Weekly Article Recap: 4/24-4/28

Recapping the Week in DeFi

As the DeFi and crypto space continues to evolve at a rapid pace, it's essential to stay informed about the latest developments and trends. Our weekly recap provides you with a concise yet comprehensive overview of the most significant news and trends in the DeFi and crypto space, helping you stay informed and up-to-date with the latest happenings. 

Core DAO Opens Applications for S-Prize Competitions 

Core DAO is now accepting applications for their S-Prize competitions, which aim to encourage innovative solutions for their DeFi and GameFi ecosystems. The announcement was made via the project's Twitter handle on April 25. 

Find more information about the competition and how to apply in this article. 

Why did Coinbase Sue the SEC?

Cryptocurrency exchange, Coinbase, has filed a lawsuit against the Securities and Exchange Commission (SEC) for not publicly sharing its response to a petition that requested regulation of digital assets through existing SEC guidelines. The company claims that the agency failed to respond adequately or promptly, as required by the Administrative Procedure Act. Meanwhile, the SEC has increased enforcement actions against crypto exchanges, including Coinbase.

Details here.

Innovation Bootcamp Unveiled by BNB Chain

On April 24, BNB Chain announced a new initiative "BNB Chain Bootcamp" to encourage developers worldwide to create innovative projects on the BNB Chain platform. The program is open to various categories of developers, including student developers pursuing computer science or related fields, Web2 developers with traditional development experience, and Web3 developers already familiar with the blockchain ecosystem.

Learn more about the new initiative in this article. 

Battle of the Dapps: Group C Competes for Grand Finale Spot on April 28

On April 28, Radiant Capital and Ascent Exchange competed for the last spot in the grand finale of Battle of the Dapps, after Thena, the third participant pulled out right before the event. The exciting contest saw Ascent join the final three as winners. 

Learn all about the build-up here. 

Merlin DEX Hacked for $1.8 Million: Is Your Crypto Safe Anywhere?

Merlin, a decentralized exchange on zkSync, recently lost $1.82 million in a liquidity pool hack on April 26, shortly after launching its token public sale. PeckShield and community members identified the exploiter's addresses.

Find out how it all happened in this article.