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Recap: DeFi Week of June 19
It was a tale of two crypto worlds this week. One was engulfed by anxiety, threats, and a lot of ghosting.
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BlackRock Would Still Pursue Spot Ether ETF If Ethereum Cops Securities Designation
BlackRock’s CEO said the SEC classifying Ether as a security would not preclude spot Ethereum ETFs from entering the market.
Pantera-Backed Rollup Omni Network Announces Airdrop
3% of OMNI’s total supply will be airdropped to EigenLayer restakers, ETH stakers, various NFT holders, and Omni community members.
EigenLayer Removes Deposit Caps On Liquid Staking Tokens
The move marks the culmination of the Ethereum restaking protocol’s rollout phase.
Runestones Wants to Become the Biggest Memecoin Community, Says Creator
The airdropped Runestones collection has soared to become the second most valuable NFT collection after CryptoPunks.
Pump.Fun Takes Over Solana Memecoin Scene
The no-code platform allows anyone to create a memecoin in minutes.
Hot New Restaking Project Karak Faces Backlash Over Team’s Past
Karak has been outed as the second reincarnation of Risk Harbor, a protocol accused of running off with millions earmarked as insurance for Terra’s failed UST stablecoin.