Welcome to the 123rd issue of The Defiprime Post, a quick weekly primer covering the biggest developments around Ethereum and DeFi. This week’s issue covers events between December 4th and December 11th, 2022.
🔥 The DeFi Bulletin
- An attacker targeted wealthy crypto funds using Telegram chats.
- Orthogonal Trading, a trading firm, defaulted on $36M in loans due to most of their funds existing on FTX.
- Ren, backed by Alameda, is warning users of losses as it’s winding down version 1.0.
- Sherlock also underwent a Staking Pool loss due to a Maple deposit.
- SBF has been found to have funded The Block and its CEO’s apartment, with the CEO resigning.
- Ethereum developers are targeting March 2023 as the date to release staked Ether.
- Gnosis Chain has gone PoS, activating its own version of The Merge.
- Alchemy released their web3 app store, aiming to streamline Dapp access.
- Optimism announced its second round of Public Goods funding, which dedicates 10M $OP tokens.
- Chainlink launched staking in its native token, $LINK, recently.
- Hashflow has partnered with Wormhole recently, aiming to create cheaper cross-chain swaps.
- Holdr aims to launch its token, $HLDR, on December 14th.
- Perennial, a derivatives protocol, secured $12M in funding.
- Panoptic, a Uniswap-based protocol, raised $4.5M in funding.
💎 NFT News
- A lawsuit is alleging that Yuga Labs conspired with celebrities like Justin Bieber in an attempt to push Bored Ape NFTs.
Thanks for reading, and be sure to catch the 124th issue of The Defiprime Post out this time next week! 👋♦️👋