DeFi

MakerDAO to Liquidate Overleveraged Vaults and Absorb $1.3M in Bad Debt
USDC, USDP and GUSD Vaults Affected

ConsenSys Under Fire for Collecting MetaMask Users’ Wallet and IP Addresses
Leading Ethereum Wallet Has Over 30M Users

Major CRV Trade on Aave Leaves Money Market With $1.6M in Bad Debt
Trader Had Warned Aave of 'Trading Strategy' Last Month

Curve Releases Whitepaper for crvUSD Stablecoin
Overcollateralized Design Will Use a Novel Lending-Liquidating AMM Algorithm (LLAMMA)

Audit Shows Terra Groups Spent $3.4B to Defend Dollar Peg in UST
Terraform Labs Commissioned Study to Quantify Support for Stablecoin During May Crisis

DeFi Users Jump But Boom is a Mirage: Chainalysis
Data Shows Activity Spike Came from Existing Users and MEV Bot

MakerDAO Releases Speedy DAI Transfers and Tightens Controls on Vaults
DeFi Lender Unaffected by FTX Yet Takes Steps to Fend Off Potential Contagion

Layer 2s Defy Market Angst as Matter Labs Raises $200M
Zero-Knowledge Powered Rollup Garnering Momentum in Race to Scale Ethereum

Unsecured DeFi Lenders Look Shaky in Face of FTX Contagion
Alameda Owes DeFi Lenders $13M as TVL Drops for Major Players

Solend Struggles to Liquidate Souring Loan as On-Chain Liquidity ‘Evaporates’
SOL Has Crashed 55% In Rough Week for Crypto





