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Blockchain.News Presents: State of DeFi Survey
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Blockchain.News Presents: State of DeFi Survey

Blockchain.News State of DeFi Survey

Decentralized Finance (DeFi)
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Decentralized Finance (DeFi)

DeFi stands for decentralized finance, which owns the blockchain advantages, thus removes trusted third parties and more. DeFi will have profound impact to traditional financial industries.

Has the DeFi Bubble Burst? Top DeFi Tokens Crash by 50%
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Has the DeFi Bubble Burst? Top DeFi Tokens Crash by 50%

The decentralized finance (DeFi) industry appears to be crashing, with DeFi tokens plummeting and dropping by 50% and more over the past seven days.

What is DeFi: The Ultimate Guide to Decentralized Finance Technology
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What is DeFi: The Ultimate Guide to Decentralized Finance Technology

The concept of decentralized finance (DeFi) has become so potent that it is difficult to separate the prospect of blockchain and crypto from the success or failure of DeFi as the ideal alternative to traditional financial systems. Owing to the importance of innovations classified as DeFi to the crypto economy, here are four fundamentals of DeFi.

DeFi was the Main Trigger of Bitcoin Flowing to Ethereum, ETH Price to Surge Even Higher
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DeFi was the Main Trigger of Bitcoin Flowing to Ethereum, ETH Price to Surge Even Higher

Currently, the DeFi sector’s total value locked (TVL) has surged above $16 billion, setting a new high for the ecosystem, according to DeFi Pulse.

Tether CTO: Moving DeFi forward in Asia
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Tether CTO: Moving DeFi forward in Asia

Paolo Ardoino, CTO of Tether gives his take on the Decentralized Finance DEFI Ecosystem in Asia standing on the cusp of a global digital banking revolution.

Tried and Failed: Maker Foundation's Attempt to Patent "DeFi"
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Tried and Failed: Maker Foundation's Attempt to Patent "DeFi"

Set out to rid the decentralized finance space, free from scammers, DeFi creators tried to patent the term ‘DeFi’. However, this was short-lived as the United States Patent and Trademark Office rejected the registered application last January.

3 Platforms Making DeFi More Inclusive
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3 Platforms Making DeFi More Inclusive

Decentralized finance (DeFi) is taking the world by storm. Owners of cryptocurrencies can unlock an alternative financial system that offers better rewards than traditional bank accounts and carries more risk. Several trends in the DeFi space are emerging lately, as are the new protocols trying to capitalize on this momentum.

Why Uniswap is the DeFi Catalyst for Many Projects
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Why Uniswap is the DeFi Catalyst for Many Projects

If there is one thing that has been made perfectly apparent in the last year, it’s that there is incredible demand for decentralized finance (DeFi) solutions. 

Tezos Integrates Harbinger Price Oracle As Network Prepares For DeFi
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Tezos Integrates Harbinger Price Oracle As Network Prepares For DeFi

Tezos is taking another step towards decentralized finance (DeFi) with a delegated price feed oracle called Harbinger.

Coinbase Lists DeFi Tokens AAVE, BNT, and SNX as Warning of US Crypto Wallet Regulation Looms
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Coinbase Lists DeFi Tokens AAVE, BNT, and SNX as Warning of US Crypto Wallet Regulation Looms

2020 has been all about the DeFi boom. Many crypto exchanges have welcomed the DeFi craze with open arms, notably Coinbase, with the addition of new coins.

Ethereum and DeFi Tokens Plummet Amid High Selling Pressure
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Ethereum and DeFi Tokens Plummet Amid High Selling Pressure

Popular DeFi tokens, including Yearn.finance (YFI), and Uniswap (UNI) have also witnessed strong corrections in the past few days.

US SEC Signs Contracts with Blockchain Analytics Firm Anchain.Ai to Monitor DeFi Sector
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US SEC Signs Contracts with Blockchain Analytics Firm Anchain.Ai to Monitor DeFi Sector

The US SEC has awarded contracts to monitor unwanted movements across the DeFi sector. The SEC has tapped Anchain.AI artificial intelligence and blockchain company to help the regulator to analyze and trace smart contracts with the technology.

Binance Completes 21st Quarterly BNB Burn With $548M BNB Destroyed
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Binance Completes 21st Quarterly BNB Burn With $548M BNB Destroyed

Following its quarterly burn, the Binance (BNB) Chain has successfully eliminated $548 million worth of BNB; however, the market remains unaffected.

