Cardano’s Chang Hard Fork to Decentralize $13 Billion Blockchain
Quicktake: Cardano's significant hard fork could occur by mid-July. The hard fork will transfer control of the blockchain to ADA...
Defi
DeFi Tokens Plunge 10%-20%, Led by Pendle Amid Weak Crypto Price Action
Quicktake: Pendle governance token declines by 20% due to $3 billion TVL loss and diminished airdrop hype. AAVE and LDO...
Ethena’s Symbiotic Edge: Challenging EigenLayer in the Restaking Arena
Quicktake EigenLayer's Dominance: EigenLayer has amassed significant capital, becoming a leading DeFi protocol by attracting over 5.4 million ETH. Symbiotic's...
Lido’s LDO Token Surges After Jump Crypto President’s Resignation
Quick Take: Lido's LDO token increased by 7% following Jump Crypto president Kanav Kariya’s resignation. Jump Crypto's consistent selling of...
Bitcoin DeFi Protocol Alex Lab Links $4 Million Exploit to North Korea’s Lazarus Group
Quick Take: Alex Lab suffered a $4.3 million exploit in May. The project has linked the attack to North Korea's...
The Memecoin Mirage: A Speculative Sideshow Threatening DeFi
QUICK TAKE Speculative Hype: Memecoins, driven by social media and celebrity endorsements, capture massive attention. Market Impact: Memecoin market cap...
Decentraland Revisited: Exploring the Metaverse’s Persistent Appeal
Quicktake: Metaverse's Evolution: Despite the decline in hype, consumer brands continue to engage with the metaverse. Valuations Soar: The Sandbox...
Wall Street’s Foray into DeFi Signals the End of Anonymity
QuickTake: Wall Street's entry into DeFi will necessitate identity checks. DeFi protocols will increasingly implement identification procedures. A new hybrid...
GameStop’s Pre-Market Surge Propels Dog-Themed Tokens like Floki and Dogwifhat Upwards
Quick Take: GameStop's pre-market rally of 19% ignites movement in dog-themed tokens. Floki and dogwifhat climb as much as 8%...
Ethereum ETF Optimism Sends DeFi Metrics Soaring
QUICK TAKE Increased optimism for Ethereum spot ETF approval is driving users back to Ethereum. Ethereum traders generated over $3.3...