DeFi and NFT crossover project Aavegotchi releases ‘Gotchiverse’ litepaper
DeFi-powered NFTs are headed to the metaverse in a yield farming-meets-Pac Man mashup. Go to Source Powered by WPeMatico
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Will regulation adapt to crypto, or crypto to regulation? Experts answer
Here’s what crypto and blockchain industry experts think about the regulatory dilemma related to cryptocurrency. Go to Source Powered by WPeMatico
Simplex Tie-Up With Kava Brings Fiat Directly to Defi
As Kava works to expand its multi-asset defi platform’s appeal, the inclusion of Simplex’s fiat-to-crypto processing infrastructure will provide a fresh avenue for users to enter the defi ecosystem with fewer steps and conversions. New On-Ramp to Streamline Defi Accessibility and Participation As decentralized finance (defi) regains its footing following the May decline in total-value-locked … Read more
DeFi hub Karura emerges as first Kusama parachain slot auction winner
Polkadot’s canary network, Kusama, is set to see decentralized finance hub Karura become the first parachain. Go to Source Powered by WPeMatico
A16z taps Deutsche Telekom subsidiary as Celo validator
Deutsche Telekom’s T-Systems MMS is now a public validator on Celo via its Open Telekom Cloud infrastructure. Go to Source Powered by WPeMatico
Automated market makers are dead
With the right tokenomic models, the liquidity war raging between AMMs on underlying chains will move to a new battleground. Go to Source Powered by WPeMatico
MakerDAO slashes stability fees as stablecoin demand wanes
Maker hopes to reignite demand for its DAI stablecoin through the fee reduction. Go to Source Powered by WPeMatico
Polywhale Finance founders accused of rug pull amid abrupt shut down
The founders of the DeFi yield farm have allegedly redeemed over $1 million worth of tokens as the Treasury wallet was drained Monday. Go to Source Powered by WPeMatico
Mark Cuban calls for stablecoin regulation in wake of Iron Finance ‘bank run’
After a bank run on the Iron Finance protocol cost him dearly, Mark Cuban is calling for regulation to define “what a stablecoin is and what collateralization is acceptable.” Go to Source Powered by WPeMatico
Iron Finance Token Slides From $64 to Near Zero Following ‘Large-Scale Crypto Bank Run’
The Iron Titanium token (TITAN) value has quaked a great deal after the project suffered from what the team called “the world’s first large-scale crypto bank run.” After touching a high of $64 per token on Wednesday, the project slid to near zero and remained worthless on Thursday afternoon. Iron Finance Claims Project Suffered from … Read more