Today in DeFi - DeFi Apps At Risk From Squarespace DNS Hijack, Coinbase Wallet New Web App Live, RAGE Tokenomics, Deposit stablecoins to earn multiple points and high yield potential, and more...

Updates 📰

• Coinbase Wallet launches a new web app that offers users a single platform for viewing and managing their entire crypto exposure, including tokens, NFTs, and DeFi positions.

• Paxos received a notice from the SEC that it will end the investigation into Paxos and Binance USD (BUSD), concluding that BUSD is not a security.

• Lido has implemented the Simple DVT Module powered by SSV. SSV-powered distributed validators (DVs) have been launched as part of the new Simple DVT Software Module, and are ready to accept deposits.

• Kinetix VE tokenomics is live, allowing users to lock KAI, earn weekly rewards, and vote, with bribes available to all projects.

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Issues 🚨

• Multiple crypto projects had their domains hijacked following a DNS attack targeting web hosting service provider Squarespace. Over 220 DeFi apps with a Squarespace domain, such as Compound, Pendle, Celer, etc. front-ends are at risk and users are suggested to avoid using them before projects secure their domains.

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Upcoming ⏳

• Spark Lend announces Spark Tokenization Grand Prix, an open competition to onboard $1 billion in tokenized RWAs to MakerDAO. Applications will open from August 12.

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Airdrops 🪂

• Rage Trade releases the RAGE tokenomics, with 6.5% distributed to airdrop receivers including V1 &V2 users and Hyperliquid OG spot traders.

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Farms 🧑🏻‍🌾

• Add your GHO on Spectra Finance to earn ~30.68% APR from AAVE and Merit Program

  • Today in DeFi is supported in part by ACI

• Solv will open SolvBTC Babylon 2nd epoch deposits on July 12, 12:00 UTC with a 500 BTC cap. Users will be able to stake BTC to earn rewards on Ethereum, BNB Chain, Arbitrum, and Merlin Chain.

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