DeFi
NFT Marketplace Blur's Token Reaches $500M Trading Volume After Airdrop
BLUR prices jumped to as much as $5 before falling 85% on Wednesday morning, price trackers show.

BNB Chain Aims to Double Transaction Speed, Targets ZK Tooling in 2023 Road Map
It also aims to more than triple the number of validators to 100.

Investors Rush to Tether as Paxos' BUSD Faces Regulatory Heat, Curve Liquidity Pools Show
Investors are fleeing the Paxos-issued stablecoin even though the firm gave assurances it is fully backed and will be wound down in an orderly manner, one observer said.

Avalanche Blockchain Had 1,500% Transactional Growth in 2022: Nansen
Such transactional activity came even as the total value of tokens locked on Avalanche-based decentralized finance applications slid from 2021’s $15 billion peak to just over $900 million in November 2022.

Crypto Traders' Focus on Curve USD Stablecoin Drives Curve Token Price Higher
Tokens related to decentralized stablecoin protocols gained in the past 24 hours following troubles at Paxos’ BUSD offering.

Aave Community Mulls Freezing Binance Stablecoin Amid SEC Pressure
As circulating supply trends to zero, the lack of growth could "hurt peg arbitrage opportunity and asset peg," one community member said.

Wormhole Bridge Exploiter Supplies $46M to Crypto Lending Platform Maker, Buys Wrapped Ether
The exploiter may be earning returns on staked cryptocurrency.

Bernstein Says Regulatory Backlash Will Lead to More DeFi and Offshore Crypto
Regulatory overreach will lead to further movement towards decentralized finance apps, built directly on-chain by anonymous teams, the report said.

DeFi Protocol Clearpool Chooses Polygon Network for Its Institutional Lending Platform
Clearpool also opened the onboarding and whitelisting process for institutional borrowers and lenders to its Prime platform.


