Analysis Archive – Page 21

Morpho Raises $175M From a16z and Paradigm to Build Onchain Credit
Lending protocol Morpho raised $175M led by Paradigm, a16z crypto, and Ribbit Capital. It already holds ~$11B in deposits and powers Coinbase and Kraken loans.

Ethena Teams With $480B Janus Henderson on Tokenized CLO Funds
Ethena has partnered with $480B asset manager Janus Henderson to allocate and distribute tokenized CLO funds, pushing structured credit onchain.

Japan's Three Megabanks Plan a Joint Stablecoin for FY2026
MUFG, SMBC, and Mizuho are targeting a joint stablecoin launch in FY2026, Nikkei reports, with a yen token first and a dollar version due late 2026.

Humanity's $36M Exploit Traced to a Multisig on One Laptop
A CoinDesk post-mortem says the Humanity Protocol drain happened because its multisig signing keys all lived on a single compromised laptop. The lesson for self-custody.

Trump Family Cleared at Least $2.3B From Its Crypto Ventures, Reuters Says
Reuters puts the Trump family's crypto profit at a minimum of $2.3 billion across its main ventures, landing while the market sits in Extreme Fear.

SBI Shinsei Bank Will Pay Depositors in BTC, ETH, and XRP
SBI Shinsei Bank, a roughly 1 trillion yen Japanese lender, plans to reward depositors in Bitcoin, Ether, and XRP, pushing crypto rewards into regulated banking.

Bitso's Peso Stablecoin MXNB Goes Live on Base
Base says MXNB, a Mexican peso stablecoin from Bitso, is launching on the network, adding a local-currency option to its growing stablecoin roster.

Circle's cirBTC Goes Live on Ethereum for Institutional DeFi
Circle launched cirBTC, a 1:1 bitcoin-backed token, on Ethereum for institutional DeFi collateral. Here is what the USDC issuer's move into tokenized BTC means.

Yuga Labs Rescues 68 NFTs Including 29 Bored Apes From a Flooring Exploit
Yuga Labs says it pulled 68 NFTs, among them 29 Bored Apes and 2 CryptoPunks, out of a Flooring Protocol exploit. The rescue underlines pooled-custody risk in DeFi.

Humanity Protocol Wallets Drained for $19M, H Token Falls 80%
Wallets linked to Humanity Protocol were drained for more than $19 million and the H token fell over 80%, per WuBlockchain. Here is what is known so far.
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