Aster Deepens WLFI Partnership With USD1 Perpetual Markets

The perpetuals exchange is promoting WLFI’s stablecoin as a trading asset ahead of the Aster Chain Layer 1 launch. Aster, the decentralized perpetuals exchange backed by YZi Labs, is expanding its collaboration with World Liberty Financial, the DeFi project affiliated with the Trump family, adding USD1-denominated perpetual contracts and an incentive program aimed at bootstrapping…

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Algorand Foundation cuts 25% of workforce amid crypto market downturn: Algorand Foundation

The Algorand Foundation has laid off a quarter of its staff, citing macroeconomic uncertainty and depressed crypto prices as conditions worsen across the industry. The Algorand Foundation has cut 25% of its workforce due to macroeconomic uncertainty and lower cryptocurrency prices. The layoff at the organization behind the layer-1 Algorand blockchain reflects broader challenges facing…

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