DeFi

Stay ahead of the curve with timely insights about decentralized finance (DeFi). Blockworks reports the news that moves the industry one way or the other.

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The Merlin Chain Bitcoin layer-2 grew by roughly 2,000% in the past month

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Blockchain technology is being used to incentivize community building in the real world

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FDUSD is looking at cross-border payments, layer-2 deployments and payroll

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The vulnerability enabled exploiters to replay a bug that would enable an infinite number of IBC tokens to be redeemed

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Celo’s layer-2 will aim for a summer 2024 testnet

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The Nakamoto upgrade will enhance transaction throughput and enable Bitcoin finality for layer-2 transactions

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Miners may not have even noticed the halving took place over the weekend, with fees largely making up the difference so far

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Billed as a better BRC-20 fungible token standard, Bitcoin Runes launches tomorrow

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Index Coop is automating investment in high yield ether opportunities, minus the points farming

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Chorus One tried to tease out some risks that could emerge from the buzzy restaking protocol

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EY plans to move the service to Ethereum mainnet and a layer-3 in the future, its blockchain head told Blockworks

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Worldcoin-related activity currently makes up 43% of activity on Optimism, a Dune dashboard suggests

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X Layer is a zkEVM validium running on Polygon’s CDK tech stack

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Relm and Chainproof will provide insurance quotes to distributed validators

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DLC.Link uses a Taproot-based Bitcoin multisig to let institutions mint dlcBTC, starting on Arbitrum

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Nomic and Babylon team up to offer stBTC, a bitcoin with built-in staking yield but without lockups

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In-protocol payments and slashing won’t go live until the marketplace stabilizes

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Solana is popular due to its cheap fees, but it’s become a little too popular with a certain crowd

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The halt was caused by the wrong version of a bug fix being included in an upgrade

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Users using Karak will be able to restake any asset on any chain, Karak founders explain

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Users of Maker’s Spark protocol may soon be cut off from Aave DAO airdrops

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A third party accounting firm will audit these reserves and Ripple will publish monthly attestations

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The price slump is in contrast to Ethena’s airdrop from earlier this week

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Multichain apps can share a common state between chains

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