AI and account abstraction to fuel next-gen stablecoins — WeFi founder
The current stablecoin market cap is approximately $204 billion, but the sector remains highly centralized. Go to Source
decentralized finance
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Allez Labs proposes yield opportunity for Polygon PoS bridge funds
According to Morpho Labs co-founder Merlin Egalite, Polygon could collect a 7% yield on its stablecoin holdings at current rates. Go to Source
DeFi growth boosts oracle market competition — RedStone co-founder
As DeFi expands, the oracle market faces new competition from emerging providers challenging established players like Chainlink. Go to Source
Bitcoin MENA 2024: Core DAO talks DeFi growth, blockchain security
Core DAO’s Adam Bendjemil highlighted Bitcoin-based DeFi’s potential at Bitcoin MENA 2024, highlighting security-first blockchain innovation. Go to Source
Sky faces scrutiny over potential $756M exploit flaw
Sky’s (formerly MakerDAO) use of externally owned accounts (EOAs) to manage $756 million in USDC reserves raises questions about security and transparency. Go to Source
Hybrid crypto exchange GRVT secures Bermuda license
CeFi and DeFi ecosystems do not need to be divided as regulation is well-positioned to help DEXs improve universal standards, the GRVT CEO said. Go to Source
Safe’s Safenet wants to bring Visa-like payments network to crypto
Safenet aims to be a layer connecting existing blockchains and allow users to interact with any chain through a single account. Go to Source
Rapid Response and Transparency Key to Building Trust in Digital Assets, Says Kucoin MD
Alicia Kao, Kucoin’s managing director, has emphasized the importance of security and regulation in the digital asset space. Rapid Response to Security Breaches Helps Restore User Trust Although hacks and breaches have hindered the adoption of digital assets, Alicia Kao, Kucoin’s managing director, said the rapid response to incidents, combined with transparency in sharing information, … Read more
Ethena’s ENA token rallies on USDe integration by Deribit
According to Deribit, the exchange will include USDe in its cross-collateral pool as of early January 2025, pending regulatory approval. Go to Source
Bitfinity Network launches Bitcoin L2 with $12M backing
Bitfinity Network secures $12M to bring EVM compatibility and expanded DeFi functionality to Bitcoin using ICP’s Chain Fusion. Go to Source
