DYdX Proposal to Slash Token Issuance Wins Early Support
In theory, this could boost the price of DYDX, based on the basics of supply and demand.
DeFi
Coinbase’s New Base Blockchain Gobbled Up $68M in Ether, and It’s Not Even Officially Live Yet
Meme coin BALD’s 4,000,000% surge seemed to spark the huge inflows to the nascent crypto bridge.
DeFi Headed Toward a ‘Major Resurgence,’ Tribe Capital’s Boris Revsin Says
The managing partner of the $1.6 billion investment firm says infrastructure is the key to turning crypto into a $10 trillion industry.
DeFi Project Parrot Puts Fate of Over $70M Treasury, PRT Token, to Vote
Polly wants a bailout?
Crypto Liquidity Network Paradigm Leans Into DeFi With StarkWare
The new Paradex decentralized perpetuals platform is backed by the recent appchain technology from StarkWare.
DeFi Protocol Conic Finance Hacked for 1,700 Ether
Conic Finance was drained of 1,700 ether. (Kevin Ku/Unsplash)
SOL, XRP Lead Slide in Crypto Majors as Bitcoin Lingers Below $30K
Some selling pressure may have arisen from a revised U.S. bill that excludes a host of traditional securities from the “digital asset” category, which some say bodes ill for DeFi.
Africa-Focused DeFi Platform Mara Releases Ethereum-Compatible Testnet
Developers in Nigeria and across Africa can build and test their decentralized applications on the Optimism forked Mara Chain.
Binance Labs Invests $10M in DeFi Lender Radiant, RDNT Jumps 10%
The protocol was built on the architecture of LayerZero, which raised $120 million at a $3 billion valuation earlier this year.
Stablecoin Issuer Lybra Finance Launches Arbitrum Testnet Amid Quest to Be More DeFi-Friendly
Users can now interact with Lybra’s new companion stablecoin peUSD, which is said to be more compatible with decentralized finance protocols than the protocol’s main stablecoin eUSD.