Author

Ada Michael

@ada-michael · 1918 live articles · Page 4

Ada Michael is a DeFi writer and research contributor at DefiLiban, where she covers decentralized finance, blockchain infrastructure, token economies, and crypto market behavior. Her work focuses on breaking down complex DeFi systems, liquidity mechanics, yield strategies, on-chain analytics, and emerging blockchain trends into accessible research-driven content for both retail and experienced crypto readers. Before joining DefiLiban, Ada worked across crypto research, fintech content strategy, and blockchain education initiatives related to digital assets and decentralized technologies. She holds a B.Sc. in Economics from the University of Lagos and has completed additional certifications in DeFi, blockchain analytics, and financial storytelling. Ada’s writing combines analytical depth with practical market insight, with a particular interest in DeFi adoption, protocol design, and behavioral trends within digital asset markets.

Liquidity

XRP ETF Imbalance: US Funds Outperform Token Surge by 100%

An unusual XRP ETF imbalance has surfaced in market chatter, with select US XRP-linked funds reportedly outperforming the token's own surge by as much as 100%, pointing to a widening gap between fund-level flows and spot momentum.

Sep 5·3 min read·By Ada Michael

News

Wyoming Puts Stablecoin Reserves Onchain With Less Than $1 Million Outstanding

Wyoming has pushed reserve reporting for its state-issued stablecoin onchain, giving anyone a verifiable, real-time view of the assets backing the token while less than $1 million of it remains in circulation.

Sep 3·2 min read·By Ada Michael

Protocols

Solana Fees Hit Record High as Validators Speed Inflation Cuts

Solana fees reached a record high as validators moved to double the pace of the network's disinflation, tying surging on-chain revenue directly to a governance-driven cut in SOL issuance.

Sep 2·3 min read·By Ada Michael

Yield

Nomura's Laser Digital Enters DeFi Fixed Income Strategy With Keyring and Euler

Laser Digital and Keyring have announced a strategic partnership to create institutional fixed income products, according to a partnership announcement . Laser Digital operates as a digital asset business connected to Nomura, giving the strategy a traditional-finance parent rather than a crypto-native origin.

Sep 2·2 min read·By Ada Michael

News

Citi, Goldman and Other Financial Firms Team Up on Stablecoin Venture

A group of major international financial institutions, reported to include Citi and Goldman Sachs, is teaming up to establish a stablecoin venture, marking one of the more coordinated pushes by incumbent finance into dollar-backed digital money rails.

Sep 1·3 min read·By Ada Michael

Yield

Firelight Raises $8M to Backstop DeFi Vaults With Staked XRP

Firelight has raised $8 million to fund a backstop for DeFi vaults built around staked XRP, positioning the protocol as a risk buffer layer for onchain yield strategies rather than a yield venue itself.

Sep 1·3 min read·By Ada Michael

News

Singapore Stablecoin Proposal: 100% Reserves, No Yields

Singapore's central bank has proposed that stablecoin issuers hold 100% reserves against their tokens and stop offering yield to holders, a Singapore stablecoin proposal that would force issuers to compete on safety rather than returns.

Sep 1·2 min read·By Ada Michael

Risk

Cronos Halts Blockchain After $75M Tectonic Exploit

Cronos halted its blockchain following a reported $75 million exploit against Tectonic, the lending protocol built on the network, with the chain stop serving as the immediate containment action while teams assessed the damage.

Sep 1·2 min read·By Ada Michael

Infrastructure

Fogo Mainnet Halt Extends to 46 Hours With No Restart Timeline

Fogo's mainnet has remained halted for roughly 46 hours with no public restart timeline, leaving block production stalled and the chain's applications, validators, and users waiting on an operator update before normal settlement can resume.

Sep 1·3 min read·By Ada Michael

Risk

Balancer Warns Legacy V1 LPs to Exit After Pool-Draining Bug | DefiLiban

Balancer has warned its legacy V1 liquidity providers to withdraw their capital after a pool-draining bug surfaced in older pool contracts, framing the issue as an immediate exit event for LPs still parked in the protocol's earliest deployments rather than a routine upgrade.

Sep 1·2 min read·By Ada Michael

Protocols

Hyperliquid-Kraken U.S. Perpetuals Talks: What Bloomberg Report Means

The reporting, attributed to Bloomberg and relayed by Decrypt , frames the discussions as advanced but not concluded. The counterparties named are the DeFi perpetuals venue Hyperliquid and Payward, the corporate parent of exchange Kraken.

Sep 1·3 min read·By Ada Michael

Risk

North Korean Hackers Move Tens of Millions on Hyperliquid

The scale alone is material enough to frame this as a security and market event rather than routine order flow. For related coverage, see DeFi Market Update: TVL, Liquidity and Protocol Activity Overnight | September 1, 2026 .

Sep 1·3 min read·By Ada Michael