Terra blockchain restarts after $4M reentrancy exploit halted the network - Coindesk
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According to TokenUnlocks, the major August unlockings, exceeding $900 million, include DYDX, SUI, ZETA, GAL, W, IMX, XAI, APT, SAND, STARK, ARB, APE, ROSE, PIXEL, AVAX, and OP. - token.unlocks.app
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Elixir launches 'fully decentralized' synthetic dollar aiming to challenge Ethena's USDe - 𝕏/@CurveCap
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Dinero’s ipxETH as Institutional DeFi w/ 0xSami
Redacted has now rebranded to Dinero and is using the DeFi rails they’ve built over the last few years to now offer an institutional staking product with Nomura, one of the biggest asset managers in the world.
Learn how ipxETH will bridge the divide between DeFi and your brokerage account.
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The BTC network saw its largest difficulty adjustment since October 2022, increasing by 10.5% to a record 90.67 trillion. - news.bitcoin
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Crypto execs believe SEC still views SOL as a security, warning that the latest Binance lawsuit filing may not clear Solana and similar tokens. - CoinTelegraph
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Worldcoin expands World ID orb verification to Austria, enhancing "proof of humanness" access in Europe. - The Block
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SEC posts information page for investors harmed by Terraform fraud - The Block
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Exciting news! YieldNest’s first LRT liquidity pool is live for ynETH! Deposit now for a 5x Seeds boost.
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Goldman Sachs CEO David Solomon suggests BTC could be "a store of value case," while still viewing it as a speculative investment with no real use case. - The Block
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Slovenia launches Europe's first €30M digital sovereign bond, settled with tokenized cash. - thedefiant.io
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Interview with Berachain co-founder. Evolving from an NFT community to Layer 1 and building a positive flywheel effect. - wublock.substack
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DEX market share hits record high, surpassing centralized exchanges with 14.22% of monthly trade volume. - The Block
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Proposal 289 on Compound is cancelled - x/@Titanium_32
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A new proposal to make staked COMP a yield bearing token on the Compound forum by Bryan Colligan - comp.xyz
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Cantor Fitzgerald CEO: "Circle had $3.3B of your reserves uninsured in SVB when it went bust." During the Bitcoin conference, Howard highlighted the differences between $USDC and $USDT. - 𝕏/@CryptoInsider23
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Tether's Q2 2024 attestation reveals a record $5.2 billion profit, highest treasury bill ownership, and nearly $12 billion in consolidated equity. - tether.io
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Uniswap Labs, Circle, and Copenhagen Business School onducted new research on what drives crypto asset prices, focusing on monetary policy, broad market risk premium, and crypto-specific demand. - papers.ssrn
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AAVE v3.1 is now live on all networks with active AAVE v3 instances. developed and upgraded by @bgdlabs and approved by the AAVE DAO, v3.1 enhancements improve the protocol’s security, operational efficiency, and usability. - 𝕏/@aave
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An ordinal with ‘H O D L’ was sent to the US government. - 𝕏/@arkhamintel
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Ether ETFs break four-day outflow streak, recording net inflows for the second time ever. - Coindesk
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Terra exploited after reverting the upgrade that patched critical IBC-hooks exploit in April. - The Block
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Gearbox borrow rates have plummeted, opening up juicy farming opportunities
-Lido stETH 10x for 17%+ APY
-Maker sDAI 10x for 20%+ APY
-Long $ETH on Arbitrum at ~2%
-Long $BTC on Arbitrum at 1.83%
Check out their Stimmies program which has $250k of incentives - 𝕏/@GearboxProtocol
SEC charges Nader Al-Naji with fraud and unregistered offering of crypto securities. BitClout founder used alias ‘diamondhands’ to evade scrutiny. SEC claims Al-Naji “raised more than $257 million from unregistered offers and sales of BTCLT, while falsely telling investors that proceeds would not be used to compensate him or other BitClout employees.” - sec.gov
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Ethereum Aave x LidoFinance pool hits $121M in under 24 hours, showcasing the success of complementing the main pool with curated, high-quality instances - 𝕏/@lemiscate
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July 30, 2024: Dock or No? Recapping the $clevCVX / $pxCVX debate. - 𝕏/@CurveCap
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U.S. spot Ethereum ETFs saw $98.29M in outflows on Monday, marking a four-day negative streak, with Grayscale Ethereum Trust leading at $210.04M in net outflows. - Sosovalue
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SEC intends to amend Binance complaint, potentially removing the immediate need for a court ruling on whether tokens like Solana are securities. - storage.courtlistener
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“Nashville marks the end of the cypherpunk phase. #bitcoin now plays the game of thrones” - 𝕏/@redphonecrypto
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Once Humpy receives the COMP it would take Binance, Robinhood, A16Z, OKX, Genesis, Bybit all voting together to overturn a vote.
“There's way too much liability for them to do that. If there's some sort of contagion event, like, whose responsibility is that?” Bryan Colligan on today’s stream.
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