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redefined is a non-custodial, cross-chain wallet focused on user experience. It allows users to view all of their tokens across all EVM-compatible blockchains in one place. The app includes features such as an integrated fiat on/off ramp and a secure monitoring system.
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Stellar CMO: The Crypto Industry Must Move Away from "Get-Rich-Quick Narratives" Toward "Get Rich Slow" to Win Mainstream Trust
Odaily Planet Daily reported that Jason Karsh, the new Chief Marketing Officer of the Stellar Development Foundation, stated that for the crypto industry to achieve mainstream adoption, it must shift from short-term speculation and "hype cycles" to long-term value creation, emphasizing that "get rich slow" is the key path to building trust.Karsh pointed out that the industry's long-standing reliance on obscure jargon and technical terminology has actually widened the cognitive gap with average users. He believes that crypto "peaked too early in the public eye" due to the speculative frenzy, distorting its true value potential. He emphasized that the real opportunity lies in rebuilding the global financial infrastructure to enable more efficient value transfer and storage. Meanwhile, the Stellar Development Foundation, which has consistently focused on payment and cross-border financial applications since 2014, is now benefiting from the gradual regulatory recognition of stablecoins and tokenized assets.Karsh called stablecoins "the first killer app," but also noted that there is still a barrier to public understanding, suggesting they be redefined as "programmable dollars." He stated that the industry's future goal is to drive trillions of dollars in assets onto the blockchain, but the key lies in rebuilding trust at both the product and narrative levels, rather than relying on token issuance to drive growth. He concluded that the next wave of crypto growth will come from replacing traditional financial infrastructure, not just speculative cycles, but in the short term, the industry must first prioritize the foundational adoption phase of "attracting 100 million real users." (CoinDesk)
Andre Cronje: DeFi Is No Longer Decentralized, Industry Divided Over Security Path Centered on "Circuit Breakers"
Andre Cronje stated most current decentralized finance (DeFi) protocols no longer qualify as "DeFi in the strict sense" and are closer to commercial systems operated by teams. This has sparked industry division over whether "circuit breakers" should be introduced to mitigate attack risks.In an interview, Andre Cronje pointed out that early DeFi centered on immutable smart contracts, but today many protocols rely on upgradeable contracts, multi-signature permissions, off-chain infrastructure, and manual operational processes. In essence, they have transitioned from "immutable public goods" to "operable, for-profit businesses." He noted that against the backdrop of recent security incidents, including DeFi attacks involving approximately $280 million and $293 million, industry risks have expanded from simple smart contract vulnerabilities to "Web2-style risks" such as infrastructure issues, permission controls, and social engineering attacks.Regarding risk management, Cronje's firm Flying Tulip recently introduced circuit breakers that delay or queue withdrawals during abnormal fund outflows, providing an emergency response window of about six hours to prevent systemic bank runs and further losses.However, this mechanism has also sparked controversy. Michael Egorov believes that circuit breakers may introduce new centralized attack surfaces. If controlled by signers or administrators, they could instead become new security vulnerabilities or sources of freezing risk. He emphasized that DeFi design should minimize human intervention rather than increase manual control points. Industry analysts pointed out that this debate essentially reflects how DeFi is shifting from the ideal model of "code is law" toward a practical architecture of "hybrid governance plus operational control," while the security boundaries are being redefined. (Cointelegraph)