Exponential, an investment platform specializing in DeFi assessments, has downgraded the USDA stablecoin's rating from "Lowest risk" to "Low risk." The methodology applied in this rating is based on…
Ethereum layer-2 wallet addresses using Uniswap’s decentralized exchange nearly doubled last month compared to numbers recorded in June. Dune analytics data showed 8.5 million Ethereum (ETH) addresses…
DeFi protocols demonstrated resilience during this week’s market crash, with Aave facing its largest liquidations ever amounting to $300 million on Ethereum mainnet. According to IntoTheBlock, most of…
Exponential, an investment platform for crypto holders, has downgraded MakerDAO’s DAI pool risk rating from Low to Average, according to the latest information shared with Finbold on August 9. The…
X Bull Run Protocol, or XBR Protocol, has just rolled out its Minimum Viable Product (MVP) app, targeting key pain points in decentralized finance (DeFi). This new app merges the simplicity of…
Polkadot has welcomed the launch of DeFi’s lending parachain, Kylix Finance, which offers On-chain collateral liquidation, DAO governance, and cross-chain capabilities. Kylix Finance is still in its…
Say it quietly, but DeFi isn’t so new or novel any more. At a certain point, a technology or movement loses the upstart tag and sets about the work required to become, well, part of the fabric of…
Layer 3 blockchain project Orbs has unveiled its blueprint for enhancing DeFi trading by adding additional capabilities to decentralized platforms. Its solution brings CeFi-level execution to DeFi…
GMX decentralized exchange has listed two revenue-generating assets on the Arbitrum network. The two – Lido’s wrapped staked Ether (wstETH) and Ethena Labs’ synthetic dollar (USDe)- will support an…
The global cryptocurrency regulatory landscape has evolved rapidly over the past few years, and this swift pace of regulatory rulemaking is unlikely to slow down anytime soon. Lawmakers are…