Search results for "DEFI"

Jupiter has suspended DAO voting until 2026 to focus on Decentralized Finance rise.

According to the Gate News bot, as reported by Cointelegraph, Kash Dhanda, the COO of Jupiter, a leading DEX in the Solana ecosystem, announced that the protocol will suspend governance voting. Dhanda emphasized the necessity of "focusing on rise" and stated that Jupiter is suspending the Decentralized Autonomous Organization (DAO) framework, as he believes the framework "has not been functioning as expected."
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Blockdaemon launches DeFi and stake services Earn Stack for institutions.

Gate News bot message, institutional-grade blockchain infrastructure provider Blockdaemon announced the launch of its Decentralized Finance (DeFi) and stake service Earn Stack.
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Blockdaemon launches non-custodial staking and Decentralized Finance for institutions.

According to ChainCatcher news and Cointelegraph reports, leading crypto infrastructure provider Blockdaemon has launched a non-custodial yield service called Earn Stack for institutional clients, supporting DeFi yields and PoS staking for over 50 protocols. This service complies with SEC guidelines and has ISO 27001 and SOC 2 verification, supports no-code integration and multiple APIs, and provides slashing protection, liquidity aggregation, and cross-chain.
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Blockdaemon launches institutional non-custodial staking and Decentralized Finance

According to ChainCatcher news reported by Cointelegraph, Blockdaemon, a leading provider of encryption infrastructure, has launched a non-custodial yield service called Earn Stack for institutional clients, supporting DeFi yields and PoS stake across over 50 protocols. The service complies with SEC guidelines, has ISO 27001 and SOC 2 verification, supports no-code integration and multiple APIs, and offers slashing protection, liquidity aggregation, and cross-chain Staking features.  
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Blockdaemon launches DeFi and stake services Earn Stack for institutions.

Blockdaemon launches the Earn Stack service for Decentralized Finance and Staking, offering staking opportunities for over 50 protocols, emphasizing security and the needs of institutional clients, and has obtained ISO 27001 verification, simplifying the entry into DeFi, supporting multi-chain staking and Liquidity aggregation.
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Blockdaemon launches DeFi and stake services Earn Stack for institutions

Blockdaemon launched the Decentralized Finance and Staking service Earn Stack, offering staking opportunities for over 50 protocols, emphasizing security and institutional client needs, has obtained ISO 27001 verification, simplifies the entry into Decentralized Finance, and supports multi-chain staking and Liquidity aggregation.
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The number of INFINIT users has surpassed 160,000, and the platform has completed over 100,000 DeFi transactions in total.

BlockBeats News, June 13, INFINIT is an AI-powered all-in-one DeFi application that allows users to discover, evaluate, and execute strategies such as lending, staking, and cross-chain on multiple mainstream L1 and L2 blockchains through natural language operations. The platform has integrated multiple EVM-compatible chains, including Solana, to achieve seamless cross-chain interaction without the need to switch multiple interfaces. In just six months after its launch, INFINIT has more than 160,000 users, performed more than 100,000 on-chain operations, and has deployed 21 DeFi Agents. Users can also collect badges by participating in the interaction to share a total of 4 billion INFINIT Stones reward pool, which can be exchanged for IN tokens in the future.
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Cardano founder proposes to restructure $100 million ADA reserve for enhancing Decentralized Finance ecosystem.

Gate News bot message, according to CoinDesk, Cardano founder Charles Hoskinson proposed a reserve reorganization plan. He suggested converting $100 million in ADA reserves into Bitcoin and Cardano's native stablecoins USDM and USDA, aiming to strengthen the Decentralized Finance and stablecoin ecosystem. Hoskinson pointed out that this conversion operation will not cause drastic fluctuations in market prices. He also mentioned that currently only 10% of the TVL in stablecoin issuance "is strangling Cardano." Data shows that the total TVL on the Cardano chain is $356 million, with the stablecoin portion accounting for only $31 million. Source: CoinDesk
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The crypto market suffered a double whammy, with Ethereum falling by 9% and DeFi Development Corp announcing a $50 billion purchase of SOL

