Societe Generale’s digital asset unit, SG-FORGE, has taken its euro- and dollar-denominated stablecoins deeper into decentralized finance (DeFi), deploying them on Ethereum-based protocols Morpho and Uniswap. Key Takeaways: SG-FORGE has launched its euro and greenback stablecoins on Ethereum via Morpho and Uniswap. Users can now borrow, lend, and commerce EURCV and USDCV towards main crypto…
Aster, the decentralized perpetuals alternate with backing from Binance founder Changpeng Zhao, generated extra income than Tether within the final 24 hours. According to DeFiLlama data, Aster ranked as the very best revenue-generating protocol previously 24 hours, surpassing Tether and Circle, the 2 main stablecoin issuers. Over the final week, the alternate recorded roughly $93.5…
Decentralized finance (DeFi) protocol HyperVault is suspected to have executed a “rug pull,” as on-chain analytics account PeckShield famous an irregular outflow of funds from the protocol, value near $3.6 million. DeFi Protocol HyperVault Pulls The Rug According to an X post by on-chain analytics account PeckShield, Hyperliquid-based DeFi protocol HyperVault seems to have pulled…
Plasma’s XPL token posted a 113% restoration to $1.54 inside hours of crashing from $0.93 to $0.7218 following its Sept. 25 mainnet launch. The preliminary crash doubtless resulted from promoting stress as customers who obtained community airdrops liquidated their positions. Overcoming promote stress According to reports on X, customers obtained a minimal of 9,304 XPL…
According to sector analysis, perpetual DEXs processed greater than $2.6 trillion in trades throughout 2025. These venues are step by step displacing centralized exchanges by providing custody-free leverage and sooner execution. Yet, their rise additionally raises questions about transparency, token stability, and the long-term which means of decentralization. As a outcome, the sector could evolve…
XRP holders looking forward to yield alternatives have rapidly embraced mXRP, the primary liquid staking token native to the token’s ecosystem. On Sept. 25, blockchain infrastructure supplier Axelar revealed that the product’s preliminary vault of 6.5 million tokens crammed inside two days of launch, forcing it to boost the cap to 10 million. Notably, the…
Franklin Templeton introduced it will broaden its Benji Technology Platform to BNB Chain, signaling a stronger push into on-chain finance. The transfer hyperlinks one of many world’s largest asset managers with a blockchain identified for low charges, quick settlement, and a rising base of retail and institutional customers. Institutional Push Deepens Tokenization Race The Benji…
World Liberty Financial (WLFI), a undertaking tied to US President Donald Trump, is accelerating its worldwide technique with new alliances and product launches aimed toward mainstream adoption. Bithumb partnership On Sept. 23, South Korean crypto alternate Bithumb revealed it had signed a Memorandum of Understanding with WLFI to increase alternatives in decentralized finance. The settlement…
Tokens from rising perpetual buying and selling decentralized exchanges posted substantial positive aspects over the previous week whereas established platforms declined, suggesting capital rotation throughout the derivatives buying and selling sector. Avantis and Aster led newcomer efficiency as whole worth locked (TVL) in DeFi migrated towards newer protocols regardless of sector-wide retracement. Avantis’ native token…
Coinbase chief authorized officer Paul Grewal and Base founder Jesse Pollak argued that Layer-2 (L2) sequencers represent infrastructure reasonably than exchanges. Their statements contradict the present regulatory stance, contemplating SEC Commissioner Hester Peirce has beforehand warned that centralized matching engines may face exchange registration requirements. Grewal compared Base’s sequencer to Amazon Web Services in a…