USDH News
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2024
Sep / 06- Zest Protocol Introduces BTCz Token to Increase Attention on Decentralized Finance (DeFi) in the Bitcoin Ecosystem
- Sep 06, 2024 at 08:48 am
- Bitcoin holders can now earn staking rewards with the BTCz token through the Babylon Protocol.
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2024
Jul / 17- Hermetica Launches USDh, a Dollar-Pegged Asset Native to Bitcoin
- Jul 17, 2024 at 08:05 pm
- The project touts USDh as the “first Bitcoin-backed, yield-bearing synthetic dollar outside the fiat system.”
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2024
Jun / 08- Bitcoin Cash (BCH) and DTX Exchange (DTX) Show Bullish Momentum Amid Market Correction
- Jun 08, 2024 at 05:48 pm
- Bitcoin Cash has been showing good bullish momentum for quite some time. While the whole market is in correction mode, it has maintained its strength.
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2024
May / 17- Sei V2: A Revolutionary Upgrade that Introduces the First Production-Ready Parallelized EVM
- May 17, 2024 at 10:00 am
- Sei V2 pioneers a high-performing parallelized EVM in production, revolutionizing blockchain technology. Its phased launch mitigates risk, optimizes performance, and aligns expectations for EVM projects. This upgrade empowers the Sei ecosystem, unlocking new functionality and benefits for users and operators alike.
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2024
May / 16- Binance Labs Invests in Zest Protocol to Enhance Bitcoin Lending
- May 16, 2024 at 06:00 am
- Binance Labs, the venture capital arm of Binance, has invested in Zest Protocol, an on-chain bitcoin lending infrastructure. Zest Protocol enables transparent lending and borrowing of BTC with native yields, disrupting traditional lending by eliminating centralized entities and leveraging blockchain upgrades.
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2024
May / 11- DeFi Weekly: Solana's Fee Surge, FCA's Crypto Approach, and Market Dive
- May 11, 2024 at 03:26 am
- Welcome to Finance Redefined, your weekly source of essential decentralized finance (DeFi) insights. This week, Solana continues its momentum and may surpass Ethereum in transaction fees. The UK's FCA is harmonizing TradFi and DeFi regulations, while a trader lost millions due to the 0L Network hard fork.
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2024
May / 08- FTX's Revised Repayment Plan Sparks Outrage: Exculpatory Clause Fuels Anger and Distrust
- May 08, 2024 at 05:02 pm
- FTX's amended repayment proposal, released on May 7th, includes an exculpatory clause that could absolve law firm Sullivan & Cromwell (S&C) of liability. Despite FTX debtors promising "billions in compensation," creditors are unhappy with the clause, particularly due to S&C's alleged involvement in FTX's fraud and its past role in FTX deals. The controversial clause may prompt creditors to vote against the plan, as expressed by prominent FTX creditors Sunil and Rob.
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2024
May / 07- Hermetica Unveils Groundbreaking BTC-Backed Synthetic Dollar, Transforming Bitcoin DeFi
- May 07, 2024 at 02:44 am
- Hermetica has introduced the first BTC-backed synthetic US dollar (USDh) with yield-generating capabilities, set to debut in June. This innovation marks a significant paradigm shift in Bitcoin DeFi (BTCFi), allowing Bitcoin holders to retain and earn yields on their US dollar holdings without relying on traditional banking systems or non-Bitcoin-related assets. The introduction of USDh is a watershed moment in the evolution of BTCFi, improving liquidity and opening up new use cases within the ecosystem.
- Hermetica Unveils USDh: Bitcoin-Backed Synthetic Dollar Set to Shake Up DeFi
- May 07, 2024 at 02:09 am
- Hermetica, a decentralized finance (DeFi) protocol revolutionizing the crypto landscape, introduces USDh, the first Bitcoin-backed synthetic dollar offering up to 25% yield. Backed by Two Prime, Hermetica empowers Bitcoin holders to interact with dollars while leveraging Bitcoin's security. With a team of industry veterans and institutional support, Hermetica is poised to disrupt the market and redefine how users engage with digital assets in a secure and decentralized manner.
- Hermetica Debuts USDh, the First-Ever Bitcoin-Backed Stablecoin
- May 07, 2024 at 01:47 am
- Hermetica introduces USDh, the first Bitcoin (BTC)-backed stablecoin, launching on the Bitcoin mainnet next month. The asset offers holders and users in DeFi protocols up to 25% yield, enabling Bitcoiners to hold USD within the Bitcoin ecosystem without resorting to fiat off-ramps. USDh, backed by the security of the Bitcoin blockchain, is set to revolutionize the DeFi space, allowing diversification within the Bitcoin ecosystem.
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Communtity feeds
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- BINANCE SPOT AND FUTURES SIGNALS Sep 23, 2024 at 04:21 pm
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- CRYPT 38™️ Sep 23, 2024 at 04:15 pm
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- Monsteraco Sep 23, 2024 at 04:09 pm
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- $SHIB KNIGHT Sep 23, 2024 at 04:01 pm
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