DeFi
stETH Recovers ETH Peg Post Merge but Redemption Locked Till Shanghai Update
Stabilized stETH signals a return to healthier market after Terra induced extreme market conditions.
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DeFi
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DeFi
DeFi
Uniswap Diamond Gets Largest Portion of Foundation’s First $1.8M Grant
Uniswap Diamond becomes the single-largest recipient of the Uniswap's first wave of grants, with the project set to receive $808,752 of the total $1.8 million.
Policy
LUNA Drops 40% as Arrest Warrant Issued for Do Kwon and 5 Others
A court in South Korea issued arrest warrants for Do Kwon and 5 others in connection with capital market crimes.
DeFi
Tether Launches USDT on NEAR, 13th Blockchain to Support the Stablecoin
Tether launched USDT on NEAR Network, marking the 13th blockchain to announce support for the world's largest stablecoin.
DeFi
Why the Company Behind ENS is Suing GoDaddy, Claiming Loss of Livelihood
True Names Ltd. files suit against GoDaddy over the alleged sale of the eth.link domain it previously owned.
DeFi
Arbitrum’s TVL Grows to $2.65bn Amid Airdrop Speculation
Speculation over a possible Arbitrium token airdrop coincides with a spike in the total value locked of the dominant Ethereum Layer 2 network.
DeFi
dYdX’s “Liveness Check” Debacle Highlights the Lack of Decentralized Identity Solutions
The decentralized exchange promptly shut down a promotional campaign citing "overwhelming demand" amid community backlash.
DeFi
Market Makers Back Ex-Goldman Banker’s Crypto Startup Focusing on Improving DeFi
Sei Labs, a crypto startup founded by Goldman Sachs and Robinhood veterans, raised $5 million in a seed funding round backed by key market makers.
DeFi
Compound Reports Bug that Froze cETH Borrowing and Lending Markets for 7 Days
Interest rate protocol Compound Finance reported a code error that has frozen cETH markets for seven days.
DeFi
FBI Rings Alarm as DeFi Hacks Dominate Crypto Crime: $1.3B Stolen in Q1 2022
DeFi hacks are at an all-time-high, dominated by token bridge vulnerabilities.
DeFi
Solana-Based DeFi Protocol Loses $661k After Shutting Down By Mistake
Solana-based decentralized exchange OptiFi lost $661,000 in USDC after accidentally shutting its mainnet program.
Metaverse
Animoca Labs to Raise $100M in Funding Round Led by Temasek: Report
Singaporean state-backed investor Temasek is joining Animoca Labs' $100 million funding round, according to Bloomberg.