ETH unstaking wait queue hit multi-year high
On Sunday, Ethereum users were unstaking $4 billion worth of ETH from the network due to two impactful headlines from finance.
Results for Spotlight, DeFi
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Ripple’s XRPL EVM mainnet is live — top exchange did $26 volume in a day
Ripple trumpeted “years of building and testing” to launch the XRPL EVM mainnet, which would usher in “a new era of cross-chain DeFi.”
— DeFi, Roman Storm
What does Roman Storm’s guilty verdict mean for the wider DeFi sector?
DeFi advocates are concerned that the Roman Storm verdict could set a precedent for developers of other protocols.
DeFi is paying big to accumulate USDC
The GENIUS Act forbids any interest payments by Circle to USDC holders, causing them to venture elsewhere for APRs of 59% or beyond.
— DeFi, Stablecoins
Trump-linked stablecoin USD1 hits 99% APR on Binance Chain
By looping Binance Chain-based USD1 on Euler Finance against USDT, yield farmers have earned 99% APR on the presidential stablecoin.
Circle dragged for dragging feet as DeFi protocol GMX hacked
USDC stablecoin issuer Circle has been criticized for not freezing $9M taken in the GMX protocol hack quickly enough.
DWF Labs-backed USDf depegs as red flags raised over quality of backing
So-called "synthetic dollar" USDf, which is backed by controversial market maker DWF Labs, is off-peg and has hit a low of $0.98.
Across Protocol accused of looting DAO treasury of $23M
The team behind blockchain bridge Across has been accused of funnelling $23M worth of treasury funds into its own company, Risk Labs.
Bitcoin DeFi project ALEX exploited again, aBTC depegs
The issue concerns failed transactions on Stacks, a DeFi-focused layer two scaling solution for the Bitcoin network.
Curve Finance warns users after website and X account hacks
Curve Finance has warned users to avoid its curve.fi website due to a DNS hijacking attack, which redirects users to a wallet drainer.