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EF Exodus Fuels Calls for New Price-Focused Ethereum Organization
Blockchains

EF Exodus Fuels Calls for New Price-Focused Ethereum Organization

At least eight senior EF researchers and leaders have announced departures this year.
Blockchain Projects Syndicate, ZERO and Everclear Wind Down on the Same Day
Blockchains

Blockchain Projects Syndicate, ZERO and Everclear Wind Down on the Same Day

Syndicate Labs, an a16z-backed on-chain development startup, is winding down operations, citing a fundamental shift in the Rollup market and significant market contraction.
HYPE Crosses $50 for First Time Since September
DeFi

HYPE Crosses $50 for First Time Since September

Bitwise's chief investment officer said that Hyperliquid is targeting not the $3 trillion crypto economy, but the $600 trillion global asset market.
Steakhouse Fi Pulls $1 Billion Lead Over Competing Morpho Vault Curators
DeFi

Steakhouse Fi Pulls $1 Billion Lead Over Competing Morpho Vault Curators

Steakhouse Fi has expanded its lead to approximately $1 billion over the next largest Morpho vault curator, marking a significant shift in the competitive curator ecosystem.
LayerZero's Incident Report Says Kelp Downgraded From 2-of-2 to 1-of-1 DVN Before $292M Exploit
Hacks

LayerZero's Incident Report Says Kelp Downgraded From 2-of-2 to 1-of-1 DVN Before $292M Exploit

Detailed May 18 post-mortem traces a six-week breach to DPRK group TraderTraitor and locks in a new 3-of-3 DVN protocol default. Kelp says LayerZero approved the configuration and has migrated rsETH bridging to Chainlink.
CoW Swap Expands to Solana With NEAR Intents Backend Support
DeFi

CoW Swap Expands to Solana With NEAR Intents Backend Support

CoW Swap, the intent-based DEX, is launching on Solana blockchain with NEAR Intents providing backend infrastructure.
MoneyGram Partners With Tempo as Anchor Remittance Validator on Blockchain
Blockchains

MoneyGram Partners With Tempo as Anchor Remittance Validator on Blockchain

MoneyGram has become Tempo's anchor remittance validator in a new strategic blockchain partnership designed to enhance cross-border payment infrastructure.
Aave V4 Gains Momentum With Two-Layer Market Isolation Structure During Capped Launch
DeFi

Aave V4 Gains Momentum With Two-Layer Market Isolation Structure During Capped Launch

Aave V4 introduces a new market architecture featuring collateral isolation across Hubs and Spokes, with Prime, Core, and Plus Hubs launching initially.
Polymarket Launches Prediction Markets on Private Company Valuations With Nasdaq Data
Markets

Polymarket Launches Prediction Markets on Private Company Valuations With Nasdaq Data

Polymarket partnered with Nasdaq Private Market to enable trading on private company valuations, IPO timing, and secondary share prices, with early markets on OpenAI, Anthropic, Stripe, and other unicorns.
Tor Project and Funding the Commons Launch Web3-Native Crowdfunding Campaign
Infrastructure

Tor Project and Funding the Commons Launch Web3-Native Crowdfunding Campaign

A coalition of privacy and crypto organizations is using quadratic funding to channel crypto donations to 10 nonprofits fighting censorship and surveillance worldwide.