Bitcoin and Stablecoins: The Innovative Project by Umoja and Merlin Chain
TL;DR Umoja and Merlin Chain join forces to launch USDb, a new stablecoin backed by Bitcoin. USDb stands out for its backing in tokenized trading...
Tag : DeFi
Tomo Raises $3.5M Seed Funding, the Funding Was Led by Polychain Capital
TL;DR Tomo secures $3.5 million in seed funding led by Polychain Capital and backed by other prominent investors such as Consensys, Symbolic Capital, and OKX...
Nomic Ventures into Bitcoin Liquid Staking with Babylon
TL;DR Nomic introduces stBTC, a liquid Bitcoin staking token, in collaboration with Babylon. stBTC utilizes Babylon’s infrastructure to allow users to stake Bitcoin and earn...
IntentX and Orbs: A Strategic Alliance in the DeFi Landscape
by jose
TL;DR Major Collaboration: IntentX, a decentralized perpetual exchange, has revealed a significant collaboration with the Layer 3 network Orbs. This integration is set to incorporate Orbs’...
Ambient Joins Pyth Network: Enhancing DeFi Data Integrity
TL;DR Ambient joins Pyth Network as a data provider. Enabling Blast and Scroll DEX to provide real-time price data for on-chain assets. This partnership will...
Solana Whale’s Massive Transfer to Binance Sparks Speculation in Crypto Market
TL;DR A whale on the Solana network has made a massive transfer of 1 million SOL to Binance, generating speculation about its potential bearish impact...
Unizen Takes Swift Action Following $2.1M Security Breach
by jose
TL;DR Unizen, a decentralized finance (DeFi) protocol, experienced a security breach resulting in a loss of about $2.1 million. The company has committed to compensating the affected users...
STACKS (STX) Price Prediction: Analyst Sees Potential Rally to $112 for Bitcoin’s DeFi Protocol
TL;DR Analyst predicts STX could reach $112, with $18 as a bearish scenario and $50 as an intermediate point. The team behind STACKS, tokenomics, historical...
Gauntlet Partners with Morpho in an Unexpected Pivot to the DeFi Space
by Fernando
TL;DR Gauntlet surprises by leaving Aave and partnering with Morpho in the DeFi space. Morpho enables Gauntlet to create and manage its own lending protocols,...
Uniswap Simplifies User Experience Through Ethereum Name Service
TL;DR Uniswap introduces UNI.ETH domains to simplify complex Ethereum addresses and enhance accessibility in the ecosystem. Users can transform long Ethereum addresses into readable names...