The Frax community recently approved a proposal to make its FEI stablecoin fully backed by USD equivalents, rather than maintaining a partially backed and semi algorithmic stablecoin. With Frax’s decision, the days of experimentation with algorithmic stablecoins could finally be behind us.

Conferences have become an essential part of many industries, including blockchain, cryptocurrency, NFTs, DeFi, and Metaverse.

DeFi and its security challenges are relevant and essential, and many people may be interested in understanding why DeFi is more susceptible to hacks than traditional banks.

Solana-based decentralized finance (DeFi) platform Solend plans to improve risk management and decentralization with the Solend V2 lending and borrowing protocol.

Babel Finance, one of cryptocurrency lending firms shaken by the bear market of 2022, is exploring new restructuring opportunities involving minting a new token.

Kraken is moving ahead with plans to launch its own bank despite a challenging regulatory environment.

Troubled Hong Kong crypto lender Babel Finance is planning on issuing a crypto-backed stablecoin in unison with a decentralized finance (DeFi) platform in an attempt to repay creditors following a $766 million loss last year, according to a Bloomberg report.

PancakeSwap, a leading multichain decentralized exchange (DEX), will launch its version 3 (V3) in the first week of April.

Embattled crypto lending firm Babel Finance envisions a restructuring effort centered around a new stable asset project called Babel Recovery Coin.

As reported by the local press, Russia’s state-owned bank Sberbank has announced plans to introduce its own Decentralized Finance network in May of 2023.