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A Bitquery investigation found nearly 1 million net new addresses matching scam patterns while USDT0 supply and meaningful holdings declined sharply. Polygon's surging USDT0 holder count masks shrinking balances and suspected scam activity amid its broader push into stablecoin.
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Soda Labs develops confidential-computing technology for banks, institutions, DeFi platforms and real-world asset applications. Soda Labs, which builds privacy infrastructure for institutions, banks and DeFi applications, has secured $3 million from Luxembourg-based venture.
Paxos's Global Dollar is building a foothold on Arbitrum as DeFi integrations go live and an ArbitrumDAO incentive proposal sits on the table Paxos’s Global Dollar stablecoin, USDG, just had a busy day on Arbitrum One. Its market cap on the network rose by $10.2 million over.
The Arbitrum-based layer-2 now lets users swap Ethereum-native tokens and USDG across more than 30 chains without conventional bridging Robinhood Chain just got a lot more connected. The Ethereum layer-2 network now lets users swap Ethereum-native tokens and the USDG stablecoin.
The integration means applications already using Enso can add xStocks on Arbitrum without developing new routing or aggregation infrastructure. Enso has integrated xStocks with Arbitrum, giving wallets, fintechs and trading platforms a way to add tokenized equity access without.
Abstract’s shutdown adds to evidence that liquidity and distribution, rather than cheap execution, are determining which rollups survive. Abstract will shut down on Dec. 15 despite onboarding more than 400,000 users, hosting 144 apps, and landing brands including Disney and Red.
