Drift Protocol was hit by a major exploit on April 1, 2026, with attackers draining up to $296 million in user assets. Drift has now proposed a recovery framework backed by up to $127.5 million from Tether and $20 million from other partners, with exchange revenue also meant to help fund a user recovery pool over time.
Michael Saylor used a Bankless interview this week to restate the biggest version of his Bitcoin case yet. The Strategy executive chairman said Bitcoin...
OKX integrated Katana into its Earn product, embedding Katana’s onchain yield rails inside the OKX app so users can access DeFi-style yield without running a self-custody workflow.
Aven launched a Bitcoin-backed Visa card offering credit lines up to $1 million, extending its asset-backed credit model from home equity into Bitcoin.
Dakota has shifted from a stablecoin-based business banking product to an API platform bundling custody, KYB/AML and cross-border rails. The question: can “compliance-as-code” finally make stablecoin payments practical for enterprises?
Startale raises an additional $13 million from Sony Innovation Fund to expand Soneium’s ecosystem, including consumer apps, wallets and a payments layer.
Aven launched a Bitcoin-backed Visa card offering credit lines up to $1 million, extending its asset-backed credit model from home equity into Bitcoin.
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