Optimism Redirects $49.7 Million Airdrop Reserve After Late Deciding Vote
Optimism governance approved a proposal to move 546.9 million OP tokens, valued at roughly $49.7 million at the time of the vote, from an allocation reserved for future user airdrops into a Strategic Ecosystem Fund administered by the Optimism Foundation. The change removes the remaining dedicated… Read the full story at The Defiant
Arbitrum Activates Elara With Optional Compliance Filters for Dedicated Chains
Arbitrum activated ArbOS 61 Elara on Aug. 20, adding optional protocol-level transaction screening, priority-fee support and an alternative data-availability interface for dedicated chains, while changing base-fee administration and expanding Stylus capacity on Arbitrum One. The upgrade went live… Read the full story at The Defiant
Trump Says CFTC Working to Onshore Hyperliquid
President Donald Trump said CFTC Chair Michael Selig is working to bring Hyperliquid into the United States in a fully compliant and legal fashion, putting the White House behind a domestic path for a perpetual futures venue that currently geoblocks American traders. Trump made the remark Wednesday… Read the full story at The Defiant
How Maple Finance Became the #2 Crypto Lender Behind Tether — Sid Powell Explains
🎧 Listen to Interview 💻 Watch Video… Read the full story at The Defiant
Bitcoin Tops $68,000 as Short Liquidations Hit $1.7 Billion
Bitcoin traded above $68,000 and ether gained 9% on Wednesday, forcing $1.91 billion of leveraged positions to close, according to Coinglass. Shorts made up $1.74 billion of that total, roughly eight times the volume of liquidations recorded over the previous 24 hours. The trigger came from the… Read the full story at The Defiant
HSBC and Standard Chartered Complete First Live Transaction on Swift Blockchain Ledger
HSBC and Standard Chartered completed the first live cross-border bank-to-bank tokenized-deposit transaction on Swift’s blockchain-based ledger, advancing the system from readiness for initial use to its first interbank transaction. The banks exchanged payment messages using the ledger and recorded… Read the full story at The Defiant
Maya Protocol Exploit Drains $1.7 Million From Shared Liquidity
Maya Protocol was exploited for roughly $1.7 million after an attacker inflated accounting with a false subsidy, then added and removed liquidity to extract about 48.87 million CACAO and 98.82 LINK, according to blockchain security firm CertiK. CertiK said the assets came from shared liquidity. In… Read the full story at The Defiant
Gnosis Chain to Abandon Its Validator Set and Settle to Ethereum
Gnosis Chain is transitioning from a standalone Layer 1 to an Ethereum-settled rollup and retiring its independent validator set, according to an announcement from Gnosis Chain and a proposal published on GnosisDAO’s governance forum. For GNO stakers, the approved direction would unlock roughly… Read the full story at The Defiant
Hayden Adams Says AMMs Will Win The Biggest Markets. A Former XTX Trader Says They’re Going To Zero
Hayden Adams published his first blog post since 2019 on Monday night, arguing that automated market makers will take over the world’s largest markets once tokenized assets begin trading against each other rather than against dollars. By Tuesday afternoon a former XTX Markets trader had replied… Read the full story at The Defiant
Aligned Details ALIGN Airdrop 20 Months Later
Aligned published the terms of its ALIGN airdrop on Tuesday, 20 months after registration for the drop closed. The company did not say when the token launches. Every figure in the post is pegged to a token generation event that Aligned has not set a date for. The ALIGN contract on Ethereum records… Read the […]