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Arbitrum DAO Elects Six New Security Council Members Amid Ongoing Kelp Fallout

DeFi The Defiant Explainers 2026-05-05 17:40

The Security Council has been in the spotlight in recent weeks after its decision to freeze over 30K ETH connected to the Kelp bridge exploit.

Toncoin Surges as Telegram Takes Direct Control of TON Network

DeFi The Defiant Explainers 2026-05-05 17:40

Pavel Durov says Telegram will replace the TON Foundation and become the network's largest validator as part of a ‘Make TON Great Again’ roadmap.

Securitize Taps Jump and Jupiter to Launch Regulated Trading for Tokenized Equities

DeFi The Defiant Explainers 2026-05-05 17:20

The three-way partnership pairs Securitize's broker-dealer rails with Jump's PropAMM liquidity engine and Jupiter's Solana-wide aggregation layer.

Drift Sets Out Token-Based Recovery Framework for $295M April Exploit

DeFi The Defiant Explainers 2026-05-05 16:40

The Solana-based perpetuals exchange will issue burn-on-redeem recovery tokens funded by exchange revenue, a $127.5M Tether commitment, and another $2...

Stellar Gets Its First Regulated, Yield-Bearing Stablecoin with YLDS Launch

DeFi The Defiant Explainers 2026-05-05 14:40

YLDS is an SEC-registered, USD-pegged stable asset from Figure.

Coinbase Cuts ~14% of Workforce, Restructures as AI-Native Organization: Brian Armstrong

DeFi The Defiant Explainers 2026-05-05 14:20

Coinbase CEO Brian Armstrong announced a ~14% workforce reduction and major organizational restructuring to operate as an AI-native company with flatt...

Maple Deploys Yield-Bearing SyrupUSDC Across Kraken's Ink Ecosystem

DeFi The Defiant Explainers 2026-05-05 13:20

Ink's TVL saw a sharp decline after the Kelp DAO bridge exploit last month.

Polygon Launches Shielded USDC and USDT Payments

DeFi The Defiant Explainers 2026-05-04 20:00

The Polygon wallet now offers a "Privately Send" option that hides sender, receiver, and amount onchain, with KYT screening built into every transfer.

Bitcoin Tops $80,000 As ETF Bid Returns

DeFi The Defiant Explainers 2026-05-04 18:40

The crypto rally extended into Monday, with traders pricing in the CLARITY Act compromise and Trump's "Project Freedom" Hormuz operation.

World Liberty Financial Sues Justin Sun for Defamation

DeFi The Defiant Explainers 2026-05-04 17:40

The move is the latest in an escalating feud and comes just weeks after Sun filed a lawsuit against World Liberty Financial for freezing his WLFI, alo...

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