Aave DAO's proposal to activate a fee switch represents a strategic move to bolster stakers' rewards. While the short-term market response appears positive, the token's recent downward trend indicates lingering challenges.
SanyaThis article will review Frax Finance’s latest developments and market data.
JinseFinanceFrax Bonds are similar to traditional bonds but operate on the blockchain, providing returns comparable to short-term U.S. Treasuries in traditional finance.
JinseFinanceScam Sniffer has recently reported a concerning surge in cryptocurrency theft in 2023. This surge can be attributed to the rising complexity of phishing scams.
ZoeyLondon-based Fnality, a blockchain payments firm, raises $95 million in a funding round led by Goldman Sachs and BNP Paribas. Other participants include DTCC, Euroclear, Nomura, and WisdomTree, as well as banks from Fnality's 2019 funding round. The company tokenizes fiat currency backed by central bank-held cash.
Xu LinFrax Finance: Stablecoin hedging inflation, supporting a stable digital currency ecosystem.
Cheng YuanA phishing operation operating under the alias FrenTechPro, masquerading as the Friend.Tech tool, has reportedly siphoned off around $214,000 in crypto from seven blockchains.
KikyoThe primary function of the Frax Protocol is to maintain the FRAX price at $1.000 by using AMO contracts, real-world assets (RWAs), and governance actions facilitated by frxGov, leveraging USD oracles as a reference.
DavinBitcoin NFTs have slowly become a major part of the crypto market in recent months.
cryptopotatoUkraine continues to use crypto and NFTs to fund the two-month long ongoing Russia-Ukraine war.
Cointelegraph