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.
The post Robinhood launched a Wall Street layer 2 chain and the market crowned a $150M cat coin first appeared on BitcoinEthereumNews.com.
Robinhood launched the public mainnet of Robinhood Chain this month, describing it as a permissionless Layer 2 built on Arbitrum for tokenized stocks, real-world assets, DeFi lending, and AI-native finance. One week in, the chain’s loudest retail activity is driven by CASHCAT, a memecoin built on Robinhood’s own discarded “CashCat” name. The token reached nearly $150 million in market cap and over $159 million in 24-hour volume. CASHCAT gained liquidity, price charts, and social attention through Uniswap V3 pools and third-party launch and routing infrastructure, including Noxa.fun and Pump.fun, rather than through Robinhood’s own app-listing process. An explainer graphic outlines six steps showing how CASHCAT gained liquidity, price charts, and trading volume on Robinhood Chain without a formal listing. Behind an unapproved listing Robinhood built
The post Zapper to Shut Down Aug. 3 After Nearly Seven Years appeared on BitcoinEthereumNews.com.
The DeFi portfolio tracker once handled $13 billion in transaction volume and 2 million monthly users before deciding an orderly wind-down was its best option. Zapper, the DeFi portfolio tracker and dashboard, will shut down entirely on August 3rd, co-founder and CEO Seb Audet said in a post on X Wednesday. The company’s website, mobile apps and API services will all go offline. Audet said the team “evaluated a number of different options, pursued some to the fullest extent possible,” before concluding that an orderly wind down is the best course of action. Existing API users will receive transition guidance by email, he said. Seven-Year Run Zapper launched in 2019 as a simple portfolio tracker Audet built for himself while exploring early DeFi, before scaling into a broader dashboard for tracking liquidity pools, yield farms and claimable rewards. At its peak, the platform served more tha
The DeFi portfolio tracker once handled $13 billion in transaction volume and 2 million monthly users before deciding an orderly wind-down was its best option.
The post AAVE Price Pops 7% as Aave Labs Launches Stable Vaults Yield Product for Fintechs appeared on BitcoinEthereumNews.com.
Key highlights: Aave Labs has announced Stable Vaults, an offering designed to earn stablecoin yields on any product Stable Vaults will invest stablecoin balances in Aave’s lending and borrowing protocols AAVE rose 7% on the back of the announcement to trade at $92.5 Aave Labs has rolled out a new product offering fixed-rate stablecoin yields for fintech companies. Dubbed Stable Vaults, the new product comes amid rising demand for yield by investors as companies scramble for market share. Aave Labs introduces Stable Vaults for stablecoin yield According to the official announcement, Stable Vaults provide a solution for fintech service providers to embed fixed-rate stablecoin yield into their products. A key feature of the offering is that fintech companies do not have to force users to interact with crypto rails to receive stablecoin yield. Aave Labs’ plug-and
The post Wells Fargo loads up on Strategy while trimming BlackRock Bitcoin ETF appeared on BitcoinEthereumNews.com.
Wells Fargo has expanded its exposure to Strategy while reducing part of its BlackRock Bitcoin ETF position, according to its latest regulatory filing that also shows larger investments across Ethereum and Solana-linked products. Summary Wells Fargo increased its Strategy stake by 125% while trimming its BlackRock Bitcoin ETF holding. The bank boosted Ethereum ETF exposure, added Solana funds, and expanded positions in Bitmine and Robinhood. SEC filings also show reduced stakes in Coinbase and Galaxy Digital despite broader crypto market exposure. According to the bank’s latest filing with the U.S. Securities and Exchange Commission, the $2.5 trillion asset manager increased its holding in Michael Saylor’s Strategy (MSTR) by 125% to nearly 726,000 shares, adding roughly $41.5 million in exposure. At the same time, the filing shows the bank reduced its position in BlackRoc
The post Hyperliquid Wants CFTC to Exempt DeFi From Legacy Crypto Rules appeared on BitcoinEthereumNews.com.
The Hyperliquid Policy Center (HPC) and non-custodial wallet provider Phantom have jointly urged the US Commodity Futures Trading Commission (CFTC) to modernize its regulatory approach to decentralized finance (DeFi). In a response to the agency’s Request for Information on evolving financial technology, the organizations argue that onchain infrastructure should not be regulated like traditional financial intermediaries. The filing could influence how US regulators oversee decentralized markets while shaping the future of self-custody, onchain trading, and blockchain innovation. HPC and Phantom Push for Tailored DeFi Rules In their joint comment, HPC and Phantom argue that developers who publish onchain protocol software should not automatically be treated as operators of exchanges or clearinghouses. Instead, they urge the CFTC to distinguish between building technology and prov
Spark's innovative liquidity management could redefine DeFi economics, but it also introduces new risks and requires careful oversight.
The post Spark manages $1.5B in stablecoin volume through Uniswap v4 in 30 days appeared first on Crypto Briefing.