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Crypto-Native Asset Managers Grow From $1 Billion to Over $4 Billion in Onchain Capital

Crypto-native asset managers are becoming a significant force in decentralized finance. Firms such as Re7, Gauntlet, and Steakhouse Financial are leading the charge. Since January 2025, the on-chain capital they manage has surged from $1 billion to more than $4 billion. Crypto Asset Management Evolves According to a joint report by the analytics platform Artemis […]

SEC Chair Touts American DeFi Revolution as ETH Prices Pump 8% 

“The American values of economic liberty, private property rights, and innovation are in the DNA of the DeFi movement,” said SEC Chair Paul Atkins at the regulator’s latest Crypto Task Force Roundtable on decentralized finance on June 9. Atkins criticized applying “century-old regulatory frameworks” to DeFi and blockchain innovation, noting that current securities rules were […]

DappRadar: DeFi and NFT Upticks in May Could Mark Start of Recovery

As Bitcoin surged to a new all-time high in May, sparking momentum across cryptocurrencies, the decentralized app industry also saw a revival. In fact, DappRadar’s latest findings identify May 2025 as a turning point for the dapp sector. During the same period, the NFT market also saw signs of life. Turning Point for the Dapp […]

CZ Calls for Dark Pool Perp DEX to Shield Traders from Front-Running in DeFi

Binance founder Changpeng Zhao, better known as CZ, has floated the idea of a decentralized exchange (DEX) where order books and user positions are hidden to mitigate front-running and liquidation risks. The call comes amid renewed attention to Maximal Extractable Value (MEV), the practice of manipulating transaction ordering for profit. The Dark Pool Argument In […]

OKX Launches xBTC on Aptos Blockchain to Enhance Bitcoin-Backed DeFi

OKX, a blockchain technology company that also operates one of the largest crypto exchanges globally, is launching xBTC, a wrapped version of bitcoin (BTC) on the layer-1 blockchain Aptos. According to a press release sent to CryptoPotato, the launch will give Aptos users access to wrapped BTC without any minting or redemption fees required. OKX […]

Mobius Exploited for $2.1M While Scammers Breach Ledger’s Social Media 

The Mobius DeFi and real-world asset tokenization platform suffered a smart contract exploit on the BNB Chain on May 11, leading to the theft of $2.15 million in Mobius Tokens (MBU), reported blockchain security firm Cyvers. “Two minutes prior to the exploit, our system identified a deployment of a malicious smart contract that eventually targeted […]

Trump Signs Bill Repealing IRS DeFi Broker Rule in Crypto Industry Win

In a landmark move, US President Donald Trump on April 10 signed into law a resolution repealing the IRS’s controversial “DeFi Broker Rule” and effectively blocked expanded tax reporting requirements for decentralized finance platforms. The measure, introduced by Representative Mike Carey (R-Ohio) and supported in the Senate by Senator Ted Cruz (R-Texas), used the Congressional […]

AI and Social Dapps Lead Growth as Crypto Market Cools Post-Trump Election

In Q1 2025, the dapp industry maintained its strength despite a mild dip in activity. Although the crypto market had solid momentum leading up to Trump’s presidency, sentiment shifted quickly afterward and ended up triggering a decline in asset prices. Historically, such downturns reduce user engagement with decentralized applications. Still, daily unique active wallets (dUAW) […]