DeFi News page 21

CEO Brian Armstrong unveiled a Slack-based tool that settles AI micropayments in about 200 milliseconds without subscriptions. Coinbase has developed a Slack bot designed to let artificial intelligence agents pay for services instantly, according to reporting on the new tool.

The company's stockpile of TRX tokens has grown past 711 million as its stock price climbs, though reports differ on the exact size of the gain. Tron Inc. has grown its corporate treasury to more than 711 million TRX, according to newly reported figures.

The crypto advocacy group widens its political footprint as digital asset policy heads into a pivotal election cycle Stand With Crypto has announced endorsements for 32 candidates seeking House seats in the 2026 midterm elections. The group framed the move as part of a broader push to influence federal crypto policy through direct political engagement.

The Animoca Brands-linked project will rely on Chainlink for data services as it builds toward the $19 billion tokenized real-world asset sector. NUVA has selected Chainlink to provide data infrastructure for its decentralized finance operations. The move was reported separately by CryptoBriefing, Coinfomania and CoinGape on August 24, 2026.

The Ethereum treasury company added to its holdings in its biggest single-week purchase in roughly seven weeks. Bitmine, the Ethereum-focused treasury company associated with Fundstrat co-founder Tom Lee, purchased approximately $81 million worth of ETH over the past week.

The company's latest purchase puts it at roughly 97% of its previously announced Ethereum accumulation goal. BitMine's Ethereum holdings have reached approximately 5.85 million ETH, according to figures reported this week. The latest addition to its treasury brings the firm within striking distance of a self-stated accumulation target.

Dollar-pegged tokens have become a quiet escape valve for capital in inflation-hit economies, raising the question of whether that flow can ever reverse. Stablecoins have quietly reshaped how money moves in and out of Latin America. Tokens pegged to the U.S.

Analysts say Circle's growth story does not depend on passage of the stablecoin market structure bill. Bernstein has restated its $140 price target for Circle, the company behind the USDC stablecoin, according to reporting from crypto.news and The Block.

A power dispute has cut electricity to Tether-linked bitcoin mining sites worth roughly $120 million in Uruguay. Tether's bitcoin mining business in Uruguay has run into a serious setback. Reports indicate a dispute over power supply led to electricity being cut to mining sites valued at roughly $120 million.

Paolo Ardoino points to growing use of the dollar-pegged stablecoin in economies facing currency instability. Tether CEO Paolo Ardoino said adoption of the company's USDT stablecoin is increasing across four countries, according to a report from crypto.news.

The Ethereum lending protocol was drained after an attacker reportedly acquired governance votes for as little as 2 ETH. Term Finance, a lending protocol built on Ethereum, has suffered an $8.5 million loss. CoinDesk and CryptoBriefing both reported the incident on August 24, 2026, describing it as a governance-based attack rather than a traditional smart…

Japanese financial giant SBI joins investors funding Fasset's push into stablecoin-based payments Fasset, a neobank built around stablecoin infrastructure, has reached a $1 billion valuation. The milestone follows an investment from SBI Group, the Japanese financial conglomerate known for its diversified holdings across banking, brokerage, and crypto ventures.

Attackers reportedly drained Ethereum-based vaults after manipulating protocol governance controls. A decentralized finance lending protocol has lost an estimated $8.5 million in a governance exploit, according to multiple reports published this week. The attack drained vaults built on Ethereum, marking one of the more notable DeFi security incidents of the year.

AMBCrypto's weekly market review places the memecoin, the pump.fun token, World Liberty Financial and exchange HTX among the week's notable movers. AMBCrypto's latest weekly market review highlighted four names that stood out among crypto's winners and losers: PEPE, PUMP, WLFI and HTX.

ARK Invest's founder says Wall Street analysts do not understand the stablecoin issuer's business model. Cathie Wood has kept buying Circle shares through a steep decline, according to reports from BeInCrypto and Yahoo Finance. The stock has dropped 42% from earlier levels this year.

Bessent has criticized his predecessor's debt-issuance strategy while outlining plans to change how the Treasury manages the bond market. Treasury Secretary Scott Bessent has publicly criticized the debt-management strategy pursued by his predecessor at the department. According to a report from CryptoBriefing, Bessent is now targeting broader reforms to how the U.S. bond market functions.

The Wyoming senator says banking industry pressure is slowing the crypto market structure bill's path through Congress. Senator Cynthia Lummis has publicly accused banks of interfering with progress on the CLARITY Act, according to reports from CryptoBriefing and The Cryptonomist.

A governance exploit let the attacker take command of vault operations, draining an estimated $8.5 million. Term Labs suffered an estimated $8.5 million loss on August 23 after an attacker exploited a flaw in its governance system.