DeFi
Coinbase wants developers to create a decentralized stablecoin on its Layer 2 network that will put purchasing power back in the hands of users.
The Euler hacker returned $90 million worth of ETH to the protocol over the weekend, sending the EUL token up 60% in 30 minutes.
Business
Do Kwon plans to contest a Montenegrin court’s order for a month-long detention as South Korea puts extradition plans in motion.
MakerDAO’s community has voted to keep USDC as the main reserve asset despite the depegging event earlier this month.
FTX debtors will sell the $95 million of preferred stock and $1 million SUI token warrants in Sui blockchain creator’s Mysten Labs.
High levels of network congestion caused Arbitrum’s main website and blockchain scanner Arbitrum to crash shortly after the airdrop went live.
Terraform Labs founder Do Kwon has been arrested in Montenegro after attempting to leave the country with falsified documents.
Avalanche developers issued an emergency fix after a bug tied to a network update triggered nodes to fail.
FTX has entered an agreement to claw back 99% of the value of assets held at Modulo Capital, a firm funded by Sam Bankman-Fried.
MetaMask Institutional has developed an ETH staking marketplace for institutions along with Allnodes, Blockdaemon and Kiln.