Solana receives backlash for Ethereum-NASDAQ comparison
Solana’s dominance during last year’s memecoin craze appears to have given way to a renewed enthusiasm for ETH.
Results for 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 shake-up: Lido cuts staff, Curve rethinks L2s
Despite a DeFi resurgence, Lido announced a 15% cut of contributors, while a Curve governance proposal suggests cutting Layer Two development.
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.
“It’s a huge amount to me”: PulseChain user pleads for $100k gas fee refund
The individual who accidentally paid a $112,000 ETH gas fee, and is now pleading for the receiver to return it, will unlikely get it back.
Wormhole almost killed Solana DeFi — now works with Blackrock, Hamilton Lane
Wormhole, the blockchain bridge that suffered a series of losses in 2022, is earning partnerships with the world’s biggest asset managers.
— 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.
Just another day in DeFi: A hack, a rug-pull, and $10M saved
The DeFi sector is a financial frontier zone, home to some of crypto’s riskiest experiments. As such, chaos isn’t the exception but the rule.
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.