🐓 Investors Plow $28M Into LUSD Chicken Bonds

Hello Defiers! Here’s what we’re covering today: News Investors Plow $28M Into LUSD Chicken Bonds Coinbase’s 1.5% APY is Half the Savings Rate Offered by Banks Deribit Freezes Withdrawals and Deposits After $28M Exploit Podcast Video Daily Defiant: PayPal's Misinformation Fine Shows Why We Need An Alternative To Fintechs

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BlackRock Would Still Pursue Spot Ether ETF If Ethereum Cops Securities Designation

BlackRock’s CEO said the SEC classifying Ether as a security would not preclude spot Ethereum ETFs from entering the market.

Pantera-Backed Rollup Omni Network Announces Airdrop

3% of OMNI’s total supply will be airdropped to EigenLayer restakers, ETH stakers, various NFT holders, and Omni community members.

EigenLayer Removes Deposit Caps On Liquid Staking Tokens

The move marks the culmination of the Ethereum restaking protocol’s rollout phase.

Runestones Wants to Become the Biggest Memecoin Community, Says Creator

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Pump.Fun Takes Over Solana Memecoin Scene

The no-code platform allows anyone to create a memecoin in minutes.

Hot New Restaking Project Karak Faces Backlash Over Team’s Past

Karak has been outed as the second reincarnation of Risk Harbor, a protocol accused of running off with millions earmarked as insurance for Terra’s failed UST stablecoin.