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Summary: Quick Take Grayscale-linked wallets reportedly accumulated over $40 million worth of HYPE over the past week. Bitwise is looking to acquire HYPE on its balance sheet using fees from its BHYP Hyperliquid ETF. Hyperliquid's native token climb …
Summary: Written by Zoltan Vardai , Staff Writer. Reviewed by Christina Comben , Staff Editor. Written by Zoltan Vardai , Staff Writer. Reviewed by Christina Comben , Staff Editor. Kelp DAO exploit prompts DeFi protocols to rethink oracle provid …
Summary: Quick Take Arbitrum DAO voted to release the frozen $70 million worth of ETH to the DeFi United initiative. However, a May 1 court order has restricted Arbitrum DAO from moving the recovered funds, stating they need to be distributed to cre …
Summary: Quick Take Centrifuge will be the go-to platform for launching tokenized assets on Base, the Ethereum blockchain incubated by Coinbase. The firms have an existing relationship, with Coinbase contributing to Centrifuge’s previous funding rou …
Summary: Quick Take Base, launched as an optimistic rollup, is hybridizing its tech stack with Succinct’s SP1 zero-knowledge virtual machine, helping move the network toward “1-day finality.” Paradigm-backed Succinct secures some $4 billion in digit …
Summary: Quick Take The Arbitrum Security Council froze 30,766 ETH that the Kelp DAO attacker had moved to an Arbitrum One address. If approved, Arbitrum DAO will represent the largest contributor to the DeFi United initiative. The Arbitrum DAO is v …
Summary: Quick Take LayerZero, the infrastructure provider that some onlookers say is partially at fault for the $292 million Kelp DAO attack, will contribute 10,000 ETH and other support to the DeFi United initiative. Kelp says it used the default …
Summary: In brief DeFi United has received enough contributions to potentially restore rsETH, receiving contributions worth $303 million, as of Monday. The coordinated relief effort has drawn participation from across the crypto industry, including …
Summary: Morning Minute is a daily newsletter written by Tyler Warner. The analysis and opinions expressed are his own and do not necessarily reflect those of Decrypt. And c heck out our new daily news show covering all of the top stories in 5 minut …
Summary: Morning Minute is a daily newsletter written by Tyler Warner. The analysis and opinions expressed are his own and do not necessarily reflect those of Decrypt. And check out our new daily news show covering all of the top stories in 5 minute …
Summary: Quick Take Curve founder Michael Egorov has proposed a market-based way to recover bad debt in lending protocols, using Curve’s own CRV-long LlamaLend case as a pilot. Early feedback has been mixed, with some users praising the design while …
Summary: Written by Brayden Lindrea , Staff Writer. Reviewed by Felix Ng , Staff Editor. Written by Brayden Lindrea , Staff Writer. Reviewed by Felix Ng , Staff Editor. Aave asks Arbitrum to send 30K ETH from Kelp exploiter to ‘DeFi United’ Late …
Summary: Share this article X (Twitter) LinkedIn Facebook Email Aave raises nearly 80% of the $200 million it needs to cover bad debt left by Kelp DAO exploit Blockchain analytics platform Arkham said that the largest contributors are Mantle and Aav …
Summary: Aave service providers put forth a governance proposal on Friday that would contribute 25,000 ETH worth nearly $58 million from the protocol's DAO to DeFi United, a "coordinated relief effort" to restore backing for rsETH following last wee …