DeFi lost $13B this month as the KelpDAO rescue shows both the best and worst of DeFi
The official DeFi United site shows over 69,550 ETH raised from 222 wallets across 1,623 transfers, all aimed at restoring rsETH backing, acting as DeFi's emergency recapitalization desk. The effort is the closest thing the industry has built to a lender of last resort, assembled without a regulator, a central bank, or a mandate. Aave's […] The post DeFi los...
Coins in this story
Explore how Regulation is shaping crypto markets — aggregated stories, leading coins, and weekly momentum.
Explore narrativeRelated stories
AI scams in crypto approach breaking point – OpenAI’s new image model shows why they could get worse
OpenAI's latest image generation model is enabling more sophisticated AI-driven crypto scams, pushing fraud tactics to new extremes. Deepfake technology now creates convincing fake endorsements and fake exchanges, making it harder for retail investors to spot frauds. Indian crypto users face heightened risk as scammers leverage AI to impersonate influencers and create fake trading platforms with realistic interfaces. Regulators and platforms must accelerate detection measures.
Hong Kong targets 10,000 BTC in purchases for Asia’s first regulated Bitcoin capital pool
A Hong Kong-listed company wants to attract more than 10,000 BTC into a regulated asset management strategy, a target worth roughly $760 million at current prices. While the number itself is jaw-dropping, it's the strategy's structure that reveals the true scope of this plan. Hong Kong is trying to become a place where large pools […] The post Hong Kong targ...
DoorDash is turning stablecoins into its core labor infrastructure across 40+ countries
DoorDash is integrating stablecoins into its payment infrastructure across 40+ countries to streamline labor settlements and reduce friction costs. The move signals mainstream adoption of crypto for B2B operations, potentially lowering transaction fees for gig workers globally. This reflects growing institutional confidence in stablecoins for real-world infrastructure, though regulatory clarity remains crucial for Indian expansion.