Botanix Shutdown Exposes Bitcoin DeFi’s Demand Problem
For years, Bitcoin DeFi has been sold as the next major expansion of the Bitcoin economy. The idea was simple: Bitcoin would remain the world’s hardest monetary asset, but holders…
Freezing Stolen Funds in DeFi: The Moment Decentralization Hits Its Limit
Freezing Stolen Funds in DeFi: The Moment Decentralization Hits Its Limit The recent decision by Arbitrum to freeze attacker-linked funds following a major exploit has reignited one of the most…
DeFi TVL Drop Masks Leverage Unwind as KelpDAO Exploit Triggers Risk Repricing Across Protocols
KelpDAO Exploit Triggers $13 Billion DeFi TVL Drop as Aave Sees $8.45 Billion in Outflows KelpDAO suffered a $292 million exploit over the weekend, triggering a sharp decline in decentralized…
Vitalik Buterin Questions DeFi Lending Built Around USDC
Vitalik Buterin just did what he rarely does this bluntly: he drew a hard boundary around what he considers “real” DeFi. And it’s awkward, because his line cuts straight through…
DeFi Fees, Incentives, and the Search for Sustainable Cost Models
Decentralized finance didn’t start as a gimmick. It wasn’t chasing novelty points or trying to out-engineer Wall Street for fun. It came out of irritation. Real irritation. Frustration with opaque…