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The Babylon Foundation has unveiled an airdrop for its BABY token, rewarding early backers of its Bitcoin-native staking protocol. Babylon Foundation Reveals 10B BABY Token Airdrop The Babylon Foundation, a decentralized finance (defi) protocol focused on the Bitcoin network, has announced plans for its BABY token generation event, which includes an airdrop to early supporters. … Read more
Metamask, one of the largest wallet companies in the cryptocurrency industry, recently launched a crypto debit card in Argentina. The wallet is already available digitally, with its physical version arriving in the country in the next weeks. Metamask director Daniel Lynch specified the idea behind this initiative was to link decentralized finance to the real … Read more
Bpifrance, the French investment bank, plans to invest $27 million (€25 million) in digital asset firms with a strong presence in France. This initiative is part of the bank’s strategic plan to enhance French digital asset investment funds, which are currently limited. Asset Tokenization The French investment bank Bpifrance has announced plans to invest the … Read more
The layer one (L1) blockchain Sonic has experienced substantial growth, with metrics revealing a 2,951% increase in the project’s total value locked (TVL) since the beginning of the year. L1 Blockchain Sonic’s TVL Climbs 2,951% Since January On March 27, Sonic’s official social media account announced on X that the blockchain had crossed the $1 … Read more
Linear Finance has announced its closure due to financial difficulties amplified by Binance’s delisting of its LINA token. The team will soon provide users with instructions on liquidating their positions, marking the end of the project’s multi-year journey. Cross-Chain Protocol Linear Finance Winds Down After Market Woes Linear Finance, a cross-chain synthetic asset protocol, has … Read more
The Senate voted 70-28 to crush an IRS rule targeting DeFi developers, delivering a sweeping crypto victory now heading to Trump’s desk for final approval. Senate Overturns IRS Crypto Rule in Landmark Victory for Decentralized Innovation U.S. Senator Ted Cruz (R-TX) announced on March 26 that his resolution to overturn a controversial Internal Revenue Service … Read more
Bitlayer has announced the integration of the BitVM Bridge with Xverse Wallet, a bitcoin wallet that supports customizable Bitcoin testnet configurations. This collaboration allows users to access the trust-minimized BitVM Bridge seamlessly through the Xverse Wallet, enhancing the adoption of BitVM technology in the Bitcoin decentralized finance (DeFi) space. As a member of the BitVM … Read more
Abracadabra Finance confirmed a hack of its GM cauldrons products, resulting in a loss of 13 million MIM stablecoins. Reward Offered to Hackers for Return of Stolen Funds The decentralized lending platform Abracadabra Finance confirmed on March 26 that its GM cauldrons suite of products was hacked, resulting in the loss of 13 million MIM … Read more
Decentralized finance experts agree that collaboration is key to building a framework that addresses regulators’ concerns without undermining the potential of decentralized technologies. Bybit Hack Puts DeFi Regulation Debate in Spotlight Following the Lazarus Group’s Bybit hack, which is said to biggest crypto heist in history, initial industry-wide cooperation to block the outflow of over … Read more
A recent Kaiko Research report highlights how market manipulation tactics, such as sandwich attacks on platforms like Uniswap and Hyperliquid, deter institutional players from engaging with decentralized finance. An expert recommends full insurance coverage for DeFi assets and transaction privacy to enhance institutional confidence. Rising Incidents of Sandwich Attacks A recent report by Kaiko Research … Read more
