Biweekly, we’ll round up the hottest news across the DeFi ecosystem to help you keep up to speed.  

Ethereum has completed The Merge on a public testnet for the first time, marking a major milestone in its roadmap towards Proof-of-Stake. (The DeFiant) 

Fast-casual chain Chipotle Mexican Grill (CMG) has begun accepting cryptocurrency payments through Flexa, a digital payments platform. (CoinDesk) 

Kanye West’s Yeezus brand has filed for 17 trademark applications indicating a possible move into the NFT space; the brand also bought yeezus.eth. (The Block) 

Rollups are the technology that power most Layer 2 scaling solutions. Here’s a roundup of the state of rollups as they are today. (Alex Beckett) 

After Robinhood enabled crypto withdrawals in April, payments giant PayPal has launched the same feature. Users who move their assets to external wallets will be able to interact with the broader DeFi ecosystem. (The DeFiant) 

On June 8th, the Optimism Foundation disclosed that an attacker had drained a wallet containing 20M $OP, the governance token of Ethereum Layer 2 scaling solution Optimism. They returned 19M. (The DeFiant)