Crypto Projects Hide 99% Market Maker Deals
Novora reports 91% of crypto protocols generate revenue, yet <1% disclose market maker deals, posing risks to token pricing and liquidity. #Update #Crypto
Decentralized finance (Defi)
Coinbase Expands with Sensible Co-Founders
Coinbase acquires Sensible co-founders Jacob Frantz and Zachary Salmon in a strategic talent grab, enhancing their team. #Update #Crypto
Tokenized Loans Near $16B APR Drops
Active tokenized private credit loans near $16 billion, with APR slipping below 10%, reflecting rapid market growth and consolidation. #Update #Finance
Ethereum Lender 3Jane Secures Paradigm Funding
@3JaneProtocol raised $5.2M in a seed round led by Paradigm to develop scalable, uncollateralized credit infrastructure on Ethereum. #Update #Crypto (+6) ↗
Bitcoin DeFi Revolutionized Fast Low-Cost Settlement
@MagicEden partners with Spark to offer fast, low-cost bitcoin settlements, enhancing DeFi trading efficiency for stablecoin-to-$BTC swaps while preserving bitcoin’s trust model. #Update #Crypto $BTC (+4) ↗
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) ↗
Oxbow Expands Privacy Pools for Institutions
@OxbowDeFi has removed deposit limits on its Privacy Pools tool, allowing unrestricted $ETH transactions while ensuring compliance. #Update #Crypto $ETH (+3) ↗
Solana Treasury Grows to 400091 Tokens
@DeFiDevCorp acquired $11.2M in $SOL, raising its holdings to 400,091 tokens valued at $58.5M as of May 6, 2025 #Breaking #Crypto $SOL (+8) ↗
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) ↗
Ethereum Spurs Record Liquidations on Aave
@AaveAave V3 on Ethereum saw $98.6M in liquidations from April 6-7 amid market volatility, marking the highest since February. #Update #Crypto $ETH (-4) ↘
OM Token Plummets 90% Insider Sell-Off
@MANTRADAO faces turmoil as its $OM token plummets 90%, with investors alleging insider sell-offs erasing $5 billion in value. MANTRA cites ‘reckless liquidations’ for the crash. #Breaking #Crypto $OM (-9) ↘
Blockchain Surge Sonic Nears $1 Billion
@SonicBlockchain’s total value locked surged 2,951% this year, nearing a $1 billion milestone as announced on March 27. #Update #Crypto (+7) ↗
Crypto Regulation Repeal Awaits Trump Approval
The Senate voted 70-28 to overturn an IRS rule targeting DeFi developers, marking a significant crypto win now awaiting Trump’s approval. #Breaking #Legal $BTC (+8) ↗