According to Gate News bot, a report by QCP Capital shows that due to Israel's airstrike on Iranian nuclear facilities, Bitcoin and Ethereum prices fell by approximately 3% and 9%, respectively, leading to an increase in short-term demand for put options. Meanwhile, Cloudflare and Google Cloud experienced a large-scale outage, and the US tech sector declined, resulting in over $1 billion in long positions liquidation in the crypto assets market. During the market fluctuation, DeFi Development Corp announced plans to set up a $5 billion allocation for purchasing SOL. Source: wublock123
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The EU plans to advance DeFi regulation in 2026, while the current MiCA framework has issues with ambiguous definitions.

According to Cointelegraph, the European Union plans to advance decentralized finance (DeFi) regulation in 2026, but the currently implemented Markets in Crypto Assets Regulation (MiCA) has not yet clearly defined the concept of decentralization. Vyara Savova, a policy expert at the European Crypto Initiative, noted on June 4 that the space remains in a zone of regulatory ambiguity as MiCA does not theoretically cover DeFi protocols. The MiCA framework will come into effect at the end of 2024, aiming to strengthen investor protection and regulation of stablecoins. However, its requirement for DeFi platforms to have licensing and KYC regulations at the level of traditional financial institutions has sparked controversy. Notably, Article 22 of the regulation specifically states that fully decentralized service providers are not subject to regulatory constraints. Co-founder of the EU encryption initiative organization
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Sentora: This week, Ethereum Gas Fees have risen, indicating an increase in Decentralized Finance activities.

BlockBeats News, on June 6, Sentora (formerly IntoTheBlock) posted that Ethereum network fees rose 12.2% this week to $11.05 million, indicating an increase in DeFi activity.
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Insiders: The SEC will hold a DeFi roundtable meeting next Monday, and on Tuesday the House will hold a hearing on the crypto market structure bill.

BlockBeats news, on June 6, crypto journalist Eleanor Terrett posted on social media that next week will be a key week for crypto policy. On Monday, there will be a DeFi roundtable hosted by the SEC, and on Tuesday, the House will hold a nomination hearing on the crypto market structure bill (CLARITY Act).
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The DeFi lending protocol TVL exceeded $55.69 billion, a record high

PANews reported on June 19 that, according to The Block, the total lock-up volume (TVL) of DeFi lending protocols exceeded $55.69 billion, a record high, surpassing the peaks in 2021, 2022 and 2024. Among them, the Aave v3 protocol TVL increased to $26.09 billion, an increase of 55% from the beginning of April, the average daily protocol revenue increased from $900,000 to $1.6 million, the AAVE token rose by 65% in the past three months, and Bitcoin rose by 26% in the same period. Morpho Blue's TVL was $3.9 billion, up 38% for the year. Maple
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The DeFi aggregator 1inch has integrated the Sonic chain.

PANews June 19 news, according to the Sonic Labs announcement, the DeFi aggregator 1inch has officially integrated the Sonic chain. Users can now directly access the Sonic network through the 1inch Wallet, utilizing its Pathfinder smart routing Algorithm to obtain optimal transaction rates, while enjoying the built-in MEV protection mechanism. This integration supports bridge-less cross-chain transactions between Sonic and other EVM chains.
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The founder of Dawn Wallet joins Tools for Humanity to introduce financial features for World.

Gate News bot message, Dawn Wallet founder Tom Waite and Isaac Rodriguez have now joined Tools for Humanity to help bring advanced financial capabilities to the World Network.
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Since January, the on-chain Holdings of "encryption native" asset management companies have increased by 4 times.

Gate News bot message, according to CoinTelegraph, a new report shows that since the beginning of this year, crypto asset managers have significantly increased their holdings in Blockchain, while institutions are increasingly using Decentralized Finance as the backend for their services.
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Data: The encryption zone has slightly pulled back, with only the AI and Decentralized Finance zones rising.

