Financial Firms Exchange USDC for Cash amid Growing Stability Concerns
Financial firms are buying and selling USDC as concerns about its stability continue to grow. Fears of a run on the stablecoin were sparked by...
MakerDAO Releases Emergency Proposal to Minimize USDC Exposure
MakerDAO, a worldwide decentralized reserve bank, has recently introduced an emergency proposal. This proposal intends to decrease the platform’s exposure to likely impaired stablecoins like...
Platypus Finance Starts Compensations for LP Affectees
Platypus Finance, a decentralized finance (DeFi) platform, has started compensating LP affectees who lost their funds during the previous Main Pool hosted on the platform....
Facebook’s Meta Confirms Development Of Decentralized Social App
Meta, the company formerly known as Facebook, has confirmed that it is developing a decentralized, text-based social networking app, codenamed P92. The app is still...
Safeheron Says Using MPC Wallets with Starknet Apps Creates Security Flaw
To meet the demands of multi-party asset governance, Safeheron has released the Web3 Suite, a platform that enables users to engage securely with decentralized apps...
KuCoin Wallet Integrates Fantom for Enhanced Trading Experience
Fantom, an open-source blockchain-based system for digital products and dApps, has been officially integrated into the KuCoin Wallet. Fantom is among the most widely used...
Lido Momentarily Disables Staking and Withdrawal Services
Due to the identification of an issue impacting stMATIC withdrawals, transactions on Polygon’s stake and withdrawal capabilities have been momentarily suspended for investigation by Lido...
BitKeep Unveils Token Exchange Support and Arbitrum Futures Airdrop
BitKeep, a major entry point for the Web3 community, has confirmed the beginning of an airdrop program for the Arbitrum Futures Tokens (ARBK) to benefit...
Gate.io to List Equilibrium (EQ) on Its Platform on March 9
Gate.io, a prominent crypto exchange company, will list the Polkadot-based DeFi platform named Equilibrium on its platform. Equilibrium (EQ), in a Medium post, disclosed that...
Ellipsis Labs Launches Phoenix DEX Beta on Solana Mainnet
Ellipsis Labs, a DeFi development firm, has introduced the beta launch of Phoenix, its de-centralized exchange that operates on Solana mainnet. Phoenix is on-chain and...