DeFi
Aave and Solana tokens lead crypto price rebound
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Bitcoin steadied near $60,000 while Aave and Solana ecosystem tokens posted the strongest gains in the latest market session. Decentralized finance activity and tokenized stock trading on Solana drove the advance.
Standard Chartered analyst Geoff Kendrick has initiated coverage of the Aave token with a forecast of $3,500 by the end of 2030. The target implies a roughly 50-fold increase from current levels near $70.
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Taiko, an Ethereum layer-2 network, halted block production after an attacker exploited its bridge to steal about $1.7 million. The team urged users to withdraw funds from all bridges on the network.
Decentralized finance recorded far fewer losses in recent years, according to new industry data. Total incidents dropped from $2.62 billion in 2022 to $534 million in 2024. A single November 2025 exploit across six networks illustrated the remaining threat.
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Charles Hoskinson, the founder of Cardano, has suggested a possible split of the blockchain through a proof-of-burn mechanism following the planned shutdown of TapTools, a key analytics platform in the ecosystem.
The Senate Banking Committee released updated text for the CLARITY Act on May 12 ahead of a scheduled May 14 markup. The draft sets rules for digital assets, stablecoins, and decentralized finance while leaving ethics provisions unresolved.
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Galaxy, led by Mike Novogratz, and Sharplink have launched a $125 million private fund that will invest staked Ether in decentralized finance strategies. The move comes as institutions increasingly seek yield from their Ethereum holdings. Sharplink also reported a large quarterly loss.
European Commission seeks comments on MiCA updates
June 18, 2026 16:55Malta regulator consults on DeFi and DAO framework
June 14, 2026 10:28Aerodrome to introduce Predictive Allocation on Base in July
June 12, 2026 16:59SEC proposes rescinding two-decade-old stock trading rules
June 10, 2026 19:50Botanix to shut down Bitcoin Layer-2 network in July
May 27, 2026 07:18Kraken launches bitcoin vault for yield generation
May 22, 2026 00:13Variational raises $50 million for real-world asset perps
May 19, 2026 09:16Echo protocol hit by 76 million dollar admin key exploit
May 16, 2026 17:25Thorchain opens refund portal after $10 million exploit
May 15, 2026 23:44Kraken moves wrapped bitcoin to chainlink after kelp dao exploit