DEFI
Decentralized Finance, DeFi as a concept is to be able to offer almost all the financial services available with legacy and centralized institutions, typically banks, but on the blockchain. Whatever traditional services financial institutions provide can be expected to be offered through DeFi. In short, Defi is blockchain-based financial services that traditional financial services map into, creating new services or derivatives stemming from blockchain's unique features. Although we have had concepts like distributed computing and decentralized computing for decades, DeFi is in fact a new concept and an expansion of the application scope of blockchain as infrastructure.
Stellar (XLM) Unveils Soroban: A Developer-Focused Smart Contract Platform
Stellar (XLM) introduces Soroban, a smart contract platform emphasizing performance, sustainability, and security for scalable DeFi applications.
Taiko Launches DeFi Challenge in Trailblazers Campaign
Taiko's Trailblazers campaign introduces the Trail 4 challenge, encouraging participants to engage with DeFi protocols and earn the Master Faction Badge.
Tezos Foundation Awards Grants to Innovative Projects Across DeFi and Gaming
Tezos Foundation announces grants for projects in DeFi, gaming, and more for May and June 2024, enhancing its blockchain ecosystem.
Manta Foundation Allocates Treasury to wUSDM, Backed by BlackRock’s BUIDL Fund
Manta Foundation strategically allocates its stable crypto assets to wUSDM, supported by BlackRock's BUIDL Fund, enhancing financial security within the Manta Network ecosystem.
Brian Pak Sheds Light on Web3 Security Challenges and Innovations
Brian Pak of ChainLight discusses combating Web3 hacks and DeFi exploits, and the role of law enforcement in securing the crypto ecosystem.
OKX Ventures Invests in Lombard to Enhance Bitcoin (BTC) Restaking Ecosystem
OKX Ventures announces investment in Lombard to transform Bitcoin into a dynamic financial asset with LBTC, enhancing utility and liquidity.
Cronos (CRO) Unveils zkEVM Pioneer Program to Reward Active Community Participation
Cronos (CRO) launches zkEVM Pioneer Program, enabling users to earn points through quests, fostering community engagement and ecosystem growth.
Composability Labs Unveils Spark: A High-Speed Onchain CLOB Leveraging Polygon (MATIC) Miden
Composability Labs introduces Spark, an innovative central limit order book (CLOB) utilizing Polygon (MATIC) Miden's state-minimization features to enhance DeFi efficiency.
BNB Chain Welcomes New Projects in DeFi, AI, and Web3 Gaming
BNB Chain introduces new projects in DeFi, AI, and Web3 gaming from June 23 to June 30, enhancing its ecosystem.
Uniswap (UNI) v4 Hooks: EigenLayer Research Calls for AVS Proposals
EigenLayer Research invites proposals for Uniswap v4 Hooks, aiming to collaborate with innovative builders to enhance the decentralized finance ecosystem.
IOTA Grants $2.89 Million to 26 Projects in Latest Funding Round
IOTA Foundation announces $2.89 million in grants to 26 projects, focusing on DeFi, NFT marketplaces, SocialFi, and more.
BlackRock's BUIDL Fund Backs Manta Network's wUSDM via Mountain Protocol
Manta Network's on-chain yield-bearing stablecoin wUSDM is now backed by BlackRock's BUIDL Fund, enhancing security and yield potential.
Uniswap (UNI) Expands to Zora Network, Offering Enhanced User Experience
Uniswap (UNI) now supports Zora Network, providing users with lower gas fees and faster swaps. This integration is available on both the Uniswap interface and mobile app.
Hong Kong Monetary Authority Releases Reports on DeFi and Metaverse in Finance
The Hong Kong Monetary Authority has published reports on DeFi and the metaverse, analyzing their impact and regulatory landscape in the financial services industry.
Birdeye Integrates Real-Time Crypto Market Data on Sui Blockchain
Birdeye's APIs and WebSockets now support Sui blockchain, enabling integration of real-time crypto market data into DeFi applications.