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Botanix Shuts Down Bitcoin L2 Spiderchain After Four Years

DeFi The Defiant Explainers 2026-06-10 14:40

Polychain-backed Botanix Labs is winding down its Spiderchain Bitcoin Layer 2 after a year of mainnet operation, citing insufficient demand for Bitcoi...

Aave Proposes Protocol-Wide Risk Framework After KelpDAO Exploit

DeFi The Defiant Explainers 2026-06-09 18:40

LlamaRisk has submitted two Aave governance proposals covering a four-layer protocol-wide risk standard and a PT oracle upgrade to Chainlink CRE. Foun...

Citrini Research Calls Hyperliquid a Compelling Investment, Citing Nearly Half of All Crypto Token Buybacks

DeFi The Defiant Explainers 2026-06-09 18:40

Citrini Research, known for moving AI equities with its reports, published an analysis calling Hyperliquid compelling, citing the protocol's Assistanc...

Humanity Protocol Loses $36M After Foundation Laptop Is Compromised, Token Drops Nearly 70%

DeFi The Defiant Explainers 2026-06-09 18:20

An attacker compromised a Humanity Protocol foundation member's private keys, drained 17-plus Gnosis Safe wallets across Ethereum and BNB Chain, and m...

Arthur Hayes Says Bitcoin Cannot Rally Until the AI Bubble Bursts

DeFi The Defiant Explainers 2026-06-09 18:20

Arthur Hayes published a macro thesis arguing Bitcoin cannot rally until the AI stock bubble deflates, citing $1.5 trillion in AI debt issuance that a...

Polymarket World Cup Winner Markets Cross $1.8B in Volume as France-Spain Group Stage Opens

DeFi The Defiant Explainers 2026-06-09 18:20

Polymarket's 2026 FIFA World Cup prediction markets have accumulated more than $1.8 billion in cumulative trading volume as the tournament's group sta...

Lubin-Labeled Wallet Adds 110,000 ETH to Sky Vaults Backing $259M DAI Debt

DeFi The Defiant Explainers 2026-06-09 18:20

A genesis-block Ethereum wallet labeled "Joseph Lubin?" by Arkham Intelligence deposited 110,000 ETH into three Sky Finance vaults on Friday, shoring ...

OKX Adds Magnificent 7 Stocks, Commodities to European X-Perps Lineup

DeFi The Defiant Explainers 2026-06-09 18:00

OKX launched 13 new X-Perps markets in Europe on Monday, adding perpetual futures on all seven Magnificent 7 stocks, gold, silver, oil benchmarks, SPY...

Morpho Raises $175M in One of DeFi's Largest-Ever Funding Rounds

DeFi The Defiant Explainers 2026-06-09 16:40

Morpho Association has raised $175 million in a round co-led by Paradigm, a16z Crypto, and Ribbit Capital, with Apollo Funds and VanEck among the stra...

Janus Henderson Takes ENA Stake, Deploys Into USDe, Explores ETP Distribution in Four-Part Ethena Deal

DeFi The Defiant Explainers 2026-06-09 16:40

Janus Henderson Investors, the $480 billion asset manager, has announced a four-part partnership with Ethena covering CLO fund distribution, a strateg...

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