ArkotNews

The stablecoin offers greater transparency than competitors like USDT but that proved of little value as it was depegged during the recent banking crisis, says J.P. Koning.

LI.FI partnered with risk cover protocol InsurAce to provide protection for users who are bridging their cryptoassets from one blockchain to another.

Elon Musk has a vision to turn Twitter into an all-in-one app, like WeChat. Turns out, permissionless and composable crypto platforms together form something better than the sum of its parts.

The upgrade may in time attract a new group of investors, Brian Mosoff, said.

The DEX, however, has been unable to maintain elevated periods of trading volumes in the past, CCData noted.

In filing a “friend of the court” brief, the Blockchain Association argues that financial privacy is fundamental – even in the digital realm.

The new stablecoin-like token, OMMF, will be backed by conventional money market funds and is available only to qualified purchasers and accredited investors. But retail investors can lend against the tokens via Ondo’s DeFi protocol Flux to indirectly access the yield.

The queue stood at 14 days late last week, but it’s lengthened as more exit requests piled in from validators on the blockchain. Also, staked ether deposits outpace withdrawals for the first time since last week’s Shanghai upgrade.

The total locked value of assets on the platform has risen over 300% since the start of this year, DefiLlama data shows.

“We believe it is time to take this model to the next level and supercharge CAKE towards a deflationary model based on real yield and CAKE burn,” a blog post said.