Cap Labs cuts stabledrop by $7.8M after user backlash
Cap Labs, the issuer of the cUSD stablecoin, is facing a crisis of trust after abruptly scaling back its long-promised “stabledrop” program. The change, announced...
Author : Sneha Singh
South Korea to Pilot Tokenized Bonds on CBDC Blockchain
South Korea is preparing to test tokenized government bonds on a blockchain that connects to the Bank of Korea’s wholesale central bank digital currency, or...
Bitcoin holds $63,800 as war fuels gold and oil selloff
Bitcoin held near $63,800 on Monday while gold, oil, equities and government bonds all slumped on the U.S.’s fourth round of strikes on Iran in...
Sui Testnet Near for Hashi, Enabling Native Bitcoin Collateral
The Sui blockchain is pushing its decentralized finance ecosystem forward with a new lending tool called Hashi. It lets users put up native Bitcoin as...
Celo Reports 107,622 Users Hold Tokenized Gold
Celo recently announced that 107,622 global users now hold tokenized Gold, making it the leading blockchain for this asset with over 90% market share. This...
BlackRock BUIDL hits $900M on Avalanche, RWA race accelerates
BlackRock’s USD Institutional Digital Liquidity Fund, known as BUIDL, has passed $900 million in assets on Avalanche. The figure rose from about $464 million within...
Aave v4 Sees 50% Surge in frxUSD Deposits
Traders scanning the order books got a surprise when frxUSD deposits on Aave v4 jumped significantly, reflecting a growing trend in decentralized finance. According to...
Mantle Moves Super Portal to Chainlink CCIP
Mantle, the blockchain platform that connects traditional finance with on-chain liquidity, has decided to move its Super Portal from LayerZero to Chainlink CCIP. This is...
Insider links to $LAB token transfers ahead of 92% crash
On-chain data has sparked serious allegations of market manipulation around a little-known altcoin, with an address tied to potential insider activity sending massive chunks of...
Jeffrey Huang Sells BAYC at Loss to Boost Ethereum Long
Taiwanese celebrity and crypto influencer Jeffrey Huang, also known as Machi Big Brother, has sold his Bored Ape Yacht Club (BAYC) #251 non-fungible token at...