DWF Labs to Buy $10M of TokenFi’s TOKEN, Plans to Develop AI Products
The purchase will be done over a two-year period, developers told CoinDesk.
Token
USDR Issuer Tangible Plans to Redeem Itself as a Layer-2 for Real-World Assets
First came the literal redemption for failed stablecoin USDR. Now comes the metaphorical redemption as Tangible changes its name to re.al.
Floki Price Surges 100% as Burn Proposal Passes
As reported last week, the burn removes 2% of the tokens from the circulating supply.
Blast, Hyped Layer-2 Chain, Sees Most Deposits Bridge to Yield Manager
The controversial layer-2 network had taken $2.3 billion in deposits since November as it prepared for launch. What remains is now down to about $350 million, but many of the deposits in the original “farm” contract have now moved into a new Blast address.
Finance Protocol Usual Introduces Stablecoin Backed by Real-World Assets
Profits are redistributed to the community by rewarding token holders with yields.
Crypto Custodian Finoa Offers Centrifuge’s Tokenized T-Bill Fund
Tokenized assets pioneer Centrifuge is linking its Anemoy fund to Finoa’s 300-plus crypto institutions.
First Mover Americas: Bitcoin’s Bitfinex-Led Surge
The latest price moves in crypto markets in context for Feb. 27, 2024.
Ether’s Bitcoin Beating Rally Not Just Because of Potential ETF Approval: Bernstein
The amount of ether held on exchanges is at an all-time low of 11%, a sign that more of the cryptocurrency is being locked up for DeFi, the report said.
Early Uniswap Whale Sold $1M Worth of UNI as Price Surged
The wallet in question still holds $10.6 million worth of UNI tokens.
Frax Finance Mulls Uniswap-Like Reward Mechanism for Token Stakers
“We are going to follow Uniswap’s lead in proposing it. It will be up to the community to pass it,” CEO Sam Kazemian said.