The Defiant – DeFi News

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The Defiant – DeFi News

Information platform at the intersection of tech and finance.

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Launch Coin Falls Over 30% as Developers Abandon Current Token Model
The team behind LAUNCHCOIN announced it is switching to a new token design and ticker, implying that the current asset is outdated....

Stablecoins Power $670 Billion in Onchain Loans: Visa
With new U.S. stablecoin rules in place, Visa says banks are starting to explore blockchain-based lending markets....

Lighter Distributes Points to Users Affected by Platform Outage
Perpetual derivatives DEXs across DeFi were overwhelmed by intense volatility on Friday, leading to multiple platform outages....

Hyperliquid-based Ventuals Attracts $38 Million Within 30 Minute
The liquid staking vault reached its 500,000 HYPE initial deposit threshold in minutes....

Sony Enters US Crypto Banking Race Amid Growing Institutional Interest
Sony Bank files for a national trust charter to issue stablecoins, as Anchorage Digital expands its banking services....

Coinbase Says It Plans to List BNB amid Binance Listing Fee Saga
Binance is facing a social media firestorm after one founder’s post ignited a debate about listing fees on CEXs....

Crypto Markets Slip For Third Day Amid Geopolitical Tensions and Fed Uncertainty
Bitcoin slides below $109,000 as investors react to trade frictions, developments in Venezuela, and expectations of an upcoming Fed rate cut....

Solana Could Hit $6,000 as Tokenized Finance Booms: RockawayX
The investment firm projects SOL could reach $900 soon and $2,000 in the medium term as tokenization grows....

Alibaba Subsidiary Drives Attention to its Ethereum Layer 2 Blockchain
Jovay Network has flown under the radar until it mentioned Ethereum in a social media post today....

Paxos Mints and Burns $300 Trillion PYUSD on Ethereum
The accidental move briefly made PayPal’s PYUSD the largest stablecoin in the world before Paxos burned the newly minted supply....