Tag: DeFi
DeFi is short for decentralized finance that includes digital assets, protocols, smart contracts, and dApps built on blockchain.
In this week’s Shiny Coins #15 (May 24, 2026), the crypto market remains gripped by fear with BTC hovering near $76,450 and dominance at 60%. Total market cap sits at roughly $2.56T. Yet amid the caution, explosive moves in AI infrastructure and privacy coins are stealing the show. We break down the 8 shiniest tokens lighting up the tape right now — from NEAR’s 59% weekly surge on confidential computing upgrades to Hyperliquid’s relentless...
Shiny Coins #14 – Privacy Coins Explode as RWA and DePIN Narratives Steal the Show
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Bitcoin is trading at approximately $80,200, up a respectable +2.6% over the past seven days, while its dominance sits firmly around 59%. Total crypto market capitalization is holding near $2.76 trillion with only modest movement this week, and the Fear & Greed Index remains pinned at 38 — deep in Extreme Fear territory. Macro headwinds (mixed Fed signals and lingering geopolitical noise) haven’t broken BTC’s resolve, but they’ve kept...
Judge Clears Path for Aave to Transfer $71 Million in Frozen ETH Tied to North Korea-Linked Exploit
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Aave advances recovery: Manhattan federal judge modifies freeze to permit transfer of ~30,766 ETH from Arbitrum to Aave-controlled wallet.
DeFi United initiative: Coordinated response to April Kelp DAO rsETH exploit involving over $290 million in unbacked tokens.
Ongoing legal tension: Terrorism judgment creditors’ claims follow the assets, highlighting risks at the intersection of DeFi, sanctions, and national...
DeFi United Raises Over $300 Million to Restore rsETH After Kelp DAO’s $292 Million Exploit
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Relief milestone: DeFi United surpasses $300 million in ETH pledges (approximately 132,650 ETH) to cover losses tied to the April 18 exploit.
Exploit details: Attacker forged a LayerZero message to mint roughly 116,500 unbacked rsETH tokens, with about 107,000 flowing into Aave lending positions and creating $123–230 million in bad debt.
Key participants: Major contributors include Consensys, Joseph Lubin (30,000 ETH), Circle...
Tron Founder Justin Sun Sues Trump-Linked World Liberty Financial Over Frozen WLFI Tokens
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Lawsuit filed: Tron founder Justin Sun initiated the case in California federal court on April 21, 2026, citing breach of contract, fraud, conversion and unjust enrichment.
Frozen assets: Sun’s wallet holding 540 million unlocked WLFI tokens and 2.4 billion locked tokens, valued at approximately $75 million, was blacklisted via an undisclosed smart-contract function added in August 2025.
Allegations: World Liberty Financial...






