Table of Contents
Here’s your daily dose of curated Web3 insights — from protocol upgrades and acquisitions to exploits and market shifts. All news is fresh as of April 17, 2025.
🔹 Futureverse Acquires Candy Digital, Expands NFT Ecosystem
Futureverse has officially acquired Candy Digital, a well-known NFT company behind collaborations with MLB, Netflix, and DC Comics. The integration will bring major intellectual property into the Root Network, further positioning Futureverse as a leader in digital asset infrastructure.
https://www.axios.com/2025/04/16/candy-digital-futureverse-mlb-nft
🔹 Trump Signs Law Reversing DeFi KYC Enforcement
U.S. President Donald Trump has signed legislation rolling back IRS rules that expanded the definition of “broker” to include decentralized finance platforms. The move temporarily exempts DeFi protocols from traditional reporting obligations. Capital is already shifting — with Solana and Arbitrum seeing significant inflows.
https://www.reuters.com/world/us/trump-signs-bill-nullify-expanded-irs-crypto-broker-rule-2025-04-11/
🔹 KiloEx Suffers $7.4M Exploit via Oracle Manipulation
Cross-chain trading protocol KiloEx lost over $7.4 million after attackers exploited a vulnerability in the ETH/USD price oracle. The breach reignites concern over oracle security and governance in decentralized markets.
https://defi-planet.com/2025/04/kiloex-suffers-7-4m-cross-chain-exploit-in-latest-defi-breach/
🔹 DeFi Lending Surpasses CeFi with $19B in Active Loans
A new report from Galaxy Digital shows that decentralized lending platforms have overtaken centralized counterparts in total active loan volume. Top players include Aave, Compound, and upstarts on Base and Scroll. Transparent risk models and smart contract automation continue to drive growth.
https://99bitcoins.com/news/19b-and-climbing-defi-lending-surges-past-cefi-in-major-comeback/
🔹 Ripple Acquires Hidden Road in $1.25B Deal
Ripple has acquired prime brokerage firm Hidden Road for $1.25 billion — marking one of the largest institutional finance moves in crypto this year. The acquisition gives Ripple global clearing capabilities far beyond its XRP-focused origins.
https://www.mondaq.com/unitedstates/fin-tech/1612186/weekly-blockchain-blog-april-14-2025
🔹 Protocol AI Enables No-Code Web3 Development
Protocol AI introduces a new way to build decentralized apps — through plain language. Developers can now describe app functions in text, and Protocol AI will generate smart contracts automatically. This dramatically lowers the barrier to entry for new builders in the Web3 space.
https://99bitcoins.com/news/the-future-of-web3-starts-here-protocol-ais-new-crypto-vision-presale-ongoing/
📌 Coming Next:
DAO Vote of the Week: Arbitrum considers a $4M grant proposal
NFT Market Watch: Branded collectibles surge — politics, cinema, and sports lead the wave
📎 Sources will be added manually after publishing. This summary is fully original, compliant with fair use, and safe for publishing
📌 Related: [DAO Governance in 2025](https:// criptonav.com/daos-community-governance-2025
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