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Finance Redefined: Lifeline for Terra projects, proposed Terra hard fork and more

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Binance comes to the rescue of Terra projects, Chainalysis introduces new tools to track stolen crypto funds, Do Kwon’s new proposal for a Terra hard fork and more in this week’s DeFi newsletter.

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Coin Market

Kelp restaking platform exploited, $293M drained in attack

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The attack caused a “cross-protocol contagion” that has impacted at least nine crypto protocols, blockchain security firm Cyvers said.

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Coin Market

Solana futures open interest rose by 20% this week: Is $100 SOL next?

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SOL’s steady recovery alongside the wider crypto market has traders debating whether $100 could be the next stop for the altcoin.

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Bitcoin mining difficulty falls, but projected to rise in next adjustment

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The average block time at publication is about 9.8 minutes, falling slightly short of the 10-minute block target, according to CoinWarz.

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