High-speed Layer 1 Sei 🔴💨 unveiled its V2 launch plans, sending $SEI soaring 30%🚀

Sei V2 offers Ethereum compatibility and will allow multiple transactions to be processed simultaneously.

thedefiant.io/news/blockchai…

S&P believes in bringing asset management onchain, The Defiant reports.

In the report, the rating agency argues that tokenized funds offer significant efficiency benefits over TradFi infrastructure:
• 24/7 liquidity
• Access to liquid collateral
• Access to real-world yields

JUST IN

An attacker is using flashloans to exploit Solana memecoin launchpad pump.fun🚨

Trading has been paused on the site, and the team says it has upgraded the smart contracts so that additional assets cannot be stolen.

thedefiant.io/news/defi/atta…

📈Crypto markets dipped slightly after the latest US jobless claims report.

BTC is up 0.5% and SOL nearly 4%, but crypto stocks like Coinbase, Riot, and Marathon are down.

What do you think is driving these mixed signals?

Read more:
thedefiant.io/news/markets/c…

🎉 Solana overtook Ethereum by daily revenue for the first time. But users are paying heavy fees to transact.

Average fees on Solana are significantly higher than on Ethereum's leading L2s.

Do you think Solana will flip Ethereum? Let us know below! 👇

thedefiant.io/news/blockchai…

👀 Institutions accumulated $10.7B worth of spot Bitcoin ETF shares in Q1!

Bitcoin is bouncing in response to the news, with BTC gaining 6% in 24 hours

Do you think institutions will keep buying Bitcoin ETF shares? Let us know below! 👇

Read More: thedefiant.io/news/markets/b…

Sponsored

Bitcoin Is More Than You Think 🟧

Stacks is a prominent Bitcoin L2 with a thriving ecosystem of DeFi applications like ᛤ ALEX 🟧 THE Finance Layer on Bitcoin ᛤᛤᛤ, Bitflow and Stacking DAO.

Learn about the world of Bitcoin and how you can start exploring BTCFi 👇

thedefiant.io/bitcoin-decent…

Ethereum Layer 2 Blast has postponed its TGE and airdrop to June 26.

Originally scheduled for the end of May, Blast is distributing two extra allocations of Gold to compensate for the delay.

thedefiant.io/news/defi/blas…

USDC issuer Circle plans to shift its legal domicile from Ireland to the U.S.

The move comes ahead of the Circle's potential IPO, for which it filed paperwork with the SEC in January.

Read more:
thedefiant.io/news/defi/circ…

Ethereum-based NFTs are selling off as the end of Blur's Season 3 approaches.

The top collections listed on Blur are bleeding as farmers offload their bags.

Read more here:
thedefiant.io/news/nfts-and-…

🚀 Crypto markets are bouncing back this morning after a lighter-than-expected inflation report.

📉CPI came in at 0.3% for April, below the 0.4% estimate!

Where do you think the market is heading?

Read the full story:
thedefiant.io/news/markets/c…

This week's sponsor is Fyde Treasury Protocol!

Fyde provides DeFi users an AI powered portfolio and liquidity optimization solution.

Learn more about Fyde and everything they have to offer in our recent explainer article: thedefiant.io/education/fyde…

BREAKING

Sonne Finance, a DeFi lending protocol based on Optimism, has been exploited to the tune of $20 million.

thedefiant.io/news/defi/sonn…

♾Infinex, a non-custodial platform that aims to simplify access to cross-chain DeFi, has attracted $60 million of USDC in less than two days.

The project is distributing 377M Governance Points over 30 days.

Read more:
thedefiant.io/news/defi/infi…