Binance Integrates Frax’s Fraxtal Network and Upgrade Frax Shares (FXS) to FRAX Ecosystem Token, Supporting Frax’s Role as ...
"ATW and BitGo are showing how modern financial institutions use stablecoins," said Sam Kazemian, Founder of Frax. "With frxUSD and FraxNet, institutions can mint, redeem, and earn platform rewards ...
Stablecoins are having their “boring is beautiful” moment. While the headlines bounce between memes, ETF flows, and the ...
Decentralized stablecoin issuer Frax Finance has entered the ether liquid staking war with a unique two-token model that supposedly allows users to earn above-average staking yields. Called Frax Ether ...
Frax’s singularity roadmap sets a target of $100 billion in TVL for its layer 2 Fraxtal and plans to launch 23 new layer 3s. The proposal calls for reviving the few switch mechanisms to boost ...
The Frax community recently approved a proposal to make its FRAX stablecoin fully backed by U.S. dollar equivalents rather than maintaining a partially backed, semi-algorithmic stablecoin. With Frax’s ...
Frax Finance’s X account was hacked on June 1 without a password breach, leading CEO Sam Kazemian to suspect insider involvement. A hacker allegedly gained control of crypto lending platform Frax ...
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