According to ChainCatcher news and SoSoValue data, influenced by factors such as the controlled risk of escalating tensions in the Middle East, the crypto market zone continues its pullback trend, but the decline has significantly narrowed. Among them, the AI and Decentralized Finance zones are relatively strong, rising by 1.15% and 0.37%, respectively. Within the AI zone, Bittensor (TAO), Worldcoin (WLD), and KAI have risen by 2.59%, 2.73%, and 3.25%, respectively. Within the Decentralized Finance zone, Uniswap (UNI), Jupiter (JUP), Ondo.
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The crypto market is experiencing a general fall, while the AI and Decentralized Finance zones are rising against the trend.

Against the backdrop of easing tensions in the Middle East, the crypto market continues to pull back but the decline has narrowed, with the AI and Decentralized Finance zones rising by 1.15% and 0.37%, respectively. BTC fell by 0.20% to $104,000, while ETH dropped by 0.34% to remain above $2,500, with most other zones declining.
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Decentralized Finance Development shares pump 16.3%, currently priced at 30.6 dollars.

Golden Finance reports that market data shows that the stock price of DeFi Development rose 16.3% to $30.6, possibly influenced by the news that DeFi Development Corp. has obtained a $5 billion equity quota to increase its holdings of SOL.
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Decentralized Finance Development announced a $5 billion equity financing limit and will continue to increase its holdings of SOL.

According to ChainCatcher news, the official announcement from the NASDAQ-listed company DeFi Development Corp. (NASDAQ: DFDV) states that it has secured a $5 billion equity financing limit. This will provide DFDV with the flexibility to raise funds at the most strategically significant moment, supporting the continuous increase of SOL and accelerating its "per share SOL" (SPS) growth.
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The SEC has rejected the $1 billion SOL investment sign up application from DeFi Development due to missing documents.

Gate News bot reported that the U.S. Securities and Exchange Commission (SEC) rejected DeFi Development Corp's $1 billion registration application. The company had planned to use the funds to invest in Solana. The decision to reject the application stemmed from issues of document compliance. In its Form S-3 registration, the company failed to provide the necessary internal control reporting. This report is a key requirement for any company looking to apply for financing and conduct securities offerings. As a result, the SEC found the company's application ineligible and ultimately withdrew its $1 billion registration application.
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The total lock-up position of DeFi lending has surpassed 55.8 billion USD, setting a new record, with Aave leading the market.

According to DeFiLlama data, the total value locked (TVL) in the DeFi lending space has reached a record high of $55.81 billion. Of all DeFi lending protocols, there are currently 10 protocols with TVLs above $1 billion. Among them, Aave ranked first with $26.299 billion in lock-up volume, accounting for 47.1% of the total market share. SparkLend followed with $3.661 billion in lock-ups. Source: Wu Says
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The Bitcoin DeFi project Elastos has launched a BTC-backed stablecoin BTCD.

According to ChainCatcher news and a report by CoinDesk, Bitcoin DeFi protocol BeL2 developer Elastos announced the launch of a BTC-backed stablecoin BTCD. Ahmed IJ, head of marketing at Elastos, said that BTCD is backed by Bitcoin, and the collateral amount is equivalent to 160%-200% of the value of BTCD. When the price of BTCD is higher than $1, holders will burn tokens to redeem BTC, resulting in a decrease in supply and a downward price decline; If it falls below $1, users deposit new BTC to mint BTCD and sell it, causing supply to increase and the price to recover.
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Bitcoin Decentralized Finance project Elastos launches BTC-backed stablecoin BTCD

BlockBeats news, on June 19, according to Coindesk, the Bitcoin DeFi protocol BeL2 developer Elastos announced the launch of the BTC-backed stablecoin BTCD. Elastos marketing director Ahmed IJ stated that BTCD is backed by Bitcoin, with a collateral amount equivalent to 160%-200% of the value of BTCD. When the price of BTCD exceeds 1 dollar, holders will burn tokens to redeem BTC, leading to a decrease in supply and a downward price trend; if it falls below 1 dollar, users will deposit new BTC to mint BTCD and sell, causing an increase in supply and a price rebound.
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Paxos establishes a new startup to help institutions offer Decentralized Finance products.

