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Safe integrates DeFi Lending.
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69k users affected in Coinbase breach.
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Circles UBI V2 goes live on Gnosis Chain.
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Conduit introduces a dev suite.
Safe introduced a new DeFi yield solution integrated into Safe{Wallet}. Safe users can now access a Kiln-powered widget within the new “Earn” tab in the Safe dashboard to earn yield on their stablecoins, WBTC, WSTETH, and WETH. The implementation leverages DeFi lending protocols, including Morpho, allowing users to earn lending yields alongside MORPHO incentives. Upon deposit, users receive a non-transferable, soulbound share token representing their position and accrued rewards. Kiln handles automated compounding rewards, eliminating the need for manual reinvestment. The solution allows for the over $100 billion in assets held in Safe{Wallet} to access a secure, simplified, and DeFi-native yield-generating experience.
New information shared by the Maine Attorney General’s Office reveals that the Coinbase data breach, involving bribed overseas customer support agents, began as early as December 26, 2024. Attackers were able to access private user data over a period of several months, impacting a total of 69,461 individuals. The exposed information included names, addresses, phone numbers, emails, partial Social Security and bank account numbers, government ID images, and account-related data. Security researchers noted that they raised alarms about theft and insider threats for over six months, but Coinbase ignored or dismissed the warnings. Notably, Coinbase recently updated its user agreement to limit class action lawsuits, with the changes applying to disputes initiated after May 15, 2025—just one day before the breach was publicly disclosed.
Circles UBI, a protocol for implementing Universal Basic Income (UBI) through a decentralized, community-driven system, is now live on Gnosis Chain. Anyone can join Circles to accrue 1 CRC token per hour. CRC has a 7% annual depreciation to incentivize active circulation. CRC tokens exist as balances in smart contracts. Their transferability is governed by social trust connections: users must activate their accounts by establishing trust links with others. Trust enables 1:1 exchange of CRC between connected users. The Circles UBI V2 release builds on Circles v1, launched in 2020, with improvements aimed at making UBI more accessible.
Disclaimer: Content is for informational purposes only, not endorsement or investment advice. The accuracy of information is not guaranteed.
