Tag: Decentralized finance

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Navigating the Memecoin Mania: Binance Founder Urges Utility Innovation

Binance founder Changpeng Zhao has raised concerns about the current hype surrounding memecoins and is calling for more focus on developing utility-driven tokens. In a recent post on social media, Zhao acknowledged the popularity...
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Franklin Templeton Launches $410M Money Market Fund on Ethereum Blockchain

Franklin Templeton has recently made a significant move by launching its OnChain U.S. Government Money Market Fund on the Ethereum blockchain. This allows the fund to be traded on Ethereum, which is currently the...
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Republican State AGs and DeFi Lobby Challenge SEC’s Crypto Enforcement – Lawsuit Analysis

A group of state attorneys general and the DeFi Education Fund have filed a lawsuit against the U.S. Securities and Exchange Commission (SEC) and its five commissioners. They claim that the SEC is overstepping...
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Tokenized Money Market Funds: The Rise of Stablecoin Alternatives

The stablecoin market has seen significant growth over the past year, with an all-time high market cap of $171 billion. Major players like Visa, PayPal, Revolut, and Stripe have all entered the stablecoin space,...
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Magic Labs Unveils Chain Unification Network ‘Newton’ for Polygon’s AggLayer

Magic Labs recently announced the unveiling of Newton, a chain unification network designed specifically for Polygon's AggLayer. This network will allow wallet solutions to seamlessly integrate with the AggLayer, which serves as a platform...
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Bitcoin Developers Collaborate with StarkWare and Blockstream for Breakthrough Features in New Update

A group of Bitcoin developers from different teams have come together to make a significant breakthrough on the Bitcoin blockchain. They have found a way to add a type of programming called "covenants" that...
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Franklin Templeton Launches Tokenized Treasury Fund on Layer 2 Blockchain

Franklin Templeton has recently made an exciting announcement regarding its OnChain U.S. Government Money Market Fund. The fund is now available for trading on Coinbase's Base blockchain, marking a significant milestone as the first...
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Proposed Deflationary Tokenomics in MakerDAO Rebranding: A Strategic Approach

Rune Christensen, the founder of Sky, formerly known as MakerDAO, has put forth a proposal for a strict deflationary approach to the governance token of the protocol. The community is set to vote on...
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Unlocking the Potential: How Bitcoin’s Original Blockchain Could Revolutionize DeFi

The developers behind the BOB project, which stands for "Build everything on Bitcoin," have introduced a new vision paper outlining a design for a hybrid layer-2 network that could potentially position Bitcoin as the...
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The Future of Stablecoins: Allaire Predicts Trillion-Dollar Expansion in 10 Years

The future of stablecoins looks promising, according to Circle CEO Jeremy Allaire. He predicts that stablecoins could capture 5%-10% of the global money supply over the next decade. This growth could lead to the...