Yield products like JEPI underperform in 2023 with 15% average return decline amid Fed rate hikes
In 2023, yield products like JEPI and QYLD underperformed, with average returns dropping 15% amid rising interest rates and inflation pressures.
Trust Wallet and Ondo launch tokenized stocks and ETFs for 50+ traditional assets in 2024
Trust Wallet partners with Ondo to offer tokenized stocks and ETFs, including Tesla and SPY, providing access to over 50 traditional assets via blockchain.
Venus Protocol recovers $27 million from exploiter via force-liquidation, restores services.
Venus Protocol recovered $27 million from an exploiter via force-liquidation, restoring services for users and assets like BNB and XVS tokens.
Arbitrum launches $40 million DeFi incentive program Season One for Uniswap and GMX protocols
Arbitrum launches Season One with $40 million in incentives for DeFi protocols like Uniswap and GMX to boost liquidity and user engagement.
DeFi lending rises 72% in Q2 2024 on institutional RWA collateral adoption
DeFi lending surged 72% in Q2 2024, driven by institutional inflows and RWA collateral adoption, with Aave and Compound leading the expansion.
Venus Protocol recovers $27 million in stolen funds and restores services after exploit
Venus Protocol restored services and recovered $27 million in stolen funds after a major exploit involving BNB and XVS tokens on BNB Chain.
Secret Network, Oasis Network, and Aleo establish DeFi privacy infrastructure with zero-knowledge proofs in 2023.
Secret Network, Oasis Network, and Aleo integrate zero-knowledge proofs, processing over 1 million transactions monthly to enhance DeFi privacy infrastructure.
ETHZilla commits $100 million to Ether.fi, expanding Ethereum restaking via EigenLayer in 2024
ETHZilla allocated $100 million to Ether.fi, boosting Ethereum restaking. This trend involves EigenLayer and increases staking yields by 15% annually.
ETHZilla invests $100 million in EtherFi restaking to expand Ethereum staking options in 2024
ETHZilla, backed by Peter Thiel, allocated $100 million in ETH to EtherFi restaking, boosting Ethereum’s staking ecosystem with significant institutional capital.
Sonic approves $150 million token issuance for DAT and ETF in blockchain expansion
Sonic approved a $150 million token issuance for DAT and ETF, marking a significant milestone in blockchain governance and token distribution strategies.
