PHP Flaw Shakes Internet, Bitcoin Flashes Bull Signal, and More – Weekly Recap

This week’s stories covered shifting market signals, DeFi expansion, institutional staking, venture capital and cybersecurity. Uniswap found a way to route outside DEX liquidity into UNI burns, while Cryptoquant’s Ki Young Ju pointed to renewed bitcoin inflows as a bullish signal. Bitmine staked another $390.6 million in ETH, a16z broadened its crypto arm into Frontier, and major crypto firms moved to assess exposure to a critical PHP vulnerability. DeFi Giant Uniswap Taps 7 Rival Liquidity Sources to Burn UNI Tokens The decentralized exchange (DEX) platform Uniswap has turned DEX competitors into potential revenue sources for its UNI token-burning mechanism. Uniswap continues to make moves that ensure that UNI remains one of the few tokens with a viable value accrual thesis.

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