This week, Coinbase added support for PayPal’s recently-launched stablecoin, PYUSD, which began trading yesterday.
This week, decentralized exchange Balancer identified a "critical vulnerability" in some of its V2 pools. The project’s team was able to almost immediately mitigate 80% of the threat, however around 4% of the protocol’s funds – or $33M – remained at risk.
This week, opBNB's EVM-compatible Layer 2 network on BNB Chain has progressed beyond its testnet phase, with its mainnet now accessible to infrastructure providers – one step closer to a public mainnet launch.
This week, PayPal launches its own stablecoin, Base kicks off "on-chain summer", the Curve exploiter returns funds to Alchemix, and MakerDAO's DSR increase boosts Spark TVL.
This week, drama surrounds Curve's CRV, Coinbase's Base mainnet becomes a roller coaster and the IRS says staking rewards are taxable as soon as they're received.
This week, Eco launches its Beam wallet with "cash-like" payments, Flashbots obtains unicorn status, Binance lists the new FDUSD stablecoin with zero fees, and MakerDAO votes for an 8% DSR.
This week, Uniswap announces its own DeFi aggregator, Synthetix dives into perpetuals contracts, Chainlink launches its interoperability protocol, and Aave finally launches its GHO stablecoin.
This week, Linea launches on mainnet in alpha, Aave votes to launch GHO, more funds go missing from Multichain, and Eclipse hires former Uniswap and dYdX business head Vijay Chetty.
This week, IDEX announces it's going to L2, Ethereum considers an anti-exploit standard ERC-7265, Abracadabra DAO looks at a centralized legal structure, and Balancer proposes a new staking system.
This week, TUSD briefly loses its peg, Maple Finance launches a direct lending arm, ZKSync developers launch the ZK Stack, and dYdX announces a date for its Cosmos testnet.
This week, BNB Chain launches an OP-based L2, Polygon proposes transitioning from PoS to zkEVM, Ethereum looks at increasing validator ETH limits, and Curve Finance votes to add WETH as collateral.
This week, Tether encounters a mild de-pegging situation, Uniswap teases v4, Frax announces its own Layer-2 and a large CRV-collateralized loan scares the market.