Welcome to the 188th issue of The Defiprime Post, a quick weekly primer covering the biggest developments around Ethereum and DeFi. This week’s issue covers events between March 24th and March 31st, 2024.
🔥 The DeFi Bulletin
- An attacker minted 1B $CGT governance tokens in an exploit within the Curio ecosystem.
- Prisma Finance was attacked for $12M.
- Munchables recovered $62M taken in an exploit.
- Crypto losses due to hacks have hit $336M in Q1.
- The EU is not banning self-custodial crypto.
- The CFTC reiterated that Ethereum is a commodity.
- The DeFi Education Fund and Beba are suing the SEC over its regulatory stance.
- Hopes for another DeFi summer have soared amid the new crypto rally.
- BlackRock’s Larry Fink is confident about a spot Ethereum ETF, even if Ethereum is deemed a security.
- ConsenSys urged the SEC to recognize Ethereum’s better qualities over Bitcoin for its spot ETF application.
- Pendle deposits have surged to $3B.
- Ethereum blobs are now being used to create inscriptions.
- Optimism DAO delegates now get accountability scores.
- The launch of Ethena’s $ENA token was announced.
- Cobie, a trader, launched a beta version of his angel investor platform, Echo.
- Syndicate announced its Degen chain.
- Near Protocol is to let users sign transactions on third-party chains from a single wallet.
- CoinGecko released its report on RWAs in 2024.
- StaFi deployed its liquid staking-as-a-service testnet.
- StakeStone received an undisclosed quantity of funding from Binance Labs.
- ALEX, a Bitcoin DeFi developer, secured $10M in strategic funding.
- peaq, a DePIN L1, raised $15M in pre-launch funding.
- BitLayer, a Bitcoin L2 network, announced its $5M seed funding round.
- BOB, a hybrid L2 mixing Bitcoin and Ethereum, closed a $10M funding round.
- You can farm potions on Elixir with our link.
💵 State of the Stablecoins
Thanks for reading, and be sure to catch the 189th issue of The Defiprime Post out this time next week! 👋♦️👋
