DeFi juggernaut Curve Finance released its crvUSD stablecoin on Ethereum's mainnet. Developers said a UI for the U.S. dollar-pegged stablecoin which employs a similar design to MakerDAO's DAI.
Gas fees on Ethereum hit their highest point since 2022 amid a Pepe-led memecoin revival.
Summary: The Aave DAO completely voted in support of a proposal to launch the third iteration of its lending service on Metis, an L2 scaling network built atop Ethereum’s blockchain. Launching on Metis will allow users...
Lido Finance activated Ethereum withdrawals after the liquid staking protocol's version 2 went live on the Ethereum mainnet earlier today.
Summary: The Tornado Cash attacker swapped 483,000 TORN tokens for 360 Ether before sending the ETH back to the Ethereum-based crypto tumbler. Wallets controlled by the exploiter still hold some 125 ETH and 38,300 TORN tokens...
A recent court filing made by FTX's bankruptcy estate revealed that current CEO John Ray III spent several hours last month working on a revival plot for the bankrupt crypto exchange. The news led to a 16% surge in FTT's price.
Summary: A proposal to launch Uniswap’s third generation DEX or V3 on Fantom’s blockchain is currently undergoing a “temperature check” governance vote. The proposal highlighted a market opportunity that could pull in $30-40 million in weekly...
The community behind MakerDAO has voted in favor of a proposal that will see the DeFi protocol purchase $1.28 billion worth of short-dated U.S. Treasuries.
Summary: Tron (TRX) is now fully accessible on crypto’s largest altcoin network Ethereum, founder Justin Sun tweeted on Friday. The Tron blockchain is DeFi’s second biggest ecosystem with over $5.6 billion in total value locked and...
Summary: On-chain data showed that multichain transactions on Polygon, Avalanche, zkSync Era, and Kava networks resumed on Monday. Cross-chain services across 11 chains remain suspended as the team announced last month. Users first reported abnormal activity...
The CFTC has won a lawsuit filed against OokiDAO, setting a critical precedent for lawsuits involving decentralized autonomous organizations. OokiDAO has been ordered to pay a penalty of $643,000 and shut down its operations in the U.S.
Summary: Data from Blockchain Intelligence startup Nansen shows a steady increase in the number of staked ETH. So far, users and entities have locked over 22 million coins which amount to about 18% of the token’s...