DeFi Development Corp proposes $20 million preferred stock offering to buy more SOL

For sophisticated crypto desks, the bottleneck has rarely been finding liquidity, but rather moving capital fast enough to use it. A fund running active books across the largest CEXs operates multiple separate balance sheets that don’t talk to each other. Every account must be funded to meet worst-case requirements. Collateral can’t be netted across venues….

CEO Sumit Gupta had told X users on Wednesday that early reports of a breach sounded like “a false alarm.” Source: www.theblock.co Read Full Story

Term vault proposals face a seven-day delay and can be vetoed by liquidity providers, yet those controls apparently did not stop the exploit. Source: www.theblock.co Read Full Story

Three bets totaling about $173 were placed before news outlets reported Zacharia’s pick and are expected to pay out roughly $9,600 combined. Source: www.theblock.co Read Full Story

Brazil’s Wealth High Governance Asset Management held about $24 million worth of 21Shares’ HYPE fund as of the end of June, the top HYPE ETF holder. Source: www.theblock.co Read Full Story