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![Pendle's TVL Drops 45% as Key Markets Mature](/_next/image?url=https%3A%2F%2Fcdn.sanity.io%2Fimages%2F6oftkxoa%2Fproduction%2F92377544df39718bbcbf0ebc70167345becef73f-1792x1024.png&w=828&q=75)
Pendle's TVL Drops 45% as Key Markets Mature
Several liquid restaking markets, including Ether.Fi’s eETH and Renzo’s ezETH, matured on June 27, causing depositors to withdraw funds.
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Podcast
![Unlocking Bitcoin's Potential: How Rootstock Uses EVM For Scalability](/_next/image?url=https%3A%2F%2Fcdn.sanity.io%2Fimages%2F6oftkxoa%2Fproduction%2F069d224096b5abc53184c5451591e95cca392415-1280x720.jpg&w=828&q=75)
Unlocking Bitcoin's Potential: How Rootstock Uses EVM For Scalability
Daniel Fogg is the CEO of RootstockLabs, the organization behind the Rootstock sidechain, which is a Bitcoin Layer 2 solution designed to enhance Bitcoin's capabilities with smart contract functionality. Rootstock was launched in January 2018, becoming the first Bitcoin sidechain, and is secured by Bitcoin's hashing power through a merged mining process. This innovative sidechain leverages Bitcoin's security while enabling Ethereum compatible smart contracts, aiming to reduce transaction costs and improve scalability.
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Videos
![DexGuru's GURU Network: Advanced AI Tooling For Blockchains](/_next/image?url=https%3A%2F%2Fcdn.sanity.io%2Fimages%2F6oftkxoa%2Fproduction%2F76e0725e2842de4c3d9201fccc2752f0449a452d-336x188.webp&w=828&q=75)
DexGuru's GURU Network: Advanced AI Tooling For Blockchains
Welcome back to the Defiant everyone, today we are talking all about DexGuru and their AI Orchestration Network, known as GURU Network. GURU is designed to be the AI Orchestration Network, responsible for coordinating and creating markets around compatibl...
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The Rise & Fall & Rise of Solana
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Research & Opinion
![SocialFi’s coming of age: Solving for user experience, then DeFi](/_next/image?url=https%3A%2F%2Fcdn.sanity.io%2Fimages%2F6oftkxoa%2Fproduction%2Fcc2699f3d1652be36a576ba63626fdbd5ae1a3f9-1792x1024.webp&w=828&q=75)
SocialFi’s coming of age: Solving for user experience, then DeFi
SocialFi platforms can benefit greatly by fusing elements of web2 and web3 while integrating DeFi features that are less of a technical barrier and more of supplementing resources.
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Education
![What is Polkadot?](/_next/image?url=https%3A%2F%2Fcdn.sanity.io%2Fimages%2F6oftkxoa%2Fproduction%2Fcbeba4e699554d634abb45cbc8a523dbea217ca8-536x293.png&w=828&q=75)
What is Polkadot?
Polkadot’s multi-chain architecture presents an alternative approach to scalable Layer-1 blockchains.
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Exploring Product Revenue Tokens (PRTs), a New Incentive from Index Coop
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What is GURU Network?
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Lock In Gains with Fyde's AI Engine
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DeFi
![Pendle's TVL Drops 45% as Key Markets Mature](/_next/image?url=https%3A%2F%2Fcdn.sanity.io%2Fimages%2F6oftkxoa%2Fproduction%2F92377544df39718bbcbf0ebc70167345becef73f-1792x1024.png&w=828&q=75)
Pendle's TVL Drops 45% as Key Markets Mature
Several liquid restaking markets, including Ether.Fi’s eETH and Renzo’s ezETH, matured on June 27, causing depositors to withdraw funds.
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Markets
![Bitcoin Price Crashes To Four-Month Low As Mt. Gox Makes Initial Repayments](/_next/image?url=https%3A%2F%2Fcdn.sanity.io%2Fimages%2F6oftkxoa%2Fproduction%2F3775ec467d26bacb3a72f94d0b9d9020588c2b77-1792x1024.webp&w=828&q=75)
Bitcoin Price Crashes To Four-Month Low As Mt. Gox Makes Initial Repayments
Mt. Gox distributed $148.4 million to creditors via the Bitbank exchange.
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CeFi
![Centralized Exchange Losses to Hacks are Up 1,000% This Year: ImmuneFi](/_next/image?url=https%3A%2F%2Fcdn.sanity.io%2Fimages%2F6oftkxoa%2Fproduction%2F293ad04eaa5c741f6d9815b577601715a5a1ff52-1792x1024.webp&w=828&q=75)
Centralized Exchange Losses to Hacks are Up 1,000% This Year: ImmuneFi
Hackers stole $572 million in Q2, up from $345 million in the previous quarter.
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Blockchains
![Bitcoin Mining Difficulty Set for Second Biggest Drop Since FTX Collapse](/_next/image?url=https%3A%2F%2Fcdn.sanity.io%2Fimages%2F6oftkxoa%2Fproduction%2F6bc624f8afd50ba103409eeef153667760a5c4d9-1792x1024.webp&w=828&q=75)
Bitcoin Mining Difficulty Set for Second Biggest Drop Since FTX Collapse
The price of Bitcoin hashrate is also at the lowest it's been in more than four years.
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NFTs & Web3
![Bankrupt 3AC Capital Buys NFT Thanks to 3-Year Bid Authorities Overlooked](/_next/image?url=https%3A%2F%2Fcdn.sanity.io%2Fimages%2F6oftkxoa%2Fproduction%2Fcbea019115dcee28d5f3d5ff73ccaf87b4513da1-550x550.png&w=828&q=75)
Bankrupt 3AC Capital Buys NFT Thanks to 3-Year Bid Authorities Overlooked
“Neon Village” was purchased for 20 ETH or $60,000.
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TradFi & Fintech
![Bitcoin Miner Genesis Digital Reportedly Eyes U.S. IPO](/_next/image?url=https%3A%2F%2Fcdn.sanity.io%2Fimages%2F6oftkxoa%2Fproduction%2F76d3b5cecb0a0366db91c70c97496bfe1d119986-1792x1024.webp&w=828&q=75)
Bitcoin Miner Genesis Digital Reportedly Eyes U.S. IPO
Alameda Research, the sister trading firm of the failed FTX exchange, invested $1.15 billion in Genesis Digital.
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Regulation
![U.S. Court Rules Two Obscure Altcoins Are Commodities](/_next/image?url=https%3A%2F%2Fcdn.sanity.io%2Fimages%2F6oftkxoa%2Fproduction%2Fc5a2154c40d4231260d6ebb9d77f1d2c20a8e072-1792x1024.webp&w=828&q=75)
U.S. Court Rules Two Obscure Altcoins Are Commodities
The news followed a long-lasting dispute between the SEC and CFTC over when a cryptocurrency is a commodity or security.
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SEC Targets Ethereum Liquid Staking
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Hacks
![Bittensor Halts Network After Users Fall Victim To Malicious Python Software](/_next/image?url=https%3A%2F%2Fcdn.sanity.io%2Fimages%2F6oftkxoa%2Fproduction%2Fcf963e0fcf7962cc583aaafeae0bd8acae5cdd1b-1792x1024.webp&w=828&q=75)
Bittensor Halts Network After Users Fall Victim To Malicious Python Software
Victims who downloaded the software and decoded their keys suffered roughly $8 million in losses.
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