Defi
Most hated protocol goes live, Blast, goes live. Backed by Paradigm and an extension of Blur ecosystem. Users deposit ETH and stables to earn yield from Lido and MakerDao and also earn points
3/5 multisig and not an L2 yet
Can use these codes to get in: PSBH7 , ZOYHQ
Based summary on Blast
unshETH launches blETH, liquid ETH on blast. Atm ETH on blast is illiquid Till February
Trade pre-launched #blast on Aevo
Vitalik recently sing praises for UTxO tech used by #Ada and BTC and his hope to redesign ETH Staking.
Phantom finally launched cheap and smooth cross chain swap between ETH and SOL
#FLIP went live.
SNX V3 live soon. Will feature more collateral type deposit, Cross Margin, Account-Based Access and Liquidation Upgrades
Injective integrates SPL tokens allowing SOL tokens like #PYTH into INJ eco
KyberSwap exploited for $45M
Technical details to Kyber hack
Binance to list #Blur
HTX and Heco hacked for ~$86M
Cosmos community proposed #ATOM halving and it’s been approved
Solana’s Rain[.]fi introduces p2p defi loans
After dWallet Kans revealed vulnerability InfStones, a key node operator for Lido Finance, will temporarily withdraw its validators from Lido and will rotate validator keys for nodes potentially exposed to a vulnerability
#ATOR dipped a lot here’s why — Tor shutdown all ATOR nodes; saying they’re against its involvement in their network
To curb USDC liquidity fragmentation, Circle releases a bridged USDC standard
O-points introduced by Orbiter all previous NFTs, galaxy points will be converted to O-points. You earn points by bridging
A new prep on zksync— vestexchange
Coinbase Endorses frenpet— own and grow pets on base
#Pyth airdrop went live
Popular EVM Bridge Lifiprotocol is Integrated by Phantom to offer in wallet Swaps to SOL
More liquidity for Vaultka on this radiant partnership
Hyperliquid hits $10B TVL
#FXS bullish thesis
Synapse adds support for SOLANA
Prep on Starknet— Paradex hit $1B TVL
RWA bullish thesis. RWA koins pumped a lot this week
Wasabi partners with Flooring to launch fully collateralized NFT preps
VC raises of the week
NFT
NFT Marketplace on Avax currently running an Avax incentivized campaign. It’s similar to blur incentive program, where you’ll earn points from bidding, listing etc. Season 1 concluded on Nov ‘24, season 2 will begin after
State of the Market
Sam Altman going back to OpenAI
New President of Argentina— Javier Milei but aims to replace Peso with Dollar
SEC files complaint against Kraken
Capo still very much bearish and says Market is manipulated to be bullish
Argentina president will down central bank
CZ steps down as Binance CEO
New Binance CEO- Richard Teng
SEC fines Binance $4B to settle criminal case and Binance agrees to pay
Summary of what transpired btwn USA DOJ/SEC, Binance and CZ. 18month prison sentence and $50M fine, etc
Seems CZ already in US custody but now out of bond after paying $175M
Janet Yellen threatens Crypto Industry
Ze end 🐍