ChainCatcher news, according to official information, MEXC officially launched the Babylon community exclusive program on April 8, 2025, at 18:00 (UTC+8), introducing the BTC Savings exclusive event, with an APY of up to 99% for new users. The event will end on May 9, 2025, at 18:00 (UTC+8).It is reported that MEXC will soon launch Babylon (BABY) in the innovation zone after meeting liquidity requirements and will open the BABY/USDT trading market. Previously, to celebrate the launch of BABY, MEXC has already launched the Babylon Airdrop+ event, with a total prize pool of 150,000 USDT. The event is currently ongoing and will end on April 24, 2025, at 18:00 (UTC+8).

ChainCatcher news, according to the official announcement, Sky Governance has approved to lower the Sky savings interest rate to 4.5%, scheduled to be implemented on March 24 at 22:00 (UTC+8).

ChainCatcher news, Aave founder Stani Kulechov stated that Aave is proposing to create a sGHO savings product by introducing the Aave Savings Rate (ASR). sGHO is a new low-risk savings product designed to earn GHO yields based on the native AAVE loan interest rates and a portion of the incentive rates derived from GHO borrowing income. There are no withdrawal or deposit fees.Stani Kulechov said, "I expect sGHO will increase the circulation of GHO to 300-500 million. To make a comparison from a revenue perspective: every 100 million GHO brings in revenue equivalent to 1 billion USDC for the Aave DAO. sGHO will introduce a fundamental on-chain savings rate product for Aave users, which is a great entry product for new on-chain users."

ChainCatcher news, Musk harshly criticized Meme coins in the latest episode of the Joe Rogan Experience podcast, calling them something akin to a "casino," and warned market participants not to invest their life savings into Meme coins.Meanwhile, Musk also talked about Dogecoin, adding that Dogecoin initially started as a Meme coin but is more like a joke cryptocurrency involving memes and dogs. Joe Rogan believed that the Meme coin craze is too crazy, especially with people putting real money into it.

ChainCatcher news, Tether's investment video-sharing platform Rumble Chairman and CEO Chris Pavlovski recently confirmed that Rumble Wallet is about to launch. This is a massive internal project that creates a new way for creators to transact. Creators can receive tips and subscription fees instantly in Rumble Wallet via BTC or USDT.Tether CEO Paolo Ardoino commented, "One cool feature of Rumble Wallet is the use of AI agents/assistants to help manage payments, suggest Bitcoin savings strategies based on past activities, and tip the most popular creators."

ChainCatcher news, the decentralized cross-chain liquidity protocol THORChain announced this morning the implementation of a 90-day network restructuring plan. Node operators have suspended THORFi lending and savings redemption functions, but core functionalities such as Swap transactions, liquidity provision (LP) operations, and RUNE transfers remain operational.The project team stated that during the restructuring period, the focus will be on community proposals to achieve a reasonable restructuring of liabilities. Node operators plan to meet with proposal authors early next week to discuss specific solutions. Relevant proposals have been submitted on the THORChain developer community Discord, and the project team emphasizes that they will ensure the comprehensiveness and feasibility of the solutions through open dialogue.

ChainCatcher message, X user TCB posted that the THORChain network is still running, and its performance meets expectations, only the savings and loan functions have been suspended.

According to ChainCatcher news reported by Cointelegraph, the world's largest stablecoin Tether USDT accounts for 85% of the crypto deposits on the Brighty platform, making it the most widely used currency for payroll payments and savings.In B2C savings, Tether USDT accounts for 33%, second only to the euro. In contrast, USDC and Bitcoin each account for only 5% of the crypto deposits on the Brighty platform.Additionally, the Tron-based TRC-20 USDT, due to lower transaction fees, accounts for over 60% of the overall USDT transactions on the platform.

ChainCatcher news, according to Cryptonews, Bitcoin savings application developer BitDCA announced the completion of a $2 million Pre-Seed funding round, with investor information not yet disclosed. The new funds are intended to support the development of a Bitcoin savings application called "Littlebit."

ChainCatcher message, DeFi protocol Sky (formerly MakerDAO) tweeted that after executing the vote for approval, the following parameter changes will take effect on December 9 at 5:24 AM Beijing time. This includes an update to the savings rates: the Sky Savings Rate (SSR) will increase to 12.5%, and the DAI Savings Rate (DSR) will increase to 11.5%. Updates to the Stability Fee parameters: ETH-A will increase to 12.75%, ETH-B will increase to 13.25%, ETH-C will increase to 12.5%; WSTETH-A will increase to 13.75%, WSTETH-B will increase to 13.5%; WBTC-A will increase to 16.25%, WBTC-B will increase to 16.75%, WBTC-C will increase to 16%.

