Category: DeFi Digest
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EigenLayer Reveals EigenCloud and $70 Million Investment from A16z – “The Defiant”
EigenLayer introduces EigenCloud, a developer platform enhancing blockchain trust and verifiability for on-chain and off-chain applications, backed by a $70M investment from A16z, despite EIGEN token’s poor performance.
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Ethereum and the battle for yield: What is ETH’s future?
Ethereum staking yields are declining, falling below 3%, while yield-bearing stablecoins and DeFi protocols offer higher returns, raising questions about ETH’s competitive future.
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Lion Group ‘Secures $600 Million’ to Launch HYPE Treasury – “The Defiant”
Lion Group Holding Ltd. secured $600M to launch HYPE Treasury, making HYPE its primary reserve asset alongside Solana and Sui, signaling growing interest in crypto treasury reserves.
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How the Next Wave of RWAs is Becoming Crypto’s Real Edge
Tokenized real-world assets (RWAs) like reinsurance are transforming crypto by offering stable, scalable yield and new financial structures, moving beyond traditional finance replication.
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BlackRock’s BUIDL Fund to Become Accepted as Collateral on Crypto.com and Deribit
BlackRock’s BUIDL fund, a tokenized money market fund, will be accepted as collateral on Crypto.com and Deribit, offering traders a 4.5% annual yield with reduced volatility.
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Important Binance Announcement Affecting These Viral Meme Coins: Details
Binance added TRUMP, S, PNUT, VIRTUAL, SSV, HOME, and RESOLV as loanable assets, launched MYX perpetual contracts with 50x leverage, and announced delistings of CATI/FDUSD, ONE/BTC, and TLM/FDUSD pairs.
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Favrr announces IDO on coin terminal following $5M equity investment from VONROSEN
Favrr announces an IDO on Coin Terminal after securing a $5M equity investment from VONROSEN. The platform combines token launches, prediction markets, and smart investor tools, targeting cultural fandoms with its innovative Initial Fan Offering model.
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PancakeSwap Surpasses Tether with $24.6M Fees Amid Downturn
PancakeSwap generated $24.6M in fees, surpassing Tether and USDC, driven by high AB token trading volume. The DEX introduced cross-chain swaps and maintains a $1.75B TVL.
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Meta Pool hit with $27M exploit, but attacker flees with only $132K
Meta Pool suffered a $27M exploit, but the attacker only stole $132K due to low liquidity and a paused smart contract. The hacker minted mpETH tokens but couldn’t cash out fully. A recovery plan is pending.
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Kraken’s L2 network rolls out native INK token to power protocol incentives, allocation
Kraken’s Ethereum L2 network Ink will mint 1 billion INK tokens to fund liquidity, with airdrop details post-audit. Tokens won’t govern the rollup but will allocate protocol incentives.
