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Quick Take

• The borrowing and lending space in DeFi has been dominated by over-collateralized lending, but under-collateralized lending has been gaining traction over the past year.
• Maple Finance and TrueFi are currently the largest protocols in the space in terms of lender deposits and loans originated.
• Various protocols are being built to set the foundations of how under-collateralized loans are executed so that the sector can continue to expand from a position of strength.

Ethereum co-founder Vitalik Buterin commented that ZK-Rollups will dominate the Layer 2 space in the coming years.

The post ZK-Rollups likely to be main Layer 2 solution for Ethereum, says Vitalik Buterin appeared first on The Block.

The move is the agency’s second sanction of a mixing service, following action against Blender.io.

The post US Treasury sanctions cryptocurrency mixer Tornado Cash appeared first on The Block.

Galaxy Digital is looking at acquisitions to add new areas to its core businesses, and its CEO sees an opportunity in tokenization.

The post Galaxy Digital eyeing more M&A despite $554 million loss appeared first on The Block.

Retail investing app Robinhood announces the addition of two more cryptocurrencies, bringing the total number on the platform to 15.

The post Avalanche and Stellar Lumens tick upwards as they land on Robinhood appeared first on The Block.

MeebitsDAO general manager Danny Greene is stepping down from his role at the DAO for a position as brand lead for Meebits at Yuga Labs.

The post MeebitsDAO general manager to join Yuga Labs as Meebits brand lead appeared first on The Block.

An Ethereum proof-of-work fork brought on by the merge is likely to fail, according to Ethereum co-founder Vitalik Buterin.

The post Potential Ethereum proof-of-work fork unlikely to succeed, says Vitalik Buterin appeared first on The Block.

The digital asset-focused financial services firm said the wider loss was related to unrealized declines on digital assets and on investments in its trading and principal investments businesses.

The post Galaxy Digital’s $554 million loss triples from a year ago appeared first on The Block.

Tokens representing the proposed proof-of-work (POW) fork of Ethereum have made their way to Poloniex, MEXC and BitMEX.  

The post Three crypto exchanges are letting traders bet on tokens for anticipated Ethereum fork appeared first on The Block.

Crypto lending platform Hodlnaut has halted withdrawals in an apparent liquidity crisis as it works on a recovery plan.

The post Crypto lending platform Hodlnaut halts withdrawals and is working on a recovery plan appeared first on The Block.