Latest
Markets
Memecoins Get Decimated Amid Market Downturn
Leading memecoins have plunged, with market leaders PEPE and WIF dropping 15% and 25%, respectively, in the past seven days.
DeFi
Michael Egorov Promises To Develop Curve Amid Accusations Of Elaborate Cash-Out
Curve’s founder suffered an enormous CRV liquidation after borrowing $95.7 million worth of stablecoins against the asset.
Blockchains
Bitcoin Layer 2 TVL Soars Above $2 Billion
Bitcoin Layer 2 networks and sidechains are attracting large inflows amid an uptick in activity.
DeFi
ZapperFi to Build ‘Road to Onchain Literacy’ with Zapper Protocol
Powered by a forthcoming ZAP token, the new protocol aims to incentivize better interpretation and contextualization of onchain information.
Regulation & Politics
U.S. Senator Tells Gary Gensler Crypto Desperately Needs Resources
Senator Patrick Hagerty grilled SEC Chairman Gensler over the agency's lack of prioritization of a “constructive industry.”
Markets
Gensler Predicts Ethereum ETFs Approval by ‘End of Summer’
Crypto markets tumbled after yesterday’s Fed statement revealed that policymakers now expect a single rate cut this year.
Blockchains
Arbitrum Plots Stage 2 Decentralization With Permissionless Transaction Validation
The Arbitrum community is greenlighting the introduction of its BoLD dispute resolution protocol.
DeFi
Curve Finance Founder Michael Egorov Suffers Massive Liquidations
Egorov’s CRV holdings have dropped to $34M after previously taking out nearly $100M in stablecoins loans backed by $141M worth of CRV.
Hacks
UwU Lend Suffers Second Exploit In One Week, Bringing Losses To $23 Million
The protocol lost an additional $3.72 million after getting hacked for the second time in three days.
DeFi
SushiSwap Creates Sushi Labs Council and Multi-Token Model
Sushi Labs will “drive fast-to-market” product implementations.
