Ripple’s RLUSD Stablecoin Gets Abu Dhabi Green Light
Ripple’s RLUSD stablecoin has received regulatory approval from Abu Dhabi Global Market. The approval comes as Ripple announces a $40 billion valuation following a $500 million investment round.
Category: Cryptocurrency
Aave’s bringing 5% yields to the Apple App Store
Aave Labs is launching a consumer-friendly app in Apple’s App Store that promises at least 5% interest on deposits. The move represents DeFi’s latest push to attract mainstream users beyond crypto-savvy professionals. The app will use stablecoins and Aave’s $30 billion protocol but faces the challen
DeFi Hacks and Macro Pressure: The Perfect Storm for Crypto Volatility
The recent Balancer hack reveals deeper structural vulnerabilities in DeFi protocols. Combined with macroeconomic headwinds, these security incidents create a challenging environment for crypto investors seeking stability.
Garden Finance’s $11M Exploit Exposes DeFi’s Centralization Problem
Garden Finance faces a $11 million exploit that exposes critical vulnerabilities in its solver system. The incident raises serious questions about DeFi centralization and previous allegations of North Korean money laundering through the platform.