befla

XRP holders could earn new yield, but getting out may take up to 60 days

by
XRP holders could earn new yield, but getting out may take up to 60 days
Firelight is preparing to turn XRP-linked assets into capital that backs protection for DeFi users, offering holders a new source of yield in exchange for putting their collateral at risk. The Flare-based protocol lets holders deposit FXRP, an XRP-linked asset on Flare, into a vault and receive stXRP representing their position. Firelight’s next phase would … Read more

Aave V4 proposal would put DAO funds first in line to absorb lending losses

by
Aave V4 proposal would put DAO funds first in line to absorb lending losses
Aave V4 lenders supplying wrapped Ether (WETH), USDC or USDT to its Core liquidity Hub on Ethereum would receive a bad-debt backstop under a Sept. 11 proposal from TokenLogic. The Umbrella plan would put Aave’s DAO first in absorbing losses, followed by volunteer underwriters, while limiting this initial coverage to those three lending markets. The … Read more

$55 million Aave stablecoin pool sees just $4.4 million available for withdrawals

by
$55 million Aave stablecoin pool sees just $4.4 million available for withdrawals
Aave’s USDT0 stablecoin lending pool on the Monad network displayed a 6.10% annual percentage rate over the weekend, but only about $4.4 million of its $55.9 million supplied balance was unborrowed. For a lender weighing a large withdrawal, that smaller number mattered more than the headline yield. Aavescan snapshot showed $51.5 million borrowed from the reserve. … Read more

CLARITY Act’s ‘final’ deal is already breaking down before tomorrow’s Senate vote

by
CLARITY Act’s ‘final’ deal is already breaking down before tomorrow’s Senate vote
Opposition to the CLARITY Act widened on Sept. 14 as banks, Democrats, state attorneys general and developer advocates rejected key compromises. The backlash came hours after Senate Republicans released what they described as their final version of the landmark crypto market-structure bill, incorporating 126 substantive changes Democrats requested and new provisions to resolve disputes over … Read more

Crypto institutions are chasing a 3% return on Bitcoin, but the entire payout machine collapses if miners stop burning cash

by
Crypto institutions are chasing a 3% return on Bitcoin, but the entire payout machine collapses if miners stop burning cash
A 3% return on Bitcoin can look like a single number on an allocation sheet, even when the economic bargain underneath it is completely different. Stacks said its first institutional Bitcoin Staking bond went live on Sept. 10 with roughly 250 BTC committed by 21Shares, digital-asset manager HashKey Cloud, Bitcoin-focused investor UTXO Management and Sypher … Read more

El Salvador added 1,540 Bitcoin, but the IMF says Bukele’s government didn’t pay for them

by
El Salvador added 1,540 Bitcoin, but the IMF says Bukele’s government didn’t pay for them
The International Monetary Fund (IMF) says El Salvador’s Bitcoin reserve growth over the past year came from private donations, not new government spending. In its latest review of the country’s loan program, the global financial agency said documents supplied by El Salvador showed that Bitcoin accumulated since the previous review reflected private donations. It added … Read more

After selling every coin it owned, a public company is using Strategy’s STRC playbook to restart its $827M Bitcoin treasury plan

by
After selling every coin it owned, a public company is using Strategy’s STRC playbook to restart its $827M Bitcoin treasury plan
Genius Group, a Singapore-based education group, has cleared a legal obstacle to raising capital for its planned Bitcoin and artificial intelligence treasury expansion. The US Court of Appeals for the Second Circuit vacated a preliminary injunction that Genius said had restricted its ability to issue shares, raise capital, and purchase Bitcoin. The Aug. 31 order … Read more

Trump concession sends CLARITY Act odds above 32% before make-or-break Senate vote

by
Trump concession sends CLARITY Act odds above 32% before make-or-break Senate vote
The CLARITY Act’s chances of becoming law climbed above 32% as Senate Republicans unveiled their final compromise before Tuesday’s cloture vote. Polymarket traders pushed the probability of the landmark crypto market-structure legislation being enacted in 2026 to its highest level since Aug. 2 after Republicans released a 635-page final draft designed to resolve several disputes … Read more