BNB Chain and Arbitrum Welcome Balanced's Cross-Chain DEX and Loans
BNB Chain and Arbitrum users can now swap cross-chain assets and borrow against tokens on Balanced, through ICON's Cross-Chain Framework. Stay tuned as Network Owned Liquidity deepens and additional blockchain connections are introduced.
1/ Last week, our team members travelled to GM Vietnam, where they attended meetups and workshops, connecting with partners from @injective, @BNBCHAIN, @SuiNetwork and seeking new connections to further grow @BalancedDAO.
The ICON Network has begun acquiring $BTC as Network Owned Liquidity
Assets are currently acquired through @BalancedDAO's integrations with @arbitrum and @BNBCHAIN and unified in one cross-chain pool. Stay tuned for front-end launch!
Full announcement 👇 https://www.icon.foundation/blog/2024/icon-network-begins-acquiring-bitcoin-for-network-owned-liquidity
ICON Network begins acquiring Bitcoin for Network Owned Liquidity
The ICON Network has begun acquiring BTC assets (BTCB, wBTC) as Network Owned Liquidity. A unified cross-chain BTC/bnUSD pool is now established on Balanced, ICON’s cross-chain DEX and lending platform, with front end launch expected within the month.
📢 Yesterday, the U.S. District Court for the Northern District of California granted the ICON Foundation’s motion for summary judgment in its long-running legal dispute with Mark Shin.
Full announcement 👇 https://www.icon.foundation/blog/2024/us-district-court-rules-in-favor-of-icon-foundation-in-legal-dispute
U.S. District Court Rules in Favor of ICON Foundation in Legal Dispute with Mark Shin
U.S. District Court for the Northern District of California granted the ICON Foundation’s motion for summary judgment in its long-running legal dispute with Mark Shin.
In May, we improved on network stability, saw the launch of @BalancedDAO to @avax, and progressed with integration tests - advancing our connection with @SuiNetwork 🌐
Read the full article below 🔽 $ICX https://www.icon.foundation/blog/2024/may-2024-improving-stability-as-balanced-launches-on-avalanche