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Image depicting Brazil's CBDC Drex and the integration of DeFi.
Brazil

Brazil Integrates DeFi in Synthetic CBDC Development: Insights on Drex

Brazil is innovatively incorporating decentralized finance (DeFi) into the development of its synthetic CBDC, Drex, as announced by Central Bank Governor Roberto Campos Neto. This initiative aims t...

AirDAOCoinRabbit launches AirDAO services for enhanced DeFi access.

CoinRabbit Launches AirDAO Services for Enhanced DeFi Access

On October 5, CoinRabbit announced the launch of AirDAO (AMB), allowing users to engage in lending and trading on its platform. AirDAO aims to connect financial products with Web3 users, focusing o...

cryptocurrencyTraders analyzing Ether price movements ahead of the US presidential election.

Traders Brace for Ether Price Volatility Ahead of US Election

Traders are expecting significant price fluctuations for Ether (ETH) amid the upcoming US presidential election on Nov. 5. With a projected forward volatility spike, ETH could swing widely, impacti...

AaveAave Community Voting on Adding wstETH to BNB Chain

Aave Community Votes to Add wstETH to BNB Chain Aave V3

On October 4, Aave community voted on an ARFC proposal to integrate wstETH into Aave v3 on the BNB Chain. Voting ends on October 5, 2023. This addition aims to enhance liquidity and yield farming o...

blockchainPancakeSwap announcement on DeFiEdge treasury maintenance change

PancakeSwap to Stop DeFiEdge Treasury Maintenance by October 2024

PancakeSwap has decided to cease maintenance of DeFiEdge treasury positions starting October 10, 2024. Users should withdraw their funds before this date to prevent any issues, as the treasury will...

BlockchainImage illustrating Brazil's integration of DeFi in its CBDC development.

Brazil Integrates DeFi into Synthetic CBDC Development for Economic Innovation

Brazil is advancing its synthetic CBDC, Drex, by incorporating decentralized finance (DeFi) to tackle decentralization, privacy, and programmability challenges. This innovative approach was highlig...