Welcome to the 181st issue of The Defiprime Post, a quick weekly primer covering the biggest developments around Ethereum and DeFi. This week’s issue covers events between February 4th and February 11th, 2024.
🔥 The DeFi Bulletin
- TradeStation Crypto Inc. settled with the SEC for $3M.
- Frax launched its L2 network Fraxtal, including partner apps.
- BitGo is looking to jumpstart an RWA tokenization segment via acquisition.
- Tapioca DAO introduced $TAP.
- Herodotus and StarkWare unveiled a “Cairo verifier” for scaling L3s on StarkNet.
- Citrea, the first Bitcoin ZK rollup, was announced.
- Tranchess V3 was announced.
- Wormhole revealed its tokenomics.
- Merlin Chain secured an undisclosed amount of funding, aiming to use the funds to empower Bitcoin-native innovations.
- Check out our link for Notcoin that reads you with 1M points.
💵 State of the Stablecoins
- M^0 will allow institutions to issue stablecoins backed by U.S. treasuries.
- Ameem Soleimani took another stab at a pegless stablecoin.
💱 DEX Report
💎 NFT News
- ERC404, an NFT-cryptocurrency hybrid, has already generated $87M in trades.
Thanks for reading, and be sure to catch the 182nd issue of The Defiprime Post out this time next week! 👋♦️👋