ChainCatcher message, Sky announced on the X platform that the execution voting has now started. If passed, the proposed changes to the Sky protocol will take effect 30 hours after approval by the Sky ecosystem governance committee. The impact on users is as follows:Changes in Savings RatesSky Savings Rate (SSR) will increase to 12.5%, Dai Savings Rate (DSR) will increase to 11.5%.Stable Fee Parameter UpdatesETH stable fees will increase: ETH-A will increase to 12.75%, ETH-B will increase to 13.25%, ETH-C will increase to 12.5%.WSTETH stable fees will increase: WSTETH-A will increase to 13.75%, WSTETH-B will increase to 13.5%.WBTC stable fees will increase: WBTC-A will increase to 16.25%, WBTC-B will increase to 16.75%, WBTC-C will increase to 16%.

ChainCatcher message, Bitcoin supporter and Stanford University math PhD Fred Krueger posted on X: "My advice to the younger generation is to focus all your energy on artificial intelligence. Invest all your savings in Bitcoin." In response, MicroStrategy founder Michael Saylor said, "That's a good suggestion."

ChainCatcher news, Lista DAO has released a proposal titled "Proposal to Introduce a Pegged Stability Module Utilizing lisUSD Savings Rate". The current voting approval rate is 100%, and the voting will end on November 25.The proposal includes the introduction of a Pegged Stability Module (PSM) and a lisUSD Savings Rate (LSR) to enhance the price stability of lisUSD and provide users with deposit returns. Initially, the PSM will support USDT, with a total quota of 5 million lisUSD, and will gradually increase support for FDUSD and USDC in the future, with a maximum limit of 15 million lisUSD. The initial interest rate of the LSR is pegged to a fixed spread of 1% below the borrowing rate of lisUSD against BNB and will be dynamically adjusted based on market demand. Additionally, a 2% fee will be charged for converting lisUSD to USDT, while converting USDT to lisUSD will be fee-free.

ChainCatcher news, according to official sources, CurveDAO has announced the launch of Savings crvUSD (scrvUSD), which is a yield version of its stablecoin, allowing users to earn "low-risk" automatic compounding on their crvUSD deposits.

ChainCatcher message, CurveDAO has launched Savings crvUSD (scrvUSD), which is developed in collaboration with Yearn Finance and utilizes Yearn's customized V3 Vaults to provide users with yield and interest on stablecoins.As an interest-bearing stablecoin, scrvUSD offers low-risk returns from a portion of the interest paid by crvUSD minters. This yield is managed on-chain by CurveDAO, which effectively acts as a decentralized on-chain central bank, providing "low-risk" returns. User funds in the scrvUSD module are not re-collateralized, and all collateral remains fully on-chain.

ChainCatcher news, the Palau government has launched Palau Invest, a "blockchain-based savings bond prototype system." With the prototype completed, a public demonstration system has also been initiated. The Ministry of Economy, Trade and Industry of Japan and Soramitsu Blockchain are providing support, and the project aims to fund the country's infrastructure projects.The Ministry of Finance must finalize the bond issuance standards and obtain government approval. Approximately 18,000 Palauan citizens will be able to purchase bonds from the Ministry of Finance through an application on their mobile phones.Palau President Surangel Whipps Jr. stated at the launch ceremony, "The savings bond program allows us to fund critical projects with domestic resources, such as housing, small and medium-sized enterprise development, roads, and other essential services. These projects are not only vital for infrastructure but also have spillover effects."

ChainCatcher news, on the X platform, on-chain detective ZachXBT disclosed that he successfully assisted an elderly victim from the United States in recovering $275,000 in stolen funds. This case originated in April 2024, when the victim fell prey to an Indian phone scam gang impersonating Coinbase customer support, resulting in the theft of most of their savings.ZachXBT stated that the recovered funds have been seized by law enforcement and will be returned to the victim. During the investigation, ZachXBT discovered that the scam gang's activities extended far beyond this case. He pointed out, "I found that this gang had stolen over $5 million from other victims. These funds were transferred from Ethereum and Bitcoin to the Tron network through centralized exchanges, and then sent to over-the-counter (OTC) traders in the form of stablecoins."

ChainCatcher news, according to Bitcoin News on the X platform, U.S. Senator Cynthia Lummis stated that Trump "sees the potential of Bitcoin as a savings technology."

ChainCatcher news, Galxe announced on social media that it has launched the Smart Savings feature to expand the functionality and diversity of Smart Balance.It is reported that this upgrade will introduce seamless cross-chain transactions, full-chain yields, and instant liquidity.