In brief Aave users struggled to withdraw funds from Aave after attackers borrowed with stolen rsETH on the platform, spiking a core market’s so-called utilization…
The current Bitcoin (BTC) market cycle is “dramatically” weaker than the three previous cycles, according to Alex Thorn, the head of firmwide research at investment…
As readers of this newsletter may be aware, Congress has spent the past few months debating market structure legislation, but crypto policy discussions encompass so…
The average Web3 VC pitch sounds like ours did three years ago. “We have deep relationships across the ecosystem.” “We add value beyond capital.” “Our…
The $292 million exploit of Kelp DAO has set off a wave of reactions across the crypto industry, with developers and traders warning that the…
For many years, the idea that publicly traded corporations might buy Bitcoin for their reserves was considered laughable. The top cryptocurrency was considered too volatile,…
The exploit of the Kelp liquid restaking protocol shows how non-isolated lending and integrations in decentralized finance (DeFi) can cause broader ecosystem contagion, according to…
In brief Adobe data shows AI-driven shopping traffic surging into the mainstream. AI-assisted shoppers now outperform traditional retail consumers. Report signals rapid shift toward agent-led…
Stablecoins, the $300 billion class of digital dollars, may have started as a faster way to move money across the globe, but companies are now…
Aave just watched $6.6 billion walk out the door, and it’s not because anyone hacked Aave. The protocol’s total value locked dropped from $26.4 billion…
