Month: June 2025

Latin America Oil, Gas Deal Worth $75M Gets Tokenized as RWA Momentum Builds

The landmark acquisition of a working oil and gas facility in Latin America worth $75 million was completed using stablecoins and tokenized debt and equity through real-world asset specialist Global Settlement’s platform, the firm told CoinDesk. The purchase — orchestrated for Feniix Energy, a company that focuses on buying...
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Meta Pool, a Liquid Staking Protocol, Suffers $27M Exploit

Multi-chain liquid staking protocol Meta Pool suffered a smart contract exploit on Tuesday, resulting in the loss of $27 million. Blockchain security firm PeckShield reported that a bug in the protocol’s staking contract allowed users to freely mint mpETH, the protocol’s liquid staking token (LST). While an attacker managed...
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CoinDesk Indices, Sentora Unveil Stablecoin Overnight Rates to Mirror Money Market Tools

CoinDesk Indices and decentralized finance (DeFi) specialist Sentora are introducing a benchmark tied to overnight stablecoin lending rates, bringing on-chain markets one step closer to mainstream money markets. The CoinDesk Overnight Rates (CDOR) are designed to transform real-time borrowing activity into standardized rates, giving trading firms, exchanges, and protocol...
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a16z Bets Big on EigenLayer Again With $70M Token Buy to Back ‘EigenCloud’ Launch

Venture capital firm Andreessen Horowitz (a16z) has invested an additional $70 million in EigenLayer, Ethereum’s largest restaking protocol, to support the launch of EigenCloud, a new platform offering “verifiability-as-a-service” for developers, the companies said on Tuesday. The investment follows a16z’s $100 million Series B in Eigen Labs in February...
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No Ruling Yet—But Ripple And The SEC Just Made Their Next Move

The US Securities and Exchange Commission and Ripple Labs have asked the Second Circuit Court of Appeals to keep their dueling appeals on ice while they continue to persuade the trial judge that a hard-fought, four-and-a-half-year legal war should end in a $50 million settlement and the lifting of...
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This Meme Coin Skyrocketed by 13,000% in a Week: What Happened?

TL;DR One cat-themed meme coin hit an ATH after experiencing a massive bull run. Despite retracing from its peak, some industry participants remain optimistic, predicting that its market capitalization may explode to $1 billion. What a Pump The lesser-known meme coin aura (AURA) defied the negative trend in the...
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