#NEAR

Crypto and DeFi Shake-Up: SummerFi Shutdown and BitMine's ETH Accumulation

The DeFi sector faces turbulence as SummerFi shuts down due to an exploit, while BitMine aggressively accumulates 42,197 ETH. Meanwhile, NEAR Protocol has adopted a new tokenomics model, eliminating gas rebates in favor of token burns.

Leo·Aug 1, 2026·2 min read