GM Defiers!
A major Solana incident resulted in the network failing to make it one year since its last outage. The network is live again after completing a restart following five hours of downtime.
The SEC has expanded its definition of a securities "dealer" that could implicate many large DeFi liquidity providers. The new dealer definition applies to any market maker commanding more than $50M in securities assets.
In other news, GHO is finally trading at $1, MetaMask has integrated with Robinhood, Hedera is teaming up with the Saudi Ministry of Investment Association, and Farcaster's success has ignited a boom in memecoins on Base.
Plus, Dymension is live on mainnet after completing a $300M airdrop.
✍️ In today’s newsletter:
- Solana restarts after five-hour outage
- SEC targets DeFi LPs
- GHO achieves dollar-parity
- MetaMask's Robinhood integration
- Hedera launches Saudi venture studio
- Farcaster ignites memecoin frenzy
- Dymension's mainnet launch
🎙️The Defiant Podcast & Interviews:
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