Liquid staking on BNB Smart Chain, millions stuck in DeFi bridge contracts: Finance Redefined

Arkham Research notified DeFi wallet owners to look at the addresses and try to retrieve their funds, which have been stuck for months in bridge contracts.

Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week.

The past week in DeFi saw BNB Chain announce native liquid staking on its BNB Smart Chain (BSC). The move is set to help ecosystem participants secure the network while keeping the liquidity of their assets.

DeFi protocol Chainlink launched a cross-chain protocol that makes cross-chain smart contracts more interoperable across nine blockchain networks.

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