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Bitcoin DeFi protocol Threshold proposes tBTC merger to 'save' WBTC

Threshold proposes a merger with WBTC to stabilize the asset and ensure user safety amidst criticism of BitGo's control changes involving Justin Sun.

theblock.co • 29/08/2024 - 19:42 PM

Renzo expands REZ governance token to Solana via Wormhole

Renzo Protocol has launched its governance token REZ on Solana, enhancing blockchain presence through secure cross-chain transfers via Wormhole, while ensuring integration with decentralized finance and community incentives.

theblock.co • 28/08/2024 - 18:30 PM

Solana restaking protocol Solayer reaches $80 million valuation with $12 million seed round

Solayer Labs raised $12 million in seed funding to enhance its Solana restaking protocol and plans to expand its team and launch a native token.

theblock.co • 27/08/2024 - 18:00 PM

The Daily: Microsoft-backed startup's $20 million raise, Aave Labs' proposed integration with BlackRock's BUIDL, MakerDAO's rebrand and more

Microsoft-backed blockchain and AI startup Space and Time raised another $20 million. Aave Labs proposed integrating BlackRock’s BUIDL with the GHO stability module. MakerDAO rebranded to Sky, with the DAI stablecoin optionally upgradeable to USDS. The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.

theblock.co • 27/08/2024 - 17:52 PM

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

Bitcoin restaking platform SatLayer raises $8 million in pre-seed funding

SatLayer raised $8 million in pre-seed funding to enhance Bitcoin restaking, attracting significant interest for decentralized application collateralization and boosting security in the ecosystem.

theblock.co • 22/08/2024 - 14:00 PM

MakerDAO securer Chronicle launching RWA oracle via M^0 integration

Chronicle's RWA oracle launches with M^0 to enhance transparency, supporting Ethereum-based stablecoin minting while focusing on real-world assets' role in DeFi and blockchain innovation.

theblock.co • 21/08/2024 - 16:55 PM

Aave launches on ZKsync-powered Era mainnet, hoping to leverage it to 'fullest potential'

Decentralized lending protocol Aave deployed Aave V3 on the Era mainnet, utilizing ZKsync technology. Chainlink will provide price feeds for the integration, which the teams view as having potential for privacy-focused DeFi and institutional applications.

theblock.co • 21/08/2024 - 16:35 PM

Base DeFi protocol BSX raises $6.2 million ahead of token launch

BSX Exchange, a DeFi derivatives protocol on Ethereum's Base, raised $6.2 million in funding and plans to expand offerings and launch its token by late 2023.

theblock.co • 21/08/2024 - 16:07 PM

Jaredfromsubway.eth is back with a new MEV bot and new sandwich attacks

Jaredfromsubway.eth's MEV bot has been executing complex arbitrage and sandwich attacks, earning millions and exploiting various victims through transaction reordering.

theblock.co • 20/08/2024 - 21:39 PM

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