Today In DeFi - SMG Halts Ethereum (for 12s), Polygon 2.0 Architecture, Stable farms and more
SMG Halts Ethereum
Special Mechanism Group "halted ethereum transactions” for 12 seconds, by exploiting PBS (proposer builder separation). SMG achieved this by proposing an empty block and outbidding others for block inclusion. In their thread, SMG argues for a more censorship resistant approach.
Polygon Restaking and Bridge
Polygon Labs has announced Polygon 2.0 architecute, including an interoperability layer, and Staking Layer which will use Polygon’s token via restaking.
Lido Treasury Staking
Cosmos and Polkadot Bridge
Centauri Bridge launched, connecting Polkadot and Cosmos ecosystems.
Reserve Gets License
Reserve Protocol got a license from OFAC to operate in Venezuela through its Rpay stablecoin wallet.
DeBridge on Solana
deBridge is now live on solana, allowing for transfers between EVM and Solana blockchains.