βοΈ #W Wormhole released an updated W tokenomics:
- A portion of revenue will be sent to Wormhole Reserve;
- will replace large annual unlocks with bi-weekly unlocks starting October 3 (all agreements with organizations will remain on the original annual unlock schedule).
- A portion of revenue will be sent to Wormhole Reserve;
- will replace large annual unlocks with bi-weekly unlocks starting October 3 (all agreements with organizations will remain on the original annual unlock schedule).
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π³π€ #USDT Rain (Visa's platform for stablecoins) and Tether's Plasma have announced a partnership, integrating Rain's card infrastructure with Plasma, allowing USDT to be used for purchases at over 150 million merchants worldwide.
πΈπ #SYRUP Maple Finance has collected $4 billion in deposits, becoming the largest decentralized financial lending protocol in the world. dlnews
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π° #BIO Arthur Hayes' Maelstrom supports raising $7M in Bio Protocol dlnews.com
πββ #CRV Curve Finance offers "Yield Basis," a $60 million plan to transform CRV into an income-producing asset designed to enhance investor utility and returns.
π€ #SOL Forward Industries has applied for up to $4 billion to participate in the Marketplace Capital Attraction Tendered (ATM) program. The proceeds will be used for working capital, corporate purposes and growth initiatives, but the most prominent use case relates to the expanding Solana Treasury (SOL) strategy. financefeeds
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#ETF SEC approves common listing standards for ETFs, paving the way for crypto-ETFs to be listed under a simplified procedure without direct approval.
π€ #ETH #SOL The head of Galaxy Digital's DeFi division called Ethereum's 45-day exit queue length "alarming" and compared it to Solana, where it only takes two days to exit the steakage.
Vitalik, commenting, said that opting out of Ethereum steaking "is like a soldier deciding to leave the army," adding that steaking is "taking on a solemn duty to protect the blockchain." cointelegraph
Vitalik, commenting, said that opting out of Ethereum steaking "is like a soldier deciding to leave the army," adding that steaking is "taking on a solemn duty to protect the blockchain." cointelegraph
πΊπΈπΉ Coinbase CEO says he is involved in crypto market structure legislation to "make sure we never have another Gary Gensler." #regulation