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This Is the DAO
The short-lived rally on Wednesday lost steam after the U.S. Federal Reserve surprised markets by reversing its stance toward scaling back bond purchases and speeding up the expected pace of policy tightening.
STMX Surges Following Launch of Global Shop Directory; Telegram Integrates TON Crypto Wallet for 800 Million Users
Telegram has integrated a crypto wallet based on The Open Network (TON) blockchain, nearly three years after announcing plans to develop a Web3 ecosystem. Read more here.
Perfect Storm
The impact of the largest mining exodus in history has yet to fully unwind.
L1 Tokens Surge; Stargate Finance Accrues Huge TVL
Stargate Finance, touted as the first protocol to solve "the bridging dilemma", has already accrued $2B in TVL within a week of its launch. Read on here.
LDO Doubles Token Price in Two Weeks; Balancer Asks Liquidity Providers to Withdraw Funds
Balancer, urgently asked liquidity providers (LP) to exit liquidity positions due to an unrevealed security risk across all supporting chains. Read more here.
Swell Network to Launch Innovative 'Restaked Rollup' Layer 2 Chain for Enhanced Liquid Restaking
Swell Network, a liquid restaking protocol, plans to launch a Layer 2 rollup chain called "restaked rollup," developed in partnership with AltLayer and using Polygon's chain development kit.
Bumpy Ride
Hooray! The ETH/BTC pair has stabilized. When will the rotation from BTC to ETH happen? More, on Daily Bits.
Telegram Revolutionizes Channel Monetization with Toncoin Ad Revenue Sharing
Today’s outperformer is ARKM, which jumped 51.8% after Arkham Integrates MakerDAO Vaults Supporting DSR Deposits and CDPs Across All Positions.
Crypto Heads to the Capitol
Market liquidity is currently in the healthy trajectory — with the USDC/USDT ratio growing from 0.19 to the current 0.53.
BTC Accumulation Behaviors Falter; Azuki Collection Crashes After Blog Post
Azuki collection's floor price has tumbled after the release of a controversial blog post by its pseudonymous founder. Read on here.
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