The framework includes a "maturity tier" and self-assessment aiming to garner trust and set industry-wide operational standards.
Aave v3 surges 55% in two months, while Maple Finance gains momentum with real-world credit pools.
Paxos Labs will let companies create their own stablecoins, offer onchain yield, and manage tokenized assets.
The frameworks propose bringing assets like stocks, bonds, and funds onchain as well as carve outs for autonomous, non-custodial blockchain protocols.
Cosmos-based Namada has completed its mainnet, introducing a composable privacy layer for decentralized applications.
The foundation could buy assets including Bitcoin as well as Cardano-native stablecoins like USDM, USDA and IUSD.
Botanix is “now fully removed from all operational responsibilities,” with governance decisions being made by the federation.
The Series A was structured as equity with token warrants, Singh said, declining to disclose the post-money valuation.
The largest crypto loss in May came from Cetus Protocol, which lost an about $225 million, although the protocol recovered $162 million from Sui validators.
Some onlookers think this decentralized market function could be improved either through stablecoin price caps or "more resilient" algorithms.
Ethereum has yet to see a material increase in activity despite recent successive upgrades, according to JPMorgan analysts.
Users can start locking up ETH, USDC, USDT, or WBTC during the Katana private mainnet period will receive KAT tokens.
Euler has introduced EulerSwap, a new decentralized exchange that fuses automated market-making with lending infrastructure.
Cetus plans to bolster security through rigorous testing, expanded audits, and a strengthened bug bounty program.
Synthetix and Derive mutually canceled a $27 million acquisition deal under which Synthetix would have acquired Derive.
Jupiter Lend, which will tap the liquidity layer Fluid, features a bespoke liquidation engine and “dynamic limits to isolate risk," Kash Dhanda said.
Corda developer R3 has tapped Solana to bring its $10 billion-plus of real-world assets issued by financial institutions onto a public ledger.
ONe generates returns from a Solana-based reinsurance pool, which is compounded by sUSDe returns and ONRE protocol incentives.
The '.brave' domain aims to stand out through native browser integration, making it more accessible than other onchain naming systems.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Succinct will launch the PROVE token as the native asset of its Ethereum-based prover network for zero-knowledge proofs.
The resurgence in Aave coincides with improved conditions for Ethereum, which has created a positive feedback loop for DeFi protocols built on the network.
Over 11,000 EIP-7702 authorizations occurred within a week of Pectra's launch, indicating healthy uptake by wallets and dapps.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Synthetix aims to integrate Derive's treasury and products — including options, perpetuals, and structured products — into its ecosystem.
Unichain, Uniswap's native Layer 2 blockchain, has become the dominant chain for Uniswap v4, surpassing Ethereum in transaction volume.
Activated at epoch 364032 around 6:05 a.m. ET, the Pectra upgrade is Ethereum’s largest-ever update by EIP count.
Avraham "Avi" Eisenberg, who was accused of being behind the multi-million dollar exploit of Mango Markets, was sentenced on Thursday involving a separate case.
A new governance proposal has been submitted to finalize the Sky ecosystem's upgrade from MKR to SKY following its "Endgame" rebrand.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.