The Kuma Protocol, a decentralized finance (DeFi) platform, has officially launched on the Telos blockchain network. Mimo Labs, a prominent contributor to the Kuma Protocol and Parallel Money protocol, announced the deployment of Kuma on the Telos mainnet. This integration aims to provide users with access to innovative DeFi services and foster further development within the Telos ecosystem.
The @KumaProtocol is officially live on @HelloTelos!
馃實 The KUMA Protocol is now deployed on @HelloTelos! Diving into the future of Real-World Assets tokenization with: 鈿★笍 Lightning-fast transactions 馃捀 Low costs 馃敆 Ethereum compatibility Launching with $USK, backed by US Treasury Bills.
Proof of Talk 2025 Conference Concludes in Paris

The Proof of Talk 2025 conference concluded successfully at the Louvre Palace in Paris. The two-day event brought together financial leaders, institutions, and founders focused on developing the next generation of decentralized finance. Key highlights: - Venue: Historic Louvre Palace - Duration: June 10-11, 2025 - Focus: Future of DeFi and financial innovation - Participants: Industry leaders and institutional representatives The conference featured discussions on DeFi developments and the evolving financial landscape, with Mimo Labs among the participating organizations.
Mimo Labs Reports Strong Reception at Philippine Blockchain Week

Mimo Labs recently participated in Philippine Blockchain Week, focusing on DeFi infrastructure and compliance initiatives. Key highlights: - Growing market readiness for on-chain finance in Southeast Asia - Discussions centered on DeFi infrastructure development - Special attention to stablecoin frameworks and RWA integration The event confirmed increasing traction in Southeast Asian markets, with Manila emerging as a key hub for blockchain innovation. Mimo Labs indicates they are incorporating market feedback into their development roadmap.
Parallel Money Announces 6-Month Growth Initiative with Cooper Labs
Parallel Money has partnered with Cooper Labs for a strategic 6-month marketing and growth initiative. This collaboration follows Cooper Labs' recent report highlighting several key developments: - MIMO Token Upgrade implementation - New tokenomics framework - Security audits in progress - Frontend user experience improvements The partnership aims to accelerate adoption and expand market presence through targeted growth strategies.
Cooper Labs Initiates Key Milestones for V3 Launch
Cooper Labs has set significant developments in motion with major proposals now live. The initiatives include: - Potential V3 launch pending proposal approval - 6-month marketing and growth campaign for Parallel Money - Strategic partnership with Cooper Labs Marketing efforts have already begun to support these developments. The proposals represent a crucial step forward in the protocol's evolution.
PAR Protocol Updates DVN Configuration and Launches New Era
The Parallel Protocol is implementing significant infrastructure updates and rebranding initiatives: - DVN Configuration Update: The PAR bridging module will receive an enhanced Decentralized Validator Network setup, strengthening cross-chain operations - Protocol Evolution: * Introduction of new governance token * Implementation of revised tokenomics model * Launch of refreshed visual identity These changes mark a strategic evolution in the protocol's architecture and governance structure. The DVN update specifically targets improved reliability in cross-chain transactions.