Your Weekly DeFi News in Bite-Sized Fashion
This week’s issue covers events between February 4th and February 11th, 2024.
Welcome to the 181st issue of The Defiprime Post, a quick weekly primer covering the biggest developments around Ethereum and DeFi. This week’s issue covers events between February 4th and February 11th, 2024.
🔥 The DeFi Bulletin
TradeStation Crypto Inc. settled with the SEC for $3M.
Frax launched its L2 network Fraxtal, including partner apps.
BitGo is looking to jumpstart an RWA tokenization segment via acquisition.
Tapioca DAO introduced $TAP.
Herodotus and StarkWare unveiled a “Cairo verifier” for scaling L3s on StarkNet.
Tranchess V3 was announced.
Wormhole revealed its tokenomics.
Merlin Chain secured an undisclosed amount of funding, aiming to use the funds to empower Bitcoin-native innovations.
Check out our link for Notcoin that reads you with 1M points.
💵 State of the Stablecoins
M^0 will allow institutions to issue stablecoins backed by U.S. treasuries.
Ameem Soleimani took another stab at a pegless stablecoin.
💱 DEX Report
💎 NFT News
ERC404, an NFT-cryptocurrency hybrid, has already generated $87M in trades.
Thanks for reading, and be sure to catch the 182nd issue of The Defiprime Post out this time next week! 👋♦️👋