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Midas brings yield-bearing US Treasury exposure to Algorand’s DeFi ecosystem

Tokenization protocol Midas has launched a tokenized U.S. Treasury bill on the Algorand blockchain, offering European investors retail access to yield-bearing government bonds with no minimum investment. According to a May 29 announcement from the German-origin firm, mTBILLs, which represents a tokenized certificate referencing short-term U.S. Treasury exchange-traded funds, was now live on the Algorand…

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BIMA and exSat partner to expand BTC-backed DeFi

BIMA, a decentralized finance protocol focused on Bitcoin-backed stablecoins and yield strategies, has partnered with exSat, a Bitcoin banking provider and layer-2 network, to help accelerate the adoption of Bitcoin-based DeFi. The two platforms announced their strategic partnership on May 28, 2025 amid the high-profile Bitcoin (BTC) conference in Las Vegas, BIMA and exSat’s quest…

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RedStone powers RWA access on Solana with Drift integration

RedStone, the oracle provider behind several real-world asset initiatives, has expanded to Solana, unlocking institutional-grade asset data for DeFi builders.  The integration brings tokenized funds like Apollo’s ACRED and BlackRock’s BUIDL onto Solana’s (SOL) high-speed network through a partnership with Securitize and Wormhole Queries. This move marks a shift from simple asset tokenization to full…

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RedStone powers RWA access on Solana with Drift integration

RedStone, the oracle provider behind several real-world asset initiatives, has expanded to Solana, unlocking institutional-grade asset data for DeFi builders.  The integration brings tokenized funds like Apollo’s ACRED and BlackRock’s BUIDL onto Solana’s (SOL) high-speed network through a partnership with Securitize and Wormhole Queries. This move marks a shift from simple asset tokenization to full…

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Cork Protocol falls victim to $12m exploit, 3,760 wstETH stolen

Hackers targeted a wrapped staked Ethereum contract, stealing tokens worth around $12 million. Decentralized finance platform Cork Protocol reportedly suffered a major exploit. On Wednesday, May 28, security firm SlowMist highlighted a potential smart contract vulnerability involving 3,760 wrapped staked Ethereum (wstETH) tokens. We are investigating a potential exploit and are pausing all contracts. We…

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