The top 100 DeFi tokens had a mixed week in terms of price action, with the total value locked in DeFi protocols maintaining above $50 billion. Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week. A total of…
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The Arbitrum Foundation has made a couple of new governance proposals following the fracas that occurred over its first attempt. The Arbitrum Foundation has released a raft of new improvement proposals following the fracas that ensued after its first failed attempt at governance. On April 5, Ethereum layer-2 solutions provider Arbitrum posted new Arbitrum Improvement…
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The funds will be used to develop decentralized infrastructure that enables institutional investors to allocate assets on-chain. Berlin-based M^ZERO Labs, a company that seeks to build neutral infrastructure linking assets in the global financial system with decentralized applications, has raised $22.5 million in a financing round led by Pantera Capital. The funding round also includes…
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The token protocol can be used for a wide variety of applications, including membership badges, loyalty programs, decentralized captcha bots, and credit underwriting. Masa Finance’s soulbound tokens will soon be available on Coinbase’s Base network, according to an April 4 announcement from Masa Finance. The new tokens will allow users to link identifying and reputational…
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The collaboration is set to allow founders building on Celo to access credits for Google Cloud and Google’s mobile development platform, Firebase. The Celo Foundation has partnered with Google Cloud to support mission-aligned projects in Celo’s blockchain ecosystem and advance the early adoption of Google Cloud services. The collaboration is set to allow founders building…
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The Arbitrum Foundation has backtracked on a controversial proposal and ratification vote that gave it control of a huge chunk of tokens. Ethereum layer 2 solutions provider Arbitrum has backtracked on its governance voting system following community backlash from token holders. On April 2, the Arbitrum Foundation tweeted that its first governance proposal, AIP-1, “likely…
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The top 100 DeFi tokens had a mixed week, with little changes and a majority of the tokens trading in green. Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week. The ongoing downturn in the crypto market hasn’t…
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The exchange shared that all customer funds are safe but advised its U.S. customers to withdraw their funds by April 30, 2023. Cryptocurrency exchange Bittrex has announced it will be winding down its operations in the United States due to the challenging regulatory and economic environment. The announcement was made on the platform’s ninth anniversary, marking…
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The rise of artificial intelligence, though in its early stages, has found use cases in crypto through countless projects. The use of artificial intelligence (AI) in crypto, though still in its infant stages, is showing prospects for growth. According to a report from Fortune Business Insights, the blockchain AI market is projected to grow from…
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According to the token protocol startup Noble, the second-largest stablecoin, USDC, will be integrated into the Cosmos blockchain, as the company has partnered with Circle Financial for the rollout. Noble details that the integration will give access to Circle’s USDC stablecoin to more than 50 Inter-Blockchain Communication (IBC) networks. USDC Native Support Is Coming to…
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