DeFi

Stay ahead of the curve with timely insights about decentralized finance (DeFi). Blockworks reports the news that moves the industry one way or the other.

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Value distribution came to $1.9 billion distributed in Q3, though total revenues have yet to beat 2021 heights

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With tBTC under the hood, Acre abstracts bridging and converts non-BTC rewards to bitcoin

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The $200M Sharplink plan combines staking, Eigencloud AVS rewards and partner incentives under qualified custody

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The project’s ICO page showed more than $150 million in bids at $3 billion FDV

by Blockworks /
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All Core Devs confirmed testnet deployments and Holesky shutdown on schedule

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With 10Y Treasury yields falling below 4%, Spark is moving $100M into Superstate’s crypto carry fund

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Companion “Wallet” software now includes an “Enterprise Multisig” built on Safe, but adds on-device clear signing

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Jupiter reports $45 million in Q3 revenues

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As AI reshapes the demand for infrastructure, Bitcoin miners are reinventing themselves as energy-first compute providers

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From The DAO to Mango Markets, a documentary puts the spotlight on whether immutability should trump intent

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Praise from EF leaders, warnings from skeptics — and a community deciding whether this is a threat or a forcing function

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ZachXBT says $3 million worth of XRP from a crypto user in the US was laundered through Huione-linked OTC venues

by Blockworks /
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Marketplace to allocate 50% of token supply to the community and use half of the launch revenue for SEA buybacks

by Blockworks /
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Longtime Ethereum developer developer Dankrad Feist announced he will join Tempo

by Blockworks /
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DePIN startup’s raise combines equity from Framework Ventures and project financing from Turtle Hill

by Blockworks /
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Protocol says a USD synthetic is coming, rounding out DEX and lending

by Blockworks /
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Stablecoins are blockchain’s “ChatGPT moment” says Citi analyst Sophia Bantanidis at DAS London

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Bitcoin miners are up more than 150% this year as investors re-rate them as energy infrastructure providers

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The new Rootstock Institutional unit aims to connect professional investors to Bitcoin-native yield and liquidity strategies anchored in BTC’s security layer

by Blockworks /
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Friday saw dramatic crypto market activity in the hours after President Donald Trump threatened a new flare-up in US-China trade tensions.

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Speculation about a DAT company steering Ethereum overlooks its governance: messy and resistant to corporate capture

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Jupiter’s ecosystem will gain a native stablecoin, JupUSD, built with Ethena Labs’ infrastructure and backed by USDtb and USDe

by Blockworks /
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Pipe’s testnet has delivered 60+ PB of data across ~290,000 Point of Presence (PoP) nodes

Decoding crypto and the markets. Daily, with Byron Gilliam.