DeFi
Andreessen Horowitz’s blockchain arm, A16z Crypto, has voiced its criticism of the recent regulations imposed by the US Internal Revenue Service (IRS) and the Treasury Department on decentralized finance (DeFi). In a post on X,…
Tether, the leading issuer of the stablecoin USDT, recently made a significant investment of $775 million into Rumble, a video-sharing platform and cloud services provider. This move resulted in a 50% increase in Rumble’s stock…
Shiba Inu has made significant strides in enhancing its cross-chain functionality and data integration by partnering with Chainlink, as announced on Dec. 19. This collaboration introduces cutting-edge interoperability features that allow Shiba Inu’s tokens—SHIB, LEASH,…
The Bank for International Settlements (BIS) has released a detailed framework for designing retail central bank digital currencies (CBDCs), with a focus on a hybrid model that combines central bank control with collaboration from the…
Kraken cryptocurrency exchange has launched its Layer-2 blockchain network called Ink on the Ethereum mainnet. This rollout, originally scheduled for early 2025, has occurred ahead of schedule. Built using Optimism’s OP Stack, Ink aims to…
Ethena Labs recently proposed integrating its synthetic stablecoin, sUSDe, into World Liberty Financial (WLFI) to boost capital efficiency and liquidity in WLFI’s Aave instance. sUSDe has grown to become the third-largest stablecoin with a $6.1…
Polygon, one of the largest Ethereum layer-2 networks, has accused the DeFi lending platform Aave of adopting monopolistic practices. The dispute arises from a proposal to allocate locked bridge funds to yield-generating strategies, which Aave…
According to a letter shared with investors by Bitwise’s senior investment strategist, Juan Leon, Ethereum (ETH) is expected to see a resurgence in 2025 as it takes advantage of a $100 trillion opportunity in tokenizing…
Ethena Labs has launched a new stablecoin called USDtb, which will be backed by 90% of BlackRock’s tokenized fund, the USD Institutional Digital Liquidity Fund (BUIDL). This partnership was facilitated by Securitize and aims to…
Hedera network has recently announced its integration with Chainlink’s decentralized oracle solutions in a bid to revolutionize decentralized finance (DeFi) and real-world asset (RWA) tokenization. This collaboration brings together Chainlink’s Data Feeds and Proof of…