Trump Signs Resolution to Repeal Controversial IRS DeFi Rule
On April 10, 2025, President Donald Trump signed a landmark resolution overturning a contentious IRS rule targeting Decentralized Finance (DeFi)…
Category: DeFi
SEC Crypto Task Force Explores Tokenized Securities with Nasdaq and DeFi Startups
The U.S. Securities and Exchange Commission (SEC) Crypto Task Force has taken a significant step toward understanding the potential of…
SUI Boosts DeFi Activity with Cross-Chain Bridging and $200K Rewards
The SUI network has gained significant momentum following its full integration with Backpack, a multifunctional decentralized finance (DeFi) platform. This…
Aave Hits $40B TVL, Becomes Largest DeFi Protocol Ever
Decentralized finance continues to break new ground as Aave, the leading DeFi lending platform, has surpassed $40B in total value…
DeFi Lending Protocols Add $2.3B in TVL, Driving Token Rally
Decentralized finance (DeFi) lending protocols witnessed a major resurgence over the past 24 hours, gaining $2.3 billion in total value…
Meteora and Kelsier Labs Hit with $69M M3M3 Token Manipulation Lawsuit
A class action lawsuit has been filed against Meteora, a Solana-based decentralized exchange (DEX), and Kelsier Labs, an investment firm,…
DeFi TVL Plummets as Market Faces Q1 Challenges
The DeFi sector faced a severe downturn in Q1 2025, with DeFi TVL (Total Value Locked) dropping by $48 billion,…
LayerZero Raises $55M from a16z to Boost Cross-Chain Tech
In a significant boost for the blockchain interoperability sector, LayerZero, a leading cross-chain protocol, has raised $55 million from Andreessen…
KiloEx Suffers $7 Million Hack, Token Price Plummets 32%
On April 14, 2025, KiloEx, a decentralized perpetual futures trading platform, was hit by a devastating hack that drained approximately…
D5wav Backs RabitiAI: A Bold Move in AI Presale
Introduction In a market flooded with AI and Web3 buzzwords, very few projects manage to rise above the noise. One…
Velora: ParaSwap’s New Cross-Chain DeFi Protocol
On April 3, 2025, ParaSwap, a leading decentralized exchange (DEX) aggregator, officially rebranded as Velora, unveiling a groundbreaking cross-chain DeFi…
X2Y2 Shuts Down NFT Marketplace After Three Years, Pivots to AI and DeFi
After three years of operation, X2Y2, a once-prominent NFT marketplace, will officially cease operations on April 30, 2025, marking the…