DeFi
Sky, formerly known as MakerDAO, recently decided to remove Wrapped Bitcoin (WBTC) as collateral for borrowing through a governance vote that took place on Sept. 19. BA Labs, now known as the Risk Core Unit,…
Sky, formerly known as MakerDAO, is planning to launch its decentralized stablecoin, USDS, on the Solana blockchain using the Wormhole interoperability protocol. Rune Christensen, Sky’s founder, made the announcement during the Solana Breakpoint conference. Sky…
TON and Curve Finance introduce new stablecoin features, is a rally in Toncoin price on the horizon?
The TON Foundation has recently collaborated with decentralized exchange Curve Finance to introduce a TON-based stable swap project. This partnership aims to enhance stablecoin trading on the TON blockchain by implementing Curve’s Constant Function Market…
IoTeX, a decentralized physical infrastructure network, has recently partnered with Polygon Labs to integrate its 2.0 blockchain with AggLayer. This collaboration aims to enhance the adoption of DePIN projects with the help of AggLayer’s cross-chain…
The TON Foundation and Curve Finance have announced a new collaboration to incubate a stable swap project on the TON blockchain. The goal of this collaboration is to make stablecoin trading more efficient and user-friendly…
DeltaPrime, a decentralized finance (DeFi) protocol operating on the Arbitrum network, recently experienced a security breach reported by the blockchain security company Cyvers. The initial loss was estimated to be four and a half million…
Former President Donald Trump recently announced the upcoming launch of World Liberty Financial (WLFI), set to take place on September 16. The project, which aims to embrace the future of finance with a focus on…
Coinbase has launched its wrapped Bitcoin token, cbBTC, on its layer-2 network, Base, and Ethereum mainnet. The new product is an ERC-20 token fully backed by Bitcoin and custodied on the platform. By converting BTC…
Aave DAO has recently received a proposal to integrate Coinbase’s upcoming Bitcoin wrapper, cbBTC, into its V3 platform on the Ethereum mainnet. In a post by Aave’s founder, Stani Kulechov, the proposal aims to position…
Osmosis, the leading interchain decentralized exchange (DEX) and DeFi hub on Cosmos, is set to launch a new product called Polaris, described as a “Token Portal” aimed at addressing fragmentation issues in the digital assets…