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Curve Finance unlocks new potential with crvUSD fee switch
Curve Finance has implemented a fee switch for its crvUSD stablecoin to enhance adoption and ecosystem engagement, according to a statement released on June 28. Launched in 2023 by the […]
Alleged Violations of Securities Laws
The SEC has filed a new lawsuit against Consensys for alleged violations of federal securities laws. The complaint centers on Consensys’s MetaMask wallet services, specifically the Swaps and Staking features, […]
Aave DAO evaluates joining Lido Alliance to boost staked Ethereum market
Aave’s decentralized autonomous organization (DAO) is evaluating a proposal to join the Lido Alliance and establish a dedicated market for the liquid staking protocol’s staked Ethereum (stETH) token. The Lido […]
Pantera believes Solana will dominate blockchain sector, compares its rise to Apple’s breakthrough with macOS
A recent report by Pantera Capital highlighted Solana’s (SOL) potential to become a dominant player in the blockchain ecosystem, drawing parallels between its monolithic architecture and Apple’s macOS. Authored by […]
Curve founder hit with $27M liquidation as CRV drops to historic low
Michael Egorov, founder of Curve Finance, faced liquidation earlier today after the CRV token plummeted to an all-time low of $0.219. $27 million liquidated On-chain analyst EmberCN reported that Egorov’s […]
Polkadot parachain Moonbeam launches a $13M Web3 gaming fund
Moonbeam Network, a Web3 smart contract platform, has launched a $13 million funding initiative to boost its ecosystem growth in key areas like gaming and real-world asset (RWA) tokenization. The […]
Aave tops $20 billion in deposits amid record revenue and fee switch discussions
Aave community members are pushing for a fee switch proposal after the DeFi protocol’s annualized revenue reached new highs this week. On June 2, Matthew Graham, a member of the […]
ZKasino resurfaces with promises of returning investor funds but skepticism abounds
ZKasino, a DeFi platform recently embroiled in controversy, announced that it will return stolen funds to its investors at a 1:1 ratio. The platform, which Dutch authorities recently charged with […]
DeFi protocol Aave to launch bespoke blockchain following V4 upgrade
DeFi protocol Aave plans to launch an “Aave Network” chain after completing its V4 upgrade. Stani Kulechov, the lending protocol’s founder, revealed this in a May 27 social media post, […]
Uniswap Labs slams SEC’s misguided attempts to regulate DeFi
Uniswap Labs has issued a defiant response to the SEC’s Wells notice, asserting the agency’s attempts to regulate DeFi are misguided and legally unsound. The company said in a May […]