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DeFi

The image representing the rise in global cryptocurrency adoption.
DeFi

There Are Now Half a Billion Crypto Holders Globally

Global cryptocurrency owners increased 34% in 2023, according to Crypto.com.
Terraform Labs Files For U.S. Bankruptcy
DeFi

Terraform Labs Files For U.S. Bankruptcy

The firm behind the ill-fated UST stablecoin said the filing is “a strategic step” that will enable it to continue its operations.
Developers Race To Bring EVM Functionality To Bitcoin
DeFi

Developers Race To Bring EVM Functionality To Bitcoin

Several teams are working to deliver EVM-compatible Bitcoin Layer 2 networks
Frax Completes V3 Rollout With Launch Of Bonds
DeFi

Frax Completes V3 Rollout With Launch Of Bonds

Sold at a discount, FXB tokens can be trustlessly redeemed for FRAX at par upon maturity.
Italian Startup To Tokenize Distressed Loans On Polygon
DeFi

Italian Startup To Tokenize Distressed Loans On Polygon

Addressing the billion-dollar distressed credit market, BlockInvest will tokenize non-performing loans through two projects.
Arbitrum Launches Program Supporting Custom Chain Development
DeFi

Arbitrum Launches Program Supporting Custom Chain Development

Arbitrum’s launches Expansion Program to grow market share and drive new revenue source
MANTA Airdrop Leaves DeFi Community Fuming
DeFi

MANTA Airdrop Leaves DeFi Community Fuming

Early adopters of the highly anticipated Layer 2 network report receiving miniscule MANTA allocations.
ONDO Token Reaches Over $1B Market Cap in One Day
DeFi

ONDO Token Reaches Over $1B Market Cap in One Day

Ondo unlocked 14.3% of its native tokens.
dYdX Becomes Top DEX By Daily Volume
DeFi

dYdX Becomes Top DEX By Daily Volume

Leading perpetuals exchange processed over $800M of trades in the past 24 hours across its V3 and V4 iterations.
Gitcoin-Backed Layer 2 Chain PGN Says It's Shutting Down
DeFi

Gitcoin-Backed Layer 2 Chain PGN Says It's Shutting Down

PGN wanted to direct transaction fees towards supporting public goods.