Your Weekly DeFi News in Bite-Sized Fashion
Welcome to the 175th issue of The Defiprime Post, a quick weekly primer covering the biggest developments around Ethereum and DeFi. This week’s issue covers events between December 17th and December 24th, 2023.
🔥 The DeFi Bulletin
Curve DAO agreed to a $44M recompensation program for victims of the July exploit.
KyberSwap announced a treasury grants program for users affected by the KyberSwap Elastic exploit.
BarnBridge DAO settled with the SEC for $1.7M under the condition of stopping the sale of crypto bond product.
Hong Kong announced it is ready to accept applications for spot crypto ETFs.
A former $LDO holder has filed a class-action lawsuit against Lido DAO for losses.
Arbitrum collaborated with NEAR by integrating the NEAR DA layer, hoping to allow developers to use the layer while building rollups.
Phantom added support for Bitcoin, Ordinals, and BRC-20 tokens.
PancakeSwap’s governance recently discussed a proposal to reduce the total supply of $CAKE tokens.
Lisk is to become an Ethereum L2 through Optimism and Gelato.
CoinFund released its 2024 Founder Forecast.
BloXrout is to begin rejecting transactions with OFAC-blacklisted addresses.
Masa, a project aiming to be a decentralized Google, is to launch a zk-data marketplace in the Avalanche ecosystem.
Helium Mobile cracked down on $MOBILE token farmers.
Foresight Ventures launched its third $10M accelerator following its deal with The Block.
We have a page up for the Base ecosystem and two different referral links for Manta Network and its New Paradigm. We also unveiled our 2024 predictions.
💎 NFT News
Thanks for reading, and be sure to catch the 176th issue of The Defiprime Post out after winter break on January 8th! 👋♦️👋