Latest
DeFi
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.
NFTs & Web3
Bankrupt 3AC Capital Buys NFT Thanks to 3-Year Bid Authorities Overlooked
“Neon Village” was purchased for 20 ETH or $60,000.
Regulation & Politics
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.
Markets
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.
NFTs & Web3
Web3 Apps Reach All-Time High of 10 Million Daily Active Users
Usage grew 40% in the past quarter, according to DappRadar.
Blockchains
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.
Blockchains
Flare Network Leverages LayerZero to Connect with 75 Blockchains
The collaboration will broaden access to 50,000 decentralized apps hosted by Flare.
Markets
Crypto Markets Bleed Amid Massive Liquidations
BTC dropped to $58,000 on fears that the German government is looking to sell billions worth of Bitcoin.
DeFi
Symbiotic TVL Triples To $1B Within 24 Hours Of Raising Deposit Limits
Symbiotic has emerged as the second-largest restaking protocol within one month of launching.
