Curve’s Stablecoin Trades Within 0.5% Range For First Month

MakerDAO Mulls Proposal To Boost DAI Savings Rate

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Near Protocol’s USN Stablecoin Shut Down After Suffering $40M ‘Collateral Gap’

Ethereum Derivative Hits Market as Concerns Mount Over ‘Significant Risk’

Polkadot, Ethereum Co-Founder Gavin Wood Leaves Parity CEO Role

Celestia’s ‘Modular Blockchain’ Attracts Investors Looking for Scaling Breakthrough

SBF Replies to ‘Constructive Feedback’ on His Regulatory Proposals

EU Report on Crypto Regulations Draws Praise From Crypto Attorneys

Trade Volume in Reddit’s NFTs Surges $2.5M in 24 Hours

Crypto Offers Plenty For the Political Right and the Left

Quick Take: INTERPOL is training officers to fight crime in the metaverse

Weekly Roundup: SBF’s Regulation Proposal, ETH Goes Deflationary, Controversial Aptos Launch, Vitalik’s THE Protocol

Binance dominates spot and derivative crypto trading, and competition isn’t even close: The Block

A Response to SBF and Principled Crypto Regulation: Money & State

There are only 7 days to zkSync 2.0 on mainnet. We will be releasing SDKs in a few languages: zkSync

Mango Markets Exploiter Says Aave Could Be Vulnerable To A Similar Attack

Skeptics Decry Crypto Bill and SBF’s ‘Industry Norms Manual’ as Bad for DeFi

Bored Ape Dealt Marketing Jackpot by Bicycle Playing Cards

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Tokenholders May Redeem USN Using Deccentral Bank dApps

 Decentral Bank, the DAO behind the Near-native USN stablecoin, is unwinding the project, it said on Oct. 24. The reason: USN has become undercollateralized by around $40M.

👉READ THE FULL STORY IN THE DEFIANT.IO👈

Warm Reception to Network Design Contrasts With Aptos Rollout

 from a crypto crowd jaded by promises of decentralization for the masses.

 Two days later, a similar project called Celestia announced a 

 to noticeably less groaning and even a solid dose of enthusiasm.

 The key difference: Celestia uses a newish design called “modular blockchain architecture” while Aptos is considered a “monolithic blockchain.” Investors and devs appear to be far more excited about the former rather than the latter.

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FTX Honcho Roiled DeFi With Proposed ‘Industry Norms’

Sam Bankman-Fried, the CEO of centralized exchange FTX and founder of trading firm Alameda Research, is trying to regain favor in the DeFi community after coming under fire for his opinions on regulation last week.

Polygon-powered Marketplace Spurs MATIC to 13% Gain

 Reddit’s NFT avatars are off to a surging start, with the collections driving $2.5M in trade volume over the past 24 hours, according to Dune Analytics. And the performance is a boon for Polygon, which is supporting the NFT marketplace.

Measured Approach Stands In Contrast To U.S. Stance

 A report prepared for the executive branch of the European Union recommends a suite of light-touch regulations for decentralized finance that has industry observers cheering.

Aave and Oasis.app Launch Offering Letting Users Increase Exposure to Staked ETH

Hello Defiers! Here’s what we’re covering today:

News

Near Protocol’s USN Stablecoin Shut Down After Suffering $40M ‘Collateral Gap’

Ethereum Derivative Hits Market as Concerns Mount Over ‘Significant Risk’

Polkadot, Ethereum Co-Founder Gavin Wood Leav...

💨 Near Protocol’s USN Stablecoin Shut Down After Suffering $40M ‘Collateral Gap’