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The information appeared just 1 day after FTX sued Sam-Bankman-Fried's parents. The lawsuit said Stanford University received more than $5.5 million in donations from FTX through Mr. Joseph Bankman, a longtime lecturer at Stanford and father of former FTX CEO Sam Bankman-Fried.

Thanks to that, Stargate Finance builds a cross-chain network, connecting these blockchains together and allowing users to swap native assets on different chains with just one transaction on Stargate Finance.

After a period of investigation, the community believes that the person behind the above transaction may be Nima Capital investment fund.

Currently, if using Fixed Yield, users can receive an annual interest rate of up to 3.74% with sDAI or 3.4% with fUSDC. The protocol also accepts other staked tokens such as sfrxETH from Frax Protocol, Lido's stETH or Swell's swETH.

Explaining the above inconvenience, the team said that because the network supports the Account Abstraction mechanism natively, the network launched at a period when infrastructure standards were not yet complete, due to That requires specific update requirements for users to migrate to the new version.

Initially, Robinhood Wallet only supported Polygon and Ethereum networks and COMP, MATIC, SHIB, SOL, UNI and USDC stablecoins. Since March this year, Robinhood announced product expansion to the Arbitrum and Optimism blockchains