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Parsec Shuts Down Business Amid Crypto Market Volatility
On-chain analytics firm Parsec is closing down after five years, as crypto trader flows and on-chain activity no longer resemble what they once did. “Parsec is shutting down,” the company said in an X post on Thursday, while its CEO, Will…
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IoTeX Investigates Token Safe Incident as Analysts Estimate $4.3M Loss
Decentralized identity protocol IoTeX has confirmed that it is investigating unusual activity tied to one of its token safes after onchain analysts flagged a possible security incident.In a Saturday post on X, the project said its team was…
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Wall Street Adds BMNR Stock; DeFi Lenders Are Pressured by Illiquidity
Large institutional investors continued to add exposure to crypto treasury companies over the past week, even as bear-market illiquidity forced another round of shakeouts across decentralized finance (DeFi).The biggest corporate…
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Kraken xStocks Surpasses $25B in Tokenized Stock Volume
Kraken’s tokenized equities platform, xStocks, has surpassed $25 billion in total transaction volume less than eight months after launch, underscoring accelerating adoption as tokenization gains traction among mainstream investors.Kraken…
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How Aave Could Help End Crypto Winter, According to Bitwise
Bitwise exec said that Aave's governance proposal stands out as a positive development for DeFi during the crypto downturn.
Even after four months since the massive…
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ETH Mass Adoption Across TradFi Backs $2.5K Price Target
Key takeaways:Institutional sentiment is shifting toward ETH as elite funds reallocate capital from Bitcoin to Ether ETFs.BlackRock’s ETH ETF pairs secure staking with a low 0.25% fee, creating a major win for mainstream crypto…
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Judge Dismisses Bancor-Affiliated Patent Case Against Uniswap
Update Feb. 12, 6:40 am UTC: This article has been updated to add comments from a Uniswap spokesperson.A New York federal judge dismissed a patent infringement lawsuit brought by Bancor-affiliated entities against Uniswap, ruling that the…
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Apollo Partners With Morpho To Support Lending Infrastructure
Traditional finance giant Apollo Global Management Inc. has signed a partnership agreement with decentralized lending platform Morpho to take a significant stake in the project and help support its blockchain lending infrastructure. The…
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Aave Labs Seeks $50M Package in Revenue Shift Proposal
Aave Labs has asked tokenholders to approve a funding package worth about $50 million in exchange for redirecting all revenue from Aave-branded products to the Aave DAO treasury.The proposal includes up to $42.5 million in stablecoins — $25…
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BlackRock Enters DeFi Via UniSwap, Bitcoin Stages Modest Recovery
BlackRock made its first formal move into decentralized finance this week, listing its tokenized Treasury fund on Uniswap, with Bitcoin and Ether staging only modest rebounds amid heavy ETF outflows.Bitcoin (BTC) and Ether (ETH) each rose…
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