DeFi
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.

Arbitrum Based Jimbos Protocol Scurries for Revival After $7M Exploit
Version 2 of Jimbos protocol was attacked over the weekend for $7.3 million, just days after going live.

Milady NFTs Get Dogecoin Treatment as Prices Retrace Days After Elon Musk Tweet
Top holders of LADYs meme coins are sitting on unrealized profits worth millions of dollars.

Etonec and Mina Foundation to Create ZK-Powered Compliance Tool By Year’s End
The product is designed to enable DeFi and Web3 communities to comply with regulations while maintaining community members’ privacy.

