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ASSETS DAI PROTOCOLS TOKENS

Gnosis Chain community members evaluate gas token choices amid MakerDAO’s pivot to Sky

Gnosis Chain community is reassessing gas tokens after MakerDAO introduced more centralized features with Sky Dollar (USDS), raising concerns over decentralization and transaction cost reliability.

theblock.co • 30/08/2024 - 05:52 AM

ASSETS TOKENS

Ton developers adopt Resistance Dog memecoin avatar to support Pavel Durov; token jumps 140%

Resistance Dog memecoin (REDO) surged over 140% after being adopted as Toncoin's avatar, part of a Digital Resistance movement, after Telegram founder Pavel Durov's arrest in France.

theblock.co • 27/08/2024 - 06:22 AM

ASSETS DAOS GOVERNANCE VOTES PROTOCOLS TOKENS

MakerDAO plans to optionally redenominate 1 MKR into 24,000 NGT tokens as part of endgame

MakerDAO proposes redenomination of MKR into 24,000 NGT to enhance governance participation, introducing NewStable (NST), while ensuring flexibility and user choice in the token ecosystem.

theblock.co • 23/08/2024 - 06:12 AM

ASSETS DAOS PROTOCOLS SMART CONTRACTS

Solana-based UXD Protocol's DAO is voting on whether to sunset its stablecoin

The UXD stablecoin protocol on Solana is shutting down, returning funds to investors due to liquidity issues, despite past success and integration with major DeFi protocols.

theblock.co • 20/08/2024 - 00:56 AM

ASSETS COINBASE DERIVATIVES PROTOCOLS SMART CONTRACTS

Coinbase teases upcoming launch of apparent tokenized bitcoin named cbBTC

Coinbase hints at launching the tokenized bitcoin product cbBTC, aiming to compete with BitGo's WBTC. Security concerns arise from BitGo's new partnership with BiT Global.

theblock.co • 14/08/2024 - 06:17 AM

ASSETS CRYPTO DECENTRALIZED INFRASTRUCTURE SMART CONTRACTS TOKENIZATION

Hedera taps crypto custodian Copper to expand institutional access to HBAR tokens

Copper is partnering with Hedera to provide custody and staking services for HBAR, enhancing institutional access to its blockchain and DeFi ecosystem.

theblock.co • 13/08/2024 - 13:00 PM

ASSETS DERIVATIVES DEXS PROTOCOLS TOKENS

Ethena's USDe sees nearly $100 million in redemptions this week in 'stress test' for synthetic dollar

Ethena's USDe stablecoin saw nearly $100 million in redemptions amid market turbulence, maintaining its dollar peg through derivative strategies and an increased token supply amid crypto sell-off.

theblock.co • 06/08/2024 - 09:20 AM

ASSETS DEXS LENDING TOKENS

DeFi liquidations hit yearly high above $400 million in past 24 hours amid market turbulence

On-chain liquidations in DeFi protocols have hit a yearly high, surpassing $400 million amid increased market volatility, affecting Ethereum, Bitcoin, and lending platforms like Aave.

theblock.co • 05/08/2024 - 06:18 AM

ASSETS COSMOS DEXS LENDING PROTOCOLS TOKENS

Kujira token drops 40% as team's on-chain leveraged positions get liquidated

Kujira's KUJI token dropped 40% due to liquidations from the foundation's leveraged operations, resulting in $2 million debt and community impact.

theblock.co • 01/08/2024 - 12:45 PM

ASSETS DERIVATIVES DEXS PROTOCOLS TOKENS

Elixir launches 'fully decentralized' synthetic dollar aiming to challenge Ethena's USDe

Elixir has rolled out its synthetic dollar ‘deUSD’ to challenge Ethena’s USDe. Elixir claims to have $1 billion in liquidity lined up to back the new yield-bearing token.

theblock.co • 31/07/2024 - 14:05 PM

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