unfolded. DeFi

Jupiter has acquired a majority stake in Moonshot — link

Crypto czar David Sacks says NFTs and memecoins are collectibles, not securities — link

Aave TVL in terms of ETH hit a new all-time high — link

Pantera Capital leads $7 million seed round for rollup platform Radius — link | tl;dr

Fogo raises $8 million at $100 million token valuation via Cobie's Echo in 'under two hours' — link | tl;dr

Ranger labs raises $1.9m, eyes AI-Powered crypto trading product — link

Solana-based stablecoin supply hits new peak, surpassing $10 billion — link | tl;dr

Rune drops 30% as THORChain suspends THORFi operations amid 'restructuring' efforts — link | tl;dr

Solana daily REV sets new all time high at $56.5M, more than double the previous high of $27.2 set back in November — link

Circle unveils Paymaster to allow USDC stablecoin to be used for gas fee payments — link | tl;dr

Ink, the Ethereum L2 incubated by Kraken, works with Optimism to push the bar forward on permissionless fault proofs — link | tl;dr

NFT project Azuki's Animecoin debuts at $1.2B FDV amid airdrop — link | tl;dr

The amount of ETH staked is now experiencing its second largest drawdown from all-time highs in relative terms since staking withdrawals were enabled in the April 2023 Shapella upgrade.

788k ETH (2.3% of stake) have been unstaked since the ath of 34.76m ETH on November 7, 2024 — link

Frax community discusses proposal to invest $5 million in Trump-backed WLFI token — link | tl;dr

Corn raises $8.3 million in community funding to push Bitcoin’s use on its Ethereum Layer 2 — link | tl;dr

Bitwise Doge ETF registered in Delaware — link

AngelList, CoinList partner to help crypto startups raise and manage funds — link | tl;dr

Daily transaction fee spending on Solana reached nearly $50 million, hitting an all-time high — link

Crypto wallet Keplr raises $5 million seed round at $50 million valuation — link | tl;dr

Founder of Lido and P2P .org, creates "Second Foundation" for Ethereum — link