Solv Protocol to Launch ‘onchain MicroStrategy’
In a post on Nov. 29, Ryan Chow, the co-founder of Solv Protocol, announced that the company is launching an “onchain MicroStrategy” to introduce yield-bearing Bitcoin reserves to decentralized finance (DeFi). “We are developing the first-ever On-Chain MicroStrategy, a transparent, permissionless platform that converts Bitcoin from a passive store of value to an active financial […]
Echelon Launches Debt-Driven Move Appchain
Echelon Chain, a debt-driven Move appchain, has been introduced by Echelon as a decentralized lending protocol on Aptos. The Echelon team said on Nov. 28 that the appchain, which is based on Initia’s Interwoven Stack, uses Celestia’s modular blockchain technology. Echelon Chain’s launch comes after the Echelon Roadmap’s publication, which highlighted $132 million in borrowed […]
Cardano Founder: Bitcoin DeFi To Dominate Crypto in 3 Years
Charles Hoskinson predicted that Bitcoin would reach $250,000 to $500,000 within the next 12 to 24 months. Cardano founder Charles Hoskinson predicts that decentralized finance (DeFi) on the Bitcoin network will surpass all other cryptocurrency ecosystems within the next two to three years. In a YouTube video posted on November 27, Hoskinson emphasized Bitcoin’s potential […]
Binance Labs Invests in Astherus
Binance Labs has invested in Astherus to enhance its platform and expand its DeFi ecosystem. In addition to receiving funding from Binance Labs, the venture capital and incubator division of Binance, Astherus is a decentralized finance platform with the primary objective of maximizing the real income generated by digital assets. Binance Labs announced on November […]
MetaMask Co-founder: Memecoins Highlight Web3 & AI Consent Issues
MetaMask co-founder Dan Finlay’s memecoin experiment shows Web3’s consent, trust, and investor expectations. Dan Finlay, co-founder of the crypto wallet platform MetaMask, recently conducted an experiment with memecoins to explore issues surrounding consent and trust in the Web3 ecosystem. Finlay minted two tokens — “Consent” on Ethereum and “I Don’t Consent” on Solana — and […]