Community-Changing Developments | Newsletter #56
Jun 28, 2024

Welcome to the Pythiad, the official newsletter of the Pyth Network. Another week, another series of developments. Biweekly updates on all things DeFi await you below. Let’s get started.
What’s New with Pyth
Gauntlet has selected Pyth to power and secure their lending vaults on Ethereum and Base with Morpho Labs. This partnership recognizes Pyth’s critical role in providing DeFi protocols a competitive edge through reliable infrastructure that fosters confidence and growth.
Make sure you’re part of the discussion in the Pyth Forum. Currently, there are community proposals for the design of a Community Integrity Pool for staking, slashing, and yield, as well as a proposal for the creation of a Pyth Community Council.
The Pyth pull oracle is now available on Solana, delivering unmatched benefits to builders including increased reliability, higher frequencies, more feeds, historical data, and increased security.
What’s New with DeFi
Regulations
Coinbase accuses the US SEC and FDIC of improperly blocking document requests.
Nigeria’s SEC gives crypto firms 30 days to register – or face enforcement action.
The Biden administration rehires a crypto advisor who is critical of the SEC.
Technology and Development
Ecosystems
After sweeping Bitcoin and Ethereum liquidations, analysts are watching for accumulation whales.
The Solana Foundation launches social media features aimed at “putting crypto back in crypto Twitter.”
Stablecoins
Exchanges
Gaming
Community Shoutout
We’re impressed by Pythian Debanked’s thoughtful proposal to create a Community Council within the Pyth DAO to oversee community initiatives and foster greater engagement.
If you have not done so already, check out the forum topic here. Much discussion has emerged among passionate community members on how this Community Council could work. Join the conversation today!

We want to hear your feedback. Join the Pyth Discord and Telegram and follow Pyth on X. You can also learn more about Pyth here.