Category DeFI

Shorts have paid a 12% annualized carry for 66 days amid Bitcoin’s climb—analysts say the driver is institutional hedging, not fear. Source: Decrypt

The crypto exchange is restructuring around artificial intelligence and flattening its org chart, CEO Brian Armstrong said. Source: Decrypt

Bitcoin is firmly over $80k. The DTCC is about to tokenize everything. And World Liberty Fi countersues Justin Sun. Source: Decrypt

Toncoin has jumped on Pavel Durov’s pledge to slash fees to near-zero, with TON meme coins piling on gains of up to 150%. Source: Decrypt

The move follows two nine-figure exploits of DeFi protocols Drift and KelpDAO in April, as DPRK hackers shift to social engineering tactics. Source: Decrypt

A developer has created an open-source project dubbed the "Theoretical Mythos" aimed at reverse-engineering Anthropic's advanced AI systems, which have raised concerns about safety and ethical implications. This initiative seeks to demystify the inner workings of these powerful models, allowing researchers and enthusiasts to study their design and functionality in depth. By making this information publicly accessible, the project intends to promote transparency and foster a collaborative approach to AI safety. As AI technology continues to evolve rapidly, efforts like the Theoretical Mythos highlight the importance of understanding potential risks associated with powerful AI systems.

Aave is embroiled in a legal battle to unfreeze $71 million in assets following a hack involving Kelp DAO. The incident has raised significant concerns within the decentralized finance (DeFi) community, as the stolen funds are currently held in limbo due to ongoing court proceedings. Aave, a prominent lending platform, is seeking to recover the assets and clarify the legal implications of the hack. This case underscores the vulnerabilities in DeFi protocols and the complexities of navigating legal frameworks in the rapidly evolving cryptocurrency landscape. The outcome could have far-reaching effects on investor confidence and regulatory approaches in the sector.

A leading K-Pop entertainment company has seen its stock prices plummet after announcing the abandonment of its Bitcoin treasury strategy in favor of a new focus on artificial intelligence. The decision reflects a broader trend in the industry, where firms are shifting their investment strategies to align with emerging technologies. Analysts suggest that while the pivot to AI could offer long-term growth potential, the immediate market reaction has been negative, leading to concerns about the company's financial stability. This move highlights the volatility of both the cryptocurrency market and the tech landscape, as companies navigate the challenges of innovation and investor expectations.

Haun Ventures has successfully raised a $1 billion fund aimed at investing at the intersection of cryptocurrency and artificial intelligence. This substantial capital will support innovative startups that leverage the potential of AI agents within the crypto space, signaling a growing interest in the convergence of these two technologies. The fund's launch comes at a time when both sectors are experiencing rapid evolution and increasing mainstream adoption. Haun Ventures, co-founded by former federal prosecutor Katie Haun, aims to identify and nurture transformative projects that can redefine the digital landscape. This initiative highlights the belief in the synergistic potential of AI and blockchain technology for future advancements.

DeepSeek has introduced DeepClaude, a new platform that allows users to run Claude code at a significantly reduced cost—17 times cheaper than existing options. This innovative service leverages DeepSeek's advanced AI technology, making it more accessible for developers and businesses to integrate AI capabilities into their applications. The move aims to democratize access to powerful AI tools, enabling a broader range of users to experiment and innovate without the financial burden. With DeepClaude, DeepSeek positions itself as a competitive player in the rapidly evolving AI landscape, catering to the growing demand for cost-effective AI solutions.