Auto Added by WPeMatico

Ethereum Liquid Staking Hits 14M ETH Milestone, Adding 1.77M in 2024

According to recent data, more than 14 million ether (ETH) is now locked in liquid staking derivatives (LSD) protocols. Over the past 12 days, the amount of ETH deposited into…

Continue ReadingEthereum Liquid Staking Hits 14M ETH Milestone, Adding 1.77M in 2024

Liquid restaking protocol Bedrock adopts Chainlink Proof of Reserve after $2M exploit

Adopting Chainlink Proof of Reserve enhances Bedrock's security and transparency, potentially restoring user trust after the exploit. The post Liquid restaking protocol Bedrock adopts Chainlink Proof of Reserve after $2M…

Continue ReadingLiquid restaking protocol Bedrock adopts Chainlink Proof of Reserve after $2M exploit

WBTC Hits New High on Aave, Coinbase’s Wrapped Bitcoin Supply Soars

It’s been 48 days since Bitgo revealed its partnership with Bit Global on Aug. 9, 2024. Since that announcement, the supply of wrapped bitcoin (WBTC) held on Aave V3 has…

Continue ReadingWBTC Hits New High on Aave, Coinbase’s Wrapped Bitcoin Supply Soars

Phantom Wallet Joins Dydx, Easing Access for 7 Million Users

Dydx has announced its integration of the Phantom Wallet, a leading Solana-based non-custodial wallet, into its decentralized finance (defi) platform. This integration aims to simplify access for over 7 million…

Continue ReadingPhantom Wallet Joins Dydx, Easing Access for 7 Million Users

Lawmaker Introduces Defi Bill — Calls Decentralized Finance ‘Essential to Future of Markets’

Congressman Warren Davidson has introduced the Evaluating Defi Opportunities Act to foster data-driven regulations for decentralized finance (defi). He stressed the importance of safeguarding innovation and user privacy while addressing…

Continue ReadingLawmaker Introduces Defi Bill — Calls Decentralized Finance ‘Essential to Future of Markets’

Curve Finance Proposal Eyes Reducing TUSD Exposure After SEC Settlement

Curve Finance is evaluating a proposal to reduce its reliance on the stablecoin TUSD following the resolution of U.S. Securities and Exchange Commission (SEC) charges against Trusttoken Inc. and Truecoin…

Continue ReadingCurve Finance Proposal Eyes Reducing TUSD Exposure After SEC Settlement