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DeFi

MakerDAO Moves Away From WBTC Over Controversial Custodian
DeFi

MakerDAO Moves Away From WBTC Over Controversial Custodian

The changes were implemented on August 15 after a proposal passed with nearly 113,000 MKR Support.
EigenLayer Responds to Claims it Pressured Projects for Token Allocations
DeFi

EigenLayer Responds to Claims it Pressured Projects for Token Allocations

A news article reported the restaking platform is abusing its position as a leader in DeFi to secure airdrops.
Justin Sun Launches PumpFun Rival SunPump
DeFi

Justin Sun Launches PumpFun Rival SunPump

SunPump claims to be the Tron network's first memecoin launchpad.
PayPal’s PYUSD Becomes Sixth Largest Stablecoin After Solana Surge
DeFi

PayPal’s PYUSD Becomes Sixth Largest Stablecoin After Solana Surge

PYUSD’s market cap is up 97% in the last 30 days.
Base Completes Chainlink Rollout With Data Streams and VRF
DeFi

Base Completes Chainlink Rollout With Data Streams and VRF

Base developers can access Chainlink’s Price Feeds, CCIP, Functions, Data Streams, and VRF products.
EigenLayer Introduces Permissionless Token Support
DeFi

EigenLayer Introduces Permissionless Token Support

The upgrade will allow any ERC-20 token to be added as a restakable asset, expanding the potential security of decentralized networks.
Pump.Fun Smashes Revenue Records But Some Users Are Not Happy
DeFi

Pump.Fun Smashes Revenue Records But Some Users Are Not Happy

Traders are growing increasingly frustrated as they learn that the house always wins.
Offchain Labs Launches Incubator Division Targeting Infrastructure Projects
DeFi

Offchain Labs Launches Incubator Division Targeting Infrastructure Projects

The new division will target blockchain applications and infrastructure projects building on top of Arbitrum’s tech.
Coinbase Teases cbBTC Amid Wrapped Bitcoin Drama
DeFi

Coinbase Teases cbBTC Amid Wrapped Bitcoin Drama

Coinbase tweeted that cbBTC is “coming soon,” while Base announced plans to foster a Bitcoin-based DeFi ecosystem.
Arbitrum Community is About to Implement ARB Staking
DeFi

Arbitrum Community is About to Implement ARB Staking

If passed, the proposal would introduce ARB staking in order to drive utility to the token and improve governance.