Your Weekly DeFi News in Bite-Sized Fashion
This week’s issue covers events between March 24th and March 31st, 2024.
Welcome to the 188th issue of The Defiprime Post, a quick weekly primer covering the biggest developments around Ethereum and DeFi. This week’s issue covers events between March 24th and March 31st, 2024.
🔥 The DeFi Bulletin
An attacker minted 1B $CGT governance tokens in an exploit within the Curio ecosystem.
Prisma Finance was attacked for $12M.
Munchables recovered $62M taken in an exploit.
Crypto losses due to hacks have hit $336M in Q1.
The EU is not banning self-custodial crypto.
The DeFi Education Fund and Beba are suing the SEC over its regulatory stance.
Hopes for another DeFi summer have soared amid the new crypto rally.
BlackRock’s Larry Fink is confident about a spot Ethereum ETF, even if Ethereum is deemed a security.
ConsenSys urged the SEC to recognize Ethereum’s better qualities over Bitcoin for its spot ETF application.
Pendle deposits have surged to $3B.
Ethereum blobs are now being used to create inscriptions.
Optimism DAO delegates now get accountability scores.
The launch of Ethena’s $ENA token was announced.
Cobie, a trader, launched a beta version of his angel investor platform, Echo.
Syndicate announced its Degen chain.
Near Protocol is to let users sign transactions on third-party chains from a single wallet.
CoinGecko released its report on RWAs in 2024.
StakeStone received an undisclosed quantity of funding from Binance Labs.
ALEX, a Bitcoin DeFi developer, secured $10M in strategic funding.
peaq, a DePIN L1, raised $15M in pre-launch funding.
BitLayer, a Bitcoin L2 network, announced its $5M seed funding round.
BOB, a hybrid L2 mixing Bitcoin and Ethereum, closed a $10M funding round.
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💵 State of the Stablecoins
Thanks for reading, and be sure to catch the 189th issue of The Defiprime Post out this time next week! 👋♦️👋