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Michael Egorov, founder of Curve Finance, is once again facing liquidation risks. His loan, backed by 350 million CRV tokens (equivalent to $122.5 million), is being liquidated, resulting in a significant price drop for CRV. Michael Egorov Faces Liquidation of 350 Million CRV Loan, Leading to 40% Price Dump
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In the latest wave of user experience improvements for crypto wallets, Circle has announced its support for the Programmable Wallets development toolkit within the Solana ecosystem. Circle Supports Programmable Wallets Development Toolkit on Solana In their recent announcement, Circle introduced the integration of two key components into the Solana ecosystem:
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The upcoming Pectra upgrade is set to be a significant milestone for the Ethereum ecosystem, featuring numerous core changes. However, today we will focus on one particular update that may "somewhat" impact third-party Data Availability (DA) solutions. This update is PeerDAS, so let's dive in! What
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Following a successful vote, USDe (a stablecoin developed by Ethena) has officially become a supported collateral asset on the Aave lending platform. USDe Officially Supported as Collateral on Aave USDe Officially Supported as Collateral on Aave USDe Officially Supported as Collateral on Aave This integration results from a prior proposal
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Cross-chain infrastructure solution Wormhole has announced the launch of a staking feature for its W token, aimed at enhancing governance processes. Wormhole Introduces Staking Feature to Support Governance The announcement was made on Wormhole's official X account on June 6. Wormhole stated that users can now participate in
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Following the Ethereum Core Devs (ECD) meeting on the morning of June 7th, the Ethereum development team officially integrated the PeerDAS feature into the Pectra upgrade. Ethereum Integrates PeerDAS Solution into Pectra Upgrade The main topics of this morning's ECD meeting centered around the integration of Object-Oriented Format
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Paxos International has introduced Lift Dollar (USDL), an interest-bearing stablecoin, initially launched in the Argentine market. The developers have announced that USDL is a "risk-free" stablecoin with a return rate of up to 5% for holders. Paxos Launches Interest-Bearing Stablecoin Lift Dollar (USDL) Paxos International, a leading provider
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Ethena Labs' USDe stablecoin market cap has surpassed the $3 billion mark after just over four months since its launch, making it the fastest-growing stablecoin to reach this milestone. USDe Supply Surpasses $3 Billion On June 1, Ethena (ENA), a decentralized stablecoin issuance protocol, announced that the market cap
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The official vote on Uniswap's fee-sharing proposal, originally scheduled for May 31, has been delayed due to new developments. Uniswap Delays Vote on Fee Sharing Proposal Due to New Issues In an announcement early on June 1, the Uniswap Foundation stated that the vote on the proposal to
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In recent social media activity on X, representatives from Aave have subtly hinted at the possibility of developing a dedicated network for the project. Aave Founder Hints at Potential Launch of a Dedicated Network Fun fact: if Aave were a layer on its own, it would be the largest Ethereum
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On the evening of May 27, Solana approved proposal SIMD-0096, allocating all priority transaction fees (Priority Fee) to Validators. Solana Passes Proposal to Allocate All Priority Transaction Fees to Validators Specifically, in Epoch 620, the voting process for proposal SIMD-0096 concluded. The total number of coins participating in the vote
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After a prolonged period of silence, Uniswap has confirmed it will proceed with the official vote on the proposal to share transaction fees with UNI token holders. Uniswap Officially Schedules Vote on Fee Sharing Proposal for UNI Holders on May 31 In the early hours of May 25, a representative