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'Coinbase Man' Token Crashes as Armstrong Swaps His Avatar for a CryptoPunk

DeFi The Defiant Explainers 2026-07-18 16:00

Coinbase CEO Brian Armstrong set his X profile picture to the artwork behind a Base memecoin, then replaced it with a newly acquired CryptoPunk. The $...

OKX Launches Tokenized US Stocks on Shared Order Book

DeFi The Defiant Explainers 2026-07-17 20:21

The exchange routes every issuer's version of a stock into one market backed by Backed Assets' xStocks, and bars US and EU traders.

Tokenized Stock Lending TVL Reaches $23M as DEX Volume Climbs

DeFi The Defiant Explainers 2026-07-17 19:20

Token Terminal data shows QQQ and SPY trackers gaining onchain trading and collateral use, but the totals remain a rounding error next to broader DeFi...

CASHCAT Falls 75% from Peak After Hyperliquid Perp Listing

DeFi The Defiant Explainers 2026-07-17 19:00

The Robinhood Chain memecoin's slide has erased most of a 4,000% run, even as its spot price held through a 60% perp wick that liquidated leveraged tr...

Ostium Vault Exploiter Routes 10,540 ETH to Tornado Cash

DeFi The Defiant Explainers 2026-07-16 17:40

Blockchain security firm PeckShield now puts the drain on Arbitrum perpetuals protocol Ostium at roughly $24M, above the up-to-$18M first estimated.

Visa Launches Stablecoin Platform Built on Open USD

DeFi The Defiant Explainers 2026-07-16 17:20

Crypto head Cuy Sheffield unveiled the platform, which Fortune reported will bring stablecoin services to more than 200 million merchants, initially t...

Ondo Finance Partners With SBI to Tokenize Japanese Assets

DeFi The Defiant Explainers 2026-07-16 15:40

The deal routes distribution through SBI's ecosystem and settles in the group's JPYSC yen stablecoin, connecting Japan's capital markets to onchain fi...

Dune Study for 1inch Finds 85% of Concentrated Liquidity Idle

DeFi The Defiant Explainers 2026-07-16 15:40

The onchain research, which 1inch commissioned, estimates out-of-range positions forgo about $150M a year in fees across seven chains.

Polygon Labs Cuts Staff Again as It Closes Coinme Deal

DeFi The Defiant Explainers 2026-07-16 15:40

CEO Marc Boiron said the reductions, the company's second round in 2026, accompany a shift from a blockchain foundation to a blockchain-enabled paymen...

Coinbase's Jesse Pollak Hands Base App to Cobie, Says Social Bet Was 'Definitively Wrong'

DeFi The Defiant Explainers 2026-07-16 14:40

The Coinbase executive is refocusing the largest Ethereum Layer 2 on trading, payments and AI agents after conceding its onchain-social push failed

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