DeFi
Summary TLDR: Ripple will launch a USD-pegged stablecoin backed by US dollar deposits and other assets, with audits and monthly attestations. The stablecoin will drive adoption…
Summary Aave’s DAO has been making moves to preserve alignment within the organization, including cutting out competitors from airdrops and proposing a 0% loan-to-value ratio for…
Summary TLDR: Funds with high yield targets use blockchain technology to reduce fees, while private credit market offers financing to small and mid-sized businesses through specialized…
Summary TLDR: Wormhole introduces token for transferring tokens between different blockchains, but price drops 30% in 24 hours. Overall crypto market down 1.24%. Key Points 1.…
Summary TLDR: Wormhole opened airdrop claims for its governance token W, causing its price to initially fall 24% before recovering. W is a multi-chain protocol initially…
Summary TLDR: Skatechain aims to solve user experience limitations in blockchain networks by providing a universal application layer for all chains. It allows apps to interact…
Summary TLDR: Picasso Network has integrated the IBC Protocol with Ethereum, allowing for native transfer of assets and data with other blockchains like Cosmos, Polkadot, and…
Summary TLDR: Noble partners with Frax Finance to bring stablecoins FRAX and sFRAX to Cosmos and IBC ecosystems. FRAX is a USD pegged stablecoin with 100%…
Summary BNB Chain is offering up to $1 million in rewards to developers who create meme coins on the network that reach certain trading milestones. The…
Summary Most capital investment in the cryptocurrency space went into infrastructure and decentralized finance (DeFi) projects, according to data from RootData. Key Points 1. Infrastructure projects…