DeFi
TrueFi Unveils Lending Protocol for Tokenized Real-World Assets; TRU Jumps 14%
Investors will be able to take out crypto loans by pledging TrueFi's U.S. Treasury bill tokens, with plans to expand collateral to other types of tokenized RWAs, according to the proposal.
Frax Finance Targets $100B Value Locked in Singularity Roadmap
Frax's singularity roadmap has set a target of $100 billion in TVL for its layer 2 Fraxtal.
Lithuania-Licensed Crypto Bank Meld to Offer Tokenized RWAs to Retail Investors
Meld, which is in partnership with the layer-1 blockchain of the same name, has an agreement with DeFi platform Swarm Markets, which started a real-world asset platform in December
Solana Leapfrogs Ethereum on DEX Volume
The meme coin frenzy seems to have catalyzed higher volumes on the Solana blockchain, which also boasts greater capital efficiency than Ethereum.
Crypto Compliance Platform Keyring Raises $6M to Unlock DeFi for Institutions
The company allows institutional investors to comply with regulations when interacting with DeFi, and recently facilitated a proof of concept trial with Nomura's crypto arm Laser Digital by building a compliance wrapper on top of USDC stablecoin.
Billion-Dollar Volumes and Then a Steep Drop Prompts Allegations of Wash Trading on Aevo
In response, Aevo says customers suddenly traded more on its decentralized exchange to try to get some of its airdrop.
Meme Coins Strongly Correlated to Network Growth: Franklin Templeton
Meme coin markets have boomed in tandem with the growth of addresses on their underlying blockchains.
DeFi Borrower Behavior Key to Gauging Tokenization Risks: BIS Study
The study was designed to look at the largely unexplored "intricacies" of user behavior and dynamics of decentralized finance lending, the authors said.
Developers Upload Script of Jerry Seinfeld’s ‘Bee Movie’ on Ethereum as Gas Fees Plunge After Dencun
Copying and pasting the Bee Movie script is a niche internet meme that originated on Tumblr and quickly spread to Reddit, YouTube, Facebook, and other social media platforms.
Uniswap's UNI Gains 20% as Token Reward Proposal Inches Closer to Approval
Uniswap's reward sharing mechanism, if approved, could inspire other DeFi protocols to follow suit.
