Welcome to Finance Redefined, your weekly dose of essential decentralized finance insights — a newsletter crafted to bring you the most significant developments from the past week.
In other news, most celebrity tokens have fallen over 60% since launch, except for Iggy Azalea’s Mother Iggy token, and Arthur Hayes unstaked $9.41 million worth of Pendle tokens, raising community concerns about a potential price dump.
The company gave no explanation for the closure. Cointelegraph has approached Nocturne Labs for comment. Nocturne initially aimed to introduce private accounts and transactions to the Ethereum ecosystem.
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Uniswap ready to fight for DeFi against SEC, Bitcoin Runes hype fades: Finance RedefinedUniswap is ready to challenge the SEC over a Wells notice, while Bitcoin Runes transactions see a significant decline. Ethereum's Vitalik Buterin suggests ZK likes for Farcaster to combat preference falsification. The DeFi market remains bullish, crossing the $100 billion mark.
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Iggy Azalea’s anti-scam plan and crypto losses from hacks decline by 12%: Finance RedefinedPop star Iggy Azalea pledges to burn her own coins to combat crypto scams. Crypto losses from hacks and fraud declined by 12% in May, while the DeFi market remained strong. Read more on the latest DeFi developments and security measures.
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