Tag: DeFi

August 11, 2024

Speed Wallet introduced USDT-L on Bitcoin’s Layer 2.Speed, the company behind Speed Wallet, is joining the $165 billion stablecoin sector ...

Hyperliquid Tops Perpetuals Sector Rankings

The perpetual futures DEX processed a record $4.3 billion in trading volume on August 5.Hyperliquid, a decentralized perpetuals exchange built ...

Do Kwon’s Extradition to South Korea Delayed Again by Montenegro Court

The extradition of former Terraform CEO Do Kwon from Montenegro to South Korea has been postponed once againThe extradition of ...

Uniswap Layer 2 Addresses are Up 350% – But There’s a Catch

June and July set consecutive all time high unique L2 addresses on Uniswap.Uniswap’s Layer 2 user count is skyrocketing, setting ...

CFTC Awards $1 Million to Whistleblower in Digital Asset Case

Nearly half of the CFTC's cases in the last fiscal year were related to digital assets.The Commodity Futures Trading Commission ...

Pepe Unchained Raises Millions For a Memecoin-Fueled Layer 2

The ecosystem claims it's built for speed, security, low fees, and memes. It's raised almost $8 million for the presale ...

DeFi Protocol Gyroscope Rolls Out Yield-Bearing Version of Stablecoin Targeting Over 10% Yield

Mountain Protocol's USDM, for example, backs its price by holding U.S. Treasuries, but passes on the bond yields to token ...

Ripple Starts Testing Its RLUSD Stablecoin on XRPLedger and Ethereum

Tests are conducted in private beta until the token receives regulatory clearance. Ripple, the firm behind XR, has announced it ...

Solana Developers Quietly Patched a Critical Vulnerability