Bitcoin24h $108,719.39-1.91%

Ethereum24h $3,894.57-3.08%

BNB24h $1,075.89-3.71%

XRP24h $2.42-1.75%

Solana24h $186.41-2.92%

TRON24h $0.3211-0.70%

Dogecoin24h $0.1950-2.63%

Cardano24h $0.6473-3.31%

Chainlink24h $18.04-3.96%

Hyperliquid24h $36.06-5.43%

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.

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, the blockchain bridge that suffered a series of losses in 2022, is earning partnerships with the world’s biggest asset managers.

By looping Binance Chain-based USD1 on Euler Finance against USDT, yield farmers have earned 99% APR on the presidential stablecoin.