DeFining news: June 7th, 2023 📢 ▪️Multichain Bridge drained for $120M. Poly network also hacked (via a compromised multisig). ▪️OPNX’ oUSD “credit currency” will make it easier for crypto traders to use crypto as collateral. ▪️BarnBridge DAO is halting all work while it’s being investigated by the SEC. ▪️When Compound Finance’s CEO stepped down, the community seemed to rejoice. ▪️Some Ethereum developers are proposing a “circuit breaker” that would stop token outflows above a certain predefined limit to deter hackers. ▪️A new, BRC-69 bitcoin token standard aims to reduce Ordinals minting fees by 90%. ▪️Popular trading platform, dYdX, is launching a testnet of its own chain next week. ▪️Some senior executives of Binance have recently jumped ship. CZ seems unfazed. ▪️20 EU blockchain sandbox use cases have been revealed. ▪️TPS on Starknet’s Quantum Leap testnet are reaching triple figures. 📖For more details, see the full digest 👉 here