DeFi
Why Did Bitcoin’s Price Rise? BTC Hovers Over $27K as Investors Shrug Off Hot Jobs Data
Ether and other major cryptos spent much of the day in positive territory.

Crypto Investors Lost $54M to Rugpulls, Scams in May: Blockchain Security Firm De.Fi
May saw fewer exploits than April, suggesting better security practices among crypto users and developers.

Uniswap Community Votes Down Protocol Fees for Liquidity Providers
The initial snapshot poll was voted against by the community in a surprising move.

Synthetix Community Approves Plan to Nudge Positions Off Soon-to-Shut Version One of Its Perpetuals Market
The market, which was replaced by a new version, has been in close-only mode for months, but about $150,000 remains on the original platform.

Treat Crypto as Securities by Default, European Parliament Study Says
Crypto assets should be treated as securities by default, and the autonomous organizations that govern decentralized finance (DeFi) should be granted legal status, according to a study commissioned by lawmakers at the European Parliament published Tuesday. This comes as the EU finalizes its landmark MiCA law. "The Hash" panel discusses the latest in crypto regulation.

Olive-Oil Producer Issues First Euro-Stablecoin-Denominated Bond on Obligate’s DeFi Platform
The debt sale was the first of its kind for the French sustainable agriculture business.

The PulseChain Sideshow Tent Is Collapsing
For some crypto projects, actually launching is the worst possible plan.

The Plight of Hyped-Blockchain Canto Demonstrates Dreary DeFi Outlook
Canto's slide is an example of fickle crypto investors' lack of appetite in DeFi.

Cardano DEX Minswap Sees Volume Jump Driven by SNEK, BANK Meme Coins
Volumes surged from just over $1 million at the start of May to $18 million on Tuesday, data from Minswap shows.

Optimism Token Prices Slide 7% Ahead of $580M OP Unlock, Doubling Token Supply
The initial vesting period for early investors and contributors ends today and will nearly double the circulating supply of the tokens.

