Decentralized Finance TVL Recovers to $100B After July Lows
Between June 19 and July 19, within a 30-day period, the total value locked (TVL) in decentralized finance (defi) dropped below the $100 billion mark, hitting a low of $86.3…
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Lido Finance discloses 20 slashing events due to validator config issues
The initial impact amounted to 20 Ether, worth $31,000, while the validator involved has now been taken offline.
Redemption and Reshuffling: BUSD’s Exit From Top 10 Cryptocurrencies Shakes Market Valuations
It has been 21 days since Paxos revealed that it would no longer mint the stablecoin BUSD. Since then, over 7 billion BUSD stablecoins have been redeemed. Prior to the…
Proof-of-Work Proponents Question Validator Censorship as 59% of Staked Ethereum Is Held by 4 Companies
Prior to The Merge, Ethereum used to have dozens upon dozens of mining pools dedicating hashrate toward the blockchain network. That has all changed and most of the miners transitioned…
DeFi contagion? Analysts warn of ‘Staked Ether’ de-pegging from Ethereum by 50%
Liquid staking firms could default on their Ether obligations if The Merge does not happen.