DeFi News page 10

Democratic senator says pushing the market structure bill too fast risks derailing bipartisan progress on digital asset regulation Senator Ruben Gallego has warned that a hasty vote on the CLARITY Act could jeopardize the legislation's chances of becoming law.

The exchange reports it intervened within 48 hours to block an attempt to hijack a decentralized organization's voting process. Binance says it played a role in stopping a governance attack on a decentralized autonomous organization, or DAO, worth approximately $1.2 million.

Maple's lending book has grown to $1.9 billion, placing it just behind Tether among crypto credit providers. Maple Finance has become the second-largest crypto lender by outstanding loans, according to reports published August 19. Only Tether now sits ahead of it in the lending rankings, based on figures cited by CryptoBriefing and The Cryptonomist.

President calls for a 'fair version' of the market structure bill during a White House crypto event, as the measure faces resistance in the Senate. President Trump called on Congress to pass the CLARITY Act, legislation designed to establish clear regulatory boundaries for digital assets.

Executive says stablecoin-funded card transactions are settling with merchants who have no idea digital dollars are involved. Rain's chief executive said stablecoin-based payments are now reaching over 100,000 merchants without those businesses realizing it. The remarks were reported separately by The Block and PYMNTS Blockchain on August 19.

The cross-chain liquidity network suspended operations following a bitcoin-focused breach reported by multiple outlets. Maya Protocol, a cross-chain liquidity network built to facilitate native asset swaps, has suspended its operations. The move followed an exploit that resulted in the loss of approximately $1.7 million in Bitcoin, according to CryptoBriefing.

Institutional demand through Fidelity's platform persists even as broader Bitcoin ETF flows turn negative. Fidelity clients bought $23.92 million worth of Bitcoin in a recent single-day session, according to CryptoBriefing. That figure formed part of a larger two-day total of $134 million in Bitcoin purchases attributed to Fidelity clients, reported separately by CryptoBriefing and AMBCrypto.

The OCC is targeting November for final rules as three federal regulators move in tandem to implement the new stablecoin law. The Office of the Comptroller of the Currency, the Federal Deposit Insurance Corporation, and the National Credit Union Administration are each developing stablecoin rules tied to the GENIUS Act.

The integration lets users trade leveraged crypto perpetual contracts directly inside Coinbase's Base App using Hyperliquid's infrastructure. Coinbase has added support for leveraged crypto perpetual contracts inside its Base App, according to reports from Decrypt and CryptoBriefing. The feature is powered by Hyperliquid, a decentralized exchange protocol known for its perpetual futures infrastructure.

On-chain data cited by Bitcoin.com News shows large holders accumulating after months of net selling. Bitcoin.com News reported on August 19 that large bitcoin holders added approximately 43,000 BTC to their combined balances. The outlet described the accumulation as the end of a selling period that had stretched across several months.

A morning briefing from Decrypt and Yahoo Finance flags a shift in the regulator's posture toward digital assets. Decrypt and Yahoo Finance published near-identical morning briefings on August 19, both titled around the theme of the SEC bringing clarity to crypto.

On four separate stories published within hours of each other, two outlets each gave an account that directly contradicts the other, and neither side carries a primary document to settle it. On four separate stories published within hours of each other, two outlets each gave an account that directly contradicts the other, and neither side…

The synthetic dollar issuer looks past crypto funding rates to widen how USDe is collateralized Ethena Labs has added a $1 billion credit facility from FalconX to support its USDe stablecoin, according to reports from CoinDesk and CryptoBriefing.

Garlinghouse addressed the company's ambitions to modernize traditional finance infrastructure alongside talk of a future public listing. Ripple CEO Brad Garlinghouse discussed the company's direction in remarks covered separately by CoinGape and Finbold on August 19.

Crypto Economy and Cointribune EN identify John Thune as Senate Majority Leader scheduling the CLARITY Act cloture vote, while CryptoBriefing refers to Chuck Schumer as Senate Majority Leader in the same context. Crypto Economy and Cointribune EN identify John Thune as Senate Majority Leader scheduling the CLARITY Act cloture vote, while CryptoBriefing refers to Chuck…

A freeze order halts movement of crypto assets valued at roughly $58 million while a transfer disagreement is resolved A Singapore court has issued an order freezing cryptocurrency assets valued at S$75 million, or approximately $58 million, according to reports from crypto.news and Cryptopolitan.

Three of today's stories have an actual mechanism attached to money before US markets open; the rest are commentary. Three of today's stories have an actual mechanism attached to money before US markets open; the rest are commentary.

Total stablecoin holdings on exchanges slid to $64 billion, with Binance capturing a larger share of what remains. Stablecoin reserves sitting on cryptocurrency exchanges have fallen sharply, dropping 20% to reach approximately $64 billion.