DeFi
Summary TLDR: DEGEN chain, a layer-3 network focused on the community and memecoin space, was launched by Jacek Trociński. Users earn points in the channel that…
Summary TLDR: Fhenix is working with EigenLayer to develop FHE coprocessors for Ethereum layer-2 platform, enabling encrypted data processing without decryption. This will improve blockchain efficiency…
Summary TLDR: The product offers investors up to 83% annualized percentage yield by staking ETH, stETH, wBTC, or USDC in the option strategy vault. Yield is…
Summary TLDR: Polygon’s zkEVM rollup entered an emergency state after a sequencer failure caused by a reorg on the Ethereum mainnet. This led to processing errors…
Summary TLDR: The crypto industry is small, leading to a lack of capital for lending to bullish individuals who are willing to borrow at high rates.…
Summary TLDR: Maker’s SubDAO Spark has deployed $100 million in new DAI liquidity with Morpho Blue’s lending protocol, allowing users to borrow Ethena’s stablecoins. This collaboration…
Summary TLDR: The Bitcoin halving is coming soon, which may reduce miners’ revenue. Some believe transaction fees may not cover costs, leading to decreased network security.…
Summary TLDR: CoinDesk, a cryptocurrency media outlet, was acquired by the Bullish group in November 2023. Both companies have interests in blockchain and digital asset businesses.…
Summary TLDR: After FTX founder Sam Bankman-Fried was sentenced to 25 years in prison, meme coins like “Sam Baseman Fraud” and “Som Bonkmon Fraud” surged in…
Summary TLDR: Vitalik Buterin believes scaling on Ethereum has shifted from zero-to-one to one-to-N after the Dencun hard fork. The upgrade introduced proto-danksharding and “blobs” to…