befla

Decentralization was the beginning. Call it onchain finance

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The following is a guest post and opinion piece by Andre Cronje, Founder and CEO of Flying Tulip. Decentralization was the starting point for DeFi. But it is no longer the complete operating model for most protocols, and our language should evolve with the industry. This is not an argument against decentralization. It is an … Read more

US sanctions exposed a $6.3 billion crypto pipeline linking Iran and Russia

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On Aug. 7, US authorities sanctioned Shelbit and Aban Tether, two Iranian-linked crypto platforms accused of facilitating transactions tied to Iran’s Islamic Revolutionary Guard Corps and other state-linked entities. The Treasury Department also sanctioned Shelbit founder Siavash Kayvanpour and several companies connected to him in Georgia, Poland and the United Arab Emirates. It said IRGC-linked … Read more

Crypto holders face an August 23 deadline to figure out who controls HTX or risk violating EU sanctions

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An EU transaction ban will take effect on Aug. 23 against the entity listed as “HTX (HUOBI GLOBAL SA),” giving people and businesses subject to the bloc’s Russia sanctions regime a deadline to establish whether that company is involved in their dealings with the online exchange. The restriction follows the jurisdictional reach of Regulation 833/2014. … Read more

AI financial advisers carry a hidden Bitcoin bias activated by a single specific switch

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An AI financial adviser receives the same client three times, with the finances and tolerance for risk left unchanged. The first prompt asks for a diversified long-term portfolio. The second introduces bank failures and capital controls, while the third imagines an economy in which autonomous software buys services and pays other machines. The client hasn’t … Read more

A proposed Ethereum upgrade threatens to kill native yield and force SharpLink’s $125M treasury into high-risk DeFi

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An Ethereum staking proposal would lower the native-yield baseline underpinning SharpLink’s strategy to make its corporate ETH treasury more productive, increasing its reliance on variable and higher-risk sources of return. EIP-8363 would progressively burn a larger share of consensus rewards as the amount of staked ETH rises. At 60.25 million ETH, the model reaches a … Read more

Wall Street put $7B into tokenized funds, but under 1% is actually being used in DeFi

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DeFi recorded 99 hacks in the second quarter of 2026, more than any quarter on record in DeFiLlama’s database. Real-world tokenized assets in use inside DeFi protocols have since climbed to nearly $3.97 billion, a fresh all-time high. DeFi gives tokenized assets something to do on-chain, turning them into collateral, lending liquidity, or inputs that … Read more

Trump Media’s $6.4 billion crypto venture canceled amid escalating Trump ethics concerns

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Trump Media & Technology Group and Crypto.com scrapped plans for a $6.42 billion digital-asset treasury venture. The move unwinds one of the largest crypto projects connected to President Donald Trump as scrutiny of his family’s digital-asset businesses intensifies in Washington. On Aug. 7, Trump Media, Crypto.com, and Yorkville Acquisition Corp. said they had mutually agreed … Read more

Coinbase is pulling Loopring trading today – finding a safe place to sell LRC tokens is getting complicated

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Coinbase is scheduled to suspend LRC-USD trading on or around 2 p.m. ET on Aug. 7. If completed, the move would close a Coinbase-hosted dollar market while keeping customer balances accessible and withdrawals available. Coinbase’s notice said the change covers Coinbase.com Simple and Advanced Trade, Coinbase Exchange and Coinbase Prime. As of press time, Coinbase … Read more