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Dencun On The Horizon: DeFi Week of April 30

The Defiant

Weekly Recap

Happy weekend Defiers! Here’s what we covered this week.

New technology captured headlines throughout the week, with Ethereum Foundation’s Tim Beiko revealing core devs are already entering the “final stages of planning” the network’s next major upgrades, called Dencun.

Dencun will include proto-danksharding, which is tipped to dramatically reduce Layer 2 transactions fees by reducing the costs associated with storing transactions on-chain.

Trending Now

Safe Token Trades at $1.2B Market Cap After Community Votes to Unpause Transfers

A 99% majority vote resulted in the unfreezing of the SAFE token contract for transfers.

Metis Introduces Decentralized Sequencer Mining With Phase 2 Rollout

Phase 2 of Metis’ decentralized sequencer rollout introduces rewards for node stakers and operators

Millions In ‘Forgotten’ Crypto Lies Dormant On Bridges

Data from Arkham Intelligence shows wallets associated with Vitalik Buterin and Coinbase among the owners of seemingly forgotten bridged assets.

PayPal and Energy Web Team Up To Incentivize Green Bitcoin Mining

PayPal believes economic incentives can encourage miners to adopt green energy sources.

SEC Attorneys Resign After Agency Sanctioned Over Debt Box Lawsuit

Lead SEC attorneys Michael Welsh and Joseph Watkins reportedly stepped down from the agency.

Nobody Is Buying Donald Trump's NFTs – So Melania Decided To Step Up

Various platforms show interest in Trump’s digital trading cards plummet, while the former first lady has launched a new necklace NFT.