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Decentralized finance, protocols, on-chain activity, and DeFi market structure.

Ripple's Former CTO Outlines a Tax-Friendly XRP Staking Framework Using a 'Knitted Sweater' Analogy
DeFi

Ripple's Former CTO Outlines a Tax-Friendly XRP Staking Framework Using a 'Knitted Sweater' Analogy

Former Ripple CTO David Schwartz has proposed a hypothetical tax-friendly XRP staking design, arguing that rewards minted by the staking process itself should not be taxed until sold — likening it to knitting a sweater before putting it up for sale....

Crypto Industry Mourns Ondo Finance Founder Nathan Allman; Ripple's Schwartz Among Those Paying Tribute
DeFi

Crypto Industry Mourns Ondo Finance Founder Nathan Allman; Ripple's Schwartz Among Those Paying Tribute

The crypto industry is mourning the passing of Nathan Allman, founder of Ondo Finance. Ripple's David Schwartz and Bitget CEO Gracy Chen were among those paying tribute, as Ondo announced Ian De Bode would take over as CEO....

Frozen Funds in DeFi: A Growing Debate Over Who Has the Right to Intervene
DeFi

Frozen Funds in DeFi: A Growing Debate Over Who Has the Right to Intervene

DeFi protocols and centralized stablecoin issuers are under scrutiny over when and whether to freeze stolen funds, with industry leaders divided on the ethics, governance, and practical limits of intervention during major exploits....

'DeFi United' Relief Fund Surpasses $300 Million in Contributions Following Kelp DAO's $290 Million Hack
DeFi

'DeFi United' Relief Fund Surpasses $300 Million in Contributions Following Kelp DAO's $290 Million Hack

DeFi United, a coordinated relief effort led by Aave founder Stani Kulechov, has raised over $303 million in Ethereum contributions to help cover losses from Kelp DAO's $290 million exploit, though the total remains contingent on pending governance votes across multiple DeFi protocols....

DeFi

Ethereum Foundation Withdraws $40M in Staked ETH Just Short of 70,000 ETH Target

The Ethereum Foundation unstaked 17,035 ETH worth roughly $40 million just after approaching its 70,000 ETH staking target, sparking community speculation about a potential sell-off....