Welcome to the 183rd issue of The Defiprime Post, a quick weekly primer covering the biggest developments around Ethereum and DeFi. This week’s issue covers events between February 18th and February 25th, 2024.
🔥 The DeFi Bulletin
- The wallets of Jeffrey Zirlin, co-founder of Sky Mavis, were hacked for $9.7M in $ETH.
- Japan is seeking to allow certain VCs to directly invest in crypto.
- England’s Law Commission is seeking views on draft legislation in order to label crypto as property.
- In its filing to the SEC, Reddit revealed that it holds immaterial quantities of crypto.
- Chainalysis released its report on Crypto Money Laundering in 2024.
- Uniswap rolled out “uni.eth” subdomains with ENS infrastructure.
- Uniswap Governance proposed a significant upgrade to Uniswap protocol governance in order to incentivize more active delegation.
- Optimism distributed 10M+ of $OP, worth nearly $41M.
- Gauntlet, Aave’s $2M risk advisor, has quit due to the “inconsistent” nature of the DAO’s objectives.
- Aave Governance proposed a new “Aave-Alignment User Reward” system.
- Alchemy introduced the Modular Account as a feature of its platform.
- StarkNet announced the beginning of its event, DeFi Spring.
- Farcaster has shipped support for Solana addresses on its platform.
- OKX introduced a new ERC standard, ERC-7579, with the goal of improving the Web3 User Experience.
- RedStone published its Liquid Restaking Report for Q1 2024.
- Ethena introduced its Shard Campaign, also marking the launch of $USDe. Shards are also farmable for 5x with our link.
- Fuel Labs announced Fuel, an OS built for rollups.
- NodeShift wishes to challenge hyperscalers with its decentralized cloud.
- Succinct introduced SP1 Reth, a type-1 zkEVM built with SP1.
- Infinex, in its campaign, is claiming that its points will not convert into free tokens.
- Kelp DAO announced Kelp-Earned Points (KEP), which have added liquidity to EigenLayerPoints.
- Hack VC secured $150M for its new VC fund.
- Andreessen Horowitz invested $100M in EigenLayer.
- RW3 Ventures raised $60M for a Crypto VC fund, with the fund backed by Mubadala and Raptor Group.
- Flare, an L1 network, secured $35M in funding.
- AltLayer closed a $14.4M strategic funding round, with the round co-led by Polychain and Hack VC.
- Helius, a Solana developer platform, announced its $9.5M Series A funding round.
- Superfluid, an Ethereum-based token streaming protocol, secured $5.1M in strategic funding.
- Citrea, a Bitcoin zero-knowledge rollup, raised $2.7M in seed funding.
- Clave announced its $1.6M pre-seed funding round as complete.
- Honeypot Finance, a Berachain native DeFi-hub, closed its pre-seed funding round with an undisclosed amount of funding.
- Check out our link for farming Zircuit points.
💎 NFT News
- According to an inside source, eBay has laid off 30% of its NFT team.
- Devin Rhoden and Berman Nowlin Jr. have both been indicted on charges of money laundering and committing rug pulls.
Thanks for reading, and be sure to catch the 184th issue of The Defiprime Post out this time next week! 👋♦️👋
