The lawsuit highlights the critical need for clear communication and investor awareness in DeFi, beyond just the transparency of on-chain code.
The post World Liberty Financial co-founder defends transparency of smart contracts amid Justin Sun lawsuit appeared first on Crypto Briefing.
RedStone’s new “Settle” layer is the first sober attempt to fix DeFi’s RWA paradox. RedStone has launched “RedStone Settle,” a dedicated DeFi settlement layer built to make tokenized real‑world assets usable as collateral in lending protocols, targeting roughly $30 billion…
The post DeFi Executives Speak on Critical Issues Affecting the Tokenized Asset Ecosystem appeared on BitcoinEthereumNews.com.
There is a “double-standard” problem facing the tokenized assets ecosystem. DeFi companies should not be discussing minimum standards amid high expectations. Regulatory elements are the potential catalysts for the tokenized asset sector. DeFi executives and stakeholders have highlighted several issues inhibiting the industry’s development, suggesting methods to address challenges and create a consistent ecosystem that will enable innovation to thrive. https://youtu.be/C1DthcsKzPw?si=uXsg-GzMaOqxAdLO The experts expressed their opinions during a meetup hosted by NOWNodes as one of the sideline events of Consensus 2026 in Miami. The meetup’s panel of discussion featured industry experts from Crypto.com, Zerion, Solflare, Li.Fi, the TON Foundation, Paxos, Houdini Swap, and Globalstake, while the discussion focused on what it takes to build successful tokenized sy
The post Babylon Bitcoin staking hits $4 billion TVL milestone appeared on BitcoinEthereumNews.com.
Babylon Bitcoin staking has hit a new milestone, reaching $4 billion in total value locked just one year after launch and giving fresh momentum to a long-running crypto goal: making Bitcoin useful in DeFi without asking holders to leave the Bitcoin network behind. That number matters because Babylon is not pitching another wrapped-Bitcoin workaround. Instead, the protocol lets users stake Bitcoin directly from the Bitcoin network, with no wrapping or bridging required. Bitcoin stays locked on its native chain throughout the staking process, while transactions remain publicly verifiable. For a market that has spent years debating whether Bitcoin can become productive without adding bridge risk, Babylon Bitcoin staking is drawing attention for a simple reason: it is trying to turn the biggest crypto asset into working collateral while preserving its core security assumptions. Babylon Bitco
Onchain data shows Multicoin Capital is now more than $40 million underwater on a large AAVE position built through Galaxy Digital’s over-the-counter (OTC) desk. The firm now appears to be selling. A $73.7 Million Bet Gone Wrong Between October 13 and November 25, 2025, Multicoin Capital received 338,005 AAVE tokens from a Galaxy Digital OTC […]
The post Thorchain Exploited? Trading Paused Amid Risk of Enormous Attack appeared on BitcoinEthereumNews.com.
DeFi security is in trouble Guidelines for users Cross-chain DeFi protocol THORChain has suspended trading, following what appears to be a significant multi-chain exploit that may have depleted over $10 million in cryptocurrency assets. Suspicious withdrawals involving Bitcoin, Ethereum, BNB Chain, and Base-linked assets have been reported by security researchers and on-chain investigators such as PeckShield. Early tracking data indicates that the attackers allegedly took about 36.75 BTC, or about $3 million, along with an additional $7 million in assets that were bridged across several chains. Both Bitcoin and Ethereum-compatible networks’ publicly known wallet addresses were linked to the stolen funds. Following the incident, THORChain stopped trading, probably to avoid further liquidity drains or cascading exploits across linked pools. Because THORChain serves as essential
The post Senator Warren Urges SEC to Investigate Trump-Linked Crypto Firm WLFI appeared on BitcoinEthereumNews.com.
The post Senator Warren Urges SEC to Investigate Trump-Linked Crypto Firm WLFI appeared first on Coinpedia Fintech News Elizabeth Warren is pushing for a new SEC investigation into World Liberty Financial, the Trump family-linked crypto project, over allegations involving investor treatment, token sales, and a controversial $75 million crypto-backed loan. The move comes at a sensitive time for the crypto industry as U.S. lawmakers debate major digital asset legislation through the CLARITY Act. Warren Questions WLFI Token Structure In a letter sent to SEC Chair Paul Atkins on May 14, Warren asked regulators to examine whether World Liberty Financial may have misled investors or violated securities laws tied to its WLFI governance token. According to Warren, Trump family-affiliated entities are reportedly entitled to receive 75% of token sale proceeds after expenses, while
The post Hyperbridge launches $50K bug bounty after bridge exploit appeared on BitcoinEthereumNews.com.
Hyperbridge has launched a public bug bounty program on HackenProof, offering rewards of up to $50,000 for critical vulnerabilities. Summary Hyperbridge offers $50,000 rewards for critical bugs as researchers review cross-chain messaging and fund safety. The program follows April’s fake DOT exploit that exposed proof verification risks across Hyperbridge systems. HackenProof rules require proof-of-concept reports while banning live attacks and third-party exploit testing by researchers. The program invites independent security researchers to review the protocol codebase and submit reports through the security platform. The HackenProof page lists the Hyperbridge Protocol program as live and active. It describes Hyperbridge as a system that lets blockchains communicate and transfer assets through consensus and state proofs, rather than older bridge models that rely on multisig committ