Crypto

aave v4s umbrella proposal the dao absorbs the first losses before underwriters do Before a single volunteer underwriter takes a hit, Aave's DAO would swallow the first 33 ETH of bad debt on Core WETH. That's the line in TokenLogic's Sept. 11 Umbrella proposal that deserves a second read, because it flips the usual pecking order of who absorbs the damage when a liquidation goes wrong.

Aave V4’s Umbrella proposal: the DAO absorbs the first losses before underwriters do

Kraken’s Ink rollup finally gets a front door on Uniswap

arbitrum launches 115k buildathon reserving a podium spot for robinhood chain builders In Brief:

Arbitrum launches $115K Buildathon, reserving a podium spot for Robinhood Chain builders

coinbase wires community banks into stablecoins and owns the rails underneath A small-town business reaching a stablecoin rail now has three parties standing in the path. The customer relationship belongs to the bank or credit union. The payments-platform link comes from Moov. Custody and movement components come from Coinbase, per its announcement. To the customer, it all looks like a single bank-branded product.

Coinbase Wires Community Banks Into Stablecoins — And Owns the Rails Underneath

dogecoins cheapest etf is closing bitwise pulls the plug after pricier rivals won Bitwise offered the lowest-cost Dogecoin ETF available anywhere. Around $700,000 found its way in. On balance, more money walked out the door than ever arrived.

Dogecoin’s Cheapest ETF Is Closing — Bitwise Pulls the Plug After Pricier Rivals Won

from auditor to block producer certik joins onechains validator set In Brief:

From auditor to block producer: CertiK joins ONEchain’s validator set

tether bets on private credit with fasanara as 3 trillion market shows record defaults Tether has stepped into private credit just as the incumbents in that market are nursing a rough quarter.

Tether Bets on Private Credit With Fasanara as $3 Trillion Market Shows Record Defaults

won backed stablecoins could shave up to 3 8 billion a year off south korean merchant fees parliaments budget office estimates The figure worth pausing on in the National Assembly Budget Office's analysis of South Korea isn't the top-line savings number at all. It's how wide the range is.

Won-backed stablecoins could shave up to $3.8 billion a year off South Korean merchant fees, parliament’s budget office estimates

won stablecoins could trim up to 3 8 billion from korean merchants payment bills but the floor is far lower Won-denominated stablecoins could shave somewhere between 370 billion won ($275 million) and 5.15 trillion won off what South Korean merchants pay in annual payment fees each year, according to the National Assembly Budget Office. That is the conclusion. The real story sits in the distance between those two figures.

Won stablecoins could trim up to $3.8 billion from Korean merchants’ payment bills — but the floor is far lower

nike stock arrives on chain tokenized shares debut on solana through sunrise In Brief:

Nike Stock Arrives On-Chain: Tokenized Shares Debut on Solana Through Sunrise