Investors Flock to the DEX dYdx with its Token with Rising by 50% after the Clampdown from China
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Investors Flock to the DEX dYdx with its Token with Rising by 50% after the Clampdown from China

Since last Friday, the People's Bank of China began to crack down on cryptocurrency trading, a large number of Chinese traders seem to have turned their trading venues to dYdX- a decentralized leveraged trading exchange.

BIS to Explore Potential Advantages of Defi on Small & Medium Enterprises in H.K.
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BIS to Explore Potential Advantages of Defi on Small & Medium Enterprises in H.K.

As part of its research plans, the Bank for International Settlements (BIS) will explore if decentralized finance (DeFi) technologies can enhance financing for small and medium enterprises in Hong Kong.

B Squared Network Announces Seed Investments by HashKey Capital, OKX Ventures, IDG Capital
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B Squared Network Announces Seed Investments by HashKey Capital, OKX Ventures, IDG Capital

B² Network secures significant seed investments from top venture capitals for its innovative Bitcoin Layer 2 solutions, aiming to transform Bitcoin's utility and adoption in the crypto ecosystem.

UK Media Mogul Calls DeFi a Revolution Against Corrupt Global Banking System
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UK Media Mogul Calls DeFi a Revolution Against Corrupt Global Banking System

Alexander Lebedev, the billionaire UK media mogul and former banker has endorsed the revolutionary power of DeFi against a corrupt global banking system.

Uniswap’s Second UNI Airdrop Fails: Governance Proposal Defeated Again
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Uniswap’s Second UNI Airdrop Fails: Governance Proposal Defeated Again

The Uniswap community recently voted on its second-ever governance proposal, however, it has ended in defeat as less than 4 percent of UNI token holders voted.

Arbitrum One Achieves a Historic $10 Billion TVL Milestone
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Arbitrum One Achieves a Historic $10 Billion TVL Milestone

Arbitrum One's recent surge to a $10.22 billion TVL not only marks a major milestone for Ethereum Layer 2 networks but also highlights its growing acceptance and diverse asset portfolio, following a substantial funding journey and robust technology development.

US Treasury to Increase DeFi Regulation
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US Treasury to Increase DeFi Regulation

The US Treasury conducted a risk assessment of DeFi, finding it lacking in AML/CFT compliance, and reported money laundering, scammers, and North Korean hackers benefiting from the sector. The Treasury response to Biden's executive order suggests more regulation for DeFi, including compliance with the Bank Secrecy Act.

Compound Protocol Halts Supply of Four Tokens Due To Low Liquidity
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Compound Protocol Halts Supply of Four Tokens Due To Low Liquidity

Decentralized lending protocol Compound has decided to pause the supply of four tokens used as lending assets for collateral on the platform, including ncZRX, cBAT, cMKR, and cYFI.

Billionaire Investor Mike Novogratz Refuses to Lose Faith in Bitcoin
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Billionaire Investor Mike Novogratz Refuses to Lose Faith in Bitcoin

Mike Novogratz, the CEO and founder of Galaxy Digital asset management company, explains why he still loves cryptocurrencies.

Saros Cryptocurrency (SAROS) will be listed on Bybit
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Saros Cryptocurrency (SAROS) will be listed on Bybit

Saros raises $3.75M in funding and gets listed on Bybit with a 50,000 USDT prize pool, marking significant strides in expanding its reach and enhancing its offerings in the DeFi space.

Defiance ETFs' NFT-Linked ETF Soon to Launch in the U.S.
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Defiance ETFs' NFT-Linked ETF Soon to Launch in the U.S.

Defiance ETFs' Defiance Digital Revolution ETF (ticker NFTZ) is launching on Thursday and will track blockchain-related firms and the NFT index.

DeFi Funding Skyrockets 190% in 2022
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DeFi Funding Skyrockets 190% in 2022

Digital asset investment firms invested $2.7 billion in decentralized finance (DeFi) projects in 2022, marking a 190% increase from the previous year, while investments into centralized finance (CeFi) projects dropped by 73% to $4.3 billion. Despite the overall crypto funding figures falling from $31.92 billion to $18.25 billion, DeFi saw a near three-fold increase, potentially signaling it as the new high-growth area for the crypto industry, according to a CoinGecko report.

SushiSwap Reaches Over $1 Billion in TVL as Uniswap Sees Massive Plummet After Rewards Ended
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SushiSwap Reaches Over $1 Billion in TVL as Uniswap Sees Massive Plummet After Rewards Ended

SushiSwap’s token SUSHI made a huge rebound this week, surging by nearly 90 percent in one week.

