Tag: Crypto

Lido DAO Votes On Contingent 7.5M LDO Market-Making Mandate

TL;DR Lido governance is considering a contingent centralized-exchange liquidity mandate. The authorization is capped at 7.5 million LDO and $480,000 USDC. Funds would only be deployed if LDO liquidity deteriorates enough to justify intervention. Lido DAO is considering giving itself a liquidity backstop for LDO trading on centralized exchanges....
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XRP Treasury Giant Evernorth Raises $30 Million – But There’s a Catch

The latest SEC filing from the XRP-focused treasury company reveals that the funds will come through convertible senior notes tied directly to the closing of the business combination with Armada Acquisition Corp. II. It also reads that Evernorth has entered into a note purchase agreement on September 11 with...
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Aave Proposal Brings Anchorage-Custodied Bitcoin Into V4 Lending Model

TL;DR Aave Labs has proposed a V4 market built around institutionally custodied collateral. Bitcoin would remain with Anchorage while an on-chain receipt represents the collateral. Chainlink infrastructure would keep custody data synchronized with Aave. Aave Labs is exploring a lending structure that would let institutions borrow on-chain without first...
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Anthropic, OpenAI, Google collaborate on AI safety standards

The collaboration could reshape AI industry dynamics, enhancing safety protocols and potentially altering competitive standings among tech giants. The post Anthropic, OpenAI, Google collaborate on AI safety standards appeared first on Crypto Briefing....
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XRPL Releases xrpld v3.4.0 With New Lending Amendment

TL;DR XRP Ledger server software xrpld v3.4.0 is now available. The release introduces LendingProtocolV1_1. New lending features still require amendment approval before becoming active on-chain. The XRP Ledger has a new server release, and lending is one of the main things developers are preparing for. Version 3.4.0 of xrpld,...
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