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The Defiant – DeFi News

Information platform at the intersection of tech and finance.

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Paradigm Leads $50 Million Series A for Stablecoin Issuer Agora
Stablecoin developer Agora has raised $50 million in a Series A round led by venture capital firm Paradigm, with additional funding from Dragonfly, according to statements on 10 July...

Bitcoin Hits New All-Time High Above $113K
BTC gains almost 4% on the day amid $218M in ETF inflows...

DWF Labs’ USDf Stablecoin Briefly Depegs amid Doubts over Collateral and Yield
Less than 60 days after launch, DWF Labs’ stablecoin stumbled below $1 as users pulled liquidity and doubts mounted over its reserves....

EUL Hits New All-Time High Led by Protocol Growth
Euler Finance’s TVL and EUL’s market capitalization have been surging, alongside EulerSwap volumes....

BIT Mining Seeks Up to $300 Million for Pivot to Solana
BIT Mining Ltd., the Nasdaq-listed cryptocurrency mining company better known for its bitcoin operations, said it is overhauling its business to focus on the Solana blockchain...

SEC’s Peirce Warns Tokenized Stocks Remain Subject to Federal Securities Law
US Securities and Exchange Commission Commissioner Hester Peirce said on 9 July that blockchain-based versions of stocks, bonds or other assets remain subject to existing federal securities laws...

Bukele Says El Salvador’s Bitcoin Reserve Sits on $400 Million Gain
President Nayib Bukele said El Salvador’s sovereign Bitcoin reserve is now worth about $691 million, giving the country an unrealized gain of nearly $400 million...

Polymarket Controversy Heats Up After the Zelenskyy Suit Market Resolves
Some users are going as far as to call it “the biggest scam in Polymarket history”, while UMA goes on record to say there is “no evidence” of foulplay....

Inside Kadena’s $50M Leap: Grant Program, Next-Gen Scalability & Insights from CEO Stuart Popejoy
Explore the unfolding landscape of crypto and blockchain innovation in our in-depth interview with Stuart Popejoy, CEO of Kadena and former head of JP Morgan’s Center for Blockchain Excellence. Guid...

President Trump’s Truth Social Files for ‘Crypto Blue Chip ETF’
The fund would hold top crypto assets, as well as CRO, a nod to ETF partner Crypto.com....