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Wintermute Proposal To Borrow YFI Draws Fire From DeFi Community

CEO Evgeny Gaevoy Insists Deal Would Benefit All Parties

Wintermute Elbows Into Crowded DEX Market

Bebop Hopes to Win Share With No Slippage Feature

Wintermute DeFi Operations Hacked for $160M

CEO Evgeny Gaevoy Says Firm Remains Solvent

Wintermute Wants to Become MKR Market-Maker Via Governance Vote

Market-making deals are usually sorted out in private, but DeFi might be making headway for transparency. Wintermute proposed a market-making deal with MakerDAO on Friday via the MakerDAO governance forum. It requested a loan of 10,000 MKR ($24M) from the DAO in order to provide market-making services for both DAI and MKR, across all kinds…

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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.