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DeFi

Kraken Exploring Options for Layer 2 Blockchain Network; Eyeing Polygon, Matter Labs, and Nil Foundation
DeFi

Kraken Exploring Options for Layer 2 Blockchain Network; Eyeing Polygon, Matter Labs, and Nil Foundation

This move follows Coinbase's launch of its own Layer 2 network earlier this year.
Avalanche Builder Ava Labs Lays Off 12% of Team
DeFi

Avalanche Builder Ava Labs Lays Off 12% of Team

Sirer highlighted Ava Labs is "fortunate to have significant runway and resources at our disposal."
Aave To Vote On Restoration Plan Following Market Freezes
DeFi

Aave To Vote On Restoration Plan Following Market Freezes

Aave pauses services after identifying security vulnerability concerning fixed-rate borrowing
Arbitrum Community Greenlights Staking Mechanism
DeFi

Arbitrum Community Greenlights Staking Mechanism

ARB stakers can earn boosted rewards for locking their assets up to one year
Arbitrum Governance Divided Over $2.4M Research Coalition
DeFi

Arbitrum Governance Divided Over $2.4M Research Coalition

Some community members raising concerns the Coalition's cost is excessively high with proposed comps as high as $1.3M in annual salary equivalent.
Bank of England Unveils Stablecoin Rules
DeFi

Bank of England Unveils Stablecoin Rules

BoE Will Oversee GBP Stablecoins With FCA Regulating Broader Crypto Market
Cardano Blockchain Plans to Adopt Polkadot's Substrate Framework
DeFi

Cardano Blockchain Plans to Adopt Polkadot's Substrate Framework

Cardano plans to use Polkadot's Substrate framework for the development of its upcoming "partner chain" initiative.
SNB To Test Tokenized Bond Transactions Using CBDC
DeFi

SNB To Test Tokenized Bond Transactions Using CBDC

Swiss central bank continues to explore the potential of blockchain technology.