Mountain Protocol partners with El Dorado to offer yield-generating stablecoin products for Latin American customers with up to 4.5% APY.
Cardano (ADA) experienced significant declines in Q2 2024, including a 39.7% price drop and a market cap decrease to $14 billion. Key metrics like transaction fees, daily transactions, and active addresses also fell substantially. Despite these setbacks, Cardano's treasury balance grew, and new stablecoins emerged, showing ongoing ecosystem development.
Cardano's Charles Hoskinson offers a $1 million bounty to anyone who can hack the secure Lace Paper Wallet. The challenge, open until the end of 2024, aims to validate the wallet's security before a public release.
Injective integrates Mountain Protocol, offering USDM stablecoin as collateral for derivatives.
Mountain Protocol raises $8 million to introduce the USDM stablecoin to Solana and real-world businesses, with backing from Castle Island and Coinbase Ventures.
