London-based asset management firm Abraxas Capital has deposited approximately $140 million worth of cryptocurrency into Spark, a decentralized finance (DeFi) lending protocol, …
protocol
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Finance
KOR Protocol Secures $7.5 Million Series A at $100 Million Valuation Led by 1kx and Blockchain Capital
by shayaanby shayaanKOR Protocol has secured $7.5 million in Series A funding at a $100 million valuation, with venture firms 1kx and Blockchain Capital …
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DeFi
USDD Deposits on Tron’s Just Protocol Surpass $400 Million, Signaling DeFi Growth
by shayaanby shayaanTron founder Justin Sun announced on X that the total value locked (TVL) of $USDD deposits on the Tron-based DeFi protocol Just …
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DefiLlama has announced a significant enhancement to its platform by tracking token rights for over 100 protocols and Layer 2s. This new …
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Markets
DeFi protocol Summer.fi halts Lazy Summer vaults after $6 million exploit
by shayaanby shayaanThe protocol’s SUMR token fell by over 18% after the incident. www.coindesk.com
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Smart Contracts
Story Protocol Rebrands as Data Network in AI Training Pivot After IP Token Falls 98%
by shayaanby shayaanIn short Story Protocol is turning away from its permissionless intellectual property network in favor of a new opportunity in AI training …
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Aave, one of the leading decentralized finance (DeFi) lending protocols, has announced plans to expand into real-world asset (RWA) lending, including tokenized …
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DeFi
SkyEcosystem Highlights $14.5B in Protocol Collateral — Here’s Why It Matters
by shayaanby shayaanSkyEcosystem recently highlighted significant achievements in its protocol, including $14.5 billion in collateral and the first structured finance credit rating assigned to …
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Story Protocol has rebranded as the DATA Foundation after replacing its original intellectual property licensing strategy with a new focus on AI …
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Okratech Token ($ORT), a Web3-centered utility token project, has partnered with Predict Protocol, a decentralized prediction market entity. The partnership endeavors to …