DeFi Weekly News: July 19th ~25th
The ₿ Word | Live with Cathie Wood, Jack Dorsey, & Elon Musk / Andre Cronje’s new project — Fixed Forex /MakerDao Moves to Full Decentralization / Bitcoin has arrived at the “Buy” Zone? / Uniswap cited “evolving regulatory landscape”
The ₿ Word activities has seen the support from Elon Musk, Jack Jorsey, etc. and due to their support, Bitcoin price is bounching back to the near $40K level. On top of this, we are seeing a lot more exciting developments in the DeFi world as well, which is why our editor has promoted the Nasduck Index to a hot 4.0.
Highlights of the Week
- Andre Cronje has published a blog post detailing his new DeFi project, Iron Bank Fixed Forex, governed by veIBFF token holders.
- Fixed Forex lets users mint and exchange various fiat-pegged stablecoins by providing collateral on the Iron Bank.
- Exchange rates are stablized via integrations with Curve Finance, SushiSwap, and DODO.
The Maker Foundation has announced it is turning over operations entirely to its decentralized autonomous organization (DAO), MakerDAO, as founder Rune Christensen has long promised.
4. Bitcoin has entered the Buy Zone
Uniswap Labs is restricting access to some tokens, including tokenized stocks and derivatives on the protocol interface that it supports, the software development studio said in a blog posting Friday.
Quote of the Week:
From Uniswap Founder Hayden Adams：
From Yearn Founder Andre Cronje:
From ETH Hub Cofounder Anthony Sassano: