Category sc : DeFi

DeFi

Justin Sun Implements 100% On-Chain Buyback and...

The SunPump community changed its mind about an LP burning mechanism, instead opting for an on-chain buyback and burn mechanism, which Justin Sun agreed...
DeFi

Canadian Court Holds Bitcoin Loan Defaulter Responsible,...

Crypto acceptance is growing as courts acknowledge transactions made via the asset class, holding wrongdoers responsible. The Supreme Court of British Columbia ruled in favor...
DeFi

DeFi Protocol Threshold Wants to Merge with...

Threshold has proposed a merger of its tBTC token with WBTC as the industry is concerned for the latter’s future. Threshold, a protocol offering a...
Artificial intelligence (AI)

BounceBit to Launch CeDeFi V2 Platform with...

BounceBit V2 will improve its CeDeFi platform with expanded DeFi, AI, and gaming features. The launch serves as BTCfi, which allows Bitcoin staking...
DeFi

Radix Cuts Workforce by 15% in Strategic...

Radix is reducing staff by 15% to save money and concentrate its strategy. CEO Piers Ridyard guarantees major projects will proceed without interruption. Radix,...
DeFi

ParaFi Capital Raises $120 Million to Invest...

ParaFi Capital, a digital asset management firm based in New York, has successfully raised $120 million from investors, including Theta Capital Management and Accolade...
DeFi

Maker Rebrands to Sky, Replaces DAI With...

Household DeFi protocol Maker replaced its decentralized DAI stablecoin with centralized USDS as it rebranded to Sky. Users are not happy. DeFi lending protocol,...
DeFi

Celsius Has Refunded $2.5 Billion to Two-Thirds...

Celsius has repaid 251,000 creditors, with 121,000 left to go. So far, it has paid 93% of the funds it owes. The defunct crypto...
DeFi

PayPal Teams Up with Anchorage to Launch...

PayPal collaborates with Anchorage Digital to offer interest rewards on PYUSD holdings. The initiative is meant for institutional investors who operate outside of...
DeFi

12,000 Bitcoin Removed from USDD Reserves, Sun...

Tron founder Justin Sun has downplayed concerns following the removal of 12,000 Bitcoin, worth over $729 million, from the reserves backing Decentralized USD (USDD),...
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