Aave Deploys Native Stablecoin GHO on Ethereum Testnet
GHO joins an increasingly competitive space as rival DeFi protocols also issue or are moving to release their own protocol-native stablecoins.
Bank of America: Innovation to Expand Decentralized Finance Functionality Over Time
Developer activity and adoption is the key to success, the report said.
DeFi Giant MakerDAO to Introduce Aave Rival Dubbed Spark Protocol
The protocol is a fork of Aave v3 and will increase the use case for the DAI stablecoin.
Umami Finance CEO Dumps All Tokens After Week-Long Drama, Leaving Crypto Hopefuls Stranded
The move follows Umami making changes to how its value accrual token worked.
Tron Blockchain Commits $100M in Grants to AI-Focused Projects
The commitment comes as AI-focused tokens take over the narrative in crypto circles.
Cardano Upgrade Aims to Improve Cross-Chain Features as On-Chain DeFi Crosses $100M TVL
“This upgrade will bring new cryptographic primitives to Cardano, encouraging greater interoperability and secure cross-chain dapp development with Plutus,” IOG said Wednesday.
Flux Finance Launches Lending Token Collateralized by U.S. Treasurys
Flux Finance invests in Ondo’s Short-Term U.S. Government Bond Fund (OUSG) a tokenized version of a Blackrock Treasury Bond ETF.
Ether Liquid Staking Tokens Jump on Rumors of SEC Ban for Staking Providers
Coinbase CEO Brian Armstrong said he heard rumors about a possible ban on staking providers in the U.S.
MakerDAO Contributors Propose First Native Liquidity Market Focused on DAI Stablecoin
The proposed Spark Protocol will leverage MakerDAO’s DAI stablecoin and its crypto assets for liquidity, and would be based on lending protocol Aave’s upgraded smart contract system.
A Pragmatic View of ChatGPT in a Web3 World
Artificial intelligence is revolutionizing every aspect of our daily lives. What will it mean for Web3? IntoTheBlock's Jesus Rodriquez learns from the machine.
