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Project Overview
Liquity is a governance-minimized, algorithmically-adjusted, decentralized borrowing protocol built on Ethereum that offers interest-free liquidity against Ether. With Liquity, Ether holders can draw zero-interest loans in the form of LUSD, a USD-pegged stablecoin, which can always be redeemed at face value for the underlying ETH collateral.
Newton Foundation: Binance attacker mistakenly transferred tokens worth approximately $3.5 million into the NEWT contract, now permanently locked.
According to a post by the Newton Foundation (@NewtonFndn), the attacker involved in the recent Binance breach appears to have made an operational error, directly transferring approximately 8 million NEWT tokens, along with 17 other tokens (ANIME, ANKR, ARPA, BARD, CELR, DENT, DOLO, FTT, GLM, HIGH, HOT, KNC, LQTY, RARE, RESOLV, SIGN, WOO) to the NEWT token contract address (0xd0ec028a3d21533fdd200838f39c85b03679285d). Valued at current prices, the total amounts to approximately $3.5 million. The foundation stated that the NEWT token contract itself was not compromised. Featuring an immutable design with no owner or administrator, all management rights were relinquished on-chain in 2025, and upgrade functionality has been permanently disabled. As a result, no one, including the foundation, can retrieve these tokens.
Polkadot Community Proposes DAO Strategy Mandate: Shifting from TVL to User Acquisition and Launching Collateralized Stable Asset dotStables
the Polkadot community recently submitted a proposal on the SubSquare platform titled "DOT DAO Strategy Mandate," advocating for a shift in the DAO's strategic focus from ecosystem expansion and total value locked (TVL) growth to end-user acquisition and real-world use cases, and planning to build a user-facing Polkadot Product Platform.Another core component of the proposal is the launch of a permissionless DOT-collateralized stable asset called dotStables, with priority support for dotUSD. The asset adopts a collateralization model similar to Liquity, aiming to ultimately convert stablecoin demand into demand for DOT. In terms of platform design, it will be compatible with existing parachain infrastructure and emphasize a freemium model, mobile-first approach, self-custody, privacy protection, and login-free user experience. Currently, the proposal is still in the governance preparation stage.
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Newton Foundation: Binance attacker mistakenly transferred tokens worth approximately $3.5 million into the NEWT contract, now permanently locked.
According to a post by the Newton Foundation (@NewtonFndn), the attacker involved in the recent Binance breach appears to have made an operational error, directly transferring approximately 8 million NEWT tokens, along with 17 other tokens (ANIME, ANKR, ARPA, BARD, CELR, DENT, DOLO, FTT, GLM, HIGH, HOT, KNC, LQTY, RARE, RESOLV, SIGN, WOO) to the NEWT token contract address (0xd0ec028a3d21533fdd200838f39c85b03679285d). Valued at current prices, the total amounts to approximately $3.5 million. The foundation stated that the NEWT token contract itself was not compromised. Featuring an immutable design with no owner or administrator, all management rights were relinquished on-chain in 2025, and upgrade functionality has been permanently disabled. As a result, no one, including the foundation, can retrieve these tokens.
Polkadot Community Proposes DAO Strategy Mandate: Shifting from TVL to User Acquisition and Launching Collateralized Stable Asset dotStables
the Polkadot community recently submitted a proposal on the SubSquare platform titled "DOT DAO Strategy Mandate," advocating for a shift in the DAO's strategic focus from ecosystem expansion and total value locked (TVL) growth to end-user acquisition and real-world use cases, and planning to build a user-facing Polkadot Product Platform.Another core component of the proposal is the launch of a permissionless DOT-collateralized stable asset called dotStables, with priority support for dotUSD. The asset adopts a collateralization model similar to Liquity, aiming to ultimately convert stablecoin demand into demand for DOT. In terms of platform design, it will be compatible with existing parachain infrastructure and emphasize a freemium model, mobile-first approach, self-custody, privacy protection, and login-free user experience. Currently, the proposal is still in the governance preparation stage.
Polaris completes $1 million angel round, with participation from the Ethereum Foundation and 30+ founders and contributors
Polaris has announced the completion of a $1 million angel round, with participation from institutions including the Ethereum Foundation, Fusion (under IPOR), Altitude, Liquity, LI.FI, as well as more than 30 founders and contributors such as Daily Gwei founder Anthony Sassano. The project is a permissionless on-chain yield protocol whose core product is the interest-bearing reserve asset pETH, alongside USDp and GOLDp, designed to provide native yield for any on-chain asset.
Binance Will Adjust Minimum Price Precision for 31 Spot Trading Pairs Including BERA, FIL, etc.
Binance will complete the adjustment to the minimum price precision for certain spot trading pairs before 13:00 on July 22 (UTC+8), involving AUCTION, BB, BERA, EPIC, ETHFI, FIL, GLMR, GTC, HFT, LQTY, PEPE, QI, RARE, RESOLV, STRK, ZIL, totaling 31 trading pairs.