In Today’s Issue:
Need to Know DeFi Ecosystem Shifts
This Week in Hemi: Protocol Updates, New Partnership, and More
Community Highlights
This Week’s Hemi Yield Opportunities

Scroll to the bottom for the answer.
Q: What was the initial Bitcoin block reward?

Bitcoin Price Recovery Boosts DeFi Liquidity
Bitcoin rebounded from roughly $63K to near $73K during the week as spot ETF inflows accelerated. Rising prices often improve collateral conditions across DeFi lending markets and increase liquidity for leveraged trading strategies.
Address-Poisoning Scams Surge Across DeFi
Security researchers are warning about a spike in address-poisoning attacks, where scammers send small transactions from look-alike wallet addresses to trick users into copying fraudulent addresses from their transaction history. One well-known crypto influencer lost roughly $24 million in assets after falling victim to an address-poisoning attack targeting DeFi users interacting with stablecoin pools and liquidity strategies
Aave Governance Rift Deepens
Tensions inside the Aave DAO escalated this week after the Aave Chan Initiative announced it will wind down operations over the next four months. Aave secures secures approximately $27.2 billion to $36.5 billion in TVL, with a cumulative protocol lifetime lending volume recently exceeding $1 billion as of late February 2026.

MinerFi Approaching Audit Phase
Engineering work on MinerFi, Hemi’s fast tunneling system for Bitcoin assets, is nearing completion. The team is finalizing end-to-end testing and preparing to send components out for external security audits within the next one to two weeks.
ZK Proving Marketplace To Expand Beyond Hemi
Hemi’s original ZK incentive program is being upgraded into a general-purpose ZK proving marketplace. The system will allow the protocol itself to bid for the proofs it requires while also enabling external developers and chains to purchase ZK proof computation through the same marketplace.
ZK Infrastructure Repositories Being Open Sourced
Several ZK-related repositories are being released publicly, including optimized forks of ZK-VM implementations with AMD GPU support and performance improvements. The team also plans to open source Oxygen, Hemi’s ZK-proven Bitcoin indexer.

Feather provides Hemi users a fast, transparent front end to Morpho’s onchain lending ecosystem.

Hemi’s Zero-Knowledge integrations will offer validation and coordination without collapsing privacy into surveillance.

The Hemigo of the Week award that celebrates outstanding members of the Hemi community is moving to a monthly drawing to become Hemigo of the Month. Special congratulations go out to this week’s award winner: BROKEN.

Join Hemi’s Discord and catch each Midweek with Max episode live.

Hemi Engineering AMA: ZK Provability
This Hemi Engineering AMA gave the team a chance to answer community questions about how Zero-Knowledge (ZK) tech is being applied across the Hemi stack, including its role in crosschain provability, Bitcoin-secured infrastructure, and the future of decentralized compute systems.

Pool | APY/APR* | Asset | Begin Earning |
SushiSwapV3 HEMI-hemiBTC | 18.53% | HEMI, hemiBTC | |
SushiSwapV3 HEMI-USDT | 16.96% | HEMI, USDT | |
Morpho on Hemi | 7.01% | hemiBTC | |
SushiSwapV3 WBTC-hemiBTC | 4.66% | WBTC, hemiBTC |
Pure BTC-based Yield Opportunities
Pool | APY/APR* | Asset | Begin Earning |
SushiSwapV3: HEMI-hemiBTC | 18.97% | HEMI, hemiBTC | |
Lagoon: | 6.6% | HEMI, hemiBTC | |
StakeDAO: | 1.67% | hemiBTC-WBTC-cbBTC | |
Beefy Finance hemiBTC-WBTC-cbBTC | 1.52% | hemiBTC-WBTC-cbBTC |
*APY/APR varies by strategy, custody jurisdiction, and market conditions. |

A: The original block reward was 50 BTC, which remained in place until the first halving in 2012.

