Bitcoin
Tokyo-based Metaplanet said it planned to make bitcoin the single biggest holding on its corporate balance sheet, and its stock soared 90% as a result.
The appetite from investors for crypto ETFs appears to be moderating based on the pace of weekly inflows.
Tech
The dYdX chain has resumed block production after a major outage that lasted nine hours and 32 minutes.
Ethereum
Reports of phishing attempts linked to ads on the top Ethereum blockchain explorer began surfacing on Sunday. It was unclear, however, whether any user funds were lost.
DeFi
Locking ENA tokens now yields a 50% boost in Ethena’s points program, leading to larger airdrops later this year.
Base is now the third-largest layer 2 network, after Arbitrum One and OP Mainnet, with $4.17 billion in Total Value Locked.
Aave’s Marc Zeller suggested turning on a so-called “fee switch,” which could distribute protocol fees to stakers and token holders.
Solana
Blockaid’s findings highlight the need for increased security measures in the Solana ecosystem, according to the cybersecurity firm’s co-founder Ido Ben-Natan.
The decentralized exchange (DEX) is already the sixth largest across all blockchain networks by total value locked.
The upgrade is designed to accommodate the increasing number of new tokens on Jupiter and Solana in response to users of the decentralized exchange aggregator experiencing transaction difficulties.
