‘DeFi Doesn’t Exist Anymore’ Just Onchain Finance: Andre Cronje
Most decentralized finance (DeFi) protocols are no longer truly decentralized, according to Andre Cronje, founder of DeFi platform Flying Tulip and the technical architect who led the development of Fantom’s working network.“I don’t think…
NUSD Redemptions Paused as Neutrl Reviews Reserves
Decentralized finance (DeFi) protocol Neutrl has suspended minting and redemptions for its NUSD synthetic dollar after unspecified circumstances affected protocol reserves, leaving the cause and scale of any potential impairment unclear. On…
Non-Custodial Bitcoin Bridge Boltz Shuts Down After AI-Assisted Attacks
A new group of veteran Bitcoiners will take over operations after supplying fresh capital and engineering resources.
Boltz has suspended its Bitcoin swap service after a…
Fidelity’s FETH Fund Set to Launch Ethereum Staking with Quarterly Distributions
Key Highlights
Fidelity’s FETH fund introduces Ethereum staking with planned quarterly distributions
The fund may stake its entire Ether holdings during standard operational periods
Shareholders would receive 85% of…
Why XRP’s $435M Open Interest may be warning and not bullish conviction
Ripple is in a high-stakes battle between speculation and conviction.
From a technical standpoint, XRP is showing a clear bearish bias, with the price recently breaking below $1 and technical wicks forming new lower lows across multiple…
Arizona Crypto ATM Law Helps Victims Recover $171K
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Bitwise Says Protocol Revenue Could Reprice Crypto
Crypto valuations could at least double as protocols increasingly use revenue to fund token buybacks and burns, according to Bitwise chief investment officer Matt Hougan. On Wednesday, Hougan said crypto outside of Bitcoin is becoming a…
Bitcoin Ignores CPI Relief As Analysis Warns $63,000 ‘Will Simply Break’
Bitcoin (BTC) saw weakness around Wednesday’s Wall Street open as markets reacted to key US inflation data.Key points:Bitcoin ignores good news around US inflation figures as it dips below $63,500.Fed rate-hike odds cool further as…
Vitalik Buterin Updates Ethereum Roadmap With Quantum Security Focus
TLDR
Vitalik Buterin updated his 2023 Ethereum roadmap to compare it with the network’s current “Strawmap.”
Quantum resistance, privacy, and AI-assisted security are now bigger priorities than in 2023.
Ethereum researchers are…
Arbitrum crypto’s tokenized stocks surge 476% – Can ARB end its 2-year slump?
Arbitrum has been in a strong downtrend for two years, despite the chain’s performance. However, the altcoin appears to be forming a bottom at $0.07 as tokenization on the chain gains pace.
Notably, the market cap of tokenized stocks on…