The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
This is Phase 1 of the rollout, so staking rewards aren’t live yet; they are expected to begin in Phase 2, early next year.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The complex attack took place in a single transaction, and appears to have involved liquid staking tokens from across the Ethereum ecosystem.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Six white hat actors recovered $3.86 million during the attack, but some declined to receive bounties as they do not want to be identified.
The sharp TVL contraction appears largely driven by the unwinding of leveraged looping strategies that proliferated across DeFi protocols.
Fordefi offers an institutional-grade multi-party computation wallet solution that safeguards over $120 billion in monthly transaction volume.
According to the project’s tokenomics plan, 50.6% of the locked MON supply will gradually vest until the end of 2029.
GANA crashed over 90% after hackers reportedly stole $3.1 million from the BNB Smart Chain-based protocol.
Uniswap has generated over $985 million in fees year-to-date, averaging close to $93 million per month from January to October.
The public launch coincided with a major Cloudflare outage on Tuesday that has brought down key crypto frontends.
The Aave App will support deposits and withdrawals to over 12,000 banks and debit cards as well as unlimited stablecoin transfers.
1inch unveiled Aqua, a shared liquidity protocol designed to let multiple DeFi strategies run on the same capital without locking funds, at Devconnect.
Uniswap has unveiled its Continuous Clearing Auction protocol for onchain token auctions with automatic liquidity seeding and optional ZK-based privacy.
The expansion gives XRP holders access to BNB Chain DeFi, allowing them to earn additional yield on top of mXRP’s base strategy returns.
Dromos Labs unveiled a central liquidity hub called Aero to serve as a home base for additional EVM extensions beyond Base and Optimism.
Uniswap founder Hayden Adams and key Uniswap Foundation leaders proposed a plan to burn UNI tokens and merge the organizations.
Elixir says it processed redemptions for 80% of deUSD holders, and has snapshotted the remaining balances for future USDC redemptions.
Sprinter is a crosschain “solving-as-a-service” infrastructure startup that provides access to collateral-free credit.
DeFi analysts claim there may be over $285 million in cross-protocol exposure tied to Stream Finance's $93 million loss.
Stream Finance said an external fund manager disclosed a $93 million loss in its fund assets on Monday, and it is investigating the incident.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Liquid, a crypto perp DEX aggregator, has raised $7.6 million in seed funding from investors including Paradigm and General Catalyst.
Increased competition within the stablecoin sector is pushing some players to explore alternative approaches to value sharing.
Ether.fi has proposed a $50 million ETHFI buyback program, joining Aave and OpenSea as token buybacks surpass $1.4 billion in 2025.
“The fact that other chains are faster or cheaper is irrelevant, in our view,” Standard Chartered’s Geoffrey Kendrick said.
Uniswap is adding DOGE, XRP, and ZEC support through the Universal protocol, which mints and burns tokens to create bridgeable “uAssets.”
JPMorgan see Coinbase’s Base network growth and upcoming token exploration as a shift toward deeper onchain monetization.