DeFi Project Kyber Network to Farm in Elastic Pools

Reading Time: < 1 minute Kyber Network plans to resume the ability to earn income through farming using their Elastic product, which utilizes concentrated liquidity and auto-compounding.

Tether is Exploring the Possibility of Expanding its Business

Reading Time: < 1 minute Paolo Ardoino, CTO of Tether, has said that the high profitability of the stablecoin Tether issuing company has enabled them to develop new business areas.

Aave Community to Vote Integration of Coinbase’s Base L2 Solution

Reading Time: < 1 minute Francis Gowen, a delegate and participant in the Aave DeFi community, as well as a protocol specialist at Flipside Crypto, has launched a Temperature Check procedure to integrate Coinbase’s Base 2 solution into Aave v3.

Cryptocurrency Exchange Binance Enables NFT Lending Feature

Reading Time: < 1 minute Binance has recently implemented the function of borrowing cryptocurrencies using NFTs as collateral.

Stably Launches #USD as the First BRC20 Stablecoin on the Bitcoin Network

Reading Time: 3 minutes Renton, United States, May 25th, 2023, Chainwire Stably, a leading Stablecoin-as-a-Service (SCaaS) and fiat on/off-ramp infrastructure provider for Web3 projects, is aiming to revolutionize the nascent Bitcoin ordinals market by…

USDT’s Market Cap Hits 1-year High

Reading Time: < 1 minute Tether (USDT) reached a market capitalization of $83.027 billion on May 24, a level not seen since the beginning of May 2022.

Herencia Artifex, an NFT project for artistic collaboration across genres, sells the first of NFT

Reading Time: 2 minutes Tokyo, Japan, May 25th, 2023, Chainwire Herencia Artifex promotes collaboration across art world boundaries and provides a venue for artists of different backgrounds and styles to come together and produce…

Changpeng Zhao Believes China May Soften its Stance on Cryptocurrencies

Reading Time: < 1 minute Changpeng Zhao believes that Beijing is slowly heading towards a change of attitude as seen by the Central Bank licensing crypto companies in Hong Kong.

Ripple Acquires Pantera Capital’s Stake in Bitstamp

Reading Time: < 1 minute Fintech company Ripple Labs acquired a minority stake in the cryptocurrency exchange Bitstamp in the first quarter of 2023.