DeFi News

Ripple's CEO wants RLUSD use cases on the XRP Ledger, yet DefiLlama data shows about two-thirds of the stablecoin's supply sits on Ethereum. The post Ripple’s $2.6 Billion Stablecoin is Growing on Ethereum, Not XRP appeared first on BeInCrypto.

SEC staff say open governance token votes aren't central control. Here is why, and which projects still fail the test. The post SEC Just Made Regulation Easier For Governance Tokens Like Uniswap appeared first on BeInCrypto.

Uniswap (UNI) has lost 25.75% of its value over the past month, sliding to $6.93. On-chain data, however, shows new users arriving at the fastest pace since November 2022. Santiment counted 2,295 new UNI wallets in a single day. The firm said that influx could firm up a price base, provided wallet creation stays elevated.…

A hacker drained $86,000 from UNCX's shared vesting pool on Ethereum, pulling out tokens other projects had locked away. The post Hacker Pulls $86,000 in Locked Tokens From a Shared Crypto Vault appeared first on BeInCrypto.

A jury convicted the hacker who stole $53 million in crypto and spent it on Pokémon cards. He faces up to 30 years. The post Crypto Hacker Who Spent Stolen Millions on Pokémon Cards Found Guilty in New York appeared first on BeInCrypto.

S&P Global Ratings launches a framework to grade crypto lending vaults, now holding $10 billion. See how its six-factor risk score works. The post S&P Global Brings TradFi Risk Grades to $10 Billion Crypto Lending Vaults appeared first on BeInCrypto.

Kelp DAO has filed a lawsuit against cross-chain protocol LayerZero and co-founder Bryan Pellegrino following the massive $292 million rsETH bridge exploit that shook the decentralized finance ecosystem in April.