Amid The Ongoing Crypto Market Dip, DeFi Tokens BAT, CELO, and HEDG Remain Resilient
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Amid The Ongoing Crypto Market Dip, DeFi Tokens BAT, CELO, and HEDG Remain Resilient

The market correction though encompassing has some resilient tokens including BAT, CELO, HEDG.

Number of Ethereum Addresses Holding at Least 100 Coins Plunges as Chinese Clampdown Looms
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Number of Ethereum Addresses Holding at Least 100 Coins Plunges as Chinese Clampdown Looms

Ethereum on-chain metrics are on the decline as China's clampdown looms.

PayPal to Launch Crypto Trading Next Month in the U.K.
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PayPal to Launch Crypto Trading Next Month in the U.K.

Payment provider PayPal Holdings Inc. revealed the company is planning to develop the next market in The United Kingdom to provide its crypto trading services.

Coinbase and Circle Add Algorand Blockchain to Multi-Chain USDC Stablecoin Framework—Faster than Ethereum
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Coinbase and Circle Add Algorand Blockchain to Multi-Chain USDC Stablecoin Framework—Faster than Ethereum

Coinbase and Circle Centre Consortium have expanded USDC from Ethereum to Algorand’s blockchain as part of its multi-chain USDC framework.

Aave Outpaces Market with 9% Growth in Q2 2023, Launches GHO Stablecoin
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Aave Outpaces Market with 9% Growth in Q2 2023, Launches GHO Stablecoin

ave's Q2 2023 report shows a 9% growth in total value supplied, outpacing the market. Key developments include the launch of GHO stablecoin, a rise in stETH deposits, and the anticipated release of Portals.

The Number of Ethereum Transfers Hit a Monthly Low
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The Number of Ethereum Transfers Hit a Monthly Low

The number of Ethereum (ETH) transfers has dwindled hitting a 1-month low of 24,471.607, as acknowledged by on-chain metrics provider Glassnode.

End of Chainlink’s Bull Run? LINK Developers and Whales Dump Tokens
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End of Chainlink’s Bull Run? LINK Developers and Whales Dump Tokens

Chainlink (LINK) recently hit $20 on Binance and has surpassed Bitcoin Cash (BCH) by market capitalization before taking a dive.

DeFi Hack Linked to North Korea
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DeFi Hack Linked to North Korea

The $197 million DeFi hack on Euler Finance has been linked to North Korea after blockchain investigator Chainalysis identified that 100 ETH from the stolen funds was transferred to an address associated with North Korea-linked actors. While Chainalysis suspected the involvement of North Korea, it highlighted the possibility of misdirection by other hackers. Euler Labs CEO expressed disappointment in the hack, revealing that ten separate audits over two years assured its security.

QuickSwap Breaches $1,000 for the First Time amid Increasing Adoption of Polygon
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QuickSwap Breaches $1,000 for the First Time amid Increasing Adoption of Polygon

QuickSwap is a decentralized trading platform leveraging Polygon's Layer 2 network. Its native token QUICK achieved a new record-high today, breaching $1,000.

6 Reasons Why Ethereum Price is Surging
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6 Reasons Why Ethereum Price is Surging

Ethereum is entering new realms of price discovery - here are six reasons why Ethereum is showing significant strength at the outset of 2021 and the ETH price continues to rise.

Top 10 Dapps on Ethereum Network Surpass 1 Million Daily Users
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Top 10 Dapps on Ethereum Network Surpass 1 Million Daily Users

The top 10 decentralized applications on the Ethereum network have hit 1,017,760 daily active wallet users, according to data analytics company DappRadar.

DeFi Broker Porter Finance Shuts Down Bond Issuance Platform
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DeFi Broker Porter Finance Shuts Down Bond Issuance Platform

Porter Finance said low lending demand from the DeFi ecosystem has forced it to close its bond trading platform, and mentioned that it now wants to focus on other business opportunities.

Uniswap V3 Protocol License Expires, Allowing Developers to Fork Code
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Uniswap V3 Protocol License Expires, Allowing Developers to Fork Code

Uniswap V3 protocol’s Business Source License (BSL) has expired, allowing developers to fork the code and deploy their own decentralized exchange (DEX). The new “General Public License” now applies to the protocol. To fork the code, developers must use an “Additional Use Grant.”

Aave (LEND) Is Up By Over 11,000 Percent This Year, DeFi Market Reaches $11 Billion in Total Value Locked
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Aave (LEND) Is Up By Over 11,000 Percent This Year, DeFi Market Reaches $11 Billion in Total Value Locked

The continuous rise and the unending support for the decentralized finance (DeFi) industry has resulted in a total of $11 billion in total value locked.

