On July 30, over 6,000 ETH ($11M worth) in so-called Maximal Extractable Value rewards were paid out to Ethereum validators, the most ever for a single day.
Shifke fills the gap left when Michael Kraines stepped down as CFO in April.
The $70 million weekend exploit of major platforms, including Curve, come at a time when developers are discussing changes to the prevailing AMM liquidity model.
Digital Currency Group comments on the restructuring in an investor letter.
The choice isn’t stablecoins vs no stablecoins. It’s between regulated products with low fees that protect consumers, and offshore assets with low transparency and no oversight, says Austin Campbell.
In theory, this could boost the price of DYDX, based on the basics of supply and demand.
Meme coin BALD’s 4,000,000% surge seemed to spark the huge inflows to the nascent crypto bridge.
Reddit launched Gen 4 of its NFT Collectible Avatars while Amazon expanded its blockchain tools. Also, crypto influencers shared thoughts on Threads and indicated that they aren’t ready to leave Twitter just yet.
(Steve Johnson/Unsplash, modified by CoinDesk)
Sam Bankman-Fried’s repeated efforts to contact witnesses and influence their testimony shows that “no combination of conditions will reasonably assure the safety of the community,” prosecutors said in a written filing calling for his bond to be revoked.