diff --git a/collections/_posts/2024-01-08-post176.md b/collections/_posts/2024-01-08-post176.md new file mode 100644 index 00000000..d91c7fed --- /dev/null +++ b/collections/_posts/2024-01-08-post176.md @@ -0,0 +1,43 @@ +--- +git-date: +layout: [blog] +title: "The Defiprime Post #176: Your Weekly DeFi News in Bite-Sized Fashion" +permalink: post176 +h1title: "The Defiprime Post #176: Your Weekly DeFi News in Bite-Sized Fashion" +pagetitle: "The Defiprime Post #176: Your Weekly DeFi News in Bite-Sized Fashion" +metadescription: "A quick weekly primer covering the biggest developments around Ethereum and DeFi. This week’s issue covers events between December 24th and January 7th, 2024" +category: blog +featured-image: /images/blog/post.png +intro: "This week’s issue covers events between December 24th and January 7th, 2024" +author: LimePierre +tags: ["The Defiprime Post"] +--- + +Welcome to the 176th issue of _The Defiprime Post_, a quick weekly primer covering the biggest developments around Ethereum and DeFi. This week’s issue covers events between December 24th and January 7th, 2024. + + +## 🔥 The DeFi Bulletin + +* Orbit Chain’s bridge [was hacked for $81.5M.](https://www.theblock.co/post/269809/orbit-chains-bridge-reportedly-hacked-for-81-5-million?utm_source=telegram1&utm_medium=social) +* Gamma Strategies [suffered a $3.4M exploit.](https://www.theblock.co/post/270338/defi-protocol-gamma-strategies-suffers-an-estimated-3-4-million-exploit) +* Levana Protocol [was exploited for more than $1M.](https://www.theblock.co/post/269455/levana-protocol-exploited-osmosis) +* Thunder Terminal [was exploited for 86.5 ETH.](https://www.theblock.co/post/269269/on-chain-trading-platform-thunder-terminal-hacked-for-86-5-eth-zachxbt) +* A crypto wallet founder [lost $125K to a fake $LFG token phishing attack.](https://www.theblock.co/post/269913/crypto-wallet-founder-loses-125000-fake-lfg-phishing-attack) +* The Block’s Research Analysts [released their 2024 predictions.](https://www.theblock.co/post/270037/the-block-researchs-analysts-2024-predictions) +* Kyber Network [laid off 50% of its workforce](https://cointelegraph.com/news/kyber-network-cuts-workforce-50-percent-following-november-exploit) a month after the network suffered an exploit. +* Arbitrum Orbit’s L3 chains [introduced support for custom gas tokens.](https://www.theblock.co/post/270370/arbitrum-orbit-custom-gas-tokens) +* UniSat and its creator [have taken opposing positions on a proposed network upgrade of Ordinals.](https://www.coindesk.com/tech/2024/01/03/brc-20-marketplace-creator-take-opposing-positions-on-proposed-network-upgrade) +* John Lilic [joined the Telos Foundation as an executive director.](https://www.coindesk.com/tech/2024/01/04/protocol-latest-tech-news-crypto-blockchain/) +* 2023 VC funding [went down 68% compared to the year before.](https://www.theblock.co/post/268972/crypto-vc-funding-2023-recap) +* Coinbase, Galaxy, Polygon, Multicoin, and other VCs [shared their 2024 funding outlook.](https://www.theblock.co/post/268094/coinbase-galaxy-polygon-multicoin-other-crypto-vc-funding-outlook-2024?utm_source=telegram1&utm_medium=social) +* Bracket Labs [raised $2M in pre-seed funding,](https://medium.com/@bracket_labs/bracket-labs-raises-2mm-in-pre-seed-round-5c5d95ee8fc8) with investors including Binance Labs and NGC Ventures. +* Riema [secured an angel investment](https://medium.com/@nubit_org/riema-secures-angel-investment-for-launching-the-first-bitcoin-native-data-availability-layer-49ccf0487380) for launching its data availability layer, the first layer to be Bitcoin-native. +* [Our referral link provides 10% more airdropped tokens for Kinza.](https://app.kinza.finance/#/referral?referralCode=IBQOTD) + + +## 💵 State of the Stablecoins + +* The HKMA’s chief [stated that stablecoins could become an interface between traditional finance and crypto.](https://www.theblock.co/post/269301/hkma-chief-stablecoins-could-become-interface-between-traditional-finance-and-crypto) +* Terra, a stablecoin, and other tokens [were ruled as securities](https://fortune.com/crypto/2023/12/28/judge-rules-terra-stablecoin-and-other-tokens-are-securities-in-victory-for-the-sec-and-departure-from-ripple-case/), in a victory for the SEC. + +Thanks for reading, and be sure to catch the 177th issue of _The Defiprime Post_ out this time next week! 👋♦️👋 \ No newline at end of file