DeFi


Tech

DeFi Project Friktion’s Shutdown Said to Stem Partly From Founder Disagreement

The official reason given by Friktion officials for the shutdown was that costs outpaced revenue, creating challenging economics for the Solana-based project.

There was friction between the founders at Friktion. (DALL-E)

Tech

Fantom Blockchain to Release Version 2 of fUSD Stablecoin

The migration from version 1 will result in liquidations of any positions where fUSD debt is equal to or greater than the FTM backing it.

(EyeEm/Getty Images)

Markets

Floki Inu DAO Passes Proposal to Burn Over $100M Worth of Tokens

FLOKI's price has rallied more than 100% in the past week.

Portrait Of Shiba Inu Dogs Traveling In Car (Getty Images)