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The Defiant – DeFi News

Information platform at the intersection of tech and finance.

Citigroup Explores Launching ‘Citi Stablecoin’ Amid Rising Crypto Interest
The bank joins other major financial institutions embracing stablecoins and crypto services as regulations ease and market demand grows....

Trump-Linked WLFI Adds $5 Million in Ether, Lifted Holdings to 66,000+ Coins
World Liberty Financial, an investment vehicle linked to U.S. President Donald Trump, purchased 1,531 Ether for roughly $5 million on Wednesday, per on-chain data...

Kinetiq Liquid Staking Rakes In $460 Million on Opening Day
The protocol became the second-largest on HyperEVM in less than 24 hours....

ZachXBT Slams Hacked CEX BigONE, Says Firm Failed to Stop Months of Scam Activity
A $27 million hack may not be BigONE’s biggest problem as ZachXBT accuses the exchange of ignoring scam activity for months....

Brazilian Crypto Users Want to Pay with Stablecoins, Survey Shows
Most Brazilian crypto users still struggle to use stablecoins for everyday payments, a new survey from Oobit reveals....

Citigroup Explores Issuing Stablecoin, Plans $4 Billion Buyback
Citigroup is evaluating the issuance of its own dollar-backed stablecoin, Chief Executive Officer Jane Fraser told analysts on the bank’s second-quarter 2025 earnings call...

Thiel’s Founders Fund Takes 9.1% Stake in Ethereum Treasury Firm BitMine
Peter Thiel’s Founders Fund disclosed a 9.1% passive stake in BitMine Immersion Technologies, according to a Schedule 13G filed with the U.S. Securities and Exchange Commission on 15 July....

PayPal Plans to Add Ethereum Layer 2 Arbitrum Support for PYUSD Stablecoin
PayPal has added the Arbitrum network to the list of blockchains supporting its U.S.-dollar-backed stablecoin, PayPal USD (PYUSD) in its updated terms and conditions....

Chinese Brokerage Giant Warns Tether ‘Will Inevitably Be Eroded’ by Compliant Stablecoins
New stablecoin rules in the EU and U.S. are making it harder for Tether to stay competitive in mainstream finance, according to a report by a major Chinese financial firm....

Cross-Chain Crypto Crime Hits $21.8 Billion as Scams, Sanctions Evasion Surge: Elliptic
North Korea accounted for 12% of illicit activity in 2025, according to the blockchain analytics firm....