Author: NBTC

Yearn, a DeFi stalwart offering set-and-forget yield vaults, has announced an incident involving its yUSND vault on the Arbitrum network. The disclosure comes from pseudonymous Yearn contributor johnnyonline who explains that “insufficient USND liquidity” led to “severe slippage” in swapping liquidation rewards, one of the strategy’s yield sources. The incident was confined to the vault’s rETH Stability Pool Strategy, to which 28% of its assets are allocated. Losses were relatively small, especially by DeFi’s standards, at just over $25,000 in USND. This represents a “5.2% drawdown for yUSND depositors.” The post reassures users that Yearn has fully covered losses to…

Binance Life (LIFE), one of the meme coin projects that has attracted attention in the crypto market recently, reached an all-time high by exceeding the market value of $500 million in a short-term rise. Binance Life Market Cap Exceeds $500 Million: New Record Set The value of the LIFE token briefly crossed the $500 million threshold, then stabilized at $484 million. This surge is attributed to Binance Life’s rapidly increasing trading volume and community interest in recent weeks. Increased interaction on social media platforms and speculative news about the Binance ecosystem, in particular, have caused short-term fluctuations in the token’s…

KuCoin Institutional and custody provider Ceffu announced a strategic partnership today that the two companies say will strengthen the security, compliance and operational infrastructure available to professional crypto investors. The deal deepens KuCoin Institutional’s push to build a “trust first” custody ecosystem and signals both firms’ intent to roll out future product integrations aimed at institutional participants. KuCoin Institutional, the exchange’s arm focused on funds, corporate clients and high-net-worth investors, said the collaboration builds on its earlier work with licensed custodians and is designed to give institutions stronger asset protection and clearer operational segregation. The partnership will, the companies said,…

Chaos struck yesterday’s pre-deposit window for DeFi users keen to be early to the December launch of MegaETH’s Frontier mainnet. Multiple stumbling blocks included a buggy and overloaded know-your-customer (KYC) verification process, the initial cap of $250 million being filled in less than three minutes, and subsequent adjustments to the cap being mishandled. A statement from MegaETH’s X profile recognized that the day’s events were “not acceptable.” It says the launch “encountered a variety of minor technical issues that, when compounded, provided a subpar user experience.” What went wrong? MegaETH bills itself as “the first real-time blockchain,” promising >100,000 transactions…

Hong Kim and Elliot Andrews stated that institutional investors are replacing retail traders in the crypto market’s dominance, as they spoke at the Token49 event in Singapore. They cited the rise of regulated investments, such as spot Bitcoin ETFs, which have attracted over $50 billion in inflows since their launch. The Chief Technology Officer and co-founder of Bitwise said the Bitcoin investor base has shifted from short-term retail speculation to sustained institutional allocation. He noted that the first year of Bitcoin ETFs saw about $30 billion of inflows, and he believes the momentum will continue. Kim says the launch of…

Alchemy Pay, a popular payment gateway, has partnered with the crypto exchange Kraken and permissionless token issuer Backed’s xStocks. The partnership attempts to advance the growth of the real-world asset (RWA) ecosystem across the globe. As Alchemy Pay’s official press release points out, the strategic integration delivers its capability to offer streamlined access to xStocks, Backed’s suite of over 60 ETFs and equities. Hence, the development provides a relatively frictionless and stable RWA trading environment for worldwide users. Alchemy Pay, Kraken, and Backed Develop Cross-Border Fiat-to-RWA Gateway As included in this partnership, Alchemy Pay is elevating its RWA investment network…

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. South Korea’s crypto scene has long stood out — defined by fearless traders, rapid market cycles, and the famous “Kimchi premium” that often pushed local prices far above global averages. This was never just a pricing anomaly; it was a reflection of something deeper: an unmatched retail appetite for risk and innovation. Summary Retail power drives innovation: Korea’s crypto market thrives on retail participation, with over a third of citizens trading and altcoins dominating volume — creating…

BlackRock’s aggressive push into digital assets accelerated in the third quarter of 2025, with the asset manager adding $22.46 billion to its crypto portfolio, according to Finbold’s Q3 2025 Cryptocurrency Market Report. Between July 1 and September 30, the value of BlackRock’s on-chain Bitcoin (BTC) and Ethereum (ETH) holdings surged from $79.63 billion to $102.09 billion, marking a 28.2% increase in just three months. Bitcoin accounted for a $10.99 billion gain (up 14.6% from $75.26 billion to $86.25 billion), while Ethereum delivered even stronger returns, soaring $11.46 billion (a 262% gain from $4.37 billion to $15.83 billion). While Bitcoin remains…

Bithumb, South Korea’s second-largest crypto exchange, is closing its USDT market and order-book-sharing with Australia’s Stellar Exchange after only two months, amid regulators’ scrutiny of anti-money laundering controls. The shutdown took effect at 11:00 AM on Friday, impacting 10 cryptocurrencies traded in the USDT market. Regulatory Investigation Triggers Closure The Korea Financial Intelligence Unit (FIU) began an on-site investigation at Bithumb on October 1, 2025. The probe focused on whether the exchange’s order-book sharing might create loopholes in anti-money laundering protocols. The FIU examined weaknesses in Know Your Customer procedures and Travel Rule compliance, particularly when collaborating with overseas exchanges…

Get ready for a massive boost in decentralized finance! DWF Labs just announced a groundbreaking $75 million DeFi investment fund that’s set to revolutionize the cryptocurrency space. This massive commitment signals strong confidence in the future of decentralized technologies and could accelerate innovation across multiple blockchain networks. What Makes This DeFi Investment Fund So Significant? The $75 million DeFi investment fund represents one of the largest dedicated allocations to decentralized finance this year. DWF Labs plans to deploy this capital across four major blockchain ecosystems: Ethereum, BNB Chain, Solana, and Base. This strategic approach ensures broad coverage of the most…