroStrategy faces its first true corporate challenger. Behind the clash lies a deeper shift: sovereign wealth, Wall Street power, and offshore liquidity converging to reshape the future of money.