Frax Finance is ready to deploy the v3 upgrade. The upgrade integrates the Federal Reserve's IORB rate and abandons the stablecoin's algorithmic component for enhanced stability.
Aave is revamping its governance system with the upcoming v3 upgrade, focusing on enhanced voter participation and reduced costs. The protocol is also looking at licensing its codebase.
Ethereum's Holesky testnet, designed to replace the outdated Goerli, was relaunched successfully after an initial setback. Despite challenges, Ethereum's diverse development community remains robust, ensuring its competitive edge in the blockchain space.
CoinGecko's recent report highlights the significant growth in the Liquid Staking Derivatives market. The emergence of LSD has also given rise to the LSDFi sector, showcasing a promising future in DeFi innovation.
Mixin Network faced a $200 million loss due to a cyberattack on its cloud provider. The incident underscores the risks of blockchains’ reliance on centralized infrastructure.
Interest in Telegram trading bots is on the rise. While investors have been quick to jump on this new opportunity, it is evident that it can be quite a risky endeavor.
While USDT dominates payments and centralized exchanges, USDC has taken the lead in decentralized markets. USDC has actively fostered relationships with DeFi dApps and is often viewed as a more secure stablecoin.
