The sharp DeFi TVL decline signals a deeper market reassessment, highlighting vulnerabilities and shifting investor priorities in the crypto space.
The post Total TVL in DeFi declines 49% since October 2025 appeared first on Crypto Briefing.
The post Magne.AI And LSP.Finance Join Forces To Foster Web3 Smartphone User Engagement In DeFi appeared on BitcoinEthereumNews.com.
In a groundbreaking move to expand user engagement in its Web3 mobile application network, Magne.AI, a decentralized smartphone platform, today entered into a strategic partnership with LSP.Finance, a digital asset management platform that transforms DeFi by unlocking liquidity from POS networks. This collaboration enabled Magne.AI to combine with LSP.Finance’s digital asset liquidity infrastructure, allowing its Web3 mobile device and smartphone users to now access innovative DeFi applications. Magne.AI is a US-based Web3 firm with specialized ability to develop decentralized smartphones and mobile devices that support secure access to personal data, digital transactions, and DApps (decentralized applications). This platform targets the global market of 5 billion smartphone users, providing them with decentralized phones and mobile devices powered by
Blockchain tracking firm Arkham Intelligence has labeled a set of suspicious wallets as “THORChain Exploiter” addresses, with one Bitcoin-linked wallet holding close to 36.85 BTC — worth roughly $3 million — and a separate Ethereum wallet carrying around 216 ETH. The funds are sitting there, visible on-chain, linked to two addresses that security researchers have […]
The post Ethena’s USDe supply on Solana rises by over $450M in 4 days appeared on BitcoinEthereumNews.com.
Ethena’s synthetic dollar USDe just had a very good week on Solana. The token’s supply on the network surged by more than $450 million in just four days, a pace of capital inflow that most DeFi protocols would be thrilled to see over an entire quarter. The growth is particularly striking in relative terms. USDe’s supply on Solana is now approaching ten times the amount circulating on HyperliquidX, making Solana the clear center of gravity for USDe liquidity outside of Ethereum. What’s behind the surge USDe isn’t your typical stablecoin. It’s a synthetic dollar created by Ethena Labs, which launched the token in February 2024. Unlike USDC or USDT, which are backed by traditional reserves held in bank accounts, USDe maintains its peg through a delta-neutral hedging strategy. Think of it like this: Ethena holds crypto collateral and simultaneously opens short positions to offset pric
Ethena's USDe surge on Solana highlights potential risks of network concentration and collateral strategy, impacting DeFi stability and investor confidence.
The post Ethena’s USDe supply on Solana rises by over $450M in 4 days appeared first on Crypto Briefing.
The post CRV Price Prediction: Relief Rally to $0.27 Before $0.21 Target appeared on BitcoinEthereumNews.com.
Lawrence Jengar
May 16, 2026 08:20
CRV’s negative funding rates signal a potential 12% bounce to $0.27, but technical breakdown below $0.23 support targets $0.21 within two weeks as DeFi sector weakness persists.
The Current Setup CRV trades at $0.24, down 6.78% today and caught between critical technical levels that will determine the next major move. The 20-day SMA at $0.25 acts as immediate resistance while the 50-day SMA at $0.23 provides the last line of support before deeper losses. The MACD histogram hovers near zero, indicating market indecision, while RSI at 49 shows neither bulls nor bears have established control. The derivatives market reveals interesting dynamics with the -0.0118% funding rate forcing shorts to pay longs, creating artificial buying pressure that could spark a relief rally. Open interest surged 10.12% to $21.5 million in 24 hours,
The $292 million KelpDAO exploit is among the biggest crypto losses of 2026. The impact of this attack on users’ confidence was broad, triggering a $13.5 billion drop in DeFi total value locked (TVL). However, recent developments suggest a return in market confidence. Related Reading: ZachXBT Claims LAB Insiders Control 95% After $6 Billion Crypto […]
