Magic Labs, Polygon launch cross-chain smart wallet for AggLayer
Newton’s testnet went live on Polygon’s AggLayer, promising a cross-chain solution for smart wallets. Go to Source
Liquity
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Value Locked in Defi Holds the Line at $50B, After Temporarily Shedding $8B in Mid-March
The total value locked (TVL) in decentralized finance (defi) during the first week of April is about $50 billion, roughly the same as on March 1. The value locked dropped to $42 billion on March 12 but has since rebounded as protocols such as Lido Finance, Aave, and Justlend recorded double-digit monthly gains. After the … Read more
Stablecoin Market Sees Fluctuations With Some Coins Gaining and Others Reducing Supply
According to statistics, on March 26, the stablecoin economy was valued at $135 billion, with the top stablecoins representing $31.8 billion or 75% of the $42.17 billion in 24-hour global trade volume across the entire crypto market. In the last two weeks since March 11, 7.06 billion USDC and 351.57 million BUSD have been redeemed. … Read more
Bitcoin Suisse adopts decentralized Liquity as lending product
The Swiss firm will conduct all interactions with the Liquity smart contract on its clients’ behalf but only a select few with over $500,000 on the platform will have access to the product. Go to Source Powered by WPeMatico
Liquity Protocol attracts $1B TVL in just 10 days
The “interest-free loans” decentralized lending protocol now has $1 billion worth of locked-up value after it launched on April 5. Go to Source Powered by WPeMatico
