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Aave Labs Launches Stable Vaults for Fintech Stablecoin Yield
Aave Labs launched Stable Vaults, an infrastructure enabling fintechs, wallets, exchanges, and payment providers to embed fixed-rate stablecoin yield into their products. These vaults...
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Gauntlet Raises $125M Series C From SBI Holdings
Gauntlet, a DeFi risk management and vault curation firm, raised $125 million in a Series C funding round led by SBI Holdings, the Japanese...
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Circle Wins Final OCC Approval for National Trust Bank
Circle received final approval from the Office of the Comptroller of the Currency to establish a national trust bank chartered as First National Digital...
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South Korea Super-App Toss to Run Won Stablecoin Pilot on OP Stack
South Korean fintech super-app Toss, with roughly 30 million registered users, is testing a Korean won stablecoin on Optimism's OP Stack. This three-month pilot,...
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Stripe’s $53B PayPal Bid Would Combine Bridge and PYUSD Under One Owner
Stripe and private-equity firm Advent International submitted an unsolicited joint offer to buy PayPal for $60.50 per share, valuing the company at over $53...
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Bonzo Lend Loses $9M on Hedera in Supra Oracle Exploit
Bonzo Lend, a lending protocol on the Hedera network, lost approximately $9.05 million after an attacker exploited a verification flaw in a third-party Supra...
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Cap Cuts Its ‘Stabledrop’ Airdrop to $4.2M from $12M as Backlash Mounts
Cap, a Franklin Templeton-backed stablecoin protocol, has cut its Stabledrop reward program from $12 million to $4.2 million due to a token sale in...
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Tether Leads $7M Series A in Pact Labs for USA₮ Payroll
Tether announced Tuesday it led a $7 million Series A funding round in Pact Labs, a financial infrastructure startup. This investment aims to expand...