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JustLend announces the buyback and burning of LP (JST/TRX) tokens
19.2.2024
JustLend has announced the buyback and burning of LP tokens to increase the value of JST and TRX and strengthen the whole JustLend ecosystem. To do this, the stUSDT JustLend platform will allocate a portion of its earnings to the pooling and buyback of JST and TRX tokens into the JST/TRX liquidity...
Lava Network Raises $15 Million in Seed Funding, Introducing Magma
16.2.2024
Lava Network has successfully secured $15 million in a seed funding round, introducing the next phase of the mainnet. According to a recent blog post by Lava Network, the seed funding round was co-led by Tribe Capital, Jump Capital, and Hashkey Capital. Alliance DAO, Node Capital, North Island...
Cryptodollar Minting Protocol M^0 Will Allow Institutions to Issue Stablecoins Backed by U.S. Treasuries
8.2.2024
Activist DAO Investor Pivots to Building a Company
8.2.2024
Diogenes Casares' new Stream Protocol is a trading platform he plans to eventually turn into a decentralized perpetual swaps exchange
Japan’s Financial Services Agency Grants Limited Rights to DAO Member Tokens, Easing Regulations
7.2.2024
Japan‘s Financial Services Agency (FSA) aimed to facilitate the development of decentralized autonomous organizations (DAOs) and clarify the legal framework surrounding them. The FSA has proposed a new amendment to the definition of Article 2 of the Financial Instruments and Exchange Act in...
MIM Stablecoin Suffers Flash Crash Amid $6.5M Exploit
30.1.2024
The stablecoin issued by decentralized platform Abracadabra.money {MIM}, suffered a flash crash to $0.76 after reports emerged of a $6.5 million exploit
dYdX Community Likely to Approve Foundation’s $30 Million Funding Proposal
30.1.2024
The dYdX tokenholders are voting on the $30 million fundraising request proposed by the dYdX Foundation, which is likely to get approved. The Foundation published a blog on Jan. 25 detailing its fundraising proposal. This proposal, if approved, will grant the Foundation $30 million in DYDX tokens...
dYdX Foundation Requests $30M Budget, Pledges to Issue Annual Spending Report
30.1.2024
The Foundation wants to preserve an 18 month runway through at least mid-2026
Report: Bitcoin and L2 Networks Lead Fee Generation Surge in Blockchain Landscape
29.1.2024
The PWN DAO Foundation, linked to the peer-to-peer lending protocol PWN, has released a comprehensive report analyzing user-incurred onchain fees within major blockchain networks and decentralized applications (dapps) for the past year. The 2023 analysis examines Ethereum, BNB Chain, Bitcoin,...
DeFi Insurer Nexus Mutual Requests $153K for 6-Month Budget
29.1.2024
The crypto insurance protocol is anticipating growth stemming from a recent partnership
Core DAO Launches $5 Million ‘Innovation Fund’ to Support Africa-Based Web3 Developers
26.1.2024
Core DAO, the foundation supporting Core Chain protocol, said on Jan. 24 that it has launched a fund to “provide resources and networks to support African Web3 builders.” Brendan Sedo said since much of Core DAO’s community is in Africa, it therefore made sense to launch a fund that...
In the Future All Crypto Exchanges Will Become Decentralized – Justin Sun, Founder of Tron and Advisor to HTX
26.1.2024
In our latest podcast episode, we were delighted to host Justin Sun, the founder of Tron and advisor to HTX. Justin offered his valuable insights on a variety of topics. He began with discussing the implications of the US Bitcoin ETF approval on the crypto industry. The conversation then moved...
Lido DAO Rebukes LayerZero by Endorsing Rivals Wormhole, Axelar for Crypto Bridge
25.1.2024
LayerZero launched a Lido stETH bridge last October without asking for Lido DAO's permission. The community responded this week by endorsing a pair of its biggest competitors
Japanese Lawmakers Want To Carve Out New Web3 Policies: CoinDesk Japan
24.1.2024
"We would like to grasp the current situation in areas other than decentralized autonomous organizations and identify new important points for policy," Congressman Hideto Kawasaki said
CryptoPunks Top Sales Volume Charts – Top NFT News Today – 23 January
23.1.2024
The non-fungible token (NFT) market is up 12.5% over the past 24 hours. It now stands at $39,251,556. Buyers and sellers are both up around 2%, while transactions are down 10%. Among the top 10 collections by sales volume, CryptoPunks made the NFT news rounds and took the first spot with over $3.5...
Study: Financial Losses on BNB Chain Due to Hacks and Scams Fell by 85% in 2023
23.1.2024
In 2023, financial losses on the BNB Smart Chain due to exploits or breaches fell by 85% to $161.1 million, according to the findings of a new Avenger DAO study report. The study data also shows that Q2 of 2023 was the costliest quarter, with approximately $69.5 million lost across 127 incidents....
Tron Refutes UN Study Findings Linking TRC-20 USDT to Bad Actors
20.1.2024
The Tron Decentralized Autonomous Organization (DAO) has rejected a United Nations assessment which suggested that bad actors are behind most tether transactions facilitated via its protocol. It also sees its over 50% share of the USDT stablecoins in circulation as a “testament to...
Enterprise DAO allows cross-chain token staking
16.1.2024
Enterprise DAO effectively fulfills its commitment to advance its cross-chain by offering the capability to engage in cross-chain token staking. In order to facilitate a seamless user experience while staking, token DAOs will be granted the ability to employ tokens acquired across Cosmos for...
1inch DAO Votes to Hire Permanent Legal Counsel for Decentralized Nature Challenges
13.1.2024
The decentralized autonomous organization (DAO) of 1inch, a decentralized exchange (DEX) aggregator, has voted to enlist permanent legal counsel from Geneva-based Web3 solutions provider Storm Partners. The decision was made to help 1inch address the legal challenges posed by its decentralized...
First Mover Americas: Ether, Lido DAO, Arbitrum Gain on Possibility of ETH ETF
10.1.2024
The latest price moves in bitcoin [BTC] and crypto markets in context for Jan. 10, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets