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Can Treasury-linked stablecoins bring stability to DeFi?

[Nov 19 2:16 PM] Flare Network’s USDX stablecoin introduces Treasury yields to DeFi, challenging established players like USDC in terms of economic utility.

Flare Network Integrates Polyhedra’s ZK Bridge for Enhanced Cross-Chain Security

[Aug 27 9:10 PM] Flare Network has integrated with Polyhedra’s ZK Bridge, allowing developers to build secure cross-chain applications. This collaboration leverages Layerzero’s interoperability while benefiting from the robust security of zero-knowledge proofs…

LayerZero Bounces Amid Market Retrace, ZRO Soars 20%

[Jul 6 12:00 AM] LayerZero (ZRO) has become one of the first altcoins to bounce amid the market retrace. The token has registered green numbers despite its controversial token airdrop last month.  As a result, investors and market watchers remain bullish on ZRO’s…

Hex Trust to Launch USDX Stablecoin on Flare, Offering Real-World Yield

[May 21 10:50 AM] On May 21, 2024, Hex Trust Group announced the introduction of a native stablecoin, USDX, for the Flare network. Hex Trust also revealed that a Clearpool vault, enabling holders to earn a real-world yield, will debut alongside USDX. Hex…

Hex Trust Issues First Native Stablecoin on Layer-1 Blockchain Flare

[May 21 3:00 AM] Hex Trust Group has issued USDX, the first native stablecoin on layer-1 blockchain Flare, according to a press release.

Layer-1 Network Flare Raises $35M From Kenetic, Aves Lair

[Feb 23 9:00 AM] Flare blockchain has raised $35 million in a private round that included investment from Kinetic, Aves Lair and others, according to a press release.

Google Cloud Joins Flare Network Causing FLR Jump

[Jan 16 11:00 PM] Google Cloud enters the blockchain infrastructure industry by joining Flare as a network validator and infrastructure provider, causing Flare’s token FLR to jump in price. Flare Network Welcomes Google Cloud, FLR token surges Google Cloud has…

Google Cloud Joins Flare Network as Validator, FLR Jumps 5%

[Jan 15 7:00 AM] Flare, which calls itself "the blockchain for data," gives developers access to decentralized data via its Oracle system..

2023’s Crypto Gainers: Decentraland’s MANA Token Outperforms Bitcoin With 88% Increase in One Week

[Jan 17, 2023 9:00 AM] The cryptocurrency economy is doing well during the third week of the new year, compared to the end of 2022. It is currently valued at $993.17 billion, as many digital assets have seen double-digit gains during the last two weeks. While some of the…

Integrating Decentralized Cross-Chain Communication Makes Bridges ‘Substantially Safer’ — Flare Networks CEO

[Jan 2, 2023 1:00 AM] Although they grabbed less media attention than the collapse of centralized organizations, the so-called bridge exploit incidents in 2022 again proved that the decentralized finance (defi) ecosystem still lacks sufficiently secure solutions, Hugo…