Bitcoin Project BOB Maps Out How the Original Blockchain Could Take Over DeFi
“If Bitcoin breaks, then so does our industry as a whole, so we might as well use Bitcoin security for cross-chain DeFi,” BOB co-founder Alexei Zamyatin, told CoinDesk.
DeFi
Tokenized Treasuries: A Game-Changer for Collateral in Crypto Markets
Tokenizing U.S. Treasuries and using them as collateral in crypto markets presents a significant opportunity to merge the best aspects of traditional finance with the innovation of DeFi, says Carlos Domingo.
‘High-Risk’ Crypto Loans Surge to a Two-Year High of $55M
High-risk USD loans. (IntoTheBlock)
Trump-Supported World Liberty Financial Will Start Public Token Sale Next Week
The WLFI token sale will be open for everyone who has been qualified through the project’s whitelist.
Ethena Picks BlackRock’s BUIDL, Mountain, Superstate and Sky’s USDS for $46M Tokenized RWA Investment
Ethena’s $46 million allocation fits into the growing trend of DeFi platforms and protocol foundations investing in real-world asset-backed products to earn a yield without leaving blockchain rails.
Crypto Hackers Nabbed $409M in Q3: Immunefi
Hackers stole $409 million worth of cryptocurrency in the third quarter, with an additional $3 million lost to fraud, according to a report by ImmuneFi.
Sky Reconsiders Plan to Offboard Wrapped Bitcoin, After Chat With BitGo CEO
An influential adviser to DeFi lender Sky, formerly known as MakerDAO, now says their concerns have been adequately addressed regarding Tron founder Justin Sun’s involvement in the custody of bitcoin backing the WBTC token.
DeFi Protocol Cega Debuts ‘Vault Token Market’ to Facilitate Seamless Investing
The offering solves the liquidity issues faced by investors due to the 27-day deposit lock-up period.
Crypto Investment Firm Deus X Capital Unveils DeFi Unit Which Will Start New Yield Generating Protocol
The first protocol will be launched in 2025 with more than $100 million in total value locked.
DeFi Lender Sky Ratifies Plan to Offboard Wrapped Bitcoin, Due to Sun Concerns
The matter has been closely followed in crypto markets, since the Sky platform has $200 million of loans collateralized by the token, and since WBTC is one of the biggest cryptocurrencies, with nearly $10 billion outstanding.