Restaking loses steam as Ether.fi abandons EigenLayer and pivots to crypto neobanking
Ether.fi will detach from EigenLayer this quarter, ending its restaking activities after profits fell sharply and a major bridge hack exposed systemic risks.
Topic
DeFi
Every story we have filed on DeFi.
13 stories
USDT supply surge does not translate into higher DeFi contract balances on Ethereum or Tron
New BIS data show that while USDT issuance rose through 2024, the share held in smart-contract accounts on Ethereum and Tron fell, questioning the link…
Compound DAO’s $52 million COMP purchase sparks governance clash over reserve use
The Compound DAO spent protocol reserves to acquire COMP tokens, prompting delegates to allege a breach of the reserve mandate.
Coordinated memecoin schemes emerge on fast-growing Robinhood Chain
Security researchers have uncovered two separate rug-factory operations funneling millions of dollars through Robinhood Chain’s booming ecosystem.
Ethereum’s Hegotá upgrade may mark the end of conventional hard forks
Co-founder Vitalik Buterin says the 2027 Hegotá upgrade could be Ethereum’s last traditional fork before a shift to cryptographic verification.
OpenZeppelin rolls out audited smart-contract suite for TRON developers
OpenZeppelin introduced a TRON-focused library and tooling package, aiming to streamline secure contract creation on the network.
Balancer DAO weighs 6 million-token fork grant as it prepares to wind down
A proposal to allocate up to 6 million BAL to a fork could lower the redemption payout for existing holders when the protocol closes.
EU regulators push for new rules on DeFi lending before end-September deadline
The European Banking Authority has asked the EU Commission to examine how MiCA should cover services that link users to decentralized finance loans.
Bitcoin eases after options expiry as XRP and Solana surge ahead
Bitcoin slipped to around $83,600 while XRP and Solana posted double-digit weekly gains.
KelpDAO Sues LayerZero Over $292 Million Cross-Chain Exploit
KelpDAO alleges LayerZero’s undisclosed weaknesses allowed a $292 million exploit that drained rsETH and wiped $20 billion from DeFi TVL.
Token-to-token pools dominate XRPL AMM volume despite minimal trade count
Two newly created token-token pools accounted for over 97% of reported XRPL AMM volume, but only 185 trades occurred in the seven-day window.
Sui’s DeFi TVL Surpasses $1.2 B, Driven by NAVI Protocol and Market Gains
Sui’s total value locked hit about $1.21 billion in the September 22 snapshot, with NAVI Protocol contributing over $420 million.
DoubleZero launches fiber-based market data feed for Hyperliquid traders
DoubleZero now offers a dedicated fiber network delivering real-time Hyperliquid order-book data to professional trading firms.