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SonicUnwrap Protocol smoothens Crypto transactions with innovative feature
13.2.2023
UPI system in India will soon host an upcoming decentralized transaction for crypto with a core focus on security and seamless movements of tokens among the community. Per the announcement made by Sonic through an official blog post, the venture is working to bring v2 – SonicUnwrap Protocol...
Bernstein Says Regulatory Backlash Will Lead to More DeFi and Offshore Crypto
13.2.2023
Regulatory overreach will spur movement toward decentralized finance apps built directly on-chain by anonymous teams, the report said
Huobi Cloud Wallet no more: Exchange pulls plug on DeFi multi-token wallet
13.2.2023
Huobi has announced the impending closure of its Huobi Cloud Wallet service, citing strategic adjustments for the move
SEC's crypto staking crackdown has uncertain consequences for DeFi: Lido Finance
13.2.2023
A Lido DAO member raised concerns over what impact the SEC’s crackdowns on staking could mean for the future of DeFi in the U.S
DeFi Protocol Clearpool Chooses Polygon Network for Its Institutional Lending Platform
13.2.2023
Clearpool also has opened the onboarding and whitelisting process for institutional borrowers and lenders to Prime
SEC enforcement against Kraken opens doors for Lido, Frax and Rocket Pool
10.2.2023
Kraken has put an end to staking as a service and Coinbse could eventually be forced to follow suit. Will this create opportunities for LDO, FXS and RPL?
Ether Liquid Staking Platforms Will Benefit as SEC Actions Likely Fail to Deal DeFi's Knockout Blow
10.2.2023
Lido and Rocket Pool didn’t immediately see a massive rush in of capital after Kraken announced it had settled with the SEC
DYdX DeFi Grants Renewal Proposal Spurs Polarized Community Discussion
10.2.2023
Nearly 90% of voters favor the grants proposal, but many in the community pointed out controversial limitations
Maker Protocol announces the launch of Spark Protocol
10.2.2023
Sam MacPherson, the Protocol Engineer at MakerDAO, has announced the launch of its growth-focused arm – Spark Protocol. The first product of Spark Protocol will be Spark Lend. The launch is tentatively scheduled for April 2023, subject to the receipt of approval. Built on Aave V3, Spark Lend...
Aave Launches Stablecoin GHO on Ethereum Goerli Testnet with Open Source Codebase and Audits
9.2.2023
Aave Companies, the firm behind the decentralized finance (defi) project Aave, has announced the launch of a stablecoin called GHO on the Ethereum testnet network Goerli. The codebase is available on Github and has undergone audits by Open Zeppelin, Sigmaprime and ABDK. Aave Invites Programmers...
How to Avoid the Death of DeFi in the Wake of FTX
9.2.2023
FTX’s collapse is an inevitable outcome for an industry yet to find its use case. For crypto to survive, it needs to learn from the very financial sector it set out to replace, says Brent Xu, the CEO of Umee
Coinbase CEO Brian Armstrong Expresses Concern Over Rumors of SEC Ban on Crypto Staking for Retail Customers
9.2.2023
Brian Armstrong, CEO of Coinbase, expressed concern about rumors that the U.S. Securities and Exchange Commission (SEC) may eliminate cryptocurrency staking for retail customers in the United States. Armstrong insisted that “staking is not a security” and that the trend allows users...
DeFi Giant MakerDAO Integrates Blockchain Data Provider Chainlink for DAI Stablecoin
9.2.2023
Chainlink Automation will run specific tasks, including price updates and liquidity balancing, to help maintain the stability of Maker’s $5 billion DAI stablecoin
Here's Why Cardano's New Stablecoin Could Be a Game Changer
9.2.2023
Read More: Here's Why Cardano's New Stablecoin Could Be a Game Changer
Today in Crypto: Aave Announces Launch of GHO Stablecoin on Ethereum’s Goerli Testnet, MakerDAO Establishes Phoenix Labs, LocalBitcoins Closing down
9.2.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Aave Announces Launch of GHO Stablecoin on Ethereum’s Goerli Testnet, MakerDAO Establishes Phoenix Labs...
DeFi Giant MakerDAO to Introduce Aave Rival Dubbed Spark Protocol
9.2.2023
MakerDAO, the DeFi organization that facilitates the generation of the DAI stablecoin, is releasing Spark Protocol – a lending platform that will rival Aave
Cardano Upgrade Aims to Improve Cross-Chain Features as On-Chain DeFi Crosses $100M TVL
9.2.2023
“This upgrade will bring new cryptographic primitives to Cardano, encouraging greater interoperability and secure cross-chain DApp development with Plutus,” IOG said Wednesday
DeFi securitization of real-world assets poses credit risks, opportunities: S&P
8.2.2023
Decentralized finance protocols could attract institutional interest if they get securitization right, according to S&P Global Ratings
Solver’s bond saves CoW Swap from the hacking damage that has exploited $166k
8.2.2023
A hacker managed to exploit CoW Swap for approximately $166k. This has turned out to be a scare with little worry since Cow Swap has announced on Twitter that it has not been affected by the hack. The platform has announced to cover the damage through the bond of the Solver, who had earlier...
Cardano Price Forecast as DeFi TVL on Cardano Doubles Since Start of Year – $1 ADA Incoming?
8.2.2023
The cardano price has gained by 2.5% in the past 24 hours, reaching $0.398260 following a 1.5% rise for the market as a whole. This level makes for an 11% rise in a fortnight and a 35% increase in the last 30 days, with ADA's price being helped on by the launch of Cardano-based stablecoin Djed last...