DeFi protocol Morpho is the first layer-2 to launch on @Coinbase’s Base, enhancing capital utilization with MetaMorpho Vaults. Morpho’s TVL has surged by 205% YTD, reaching $1.82B. This move could outpace its Ethereum version within a year. #DeFi
Uniswap Labs challenges the SEC’s Wells notice, calling the agency’s DeFi regulation attempts misguided and legally flawed. They argue that the $UNI token is not an investment contract and assert their decentralized exchange aligns with the SEC’s mission. #DeFi #Update
Crypto market hits all-time highs in 2024! @Cryptoheap offers staking plans, with up to 15% returns. Daily plans start at $100 USDT with $1 rewards. Popular options include $TONIC and $SUI. High-security measures in place. #Update #CryptoNews
.@OkayCoin launches crypto staking services in South Korea, starting June 15. This aims to meet the rising demand for passive income from digital assets. Regulatory challenges remain, but the market is promising. #CryptoStaking #Update
Uniswap ($UNI) surged 10% in 24hrs to over $11, now 17th in market cap at $8.74B. Driven by Amber Group’s $20M purchase, UNI rose 17.1% in a week and 63.6% in 30 days. #Update #CryptoNews @Uniswap
$UNI surged 9% to $10.69 after @Uniswap teased a new Layer-2 integration, likely ZKsync. Market cap hit $6.4B, making it the 18th largest crypto asset. #CryptoNews #DeFi
The WA State DFI has alerted on a $310K crypto scam by Ethfinance, where an investor couldn’t withdraw funds after refusing to add money to a “smart contract.” #CryptoScam #CryptoAlert
Curve DAO ($CRV) plunged 30% to $0.27 amid massive liquidations of founder Michael Egorov’s holdings. Despite the crash, Futures OI surged 108.32% to $105.65M. #CryptoNews #DeFi
Merlin Chain (@MerlinChain) allows $BTC holders to earn staking rewards and participate in DeFi. Over $13B in BTC bridged, $700M in rewards distributed, and $1.2B in TVL. #Crypto #DeFi
MetaMask, developed by @ConsenSys, launches a new pooled staking service for Ethereum, enabling users to stake any amount of $ETH. Available globally except U.S. and U.K. due to regulations. #Crypto #Updates
The 1inch DAO is voting on a $150K USDC grant to develop a web3 crowd testing platform by xcrwd. Voting ends June 15, with 99.4% support. #Web3 #CryptoNews
DeFi Technologies ($DEFTF) adopts Bitcoin as its primary reserve asset, acquiring 110 BTC worth $7.6M. This strategic move boosts their stock by 25% and reflects Bitcoin’s deflationary edge. #CryptoNews
.@Biconomy launched the Delegated Authorization Network (DAN) on June 11, 2024, enabling safe AI on-chain delegation and improving crypto security. #Blockchain #AI
Newcomer Base is challenging Solana in the DeFi market, with daily active users surging from 437,214 to 642,630 in just two days! #DeFi #CryptoNews