PANews reported on June 19 that, according to The Block, stablecoin issuer PaxosPaxos launched a new startup, Paxos Labs, which aims to help institutions integrate DeFi and on-chain products directly into their own applications and platforms. According to Bhau Kotecha, co-founder of Paxos Labs, the company has been incubated within Paxos for the past six months due to the company's growing demand for bridging the DeFi market and real-world asset opportunities. Paxos Labs is building easy-to-integrate APIs that allow customers to integrate products without having to dig deep into the complexities of DeFi. Its initial offerings include the issuance of custom-branded stablecoins, the deployment of tokenized yield strategies, and tools to manage structured digital assets, with the primary target customers being consumer fintech applications, exchanges, and blockchain networks. Paxos Labs will also collaborate with multi-asset issuers.
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Paxos establishes a new startup to help institutions offer Decentralized Finance products.

PANews, June 19, news from The Block reports that the stablecoin issuer Paxos has launched a new startup, Paxos Labs, aimed at helping institutions directly integrate DeFi and on-chain products into their own applications and platforms. Bhau Kotecha, co-founder of Paxos Labs, stated that due to the growing demand for connecting the DeFi market and real asset opportunities, the company was incubated internally at Paxos over the past six months. Paxos Labs is building easy-to-integrate APIs that allow clients to integrate related products without needing to deeply understand the complexities of DeFi. Its initial products include the issuance of custom-branded stablecoins, deployment of tokenization yield strategies, and tools for managing structured digital assets, with the primary target clients being consumer fintech applications, exchanges, and blockchain networks. Paxos Labs will also collaborate with multi-asset issuers.
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TAC raised 11.5 million USD, aiming to bring Decentralized Finance into the ecosystem of one billion Telegram users.

Gate News bot message, TAC has completed $11.5 million in seed and strategic round financing, with $5 million of the strategic round led by Hack VC. TAC is a blockchain built specifically for EVM dApps, designed to connect to the TON and Telegram ecosystem. The TAC Mainnet is set to launch soon and is currently being rolled out in phases. In the current DevMainnet phase, major DeFi protocols such as Curve, Morpho, and Euler have begun deployment, with over 20 major applications preparing for Mainnet integration. TAC enables Ethereum dApps to be seamlessly deployed on TON. The functionality and liquidity of EVM bring the TON ecosystem, allowing developers to focus on consumer use cases.
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INFINIT uses AI Agent to simplify Decentralized Finance, with over 240,000 dialogues and more than 230,000 transactions completed.

BlockBeats News: On June 18, according to official news, INFINIT, an AI-powered DeFi intelligence platform, announced that it has reached three important milestones: · 244,000+ user conversations· 233,000+ transactions· Issuing 346,000+ badges, INFINIT is making it easier than ever for both novice and experienced users to discover, execute, and participate in DeFi through natural language interaction and personalized AI Agents.
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How to Legally Stake Crypto Assets in 2025: What Actions Are Now Allowed After the SEC's Latest Measures?

Gate News bot message, on May 29, 2025, the U.S. Securities and Exchange Commission (SEC) released new guidelines on crypto asset staking, aimed at clarifying regulatory requirements. Before the release of these guidelines, investors and service providers were uncertain whether the staking rewards would be considered securities, which posed legal risks.
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DeFi Development temporarily withdrew its $1 billion securities issuance plan due to issues with the 10-K form.

