Fri, November 8

Velar Unveils Dharma AMM for Boosting Bitcoin DeFi Liquidity

In order to provide DeFi liquidity to the Bitcoin ecosystem, Bitcoin liquidity protocol Velar has announced the introduction of Dharma, an Automated Market Maker (AMM). Dharma, which is scheduled to launch on Bitcoin L2 Stacks on March 19, will increase the network’s DeFi capabilities. Token pairings may now be completely traded onchain

March 19, 2024 2 mins read

Wyoming Grants Legal Status to DAOs with New Framework Enacted

Decentralized autonomous organizations (DAOs) now have a legal framework thanks to a measure signed into law by Wyoming Governor Mark Gordon. Furthermore, the Select Committee on Blockchain, Financial Technology and Digital Innovation Technology of the legislature supported the law, which establishes a formal framework for decentralized unincorporated non-profit organizations (DUNAs)

March 10, 2024 1 min read

DeFi Total Value Locked (TVL) Surpasses $100B Amid Bitcoin Surge

On March 9, the total value locked in DeFi protocols surpassed $100 billion, thanks to the demand for Bitcoin which is boosting the mood surrounding the crypto sector. Data from DefiLlama shows that decentralized financial protocols have a total value locked (TVL) of $100.1 billion, with a volume of over

March 10, 2024 2 mins read

Grayscale Launches Dynamic Income Fund for Multi-Asset Staking

Grayscale Investments, an asset management business, has launched a new staking fund in addition to its spot Bitcoin ETF. The Grayscale Dynamic Income Fund (GDIF) is a recently established cryptocurrency staking fund that was detailed in a post on twitter. An announcement from Grayscale states that this is their first

March 6, 2024 1 min read

Hacker Returns 80% of $6.4M Loot in Stablecoin Protocol Seneca Breach

An approval process issue in the Stablecoin protocol Seneca’s smart contract allowed an exploiter to access around $6.4 million in digital assets. Seneca has offered a 20% bounty to the person or people responsible for this exploit. The stablecoin protocol vulnerability was reported by many blockchain security organizations on February

March 1, 2024 2 mins read