Federal Decree Law No. 6 expands the UAE central bank’s authority over DeFi, ending the “just code” defense and imposing penalties of up to $272 million. A new financial law in the United Arab Emirates is set to bring decentralized finance (DeFi) and the broader Web3 industry under regulatory parameters, signaling an important shift for the industry. The UAE’s new central bank law, Federal Decree Law No. 6 of 2025, introduces “one of the most consequential regulatory shifts” for the crypto industry in the region, Irina Heaver, a local crypto lawyer and founder of NeosLegal, told Cointelegraph. “It brings protocols, DeFi platforms, middleware, and even infrastructure providers into scope if they enable activities such as payments, exchange, lending, custody, or investment services,” Heaver said. Read more
The DeFi Education Fund estimated that decentralized finance technology could potentially save people up to $30 billion annually by reducing remittance costs. The DeFi Education Fund, an advocacy organization focused on decentralized finance, has proposed utilizing the technology to reduce costs, aiming to address poverty in the United States and globally. In a Wednesday blog post, the group said DeFi infrastructure could potentially save unbanked and underbanked people around the world about $30 billion annually through reducing remittance costs. The organization cited examples of workers sending funds home and paying fees to do so, which could be reduced “by up to 80%” with DeFi. “The poverty premium [the expenses incurred by low-income households that wealthier individuals are often able to access at a lower cost] persists because the current, layered, antiquated financial infrastructure makes it expensive to serve low-income customers profitably,” said the DeFi Education Fund, adding: Read more
Threshold has introduced upgrades to its tBTC bridge, which it claims will better position the $500 billion worth of Bitcoin held by institutions and whales to access DeFi opportunities. Crypto infrastructure platform Threshold has rolled out a major upgrade for its tBTC bridge, aimed at enticing institutions to put their billions of dollars worth of Bitcoin to work in decentralized finance protocols. Threshold’s latest upgrade now enables institutions to mint tBTC directly to supported chains in a single Bitcoin (BTC) transaction, without secondary approvals and without gas fees, while redemptions back to the Bitcoin network are equally as straightforward, Threshold said in a statement. Threshold’s head of marketing, Rizza Carla Ramos, went into more depth in an interview with Cointelegraph at the Web Summit in Lisbon this week, explaining that the feature improvements could incentivize more Bitcoin-holding institutions to put their BTC to work in DeFi instead of just letting it sit there and waiting for it...
Wrapped Bitcoin's move to Hedera brings tokenized BTC and increased liquidation to the network's growing decentralized finance ecosystem. Wrapped Bitcoin (WBTC), the largest tokenized version of Bitcoin, has expanded to the Hedera network — a move that could open the door to more decentralized finance (DeFi) options for BTC holders. The integration, announced Thursday, brings additional liquidity to Hedera, which already supports smart contracts and native tokenization and markets itself as a low-fee network with no frontrunning or miner-extractable value (MEV). Frontrunning and MEV are tactics where validators reorder transactions to profit at users’ expense — a problem Hedera’s consensus mechanism is designed to avoid. Read more
Balancer and Stream Finance incidents totaling over $200 million shook DeFi as RedStone and major Ethereum protocols launched reform initiatives. Balancer suffered one of the largest decentralized finance (DeFi) exploits on Monday, with more than $116 million in staked Ether and liquidity pool tokens drained from Balancer v2 contracts and several forks. The decentralized exchange (DEX) and automated market maker (AMM) investigated what appeared to be faulty access control in its smart contracts, which allowed the attackers to withdraw funds directly from liquidity pools. The exploit began with a $70 million loss, which ballooned to $116 million, primarily affecting liquid staking assets such as Lido’s wstETH and StakeWise’s osETH. Read more
Balancer and Stream Finance incidents totaling over $200 million shook DeFi as RedStone and major Ethereum protocols launched reform initiatives. Balancer suffered one of the largest decentralized finance (DeFi) exploits on Monday, with more than $116 million in staked Ether and liquidity pool tokens drained from Balancer v2 contracts and several forks. The decentralized exchange (DEX) and automated market maker (AMM) investigated what appeared to be faulty access control in its smart contracts, which allowed the attackers to withdraw funds directly from liquidity pools. The exploit began with a $70 million loss, which ballooned to $116 million, primarily affecting liquid staking assets such as Lido’s wstETH and StakeWise’s osETH. Read more
Despite a dip in active wallets and DeFi losses, blockchain gaming and decentralized finance continued to drive most Web3 activity last month. Blockchain gaming and decentralized finance (DeFi) remained the most active sectors in Web3 in October, despite a 3% decline in total daily active wallets to 16 million, according to a new report from DappRadar. Web3 gaming accounted for 27.9% of all decentralized application (DApp) activity over the past month, its highest share of the year, while DeFi maintained solid engagement at 18.4%, despite market volatility and ongoing regulatory pressure. The most widely used DApps include Raydium, Pump.fun, Jupiter Exchange, OKX Dex and PancakeSwap v2. Read more
RedStone expands beyond price oracles with Credora, integrating risk analytics across DeFi protocols Morpho and Spark. Modular oracle network RedStone launched Credora, a decentralized finance (DeFi)-native risk ratings platform aiming to bring transparency and credit analytics to lending protocols. RedStone said on Thursday that it had expanded beyond price feeds into the broader domain of credit, collateral and risk intelligence through its Credora acquisition in September. At launch, Credora by RedStone integrates with DeFi lending markets Morpho and Sparks to offer dynamic risk scores and default-probability analytics, accessible through an API. Read more
Yields and More maps out over $284 million in DeFi debt tied to Stream Finance, exposing complex loops across stablecoins and lending markets. Decentralized finance (DeFi) researchers mapped out more than $284 million in stablecoin exposure and outstanding loans linked to Stream Finance, following the protocol’s collapse. On Tuesday, a detailed post by DeFi group Yields and More (YAM) flagged dozens of lending markets and vaults, including platforms Euler, Silo, Morpho and Gearbox, that held positions connected to Stream’s synthetic assets, which include xUSD, xBTC and xETH. The data highlighted the extent of the fallout. Exposure loops involving Elixir’s deUSD, Treeve’s scUSD and other assets suggested that at least $284.9 million in overall debt is owed to lenders across various markets. This excludes indirect exposure via secondary vaults and other lending strategies. Read more