Bitcoin, Ether See Bull Breather as Higher Bond Yields Support Dollar
We would consider taking some profits as the crypto market is showing exuberant signs.
DeFi
Kyber Network Advises Liquidity Providers to Withdraw Funds Amid Vulnerability, Token Drops 2%
Decentralized finance (DeFi) protocol Kyber Network has advised liquidity providers on its Elastic product to withdraw funds after finding a potential vulnerability, it said in a tweet.
Olympus DAO Votes to Buy More ETH for Treasury Backing OHM Token
The rebalancing comes as ether rallies off a successful Shapella upgrade.
DeFi Could Be Forced to Incorporate and Certify, French Central Bank Says
Regulators are seeking to extend EU laws to cover more diffuse and decentralized structures.
Shiba Inu’s Metaverse Will Partially Open by 2023-End, Developers Say
The metaverse is unlikely to be fully completed on release as it will be an “ongoing project,” developers said.
Uniswap Topped Coinbase’s Trading Volume in March During USDC Depeg, U.S. Crackdown
The DEX, however, has been unable to maintain elevated periods of trading volumes in the past, CCData noted.
High Ether Yields Drive $50M to DeFi Protocol Pendle Finance
The total locked value of assets on the platform has risen over 300% since the start of this year, DeFiLlama data shows.
Developers Fork Uniswap V3, Protocol Attracts $123M in Total Value Locked
Decentralized exchange (DEX) Uniswap has been forked by developers after its Business Source License (BSL) expired on April 1.
Ethereum MEV Bot Gets Attacked for $20M as Validator Strikes Back
One of the major Ethereum MEV (maximal extractable value) bots has been targeted in an attack, allegedly by an Ethereum validator.
Unbound Finance Will Soon Allow Stablecoin Borrowing Against Uniswap LP Positions on Arbitrum
With Unbound, Uniswap V3 LPs can borrow Unbound’s stablecoin, UND, interest-free, secured against their concentrated liquidity positions.