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Synthetix Expands to Arbitrum, Enhancing Multi-Chain Strategy with New Features
Synthetix, a decentralized liquidity protocol, has launched on Arbitrum, adding to its presence on Ethereum and Optimism.
Ether Spot ETFs Anticipated to Launch in the U.S. by Early July
Bloomberg ETF analyst Eric Balchunas suggests that Ether Spot ETFs may start trading in the U.S. by July 2, moving up the timeline due to light SEC feedback on the ETF applications.
CRV Recoups Losses Following Debt Repayments
CRV jumped after Curve Finance founder faced $27M liquidation and subsequently had repaid most of the debt.
Eigen Labs Acquires Rio Network Team to Boost Open Innovation and Enhance EigenLayer Ecosystem
Eigen Labs has acquired the Rio Network team, enhancing its mission to create an open, verifiable cloud.
Lido and Mellow Finance Launch Advanced DeFi Strategies for stETH Holders
Lido, in collaboration with Mellow Finance and part of the Lido Alliance, has launched advanced DeFi strategies for stETH holders, including innovative restaking vaults.
OP Mainnet Advances to Stage 1 Decentralization with New Permissionless Fault Proofs
The OP Mainnet has implemented permissionless fault proofs, marking its progression to Stage 1 decentralization.
Hong Kong May Look To Allow Spot ETH ETF to Have Staking As Early As This Year
Hong Kong asset managers are working to include staking within their spot ether exchange-traded funds (ETFs) in the hope of getting the staking reward feature approved this year, according to Animoca Brands Chairman Yat Siu.
Telegram Introduces 'Stars' Currency for In-App Purchases
Telegram has launched a new in-app currency called Stars, which can be purchased with fiat and used to buy digital goods and services within Telegram mini apps.
Paxos Launches Lift Dollar in UAE with Yield Comparable to U.S. Treasury Bonds
Paxos has launched a new yield-generating stablecoin, the Lift Dollar (USDL), which is regulated by the Financial Services Regulatory Authority of Abu Dhabi Global Market (ADGM) and issued in the UAE
StarkWare Proposes Controversial Bitcoin Scaling Solution Using OP_CAT
StarkWare, renowned for its contributions to Ethereum's scalability, has introduced an ambitious strategy to enhance Bitcoin's transaction capacity using a contentious opcode known as OP_CAT, originally devised by Satoshi Nakamoto but removed in 2011 due to potential security risks.
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