Polygon Labs Critiques SEC Proposed Rulemaking That Threatens Permissionless Blockchain Networks
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Polygon Labs Critiques SEC Proposed Rulemaking That Threatens Permissionless Blockchain Networks

Polygon Labs, the leading blockchain technology firm, issued a response today to a proposed rule from the Securities and Exchange Commission (SEC) that redefines the term "exchange."

Ethereum’s Sentiment on Twitter Becomes Extremely Positive as DeFi’s Value Tops $80B
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Ethereum’s Sentiment on Twitter Becomes Extremely Positive as DeFi’s Value Tops $80B

The Ethereum (ETH) network has been experiencing an uptick in activities and this made crowd sentiment on Twitter extremely positive, as disclosed by Data analytic firm IntoTheBlock.

DeFi Protocol Wonderland Involves Cybercrime, Associated with Canadian Crypto Exchange Quadriga
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DeFi Protocol Wonderland Involves Cybercrime, Associated with Canadian Crypto Exchange Quadriga

A decentralized finance project called Wonderland involves a cybercrime associated with Canadian crypto exchange Quadriga, turning DeFi into a financial felon’s wonderland.

Uniswap’s UNI Becomes a Top 10 DeFi Token After a Day, Driving Ethereum Transaction Fees to an All-Time High
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Uniswap’s UNI Becomes a Top 10 DeFi Token After a Day, Driving Ethereum Transaction Fees to an All-Time High

Uniswap recently launched its own governance token UNI, and since its launch, Ethereum’s transaction fees have reached new highs.

Cobo Argus Boosts DeFi Strategies Security via Chainlink Price Feeds Integration
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Cobo Argus Boosts DeFi Strategies Security via Chainlink Price Feeds Integration

Cobo Argus has integrated Chainlink Price Feeds on Arbitrum mainnet to bolster its automated DeFi strategies, enhancing security and facilitating swift fund withdrawals during token depegs. This collaboration with Chainlink also underscores Cobo Argus's commitment to providing fortified, efficient on-chain DeFi management solutions.

Binance "Investing Heavily in DeFi", Tweets CEO CZ
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Binance "Investing Heavily in DeFi", Tweets CEO CZ

Earlier, CZ announced that the company will be spending more than $1 billion on potential investments and acquisitions this year. According to Binance, DeFi and NFT projects are among the good options.

What Is Balancer?
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What Is Balancer?

Released in March 2020, Balancer is an Ethereum-based automated market maker (AMM) that enables users to earn fees by providing liquidity and trading.

Ethereum (ETH) Ecosystem Evolves: Staking, DeFi, and Derivative Markets
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Ethereum (ETH) Ecosystem Evolves: Staking, DeFi, and Derivative Markets

Insights from the Coinbase x Glassnode Q2 report about the evolution of Ethereum's Ecosystem.

Linea Launches Surge to Boost Network Liquidity, StationX Emerges as Key Player
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Linea Launches Surge to Boost Network Liquidity, StationX Emerges as Key Player

Linea introduces Surge, a liquidity-boosting initiative featuring new token LXP-L. StationX, the on-chain capital coordination protocol, plays a significant role.

BounceBit Mainnet Launch and Upcoming Updates
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BounceBit Mainnet Launch and Upcoming Updates

BounceBit celebrates Mainnet launch and reveals upcoming platform enhancements.

Bitfinex to List VELAR, Velar's Native Token
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Bitfinex to List VELAR, Velar's Native Token

Bitfinex announces the listing of VELAR, Velar's native token.

Fireblocks Integrates with Cosmos (ATOM) to Enhance DeFi via Osmosis
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Fireblocks Integrates with Cosmos (ATOM) to Enhance DeFi via Osmosis

Fireblocks integrates with Cosmos, leveraging Osmosis to enhance DeFi functionalities.

Manta Network Launches 1.5x Points Boost Program for CeDeFi Participants
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Manta Network Launches 1.5x Points Boost Program for CeDeFi Participants

Manta Network introduces a 1.5x points boost for CeDeFi participants from May 31 to June 30.

Analyzing Market Making Dynamics on Uniswap (UNI)
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Analyzing Market Making Dynamics on Uniswap (UNI)

Explore the intricate dynamics of liquidity supply and demand on Uniswap.

Atoma Integrates AI with Sui Blockchain to Empower Builders
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Atoma Integrates AI with Sui Blockchain to Empower Builders

Atoma's AI network integrates with Sui Blockchain, enhancing capabilities for DeFi, gaming, and more.

