Crypto News. May 16, 2025

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DeFi

For the first time, BlackRock directly integrates with DeFi through Euler. Black BUIDL's sBUIDL will be live on Euler on the Avalanche chain. As the largest tokenized treasury fund, valued at nearly $3 billion, BUIDL's sBUIDL token can now be used as collateral on Euler.

Developed by Re7 Labs, this integration allows users to earn AVAX rewards by borrowing USDC or AUSD against sBUIDL, in addition to the yield from the BUIDL fund.

FTX to distribute over $5B to creditors on May 30

Coinbase security was breached after their support agents got bribed, exposing customer KYC

Mastercard partner with Moonpay to launch a global stablecoin card for crypto payments at 150M merchants worldwide

Starknet upgraded to Stage 1 zk Rollup which makes it more decentralized: no central control and anyone can verify blocks