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Curve Finance deploys on Etherlink to expand Tezos DeFi reach

Curve Finance has officially launched on Etherlink, marking a major milestone in connecting Tezos with the wider Ethereum-compatible decentralized finance ecosystem.  Summary Curve Finance launched on Etherlink on Aug. 7, bringing stablecoin liquidity to Tezos’ Layer 2. The deployment is part of Etherlink’s $3M Apple Farm Season 2 rewards initiative. Etherlink continues growing post-mainnet with…

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Babylon unveils trustless BTC vaults for DeFi and staking

Babylon Labs has introduced a breakthrough in decentralized finance with the launch of trustless Bitcoin vaults. Summary Babylon launched trustless Bitcoin vaults on Aug. 6, enabling native BTC to interact with DeFi without bridges or custodians. Vaults use BitVM3 and zero-knowledge proofs to enforce smart contract logic while BTC remains on-chain. The feature expands BTC’s…

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MetaMask adds support for Sei

MetaMask has added native support for Sei in a strategic collaboration that will see users benefit from a new cross-chain swaps and asset bridge. Summary MetaMask Wallet has integrated Sei, enabling cross access to decentralized applications, games and tokens. Sei has seen notable ecosystem growth, with total value locked and daily transactions rising. Integration brings…

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Worldcoin under fresh scrutiny? China warns against crypto-for-iris trend

China’s national security agency is calling out the growing trend of projects collecting sensitive biometric data like iris scans in exchange for digital assets. Summary China’s national security agency has raised alarm over biometric data collection by Worldcoin-like projects. Worldcoin, co-founded by OpenAI CEO Sam Altman, has often faced scrutiny over the nature of its…

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$10m SEC settlement hits MyConstant founder over TerraUSD investment and misuse of funds

The United States Securities and Exchange Commission has finalized a settlement with the founder of MyConstant, ordering him to pay over $10 million in penalties and restitution for misusing investor funds and making false claims about his platform’s crypto lending services. Summary MyConstant founder Huynh Tran Quang Duy will pay over $10 million for misusing…

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Retail trap in the making?

MYX crypto rally is not stopping, registering a 1,500% gain in just two days. But can the rally continue? Summary MYX Finance rose 1500% percent in just a few days The project reached a market cap of $220M, joining the top 250 tokens Still, there are signals that a crash may come soon The MYX…

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