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Lido reports increased TVL and ‘remarkable’ protocol adoption in July

Lido claims to have experienced “remarkable adoption of the protocol” with more than 10,000 new stakers using it in July.

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Author: Adam James

Crypto Options Traders Are Still Shorting Bitcoin Volatility

“Given the absence of big news in August, selling volatility and taking a vacation for solid theta gains is the only thing I can do right now,” one trader said. Crypto traders typically short volatility by selling or writing call/put options.

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Author: Omkar Godbole

Huobi’s Stablecoin Reserves Down 30% Amid Reports of Executive Arrests

Data from Nansen.ai shows that users have withdrawn $44.8 million in stablecoins during the last week.

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Author: Sam Reynolds

Curve Recoups 73% of Hacked Funds, Bolstering CRV Sentiment

A public bounty is now open for finding the remaining funds with a $1.8 million reward.

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Author: Shaurya Malwa

MakerDAO’s Spark offers 8% yield on Dai, blocks VPN use on front end

MakerDAO increased its DAI savings rate from 3% to 8%, making it one of the highest rates offered by a major stablecoin issuer.

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Author: Vishal Chawla

Monthly stolen NFT value declining alongside traders and volume

Fewer dollars worth of NFTs were stolen in July than the month prior — continuing a downtrend in line with declining NFT interest.

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Author: Adam James

First Mover Asia: Bitcoin Teases $30K While the Long Wait for an ETF Continues

Trading volume is down, but all signs point to a break-out around the corner.

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Author: Sam Reynolds

Curve offering $1.85 million bounty for exploiter’s identity (and conviction)

Curve is offering a public bounty for identity information that leads to its exploiter’s conviction — unless they return the funds in full.

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Author: Adam James

Worldcoin activity surges in week following launch, project claims

Weekly global World ID verifications increased by more than 100% in the week following Worldcoin’s launch from beta, the project claims.

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Author: Adam James

OPNX bids for beleaguered lender Hodlnaut: Bloomberg

Citing a term sheet, Bloomberg reported that the deal would result in OPNX owning 75% of Hodlnaut.

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Author: Frank Chaparro


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