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Crypto-News-Flash

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RWA in DeFi Just Crossed $10B as Institutions Join In

The total locked value (TVL) in Real-World Assets (RWA) in the decentralized finance (DeFi) sector has exceeded $10 billion.
Major protocols Maker RWA, BlackRock BUIDL, Ethena USDtb, and Ondo Finance have each surpassed $1 billion in TVL.
Institutional interest and blockchain scalability are driving the adoption of real-world assets in DeFi.
While RWA adoption is increasing, a recent security breach in the Zoth real-world asset restaking protocol highlights the ongoing challenge of security in tokenization.

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NullTX

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Suspicious Transaction and Security Breach Impact Zoth Platform, $8.4 Million Stolen

The decentralized finance platform Zoth has fallen victim to a significant security breach, resulting in the theft of $8.4 million worth of assets, sparking concern in the cryptocurrency community.
The breach was discovered by the Cyber Alert System and appears to have originated from a compromise of the platform's deployer wallet, leading to a suspicious transaction and the transfer of funds.
The attacker exploited vulnerabilities within the protocol, swiftly converting stolen assets into a stablecoin (DAI) and transferring them to an undisclosed address, making tracking difficult.
Zoth has taken immediate action by entering maintenance mode to investigate the breach, raising questions about the platform's security measures and overall safety of DeFi services.
The breach's total impact is still unknown, with ongoing efforts to track the stolen funds and identify the perpetrator, potentially involving blockchain forensics and cybersecurity experts.
Concerns remain regarding the recovery of the stolen tokens, as well as the DeFi ecosystem's vulnerability to security threats and the need for enhanced risk management practices.
The incident underscores the growing security risks in DeFi platforms, highlighting the importance of addressing weaknesses in smart contracts and implementing additional protections to deter potential attacks.
The Zoth breach serves as a wake-up call for improved security practices within the DeFi space, emphasizing the necessity for thorough audits and enhanced measures to safeguard user funds and platform integrity.
Amid ongoing investigations, the Zoth community remains vigilant, emphasizing the importance of account security and caution when engaging with digital assets in the wake of such security breaches.
The incident has raised concerns about the overall security of decentralized platforms and the need for proactive measures to mitigate risks associated with handling large sums of digital assets.
In light of the breach, there is a call for improvements in security protocols and risk management practices within the DeFi ecosystem to enhance user trust and protect against potential exploits.

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Pymnts

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SEC Acting Commissioner: Notice-and-Comment Rulemaking Will Be Applied to Crypto

The SEC Crypto Task Force held a roundtable focused on classifying crypto assets under federal securities laws.
SEC Acting Chairman, Mark T. Uyeda, emphasized the need for notice-and-comment rulemaking in classifying crypto assets.
SEC Commissioner, Hester M. Peirce, highlighted the importance of defining security status and addressing foundational questions about crypto assets.
SEC Commissioner, Caroline A. Crenshaw, welcomed diverse views and emphasized the need for policy to keep pace with new products and technologies.

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Bitcoinist

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Trump Declares Vision For America As The ‘Undisputed Bitcoin Superpower’

President Donald Trump outlined his aspirations for the United States to become a dominant force in the cryptocurrency sector.
He proposed the creation of a national stockpile of Bitcoin and a supportive legal framework for the crypto industry.
Trump also expressed support for stablecoin legislation to enhance the dominance of the US dollar in the digital economy.
However, his strategic reserve proposal for Bitcoin fell short of industry expectations, and external factors have affected market sentiment and Bitcoin's price.

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Global Fintech Series

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Quai Network Integrates with Frictionless Markets to Introduce Institutional Cash Solutions and Tokenized Financial Products

Quai Network integrates with Frictionless Markets to introduce institutional cash solutions and tokenized financial products.
This collaboration brings regulated financial instruments on-chain, setting the stage for a Quai-yielding Money Market Fund (MMF).
Frictionless Markets specializes in tokenized financial solutions tailored for institutional adoption.
The partnership enables institutional capital to access decentralized markets efficiently, providing stable, yield-generating opportunities integrated into a Proof-of-Work (PoW) ecosystem.

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Medium

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Skunk Games is Moving to a Unified Platform!

Skunk Games is moving to a unified platform.
Users can now connect to the unified platform using various platforms.
Nahmii 3.0 Testnet Incentives program rewards are being rolled out.
Skunk Labs is building an open, scalable, and game-driven Web3 world.

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Blockonomi

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Pump.fun Unveils PumpSwap With Zero Migration Fees and Future Revenue Sharing

Pump.fun is launching PumpSwap, a new decentralized exchange (DEX) with zero migration fees.
PumpSwap will implement creator revenue sharing to redistribute a portion of protocol revenue to token creators.
The platform aims to increase liquidity for traded coins, improving users' trading experience.
Coins completing their bonding curve will automatically migrate to PumpSwap, removing delays and the 6 SOL migration fee.

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Tokenhell

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Meme Coin Launchpad Pump.fun Launches Its Decentralized Exchange

Pump.fun, a popular token launchpad on Solana, has launched its decentralized exchange (DEX) called PumpSwap.
PumpSwap aims to improve the token migration experience and enable revenue sharing with token creators.
The DEX reduces token migration time and cost and improves liquidity for deployed tokens.
Pump.fun plans to implement a revenue-sharing model on PumpSwap, sharing a significant portion of fees with coin creators.

