Crypto’s new viral app isn’t very new at all. Solana-based social project Clout saw its downloads take off after launching an iPhone app that lets users buy tokenized versions of social media…
On Jan. 24, THORChain announced via X that it had paused its network due to excessive debt and leverage issues impacting its ecosystem. The platform owes nearly $200 million in ecosystem debt. In…
Hermetica, a DeFi protocol on Bitcoin Layer 2 Stacks, has announced a major initiative to elevate its Bitcoin-backed, yield-bearing stablecoin, USDh. With a liquidity injection of $3 million, USDh is…
Payments remain the big unsolved use case of the internet. When we buy something online, we generally use a traditional payment method, like a credit card, which isn’t “native” to the experience. Your…
Umoja announced yBTC, a yield vault token that provides over 20% annual percentage yield on staked Bitcoin. The launch positions yBTC as the highest-yielding product for native Bitcoin, reflecting…
Rayls, a prominent blockchain platform filling the gap between TradFi and DeFi, has partnered with Arbtirum, the biggest Ethereum L2 scaling solution. The integration aims to revolutionize the…
The developers of USDh, a stablecoin built on Bitcoin layer 2 Stacks, have completed a deal to bring around $3 million in liquidity to the token. Decentralized finance (DeFi) protocol Hermetica has…
In 2024, Curve Finance decided to reduce the inflation rate on the fourth anniversary of the $CRV token. As of August 13th, the platform cut the annual inflation rate of $CRV from 20% to 6% based on…
Laqira Protocol, famous for offering inclusive DeFi services, has reportedly integrated IQ GPT of IQ AI, a well-known platform offering tokenized agents. The integration of IQ GPT permits Laqira…