
Damus mobile app banned in China
The Cyberspace Administration of China (CAC) claimed that the Damus app includes content that is illegal in China.
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DeFi is in a paradoxical position of being intensely distrusted after the events of 2022 while remaining foundational for future blockchain applications.

Friktion said it has disabled its frontend interface to prevent users from initiating new deposits.

The L1 blockchain has also seen an 18% surge in the last 24 hours

The fund aims to accelerate DeFi adoption by providing support to founders building within Injective and the Cosmos ecosystem.

TrueFi, Maple Finance, Goldfinch, and Centrifuge collected the third, fourth, seventh, and tenth largest sum in interest, respectively.

Bitcoin outperforming tech sector proves 'Blockchain’s resilience'