PANews June 12 news, according to SEC documents, the listed company DeFi Development (formerly Janover) withdrew its $1 billion shelf issuance after failing to include management's report on internal controls in the 10-K form. Part of the funds was originally planned to purchase Solana. The company plans to reapply for the issuance in the future.
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DeFi Development withdrew the $1 billion securities issuance sign up statement

According to Wu, DeFi Development (formerly known as Janover) has filed an application with the U.S. Securities and Exchange Commission to withdraw its registration statement for its Form S-3 securities offering of up to $1 billion. The reason for the withdrawal was that the Company's Form 10-K did not contain management's report on internal controls and did not meet the conditions for using the form. The registration statement has not yet become effective, and no securities have been issued or sold. Previously, some of the raised funds were planned to be used to purchase Solana. DeFi Development stated that they will refile the relevant registration documents in the future.
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IOST supports the launch of stablecoin DUSD+: bridging RWA yields and Compliance DeFi

PANews June 11 news, official news, the next generation yield-generating stablecoin DUSD+ jointly issued by Darwin Labs and Paimon Finance has been launched on IOST. DUSD+ is anchored in institutional-grade private credit exposure through the Blackstone Private Credit Fund (BCRED), powered by the RAISE engine (Real Asset Intelligent Stablecoin Engine) from Darwin Labs AI, facilitated through Paimon.
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Crypto Assets Regulation Tightens: The Impact and Analysis of Various Countries Implementing Coin Bans

Introduction A global cryptocurrency storm is sweeping across, with governments around the world imposing increasingly stringent regulations on cryptocurrencies, constraining the development space of digital assets like a tightening spell. Virtual currencies such as Bitcoin are facing unprecedented challenges, and the wave of exchange closures is forcing investors into a predicament. However, the innovative potential of blockchain technology still exists, and this storm may reshape the cryptocurrency ecosystem, leading the industry towards a more regulated future. Global Ban on Cryptocurrency: The Tightening Grip of Governments In recent years, the global cryptocurrency market has faced unprecedented challenges, with governments around the world tightening regulatory policies on virtual currencies. The ban on cryptocurrencies has acted like a tightening curse, firmly constraining the development space of digital assets. This wave of bans has swept across the globe, having a profound impact on the cryptocurrency industry. Bitcoin Becomes a Prisoner: The Wave of Exchange Closures and the Predicament of Investors Under the influence of the ban on currencies policy, many well-known cryptocurrency exchanges have been forced to shut down or withdraw.
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The encryption accomplice company Copper has added support for sBTC, enhancing access to the Bitcoin Decentralized Finance ecosystem.

Gate News bot News, Copper, a company focused on digital asset custody and collateral management, announced the expansion of support for Stacks (STX) and sBTC. sBTC is a Bitcoin-based asset that sits on Stacks Layer 2 and is pegged 1:1 to BTC, enabling Bitcoin holders to access smart contracts, DeFi, and other programmable financial use cases while maintaining a direct connection to Bitcoin's value, with the aim of bringing Bitcoin liquidity to DeFi applications, creating new opportunities for yield, lending, and cross-chain interoperability. The integration enables Copper's global customers to "securely store, transfer, and manage sBTC and their existing digital asset portfolios, further enhancing access to the Bitcoin DeFi ecosystem."
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The crypto market mostly rose, the Decentralized Finance zone has increased for two consecutive days, and ETH reached a high of over 2800 dollars.

Odaily Planet Daily News On June 11, according to SoSoValue data, most of the crypto market sectors rose, due to the continued fermentation of the chairman of the SEC yesterday's friendly statement on DeFi, the DeFi sector rose for two consecutive days, with a 24-hour increase of 4.94%, and in the sector, Chainlink (LINK), Aave (AAVE), and Uniswap (UNI) rose 4.18%, 6.45%, and 15.60% respectively. Notably, DEFI.ssi rose by 6.56%. In addition, Ethereum (ETH) rose 2.96% in 24 hours, breaking above $2800. Bitcoin (BTC) slightly corrected by 0.03%, but still maintained at 10.9.
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The DeFi lending platform Spark launches a 300 million SPK Airdrop, with a claiming window lasting 6 weeks.

