Uniswap Taps Rival Liquidity to Burn UNI
@Uniswap launched Aggregator Hooks on Oct. 22, connecting seven outside liquidity sources across three chains. Trades routed through them now generate protocol fees that fund UNI burns. #Update #DeFi
Decentralized applications (dApps)
Multicoin Shuns AI; HYPE Remains Largest Crypto Bet
@multicoincap, which manages $2.7B, says it will not invest in standalone AI firms. $HYPE is its largest hedge fund holding, underscoring its crypto focus. #Update #Crypto
Malicious Node-IPC Threatens 822K Downloads
Slowmist identified malicious node-ipc versions stealing credentials from 822K npm downloads; developers must pin clean versions and rotate secrets. #Update #Security
Solana Protocol Shuts Down After $8M Exploit
Carrot shuts down after $285M Drift exploit; users have until May 14 to withdraw funds before forced deleveraging. Drift recovery via IOU token based on April 1 snapshot. #Breaking #Crypto $SOL
Ethereum Indexing Revolution Challenges Gatekeepers
Blockchain indexing is vital for dApp data usability, but challenges like data portability persist. Despite @graphprotocol’s success, fragmentation across blockchains remains an issue. #Update #Blockchain $GRT
Ethereum Lender 3Jane Secures Paradigm Funding
@3JaneProtocol raised $5.2M in a seed round led by Paradigm to develop scalable, uncollateralized credit infrastructure on Ethereum. #Update #Crypto (+6) ↗
Hyperliquid Surges to $5.6B Open Interest
@LayerZero_Labs launches Hyperbridge, enhancing interoperability in @Hyperliquid’s trading ecosystem as open interest hits $5.6B, boosting cross-chain trading capabilities. #Update #Crypto $LZ (+4) ↗
Crypto Apps Benefit from Apple Guidelines
@Apple updates US App Store rules, allowing apps to link to external payment systems, benefiting NFTs and DeFi platforms by bypassing fees. Effective May 2. #Update #Crypto (+4) ↗
DeFi Surges: Total Value Exceeds $100B
The total value locked in decentralized finance (DeFi) has surpassed $100 billion, with @AaveAave and @LidoFinance leading the sector. #Update #Crypto $AAVE (+3) ↗
Hyperliquid Implements 20% Margin Requirement
@Hyperliquid DEX enforces a 20% margin ratio on fund transfers from March 15 following a $4M loss incident to enhance risk management. #Update #Crypto $ETH (-6) ↘