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Defillama Delists Aster Perp Volumes Over Suspected Wash Trading

Defillama has delisted perpetual futures volumes from Aster after its founder, 0xngmi, said recent Aster perp volumes began mirroring Binance perp volumes “almost exactly,” raising concerns about possible wash trading.…

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Ethereum Foundation Converts 1,000 ETH to Stablecoins in a $4.46M Cowswap Maneuver

This week, the Ethereum Foundation decided to mix things up, cashing out 1,000 ether for stablecoins through Cowswap to bankroll research, development, and grants. The foundation pulled off the swaps…

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Value Locked in DeFi Is Climbing Fast: Can Protocols Break the 2021 All-Time High?

With the crypto economy vaulting past the $4 trillion milestone, the total value locked (TVL) in decentralized finance (DeFi) is stacking higher by the day. TVL needs just a 7.04%…

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Hybrid L2 BOB Enables 1-Click Native BTC Transfers Across 11 Major Chains

Build on Bitcoin (BOB), a hybrid Layer two (L2) blockchain, launched BOB Gateway, a one-click on- and offramp that connects native bitcoin to Bitgo’s wBTC.OFT across 11 Layerzero-supported blockchains, including…

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Templar Launches Mainnet, Offering Permissionless Bitcoin-Backed Lending Without Trusted Third Parties

Templar, billed as the first Cypher Lending Protocol, went live on mainnet, enabling bitcoin holders to borrow U.S. dollar–pegged stablecoins against native BTC without relying on banks, exchanges, or centralized…

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MEXC Expands Ethena Bet to $66 Million Amid Record $45 Billion Stablecoin Inflows

MEXC Ventures has expanded its investment in Ethena’s ENA token and USDe stablecoin to $66 million. This reinforces its bet on synthetic-dollar protocols as global stablecoin inflows hit record levels…

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Societe Generale-FORGE Opens Ethereum Access for Regulated Euro and Dollar Tokens

Societe Generale-FORGE, the digital assets unit of France’s third-largest bank, is pushing its euro and dollar stablecoins deeper into decentralized finance (DeFi) with new deployments on Morpho and Uniswap. EURCV,…

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Starknet Unveils BTCFi: Trustless BTC Staking, Partners, and 100M STRK Incentives

Starknet today announced BTCFi, a trilogy of initiatives aimed at deepening bitcoin’s role as a global settlement asset by embedding BTC into Starknet’s security and consensus. For the first time…

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Flying Tulip Raises $200M, Targets $1B in Combined Funding Across Token Sales

Flying Tulip, a newly launched full-stack on-chain exchange founded by Andre Cronje, has successfully raised $200 million in a private funding round. The Full-Stack Onchain Ecosystem Flying Tulip, a newly…

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