Borrowing activity in crypto markets accelerated sharply in the second quarter of 2025, according to new figures from Galaxy Research.
The study found that loans backed by digital assets across DeFi protocols climbed to a record $26.47 billion, up 42.1% from the previous quarter.
That surge lifted the overall balance of crypto-collateralized loans, including both DeFi and centralized finance (...
The Solana blockchain recorded a steep revenue decline in the second quarter of 2025, even as its decentralized finance ecosystem expanded.
A recent report from Messari shows that while total value locked (TVL) on the network increased, application revenue, referred to as Solana’s “Chain GDP,” fell sharply during the reporting period.
According to the report, Solana’s total application revenue...
Binance restored futures trading on Aug. 29 following a suspension tied to an issue in its USD-margined contracts.
Per Reuters, the exchange first said all of its $90 billion futures trading was “temporarily unavailable,” then about 24 minutes later said the problem affecting Futures UM, the stack that settles contracts in USDT or USDC, had been resolved and that all futures trading was fully...
Argentina’s opposition parties have revived a stalled investigation into President Javier Milei’s role in the LIBRA scandal, seizing on new corruption allegations that have rattled the government just weeks before October’s elections.
The commission, first created in April but largely paralyzed by bureaucratic and congressional hurdles, was reactivated on Aug. 28 after leaked recordings...
The 10 highest-grossing crypto protocols generated $1.2 billion in revenue during the 30 days ending Aug. 28, representing a 9.3% increase from the previous month’s total of $1.1 billion per DefiLlama data.
Ethena led the percentage gains with a 243% revenue surge, jumping from $9.46 million to $32.48 million, as its synthetic dollar USDe captured market share from traditional stablecoins.
The...
A publicly listed real estate firm has become the first corporate treasury vehicle to hold Chainlink (LINK) as a reserve asset, signaling the growing push by companies to adopt alternative digital assets beyond Bitcoin (BTC) and Ethereum (ETH).
CaliberCos, a Phoenix-based asset manager whose stock has fallen more than 98% since its 2023 Nasdaq debut, announced that its board approved a strategy...
The Solana Policy Institute (SPI) has pledged $500,000 to the legal defense of Tornado Cash developers Roman Storm and Alexey Pertsev, according to an Aug. 28 statement.
Storm and Pertsev helped create Tornado Cash, an Ethereum-based privacy protocol that allows crypto transactions to be mixed and anonymized. After deployment, the developers relinquished control of the smart contracts, leaving...
US tokenized treasury products reached a new all-time high of $7.45 billion on Aug. 27, surpassing the previous peak of $7.42 billion registered on July 15.
According to rwa.xyz data, the milestone caps a 14% recovery over two weeks following a market correction that bottomed out at $6.51 billion on Aug. 13. The tokenized treasury sector experienced a 12% decline from its mid-July peak.
BlackRock...
Treasury Secretary Scott Bessent’s endorsement of dollar-pegged stablecoins creates a pathway for up to $34 trillion to flow into decentralized finance protocols such as Ethena, Ether.fi, and Hyperliquid.
Arthur Hayes reported in his Aug. 27 blog post that Bessent aims to redirect capital from the $13 trillion Eurodollar system and $21 trillion in Global South retail deposits into stablecoin...
The Commodity Futures Trading Commission’s (CFTC) Division of Market Oversight issued an advisory on Aug. 28 clarifying foreign board of trade (FBOT) registration rules for non-US exchanges seeking to provide Americans with direct market access.
Acting Chair Caroline Pham positioned the guidance as a remedy for trading activity that departed during previous enforcement actions.
The advisory...