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The Defiant – DeFi News

Information platform at the intersection of tech and finance.

VERT Debuts Brazil’s First On-Chain Platform for Private Credit on XRP Ledger
Brazilian securitization firm VERT is using the XRP Ledger to tokenize private credit, beginning with a $130 million agribusiness receivables certificate....

Kyrgyzstan Is Moscow’s Crypto Backdoor to Dodge Sanctions, TRM Labs Warns
More than 90% of illicit crypto flowing into Kyrgyz exchanges is tied to sanctions evasion, with analysts citing growing links to Russian paramilitary and darknet actors....

KYC Comes for Crypto Cards as SolCard Shuts Door on Anonymous Visa Use
Some unverified SolCard users lost access to their virtual debit cards, but a company representative says a no-KYC option will be reinstated....

PUMP Plummets While BONK Rallies on New Buyback Mechanism
The token launchpad wars are coming to a head, with PumpFun and Launchcoin on Believe plunging as LetsBonk implements a new buyback mechanism....

MicroStrategy, Led by Michael Saylor, Quadruples Stock Raise to $2 Billion to Buy More Bitcoin Holding 607,770 BTC
MicroStrategy has increased its preferred stock offering from $500 million to $2 billion to finance additional Bitcoin purchases...

Bitcoin Dips Under $116,000 As Galaxy Sends Coins Worth $1.5 Billion to Exchanges
The total crypto market capitalization has decreased by nearly 5% over the past 24 hours....

Solana Developers Move to Lift Block Capacity 66% Amid Surging Demand
Solana core developers have lifted the blockchain’s block limit to 60 million compute units, a 20% increase designed to accommodate higher transaction volumes and lower fees as usage rises...

GameSquare Spends $5.1 Million on CryptoPunk for NFT Treasury
The firm bought the coveted Punk from Robert Leshner in exchange for preferred stock, while also expanding its ETH treasury....

Bittensor Subnet Market Cap Nears $1B as TAO Treasury Companies Expand
As yet another TAO treasury firm launches, Bittensor's subnet ecosystem is growing...