Latest
DeFi
Blast Delays Token Launch But Increases Airdrop Allocation
The Ethereum Layer 2 network was widely expected to drop its token in May but has delayed the launch to June 26.
CeFi
Circle to Relocate Legal Domicile from Ireland to U.S.
The move comes ahead of the USDC issuer’s potential IPO, for which it filed paperwork with the SEC in January.
NFTs & Web3
Ethereum NFTs Dip as Blur Season 3 Winds Down
Many popular NFT collections have posted double-digit percentage losses in the past week as BLUR airdrop farmers offload their inventory.
Markets
Crypto Markets Bounce Back as Core U.S Inflation Hits 3-Year Low
Bitcoin surged 6% to $65,000, with Ether and Solana rallying 3% and 7%, respectively.
Blockchains
Degen Chain Back Online After 50-Hour Outage
The price of DEGEN has crashed 22% since May 12 amid the downtime.
TradFi & Fintech
S&P Global Rankings Urges Asset Managers To Embrace Tokenization
The esteemed credit rating agency argued that using public blockchains for tokenization offers significant efficiency benefits over legacy financial architecture.
Hacks
Sonne Finance Suffers $20 Million Exploit
The Optimism-based lending protocol has paused operations.
DeFi
Infinex Attracts $60 Million of Deposits in Two Days
Users can deposit USDC on multiple chains to earn Governance Points.
DeFi
Avara Announces Lens Network L2 Leveraging ZK Stack
Lens Network will host a new deployment of Lens Protocol.
Markets
Crypto Markets Drop Ahead of U.S. Inflation Data
Cryptocurrency stocks reversed premarket losses.
