Warning: Constant WP_MEMORY_LIMIT already defined in /home/digit/public_html/wp-config.php on line 98

Warning: Cannot modify header information - headers already sent by (output started at /home/digit/public_html/wp-config.php:98) in /home/digit/public_html/wp-includes/feed-rss2.php on line 8
Frax Finance – DIGIT INFO https://www.digit.info Bookmarking Crypto Insights Thu, 02 Jan 2025 20:13:58 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.digit.info/wp-content/uploads/2024/07/cropped-61589-32x32.png Frax Finance – DIGIT INFO https://www.digit.info 32 32 Frax community approves frxUSD stablecoin backed by BlackRock’s BUIDL https://www.digit.info/frax-community-approves-frxusd-stablecoin-backed-by-blackrocks-buidl/ Thu, 02 Jan 2025 20:13:58 +0000 https://www.digit.info/frax-community-approves-frxusd-stablecoin-backed-by-blackrocks-buidl/

According to RWA.XYZ, BlackRock’s US dollar Institutional Digital Liquidity Fund has over $648 million in assets under management.

Go to Source

]]>
Vote to use BlackRock’s BUIDL as backing asset for Frax stablecoin goes live https://www.digit.info/vote-to-use-blackrocks-buidl-as-backing-asset-for-frax-stablecoin-goes-live/ Fri, 27 Dec 2024 06:05:13 +0000 https://www.digit.info/vote-to-use-blackrocks-buidl-as-backing-asset-for-frax-stablecoin-goes-live/

Voting on the proposal is open from Dec. 27 until Jan. 1, with all votes that have been cast so far in favor of the proposal, all the comments in the discussion are also in favorablecoin-live.

Go to Source

]]>
Securitize proposes BlackRock BUIDL fund as collateral for Frax USD https://www.digit.info/securitize-proposes-blackrock-buidl-fund-as-collateral-for-frax-usd/ Sun, 22 Dec 2024 22:22:35 +0000 https://www.digit.info/securitize-proposes-blackrock-buidl-fund-as-collateral-for-frax-usd/

According to RWA.XYZ, BlackRock’s US dollar Institutional Digital Liquidity Fund has roughly $549 million in assets under management.

Go to Source

]]>
Frax Finance Launches Frax Name Service for Decentralized Identity Management https://www.digit.info/frax-finance-launches-frax-name-service-for-decentralized-identity-management/ Sun, 01 Sep 2024 22:30:46 +0000 https://www.digit.info/frax-finance-launches-frax-name-service-for-decentralized-identity-management/ Read more]]> Frax Finance Launches Frax Name Service for Decentralized Identity ManagementFrax Finance has launched the Frax Name Service (FNS), a decentralized identity service that allows users to register unique names on the Frax blockchain. Frax Finance Expands Ecosystem With Launch of Frax Name Service Frax Finance has introduced the Frax Name Service (FNS), a decentralized identity service designed specifically for the Frax ecosystem. FNS is […]

Go to Source

]]>
Frax Finance X account hacked, CEO suspects ‘inside job’ at Elon Musk’s office https://www.digit.info/frax-finance-x-account-hacked-ceo-suspects-inside-job-at-elon-musks-office/ Mon, 03 Jun 2024 07:26:49 +0000 https://www.digit.info/2024/06/03/frax-finance-x-account-hacked-ceo-suspects-inside-job-at-elon-musks-office/

Frax Finance’s X account was hacked on June 1 without a password breach, leading CEO Sam Kazemian to suspect insider involvement.

Go to Source

]]>
Frax Finance to retire algorithmic backing amid stablecoin crackdown https://www.digit.info/frax-finance-to-retire-algorithmic-backing-amid-stablecoin-crackdown/ Thu, 23 Feb 2023 04:37:38 +0000 https://www.digit.info/2023/02/23/frax-finance-to-retire-algorithmic-backing-amid-stablecoin-crackdown/

The vote was passed to fully collateralize Frax Finance’s native stablecoin, thus phasing out its algorithmic backing.

Go to Source

Powered by WPeMatico

]]>
Stablecoin projects need collaboration, not competition: Frax founder https://www.digit.info/stablecoin-projects-need-collaboration-not-competition-frax-founder/ Mon, 25 Jul 2022 02:41:13 +0000 https://www.digit.info/2022/07/25/stablecoin-projects-need-collaboration-not-competition-frax-founder/

As long as stablecoin “liquidity is growing proportionally with each other,” there won’t ever be true competition between stablecoins, says Frax Finance’s Sam Kazemian.

Go to Source

Powered by WPeMatico

]]>