Gauntlet raises $125M from SBI Holdings to expand DeFi services

The post Zapper shuts down after 7 years despite $13B peak volume – Details appeared on BitcoinEthereumNews.com. Zapper, a DeFi asset manager, has announced plans to shut down after nearly seven years of operation. To quantify the scale of its operation, the asset manager had attracted over 2 million active monthly users while it processed over $13 billion at its peak in transaction volume. Yet, the strong user adoption did not translate into a sustainable business model as revenue declined due to intensified competition. This competition narrowed the asset manager’s profit margin, crippling its operations. Source: Zapper on X On the 3rd of August, the asset manager will shut down completely, bringing an end to its operations. The platform will assist its users in transitioning. Seb Audet, Co-Founder and CEO of Zapper, acknowledged that Zapper fell short of its mission. On a post on X he stated, Zapper’s mission was to make DeFi more accessible, and while we did not realize that missio

Morpho's Solana listing could reshape DeFi lending dynamics, enhancing cross-chain liquidity and potentially expanding Morpho's protocol reach. The post Morpho token now available for trading on Solana via Jupiter appeared first on Crypto Briefing.

Ethena's fee removal for USDe minting may boost institutional adoption but highlights DeFi's shift towards regulatory compliance. The post Ethena enables free minting and redemption of USDe with USDC appeared first on Crypto Briefing.

Aave’s V4 discussion is a useful reminder that DeFi’s next cycle will not be won only by bigger yields or louder token narratives. Cost still matters. If users have to think twice before every transaction, the product is

Aave's Stable Vaults could attract institutional investors to DeFi, but centralization risks and rate sustainability remain key concerns. The post Aave Labs rolls out Stable Vaults for predictable stablecoin yield appeared first on Crypto Briefing.

Robinhood Chain's rapid adoption highlights a shift towards DeFi and tokenized assets, potentially reshaping traditional finance engagement. The post Robinhood Chain sees ETH surge 5x as stablecoins climb to $260M appeared first on Crypto Briefing.

The post BNB Chain Targets AI Trading With New High-Speed Layer 1 Blockchain appeared on BitcoinEthereumNews.com. BNB Chain is building a high-speed Layer 1 to give AI trading agents near-instant onchain execution. The new network removes the public mempool to reduce front-running and speed up transaction processing. BNB Chain plans a 2027 mainnet while expanding DeFi, stablecoin activity, and ecosystem growth. BNB Chain is developing a new Layer 1 blockchain designed for AI-powered trading agents, as the network looks to make onchain trading faster and more competitive with centralized exchanges. The project is expected to enter testnet before the end of 2026, with a mainnet launch planned for early 2027. The new blockchain is designed to process more than 100,000 transactions per second, deliver transaction confirmation in under 50 milliseconds, and finalize blocks in less than a second. The upgrade aims to narrow the speed gap between decentralized and centralized trading platforms,

The post Morpho’s Robinhood Moment: DeFi Lending Hits Retail appeared on BitcoinEthereumNews.com. Open the Robinhood app and tap Earn. You see an estimated ~7% on USDG, a dollar-pegged stablecoin, plus a line about insurance. It feels like a savings product, but it is very much onchain credit, routed through Morpho’s vault infrastructure. That is the shift. DeFi plumbing, retail skin. If Robinhood can make lending look familiar without hiding the rails, the ceiling on participation moves. And Morpho, a protocol that started life optimizing rates for lenders and borrowers, just landed in the retail home screen. On July 1, Robinhood said it is rolling out Robinhood Earn to eligible U.S. users. Customers can lend the USDG stablecoin onchain via a self-custody wallet at an estimated ~7% APY, with the underlying lending infrastructure powered by Morpho and insurance arranged through Lloyd’s of London and RELM Robinhood Newsroom (official). Morpho confirmed it will route deposits into Morpho