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In a shocking blow to the decentralized finance (DeFi) sector, CrediX Finance, a promising lending protocol, has disappeared following a $4.5 million exploit on August 4, 2025. Blockchain security firm CertiK reported that attackers compromised the platform’s multisig admin and bridge wallets, minting unbacked tokens to drain liquidity pools. The stolen funds were bridged from Sonic to Ethereum, then spread …

Steak ‘n Shake, a leading U.S. fast-food chain, reported a 10.7% same-store sales increase in Q2 2025, attributing the surge to its adoption of Bitcoin payments, launched on May 16, 2025, across 393 U.S. locations. The initiative, announced via X as “Steaktoshi,” leverages the Bitcoin Lightning Network for fast, low-cost transactions, saving the company 50% in processing fees compared to …

Coinbase, the leading U.S. cryptocurrency exchange, rolled out decentralized exchange (DEX) trading for U.S. users (excluding New York) on August 8, 2025, enabling access to millions of tokens on the Base blockchain, as announced by CEO Brian Armstrong. This integration, live via the Coinbase app, allows seamless swaps across decentralized liquidity pools, bypassing traditional centralized order books. The move, part …

Acacia Research Corporation (Nasdaq: ACTG), a leader in acquiring businesses across technology, energy, and industrial sectors, announced a pioneering Bitcoin-backed commercial loan strategy on August 6, 2025, in partnership with Unchained Capital and Build Asset Management. This $20 million initiative enables small- and medium-sized U.S. businesses to secure loans using Bitcoin as collateral, offering dollar liquidity while preserving crypto ownership. …

World Liberty Financial (WLF), a decentralized finance (DeFi) platform endorsed by the Trump family, is exploring a $1.5 billion acquisition of a Nasdaq-listed shell company to hold its WLFI governance tokens, Bloomberg reported on August 8, 2025. This move, targeting major tech and crypto investors, aims to bridge DeFi with traditional finance, leveraging a public company’s regulatory transparency to boost …