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The Defiant – DeFi News

Information platform at the intersection of tech and finance.

Sonic TVL Plummets 67% Since May as Token Slumps
Experts say the blockchain could face strategic challenges as the S token price drops and yield-driven users exit....

Linea Token Launches at $500 Million Market Capitalization
The Layer 2 blockchain developed by Consensys has launched its long-awaited token and airdrop....

PUMP Soars to Highest Price Since Opening Week
The Solana-based memecoin launchpad’s token is up another 20% today, and 43% on the week to a $5.6 billion valuation....

Dragonfly Partner Suggests Hyperliquid Stablecoin Competition is Rigged
Hyperliquid’s stablecoin launch has evolved into one of the hottest competitions DeFi has seen in years, with institutions and DeFi protocols clamoring to win validators over....

Optimism Scores Another Big Deal as Ronin Joins Its L2 Stack
Ronin is tapping Optimism’s tools to build its own chain, joining crypto heavyweights who also relied on the OP Stack to launch their L2 networks....

Massive Software Supply-Chain Hack Targeting Crypto Ends with Pennies Stolen
One web developer’s compromised npm account triggered a large-scale supply chain attack, but the hacker only got a few cents in crypto, analysts say....

Nasdaq’s Tokenized Equities Filing Highlights Settlement and Infrastructure Challenges
The stock exchange’s plan to support trading of tokenized shares presents new technical hurdles for the SEC and DTCC....

UpBit Unveils GIWA Ethereum Layer 2 Network
Korea’s leading centralized exchange is bringing its users onchain....

Fidelity’s Tokenized Fund Launch Marks ‘Tipping Point’ for Institutional On-Chain Adoption
With its Digital Interest Token (FDIT), Fidelity moves to challenge BlackRock’s BUIDL fund....