DEFI & CRYPTO JUST SAW ITS BIGGEST MILESTONES IN 7 DAYS 🚨👀💰
Between 20 August and today, top crypto protocols rolled out game-changing updates that bring real cash flows and historic blockchain firsts.
1️⃣ Bitcoin: On 26 August, the first quantum-safe Bitcoin transaction was mined in block 964,199, proving BTC can defend against future quantum attacks without changing consensus rules.
2️⃣ Hyperliquid ($HYPE): Activated AQAv2 with Circle and Coinbase, earning yield on multi-billion dollar USDC reserves to route 90% into HYPE buyback and burns ($135M to $160M per year).
3️⃣ Ethena ($ENA / $USDe): Proposed using 95% of net protocol revenue to buy back ENA from the market, with revenue sharing scaling higher as USDe passes $7.5B and $10B.
4️⃣ Chainlink ($LINK) & Coinbase: Launched tokenized Apple, Nvidia, Meta, and Google stocks on Base with day-one liquidity on Aerodrome, powered 24/7 by Chainlink feeds.
5️⃣ Pyth Network ($PYTH): Turned on paid Hermes API subscriptions across 300+ apps, shifting into a commercial business routing fees to PYTH buybacks.
6️⃣ Injective ($INJ): Became an SEC-registered transfer agent for compliant on-chain securities and activated the IIP-677 upgrade.
7️⃣ Sky ($SKY / $USDS): SparkLend hit $6.8B in deposits with USDS loans up 35.9%, using its $100M+ quarterly surplus to buy and burn SKY.
8️⃣ EigenLayer ($EIGEN): Proposed ELIP-12 to route 100% of EigenCloud computing fees into EIGEN token buybacks.
⚠️ 2 EXPLOITS ($17M LOST):
• Moonwell lost $8.7M from manipulated MAMO collateral on Base.
• Term Finance lost $8.5M in a hostile governance takeover.
which update surprised you the most? 👇
#DeFi #Crypto #Bitcoin #Hyperliquid #Altcoins
Between 20 August and today, top crypto protocols rolled out game-changing updates that bring real cash flows and historic blockchain firsts.
1️⃣ Bitcoin: On 26 August, the first quantum-safe Bitcoin transaction was mined in block 964,199, proving BTC can defend against future quantum attacks without changing consensus rules.
2️⃣ Hyperliquid ($HYPE): Activated AQAv2 with Circle and Coinbase, earning yield on multi-billion dollar USDC reserves to route 90% into HYPE buyback and burns ($135M to $160M per year).
3️⃣ Ethena ($ENA / $USDe): Proposed using 95% of net protocol revenue to buy back ENA from the market, with revenue sharing scaling higher as USDe passes $7.5B and $10B.
4️⃣ Chainlink ($LINK) & Coinbase: Launched tokenized Apple, Nvidia, Meta, and Google stocks on Base with day-one liquidity on Aerodrome, powered 24/7 by Chainlink feeds.
5️⃣ Pyth Network ($PYTH): Turned on paid Hermes API subscriptions across 300+ apps, shifting into a commercial business routing fees to PYTH buybacks.
6️⃣ Injective ($INJ): Became an SEC-registered transfer agent for compliant on-chain securities and activated the IIP-677 upgrade.
7️⃣ Sky ($SKY / $USDS): SparkLend hit $6.8B in deposits with USDS loans up 35.9%, using its $100M+ quarterly surplus to buy and burn SKY.
8️⃣ EigenLayer ($EIGEN): Proposed ELIP-12 to route 100% of EigenCloud computing fees into EIGEN token buybacks.
⚠️ 2 EXPLOITS ($17M LOST):
• Moonwell lost $8.7M from manipulated MAMO collateral on Base.
• Term Finance lost $8.5M in a hostile governance takeover.
which update surprised you the most? 👇
#DeFi #Crypto #Bitcoin #Hyperliquid #Altcoins
