DeFi
Pepecoin Short Sellers Lose Millions as PEPE Nears $1B Valuation
The tokens have run from strength to strength in the past week even as skeptics warned of an impending collapse.
Liquid Staking Platform Lido Surpasses 6M Ether Deposits as Shanghai Upgrade Spurs Inflows
Ethereum’s Shanghai upgrade spurred deposit inflows to liquid staking protocols, including to the largest player Lido.
Layer 2 Network Optimism to Use Ethereum Attestation Service to Promote User Trust
The attestation service will allow any Optimism user to create digital sign-offs on all kinds of information involving the blockchain’s activities and users.
OpenTrade Raises Over $1.5M for Building Crypto Structured Financial Products
The platform will offer liquidity pools for U.S. Treasury bills, later this year.
Arbitrum-Based Exchange Chronos Attracts $170M to Yield Pools in a Single Day
The price of the DEX’s native chr token jumped 25% in 24 hours.
Solana Founder Brushes Off FTX Woes, Remains Confident in Crowded Blockchain Landscape
Prominent projects are porting to the Solana network and developer activity remains strong, Anatoly Yakovenko told CoinDesk TV.
‘WallStreetBets’ Themed Tokens Plummet 90% as Insider Dumps Treasury Holdings
WSB prices fell sharply as the apparent token sale by insiders led to token holders dumping holdings en masse.
U.S. SEC Changes Its Mind on Officially Labeling Digital Assets
The Securities and Exchange Commission was about to define “digital asset” but deleted it in the final version of a rule, reversing a move that might have started formalizing crypto’s role.
DeFi Protocol Curve Finance Deploys Native Stablecoin on Ethereum Mainnet
The deployment marks a major milestone for the public release of Curve’s highly anticipated native stablecoin.
Sui Mainnet Goes Live: What's Behind the Sui Token Surge and Excitement?
Sui, the buzzy layer 1 blockchain founded by ex-Meta Platforms employees, launched its mainnet on Wednesday as it jockeyed to edge out rival Facebook-offshoot Aptos and other DeFi heavyweights. Sui Network tokens (SUI) briefly jumped to $2 apiece minutes after trading began, reaching nearly $690 million in market cap to a fully diluted valuation (FDV) at a staggering $13 billion. "The Hash" panel discusses their outlook for the Sui ecosystem.
