DeFi

The Bitcoin DeFi network warned any funds left after the deadline will be swept and “be unrecoverable.”

The effort is framed around avoiding limits on decentralized stablecoin use on public blockchains.

The push lands as MiCA’s July 1 licensing cutoff nears and the Commission takes feedback through Aug. 31.

Galaxy cut its 2026 passage odds to 60% and warned the pre–August recess window effectively closes in late July.

SoSoValue data shows redemptions clustered early in June, with IBIT alone at about $1.34B of the week’s net outflows.

The package targets staking and mining rewards, de minimis network-fee relief, and stablecoin transaction rules.

The planned ABRX debut is paired with Solana-based tokenized yield products, including USDAF and a planned bitcoin yield product, BTCAF.

A filing expects about 800,000 HYPE to return to treasury for redeployment into “more profitable” strategies.

The top-up backs $259.05 million in DAI debt and lifts combined collateral to 412,430 WETH as ETH traded near $1,560.

Negative perp funding and $1.28B in long liquidations met a fresh Zcash infinite-mint bug headline and a DeFi TVL slide.

Linea bridge deposits fell from $976M to $367M in six months as the general-purpose L2 shakeout turns measurable.

LRC Group manages the fund, Ownera connects interoperability rails, and issuance runs on Canton via DAML.

Ben Nadareski argues onchain yield can scale with institutions if proof of reserves and time locks become standard.

Options skew and implied vol firmed as traders watched a $68,600 liquidation pocket and AI tokens diverged from majors.

The exchange is pairing the bank rails with access to spot markets, perpetual futures, and Advanced Trade on one platform.

Onchain analysts tied the exploit to alleged privileged controls and rapid deposits into multiple Binance addresses.

The launch starts with two Steakhouse-curated vaults and uses on-device clear-signing for deposits and withdrawals.

Regulators expect the proceedings to resolve in three to four months, keeping access restricted in the interim.

A May 20 amended paper outlines three system-level controls as Bankr disabled transactions after 14+ wallets were accessed.

Annualized funding swung from +8% to -3% in days while weekly DEX volume and DApp revenue fell well below January levels.