Ethereum
MEV bots front running exploiters on Curve pools generated some of the largest reward blocks ever seen on Ethereum.
DeFi
A meme coin trading frenzy resulted in an influx of funds sent to the Layer 2 network, which currently cannot be bridged back to the ETH mainnet.
Several stablecoin pools on Curve Finance using Vyper contracts were drained due to a re-entrancy vulnerability, with millions of dollars’ worth of crypto still at risk.
Tech
Ethena’s Guy Young explains the innovative mechanics behind USDe, a stablecoin that combines Ethereum’s yield with a unique hedging strategy.
Business
Grayscale Investments asked the U.S. securities regulator to approve all spot Bitcoin ETFs together, arguing that approving only some would lead to an unfair first-mover advantage.
The CFTC seeks to regulate foreign individuals and corporations that reside and operate outside the U.S, stated Binance’s lawyers.
The DeFi lender’s community voted to introduce the Enhanced DAI Savings Rate (EDSR), which could raise DAI rewards to as high as 8%.
The Optimism-based wallet uses account abstraction to eliminate the need for seed phrases to recover lost crypto.
The U.S. Department of Justice (DOJ) said they do not intend to proceed with a campaign finance charge against the former FTX CEO.
The crypto payments firm claims that North Korean cybercrime group Lazarus was left with a “record-low reward” after hacking its platform for millions of dollars.
