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DeFi

Usual Money Under Fire For Altering Asset Floor Price
DeFi

Usual Money Under Fire For Altering Asset Floor Price

Users have been minting USD0++ for $1, but the team manually restructured the asset's floor price to $0.87.
BlackRock’s BUIDL Enabled as Collateral for Enhanced Yield Strategies
DeFi

BlackRock’s BUIDL Enabled as Collateral for Enhanced Yield Strategies

The tokenized treasury product was used as collateral in a basis trade via QCP, yielding an 18% APY.
Scammers Abuse Open-Source AI Developers
DeFi

Scammers Abuse Open-Source AI Developers

Malicious actors are launching tokens associated with open-sourced AI projects and rug-pulling investors.
Drift TVL Hits $1 Billion, Adds BONK as Collateral Asset
DeFi

Drift TVL Hits $1 Billion, Adds BONK as Collateral Asset

$715,200 worth of BONK has been deposited on the platform since the Jan. 6 announcement.
Ripple Turns to Chainlink to Push RLUSD Stablecoin Into DeFi
DeFi

Ripple Turns to Chainlink to Push RLUSD Stablecoin Into DeFi

By partnering with the largest oracle platform, Ripple is hoping to entice DEXs and other DeFi protocols into embracing its new stablecoin.
Aave Community Pushes Back On Proposal To Peg Ethena’s USDe Price To Tether’s USDT
DeFi

Aave Community Pushes Back On Proposal To Peg Ethena’s USDe Price To Tether’s USDT

The proposal seeks to protect Aave users from exposure to secondary market fluctuations by matching both prices.
Crypto HARO Service Launches the First Web3 Media and Expert Connection Platform
DeFi

Crypto HARO Service Launches the First Web3 Media and Expert Connection Platform

“Help a Reporter Out” network to connect media representatives with leading industry executives
Daniele Sesta’s AI Project Goes Parabolic, Coins the Term “DeFAI”
DeFi

Daniele Sesta’s AI Project Goes Parabolic, Coins the Term “DeFAI”

The AI agent infrastructure on Sonic is up 600% in the last week.
Stablecoin Protocol Resolv’s TVL Soars Above $400 Million
DeFi

Stablecoin Protocol Resolv’s TVL Soars Above $400 Million

The Resolv stablecoin USR has jumped to a market cap of $387 million from $13.7 million on Dec. 1.
Phantom Dismisses Airdrop Rumors On X
DeFi

Phantom Dismisses Airdrop Rumors On X

Users began speculating over an upcoming airdrop after the wallet launched new social features.