ArkotNews

There’s value in crypto, especially layer 1 protocols, even if regulators and politicians don’t dig enough to see it.

The firm introduced an upgraded credit underwriting process and appointed a new head of credit. The developments came after M11 Credit suffered $36 million of loan defaults on lending protocol Maple Finance following FTX’s November collapse.

MonkeDAO, a decentralized autonomous organization formed by owners of the Solana Monkey Business NFT project, will purchase all intellectual property rights to the collection from its current owner HadesDAO.

After releasing a Bitcoin NFT marketplace in March, the company is expanding its resources for creators to securely mint their inscriptions before selling to collectors.

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.

Binance has no interest in buying Huobi due to its rumored ties to China, according to a person familiar with the situation.

The change improves support for exchanges and may bring faster development, Avalanche says.

Max Williams, chief operating officer at Runa Digital Assets, noted the upgrade will allow developers to focus on improving users' experience.

The PFP project will release (RED)-themed merchandise to raise funds for The Global Fund to Fight AIDS, Tuberculosis and Malaria.

“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.