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Curve DAO Votes on Yield Basis Credit Line Proposal - Unchained

The Curve Finance community is voting on a proposal for a credit line of up to 60 million crvUSD for Yield Basis, aimed at supporting Bitcoin-focused pools while reducing impermanent loss. The proposal has received 97% early approval.
ai-iconThe abstract is generated by AI
CRV-2.27%
CRVUSD0.02%
BTC-2.16%
WBTC-2.08%
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Grayscale Prepares to Stake ETH From Ether ETF: Arkham - Unchained

Grayscale has moved over 40,000 ETH for staking rewards, positioning itself as the first Ethereum ETF in the U.S. to do so. This move could potentially yield up to $276 million annually based on staking rates.
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ETH-2.14%
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Coinbase Users Could Earn 10.8% From New USDC Lending Program - Unchained

Coinbase has launched an on-chain lending product enabling users to lend USDC and earn up to 10.8% yields, in partnership with Morpho and Steakhouse Financial, although it's limited to select regions.
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USDC-0.07%
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Trump’s $15 Billion Lawsuit Claims NYT Contributed to TRUMP Token Decline - Unchained

Donald Trump has filed a $15 billion defamation lawsuit against The New York Times and Penguin Random House, alleging intentional harm to his reputation and his TRUMP crypto project, which has lost significant value due to negative coverage.
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TRUMP-0.82%
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Sam Bankman-Fried Appeal Hearing Set for November - Unchained

Former FTX CEO Sam Bankman-Fried's appeal hearing is set for Nov. 4, nearly two years after his 25-year prison sentence. His lawyers argue that legal errors in his trial warrant a new trial or overturning his conviction.
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IN-13.15%
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Aave Seeks to Reduce Scroll Exposure Amid Governance Chaos - Unchained

Aave's community is reviewing a proposal to adjust risk parameters due to instability in the Scroll ecosystem's governance. Following leadership changes and a halt on new proposals in Scroll's DAO, concerns have arisen about operational continuity.
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AAVE-2.11%
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Story Protocol’s IP Surges 30% After Treasury Firm Embraces Token - Unchained

Story Protocol’s native token IP hit an all-time high price of around $11.75, surging 30% after Nasdaq-listed Heritage Distilling announced plans to build significant IP token reserves.
Heritage’s strategy is backed by $220 million in private investment in public equity (PIPE) financing, which
IP-24.2%
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Sky Joins Bidding War to Launch Hyperliquid’s USDH - Unchained

Major DeFi protocol Sky has put itself in the running to issue and manage Hyperliquid’s planned stablecoin USDH.
Sky, formerly known as MakerDAO, is the fifth major entity to submit a bid alongside Paxos, Frax Finance, Agora, and Native Markets.
Sky said it would offer 4.85% rewards on all USDH on
SKY-0.68%
HYPE0.15%
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Tether Didn’t Sell Any Bitcoin, Says CEO Paolo Ardoino - Unchained

Tether CEO Paolo Ardoino clarified that the company has not sold any of its Bitcoin holdings, but instead contributed part of its stash to the investment vehicle XXI, resulting in a net increase in Bitcoin holdings.
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BTC-2.16%
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Tron's Proposal to Halve Transaction Fees Nears Approval - Unchained

Tron’s fee-cut proposal, known formally as Issue 789 or Proposal104, is nearing approval as the vote gains strong momentum ahead of the Friday deadline.
The proposal suggests halving Tron’s transaction fees by reducing the energy unit price from 210 sun to 100 sun, effectively cutting the cost of t
TRX-0.17%
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Aave Expands Into Institutional DeFi With Horizon - Unchained

Aave Labs has launched Horizon, a new platform tailored for institutional borrowers to access stablecoins by borrowing against tokenized real-world assets (RWAs) like U.S. Treasuries and collateralized loan obligations (CLOs).
The platform supports lending in stablecoins like Circle’s USDC,
AAVE-2.11%
DEFI1.41%
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AAVE Tumbles After WLFI Reportedly Claims Token Deal is ‘Fake News’ - Unchained

AAVE's token fell 8% following rumors about its token deal with World Liberty Financial being in jeopardy. Despite confusion from a blockchain reporter, Aave's founder confirmed the governance proposal was approved and the deal could yield $2.5 billion in WLFI tokens.
ai-iconThe abstract is generated by AI
AAVE-2.11%
WLFI-1.45%
TOKEN-2.44%
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Bullish Settles $1.15B IPO Entirely in Stablecoins - Unchained

Bullish made history by settling its $1.15 billion IPO entirely with stablecoins, mainly USDC, on the Solana blockchain. Traditional bank Jefferies facilitated the process, highlighting stablecoins' transformative role in finance.
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IN-13.15%
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SoFi Launches Lightning Network Remittances - Unchained

SoFi Technologies will be the first U.S. bank to adopt the Bitcoin Lightning Network and Universal Money Address for international money transfers, partnering with Lightspark to offer low-cost remittances starting with Mexico.
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Wyoming Launches FRNT Stablecoin on Several Blockchains - Unchained

Wyoming has launched the Frontier Stable Token (FRNT), a landmark Visa-supported stablecoin issued directly by a U.S. state agency, the Wyoming Stable Token Commission, fully backed by U.S. dollars and short-term Treasury bills.
FRNT debuted on Tuesday with multichain compatibility, launching
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