Gate News bot message, Spark announced the launch of the first phase of the Ignition Airdrop on Tuesday. Users who lend or borrow tokens on Spark, or deposit tokens issued by its parent protocol Sky on other DeFi protocols, are eligible to share a token pool containing 300 million SPK, which was valued at approximately 18 million dollars at the time of publication (calculated at current prices). SPK holders will be able to participate in future Spark governance and stake to earn more rewards in future airdrops. Spark stated in an X post that staked SPK may also be used to secure the protocol in the future. Based on deposit amounts, Spark is currently the fourth largest DeFi protocol. The total supply of SPK is 10 billion, which will be distributed over the next 10 years.
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How to choose and participate in staking mining contracts

Staking mining contracts are leading a new trend in crypto assets investment, with an annualized return rate of up to 20%. Although high returns attract investors, they also come with high risks, so it's essential to carefully choose a reputable platform. Smart contracts enhance mining efficiency and security, and top platforms attract users with stable returns and flexibility. It is recommended to adopt a diversified Lock-up Position strategy to cope with market fluctuations.
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Bitcoin breaks through $107,000, triggering a DeFi rebound: PENDLE, AERO, UNI continue to surge.

Gate News bot news, FXStreet analyst Vishal Dixit stated that after Bitcoin (BTC) surged 1.14% the previous day, the price slightly broke through $107,000 as of Tuesday's press time. Decentralized Finance (DeFi) tokens such as Pendle (PENDLE), Aerodrome Finance (AERO), and Uniswap (UNI) led the market's slight rebound.
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Union has completed the trusted setup, paving the way for trustless cross-chain Decentralized Finance.

Gate News bot reported that Union has set a new record for zero-knowledge infrastructure, and its Groth16 trusted setup ceremony has ended, receiving a total of 4,664 verified contributions, surpassing the record set by Manta Network in 2023, with another 4,590 contributions still pending. This lays the cryptographic foundation for the use of concise validity proofs to verify consensus and cross-chain messages. Trusted setup ceremonies are essential for zero-knowledge proof systems. Union enables it to act as a "blockchain within a blockchain", providing verifiable messaging and asset transfer between the L2 layers of Ethereum, Cosmos, Arbitrum, Babylon, and even Bitcoin without relying on any centralized participants.
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SEC Chairman: Formal rules will be developed for on-chain protocols and exemptions will be provided as much as possible

At the agency's fifth cryptocurrency roundtable on June 9, SEC (SEC) Chairman Paul Atkins urged the commission to develop regulations that rely on congressional mandates rather than the opinions of informal staff. He argues that forcing intermediaries incurs costs and limits on-chain functions such as staking. Atkins criticized previous regulatory actions that flagged wallet developers as unregistered brokers, and said that software releases alone should not trigger securities obligations. He highlighted that many blockchain applications run without administrators, which puts them out of the framework written for issuer-centric markets. He asked staff to look at how registrants can interact with automated code execution while meeting disclosure and escrow requirements, and also supported amendments that would allow intermediaries to migrate settlement and clearing to the blockchain to reduce friction and improve liquidity. To expedite experimentation, Atkins instructed staff to design an "innovation exemption" for companies launching on-chain products.
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The founder of Cardano launched the Bitcoin DeFi protocol Cardinal on Cardano.

The founder of Cardano, Charles Hoskinson, has launched the first Bitcoin DeFi protocol Cardinal, utilizing MuSig2 technology to achieve cross-chain functionality, supporting Bitcoin users in lending and staking on the Cardano blockchain, and allowing the use of Ordinals inscriptions as collateral, compatible with multiple public chains.
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Ripple will provide funding to Japan's Web3 projects based on XRPL.

PANews, June 10th news, Ripple announced a partnership with Web3 Salon (supported by Japan's JETRO and the Asia Web3 Alliance) to jointly provide funding for Japanese XRPL startup projects. Each project can receive up to $200,000, with a focus on supporting areas including Decentralized Finance, RWA, and payment scenarios.
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ConsenSys Founder: Wall Street's ETH Financial Strategy Will Accelerate DeFi Adoption

Gate News bot reports that Joseph Lubin, co-founder of Ethereum and founder of ConsenSys, stated that the Bitcoin and ETH reserves of large Wall Street firms will play a key role in accelerating the transition from traditional finance (TradFi) to decentralized finance (DeFi). Stretagy and Metaplanet are leading the construction of Bitcoin treasuries, while Sharplink Gaming is creating ETH treasuries. Lubin noted that these strategies represent "the first large-scale entry of TradFi into DeFi," marking a significant shift in the global financial landscape.
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Former TON Foundation executives launched the TON-based Decentralized Finance protocol Affluent.

