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DeFi’s $10B bank run contrasts with $1B monthly retail flows – deposit fragility overlooked

Blair Connolly3 weeks ago7 min read

DeFi bank run exposes fragile deposits after $292M exploit A $292 million exploit at KelpDAO late Saturday triggered roughly $10 billion in withdrawals across DeFi and…

Bitcoin ETF outflows total $649 million in single day

Althea Burnett3 weeks ago5 min read

Bitcoin ETF Outflows Hit $649 Million in Single Day U.S. spot Bitcoin ETF outflows totaled $649 million on May 18, the largest single-day withdrawal from the…

Bitcoin ETF outflows hit $30M as spot volume lags

Wyatt Newson3 weeks ago6 min read

Bitcoin ETF outflows hit $124.5M as volume softens U.S. spot Bitcoin ETFs posted a second straight day of net outflows on Wednesday, with total redemptions reaching…

Minnesota banks quietly seek custody as retail’s self-storage share falls

Leo Nomist3 weeks ago7 min read

Minnesota Banks Win Crypto Custody Powers as Self-Storage Falls Minnesota has moved to let state-chartered banks and credit unions offer cryptocurrency custody services starting Aug. 1,…

Euro stablecoin project Qivalis adds 25 banks ahead of launch

Ethan Glober3 weeks ago6 min read

Qivalis adds 25 banks to euro stablecoin project Qivalis, the Amsterdam-based euro stablecoin consortium, said on Wednesday it had added 25 new banks, lifting total membership…

South Korean funeral company records $33 million loss on ETH ETFs

Cabel Dioli3 weeks ago5 min read

South Korean Funeral Firm Posts $33M Loss on ETH ETF South Korean funeral operator Bumo Sarang has logged a paper loss of about 49.3 billion won,…

Polymarket unlocks $5 trillion liquidity – retail moves where institutions stood

Bernard Nicolai3 weeks ago6 min read

Polymarket opens private-company markets for retail traders Polymarket has launched prediction markets tied to private-company milestones, opening a new retail-facing venue for speculation on valuations, IPO…

OpenAI’s Singapore lab funded but Asian crypto venture inflows drop 30% – AI capital crowding out crypto

Bitro Conwell3 weeks ago5 min read

OpenAI Opens Singapore AI Lab as Crypto Inflows Fall OpenAI has committed more than S$300 million, or about $234 million, to open its first applied AI…

Bitcoin’s bounce lacks spot ETF flow support – liquidity vs price divergence widens

Daniel Lycon3 weeks ago7 min read

Bitcoin bounce lacks ETF flow support as divergence widens Bitcoin’s rebound has outpaced support from U.S. spot ETF inflows, even after the funds posted a strong…

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