The rise in Bitcoin’s price has spurred investment in the cryptocurrency industry. October witnessed the highest level of crypto investment since September 2022. Can crypto euphoria in U.S. trigger more VC deals?

The newly launched restaking product has already attracted $25 million in TVL, making Jito the second-largest restaking protocol on Solana.

The exchange aims to strengthen its market position by tapping into the extensive network of Solana traders.

The protocol allows holders to lock their Bitcoins, earn the rights to validate PoS chains, and receive yield as a return.

Penpie is currently on hold and seeking negotiations with the hacker to recover the stolen funds. Pendle continues to operate as usual.

As liquidations mounted to $400 million, DeFi protocols performed reliably, safeguarding user assets against losses.

They used substantial token holdings to pass a proposal withdrawing 5% of Compound Treasury for yield strategies. This move raised concerns as governance lost control of the treasury funds without clear returns, likely for the personal gains of a small group of people.

Quickly becoming a top contender, Symbiotic leverages Lido’s backing to position itself against EigenLayer in the restaking market.