Former TON Foundation executives Justin Hyun and trader Hyung Lee jointly launched the Affluent DeFi protocol based on the TON Blockchain, aiming to provide convenient encryption asset management services through Telegram, supporting multiple asset types, and planning to introduce a points system as an important reference for future Airdrops.
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Sky and Ethena founders discuss the maturity of Decentralized Finance, AI agents, and the competition for customer acquisition.

Gate News bot, Sky (formerly MakerDAO) founder Rune Christensen and Ethena founder Guy Young recently joined The Big Brain Podcast to explore topics such as how the DeFi ecosystem is maturing, why centralized trade-offs are no longer taboo, and how AI agents and protocol generalization are changing the future of finance. Rune argues that the era of DeFi's ideological frenzy is gone. DeFi, once driven by a lofty vision and decentralization supremacism, has now evolved into a solid, value-based industry, "In the past, you would raise a lot of money with high subscription rights and then cause the market to crash, now the key is: If you want to change the world of tomorrow, can you run a sustainable business today?" Real-world assets, once ridiculed, are now key to achieving this goal. Both founders agree that the future of DeFi will no longer be dominated by human users, but by AI agents. Rune envisions a shift to "hyper-rational, capital-focused" where intelligent agents will optimize across protocols at machine speed.
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Ethereum co-founder: To bring DeFi into the mainstream, we must first win over Wall Street and then connect with the user side.

Ethereum co-founder Joseph Lubin pointed out that ETH and BTC are the starting points for traditional finance to enter Decentralized Finance. If Wall Street follows investable assets, it will promote the standardization of DeFi, thereby facilitating the widespread application for ordinary users.
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Sonic integrates Bubblemaps V2 to achieve Decentralized Finance transparency

Gate News bot message, Sonic Labs announced the integration of Bubblemaps V2 into its platform, marking a significant advancement in on-chain intelligence and transparency within the Decentralized Finance (DeFi) ecosystem. Given the rising demand for convenient and reliable blockchain analysis, this move aims to help users better understand wallet trends, token movements, and trading patterns.
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Ripple and Web3 Salon Launch Funding Program: Aiming to Provide $200,000 Support for Each Selected Project

According to a report by Golden Finance, Ripple announced the launch of a funding program in collaboration with Web3 Salon, intending to provide $200,000 in support for each selected project. Web3 Salon is initiated by the Japan External Trade Organization (JETRO) and the Asia Web3 Alliance Japan. The funding will mainly cover areas such as Decentralized Finance, RWA, and digital payments, with Ripple directly managing the funding process.
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Trump's Financial Report: Holds Ether wallet assets worth between $1 million and $5 million, DT Marks Defi LLC owns 75% of WLFI company ownership shares.

Trump's financial report shows that he holds assets worth between $1 million and $5 million in an Ethereum Cold Wallet, and owns 15.75 billion WLFI Tokens and the sole member rights of the company. Additionally, his DT Marks Defi LLC company holds 75% ownership of WLFI. WLFI raised over $57 million through token sales.
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DeFi protocol ALEX was attacked, resulting in a loss of 8.37 million USD, and has promised full compensation.

Gate News bot news, the DeFi protocol ALEX has encountered an attack event due to a vulnerability in the coin listing verification logic. In this attack, the ALEX protocol lost approximately $8.37 million in assets, including 8.4 million STX, 21.85 sBTC, 2.8 WBTC, and about $150,000 in stablecoin. The ALEX Lab Foundation has responded to this incident, announcing that it will fully compensate affected users in USDC. The compensation amount will be calculated based on the average on-chain price on the evening of June 6, and payment will be completed within 7 working days after confirming the relevant information. Source: Wu Says
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