🏀Friend Tech Bounces Back With Record Revenue
DeFi Alpha
Together with
GM Defiers!
Friend Tech is enjoying a resurgence of activity, with its daily fees revenue tagging a record high near $1M and overtaking Uniswap in the process. The spike in adoption also propelled Base to the top of the L2 throughput rankings.
One of Mark Cuban's Ethereum wallets was emptied by a hacker, with the attacker making off with $870,000 worth of digital assets. Cuban was made aware of the incident by media requesting commentary on it.
And Ethereum celebrated 12 months of Proof of Stake consensus. While the network is making good on its deflationary promise so far, new threats have emerged in the form of Lido's staking dominance.
✍️ In today’s newsletter:
- Flurry of Friend Tech adoption drives record revenue
- Hacker siphons $870,000 from Mark Cuban
- Ethereum celebrates one year of Proof of Stake
🙏Sponsored
- Explainer: What is Chronicle Protocol?
- Video: Does Chronicle Solve DeFi's Oracle Problem?
🎬 WATCH
Watch our video recapping the volatility in the crypto markets over the past three years. And check out our podcast with Magic Labs CEO, Sean Li, to learn about how his company is onboarding mainstream brands to web3.
THANKING OUR NEWSLETTER SPONSORS
| Newsletter continues below |
MetaMask Snaps are new features and functionality, created by third-party developers, that MetaMask users worldwide can install directly to customize their wallet. With MetaMask Snaps, every wallet becomes a unique reflection of its owner's aspirations and preferences.