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Medium

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Unfolding the Secret of AI Image Analysis to Decentralize Trust

AI-powered verification and blockchain provide a solution to the trust issue in selling valuable digital assets.
AI Image Description Matcher provides a similarity score to prove asset authenticity without exposing the original file.
AI verification can create a trusted ecosystem where verified digital assets stand out and the risk of scams is reduced.
Incorporating AI-powered verification into decentralized applications ensures seamless and secure ownership, verification, and monetization of digital assets.

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Crypto-News-Flash

382

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Lace Wallet Integrates Bitcoin—Cardano Expands Multichain Capabilities

Lace Wallet has integrated Bitcoin, adding multichain capabilities and enhancing Bitcoin's utility in DeFi.
Cardano's Lace Wallet has integrated Bitcoin, simplifying user experience and supporting the vision of a unified platform for diverse blockchain networks.
Lace Wallet's Bitcoin integration simplifies Web3 interactions, allowing users to securely store, manage, and engage with Bitcoin within the wallet.
Lace Wallet's integration of Bitcoin reflects Cardano's strategy to expand its ecosystem and foster interoperability, contributing to the growth of Bitcoin-based decentralized finance.

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Bitcoinsensus

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Donald Trump Spoke at the Digital Asset Summit in New York City

Donald Trump spoke at the Digital Asset Summit in New York City.
Trump recalled the creation of the Bitcoin reserve and crypto stockpile, and simplifying crypto regulations.
He said that the BTC reserve will allow Americans to maximize the value of these assets.
He expressed support for the crypto community, industry, and leaders driving developments forward.

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Medium

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Magpie Protocol: Fixing DeFi’s Liquidity Fragmentation on Sonic.

DeFi faces a liquidity fragmentation issue due to scattered liquidity across multiple chains and DEXs, leading to high slippage and inefficient swaps.
Magpie Protocol aims to solve this problem by aggregating liquidity across chains, providing users with the best swaps, and introducing Boost, a unique rewards system.
Magpie supports on-chain swaps on various ecosystems like Ethereum, Sonic, Berachain, and others, positioning itself as a liquidity hub for DeFi.
Boost, launching on March 18, 2025, streamlines reward farming by automating the process and offering various benefits to users in Sonic's ecosystem.
Magpie's upcoming feature will enable permissionless cross-chain swaps, enhancing liquidity flow across ecosystems and positioning Sonic as a DeFi hub.
Magpie leverages deep liquidity for efficient trades on Sonic, ensuring the best swap prices and optimizing trade execution with proprietary routing algorithms.
Boost centralizes rewards, simplifying DeFi participation by offering automated rewards, including Magpie Fragments and Eggs, for users on Sonic.
Magpie's long-term goal is to be the primary liquidity aggregator across multiple ecosystems, connecting chains like Ethereum, Solana, and Sui.
Magpie outperforms competitors in real-world tests, providing better rates and savings for users, shaping the future of cross-chain DeFi.
Magpie redefines DeFi on Sonic and beyond by addressing liquidity fragmentation, enhancing trade execution, automating rewards, and unlocking cross-chain opportunities.

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Medium

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Mango Move Programming Model: A New Approach to Smart Contracts

Mango Move is a revolutionary programming model built on the Move Language, designed to address smart contract security and efficiency concerns in blockchain development.
Mango Move introduces resource-oriented programming, parallel execution, and formal verification, making it a secure, scalable, and high-performance solution for decentralized applications.
Mango Move eliminates risks associated with token duplication and double-spending, enforces static execution to prevent reentrancy attacks, and optimizes transaction execution with parallel processing.
With Mango Move, developers can build fast, secure, and scalable Web3 applications on Mango Network, making it ideal for DeFi, NFTs, and GameFi applications.

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Hackernoon

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Anti-dog Meme Advocate Says he Refuses to Fall Into the Rabbit Hole of Shooting to the Moon

Catswithouthats, an anti-dog meme advocate and gonzo economist, believes in cryptocurrencies as utilities and refuses to fall into the rabbit hole of shooting to the moon.
Decentralization means ownership, self-sustenance, and freedom. It allows a more personal and tailored internet experience with privacy.
Decentralization changes the internet by enabling collaboration, ground-up decision-making, and reducing single points of failure. Incentives, such as tokens, play a role in participation.
The biggest challenges in the way of the decentralized web include getting people actively involved and breaking away from the speculative nature of cryptocurrency.

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Medium

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We made it to Techstars Web3 Class of 2025!!

0xBridge, a decentralized finance ecosystem, has been selected for the prestigious Techstars Web3 Class of 2025.
eBTC (Extended Bitcoin) is a fully decentralized, censorship-resistant, and non-custodial asset pegged 1:1 to Bitcoin, unlocking interoperability and utility across DeFi chains.
Techstars provides 0xBridge access to a worldwide network of professionals, reducing the build lifecycle and opening doors to a wider institutional network of potential eBTC users.
0xBridge is closing in on its public testnet launch while participating in the Techstars Web3 Accelerator Program.

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