The value of assets staked in Solana’s liquid staking protocols has experienced a significant surge, with a 91% increase in the first half of the year. Various liquid staking protocols, including Marinade Finance, Lido, Jito, JPool, and Socean, collectively held $187 million in...
A new policy proposal is urging the Hong Kong government to issue its own stablecoin, HKDG, backed by the region’s foreign exchange reserves. The proposal aims to establish a competitor to existing stablecoins such as USDT and USDC. Co-authored by prominent figures including Wang...
The Ethereum community has taken a significant step to enhance the security of decentralized finance (DeFi) protocols by proposing a new standard called ERC 7265. The proposed standard introduces a “circuit breaker” mechanism that enables DeFi protocols to implement a back-stop in...
Companies operating in the U.K. will have only “four routes to lawfully communicate cryptoasset promotions” in order to be in compliance with the FCA’s regime.