DeFi

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.

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."

DeFi
Aave To Vote On Restoration Plan Following Market Freezes
Aave pauses services after identifying security vulnerability concerning fixed-rate borrowing

DeFi
Arbitrum Community Greenlights Staking Mechanism
ARB stakers can earn boosted rewards for locking their assets up to one year

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.

DeFi
Bank of England Unveils Stablecoin Rules
BoE Will Oversee GBP Stablecoins With FCA Regulating Broader Crypto Market

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.

DeFi
ApeFest Attendees Report Severe Eye Injuries After UV Light Exposure
Yuga Labs event ends in sears and tears

DeFi
SNB To Test Tokenized Bond Transactions Using CBDC
Swiss central bank continues to explore the potential of blockchain technology.




