Aptos Unveils USDY Stablecoin Backed by US Treasurys
TL;DR Ondo Finance introduces USDY, the first Treasury-backed stablecoin on the Aptos blockchain. It offers a 5.3% APY yield and integrates with major DeFi protocols on
defi (Latest Publications)
Aave V3 Unveils First-Ever Custom Lido Pool for ETH Borrowing and Lending
TL;DR Aave V3 ETH Lido Pool: The Aave Decentralized Autonomous Organization (DAO) has introduced the Aave V3 ETH Lido Pool, a custom liquidity pool specifically designed
Compound Finance Faces Governance Scandal: $24 Million in COMP Tokens Allocated Amid Controversy
TL;DR Golden Boys and Governance Controversy: Compound Finance, a decentralized lending and borrowing protocol, is embroiled in a governance scandal. The “Golden Boys” group is at the
Zksync in Freefall: Daily Active Addresses Down 66%, TVL Hits Lowest Since April 2023
TL;DR The Layer-2 platform ZKsync (ZK) has experienced a significant decline in network activity, with a 66% drop in daily active addresses. The number of daily
Solana’s Solend Rebrands and Unveils Plans for New Stablecoin and Memecoin Shorting
TL;DR Rebranding and Expanded Product Suite: Solend, a well-established DeFi application on Solana, has rebranded as Save Finance. The new name reflects its broader mission as
Cardano’s Ecosystem Flourishes with 1,300 Projects Despite TVL Decrease
TL;DR Growing Adoption and Project Development: Cardano (ADA) boasts over 1,300 projects and has processed more than 94 million transactions. Despite a recent decline in TVL
zkLink Launches Highly Anticipated ZKL Token – Here Are the Details!
TL;DR zkLink has launched its ZKL token on July 22, 2024, with availability on several centralized exchanges (CEX). The ZKL token will allow holders to participate
TON Foundation Introduces Cross-Bridge Service for Bitcoin Transfers and DeFi Participation
TL;DR The new Cross-Bridge will allow transferring Bitcoin to and from the TON blockchain in a secure and efficient manner. The decentralized, transparent, and trustless solution
Massive Loss on Degen Chain: User Loses 90% of Funds in Cross-Chain Disaster
TL;DR User Loss: A Degen Chain user lost 90% of their funds (785,000 DEGEN tokens) during a bridge transfer to Ethereum’s Base due to an internal bug.
Starknet Announces Integration of Chainlink Data Feeds on Mainnet
TL;DR Chainlink and Starknet will integrate Data Feeds into STRK mainnet, significantly enhancing its DeFi capabilities. The integration will address limitations in accessing external data for
Follow us on Social Networks
Crypto Tutorials
Crypto Reviews
Ads
