Welcome to the 178th issue of The Defiprime Post, a quick weekly primer covering the biggest developments around Ethereum and DeFi. This week’s issue covers events between January 14th and January 21st, 2024.
🔥 The DeFi Bulletin
- Socket and Bungee restarted their operations after a $3.3M exploit.
- Ethereum devs implemented the Dencun upgrade on the Goerli testnet.
- Manta replaced Base as the fourth largest scaling solution.
- WalletConnect introduced the Web3Inbox app for its wallet.
- Delphi Labs introduced the Asteroid protocol, which enabled inscriptions on Cosmos.
- PGN, a Gitcoin-backed L2 network, is shutting down operations by mid-2024.
- Saros announced the upcoming Saros Super App and the launch of $SAROS.
- Conflux introduced its EVM-compatible BItcoin L2 solution.
- AltLayer announced the token launch of $ALT on Binance.
- The Klaytn Foundation and Finschia Foundation announced the possibility of a future merger.
- Galaxy published its report on Crypto’s fourth quarter of 2023.
- TokenInsight released its report on Crypto Exchanges in 2023.
- 0xScope V2 launched with a new AI data layer focus and a new $5M funding round.
- Renzo, an EigenLayer-based restaking protocol valued at $25M, raised $3.2M in seed funding.
💵 State of the Stablecoins
💱 DEX Report
- Jupiter, a Solana DEX aggregator, confirmed its token release date.
Thanks for reading, and be sure to catch the 179th issue of The Defiprime Post out this time next week! 👋♦️👋
