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An Infrastructure Outage Temporarily Broke DeFi

Many decentralized finance applications broke down earlier today after a series of unfortunate events resulted in an outage on a key piece of Ethereum infrastructure.  The main lesson of the day is that a *decentralized* financial system shouldn’t be so reliant on a single provider.  Here’s what happened: Developers of Ethereum client Geth —one of…

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Reya’s Liquidity Generation Event Attracts $100 Million In Less Than 24 Hours

Reya facilitates shared liquidity among native decentralized exchanges.

Renzo’s Restaked ETH Depegs to $700 As Season 1 of Airdrop Ends

The de-peg led to liquidations across DeFi protocols Gearbox and Morpho Labs.

U.S. Prosecutors Seek Three-Year Sentence For CZ

Department of Justice demands extended sentence for Binance's former CEO, Changpeng Zhao.

Bitcoin’s New Runes Protocol Fuels Sky High Transaction Fees

Runestones have dropped 70% after an airdrop snapshot was taken on April 21.

Arthur Hayes Says Ordinals ‘Bring Human Culture’ To Oldest Crypto Community

The investor’s fund, Maelstrom, is focused on assets that gave rise to crypto meme culture.

Ethereum Ecosystem Activity Soars to All-time High

Weekly active wallets have surpassed 10 million, driven by Base and Polygon.