Wormhole Queries: Revolutionizing On-Chain Data Access for Multichain Applications
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Wormhole Queries: Revolutionizing On-Chain Data Access for Multichain Applications

Wormhole Queries offer an efficient way to access on-chain data, crucial for multichain apps.

Key Insights from SSV Foundation's Recent AMA
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Key Insights from SSV Foundation's Recent AMA

Discover key insights from the SSV Foundation AMA, covering the Foundation's role, updates, and community impact.

Mantle Network Now Accessible on Dune for Enhanced Blockchain Analytics
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Mantle Network Now Accessible on Dune for Enhanced Blockchain Analytics

Mantle Network integrates with Dune, offering robust analytics for DeFi data.

NVIDIA: Street Fighter 6 and XDefiant Join GeForce NOW
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NVIDIA: Street Fighter 6 and XDefiant Join GeForce NOW

Street Fighter 6 and XDefiant debut among seven new games on GeForce NOW.

Paxos: The Crucial Role of Stablecoins in Transforming DeFi
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Paxos: The Crucial Role of Stablecoins in Transforming DeFi

Explore the impact of stablecoins on DeFi and their future prospects.

Filecoin (FIL) Introduces Key Updates and Integrations in 2024
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Filecoin (FIL) Introduces Key Updates and Integrations in 2024

Filecoin unveils new integrations, initiatives, and events for 2024, enhancing its decentralized storage ecosystem.

Exploring Real-World Assets (RWA) in Crypto: Benefits and Challenges
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Exploring Real-World Assets (RWA) in Crypto: Benefits and Challenges

Discover the rise of Real-World Assets (RWA) in crypto and their impact on DeFi.

BounceBit's Maximal Capital Efficiency Strategy: A Comprehensive Guide
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BounceBit's Maximal Capital Efficiency Strategy: A Comprehensive Guide

BounceBit introduces a guide to maximize yield via CeFi and DeFi integration.

Injective  (INJ)Unveils Helix 2.0 and Other Key Updates in May
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Injective (INJ)Unveils Helix 2.0 and Other Key Updates in May

Injective (INJ)showcases significant advancements with the launch of Helix 2.0 and other key updates in May.

THORChain Introduces Trade Assets for Enhanced Onchain Trading Experience
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THORChain Introduces Trade Assets for Enhanced Onchain Trading Experience

THORChain launches Trade Assets for efficient and transparent onchain trading.

Understanding stBNB: Liquid Staking with BNB on BNB Chain
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Understanding stBNB: Liquid Staking with BNB on BNB Chain

Explore stBNB and its role in liquid staking within the BNB Chain ecosystem.

Sui Bridge Launches on Testnet with Incentive Program for Participants
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Sui Bridge Launches on Testnet with Incentive Program for Participants

Sui Bridge goes live on Testnet with incentives for testers. Secure and seamless asset transfers between Ethereum and Sui.

Rabby Wallet Integrates IOTA EVM to Enhance Multi-Chain DeFi Experience
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Rabby Wallet Integrates IOTA EVM to Enhance Multi-Chain DeFi Experience

Rabby Wallet by DeBank integrates IOTA EVM, enhancing multi-chain DeFi with smooth network switching and pre-transaction risk scanning.

Uniswap (UNI) Integrates ZKsync for Enhanced Trading Experience
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Uniswap (UNI) Integrates ZKsync for Enhanced Trading Experience

Uniswap (UNI) now supports ZKsync, offering users lower gas fees and faster transactions.

IOTA Awards $2.36 Million in Grants to 20 Blockchain Projects
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IOTA Awards $2.36 Million in Grants to 20 Blockchain Projects

IOTA Grants program awards $2.36 million to 20 blockchain projects, supporting diverse sectors.

Pyth Network Integrates Price Oracles with IOTA EVM
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Pyth Network Integrates Price Oracles with IOTA EVM

Pyth Network deploys its oracle services on IOTA EVM, enhancing data accuracy and security for DeFi applications.

Stellar (XLM) Cash-to-DeFi Challenge Highlights Innovative Financial Solutions at Consensus X EasyA 2024 Hackathon
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Stellar (XLM) Cash-to-DeFi Challenge Highlights Innovative Financial Solutions at Consensus X EasyA 2024 Hackathon

Stellar (XLM) Cash-to-DeFi Challenge at Consensus X EasyA 2024 Hackathon showcased groundbreaking financial solutions.

Ethereum (ETH) Network: A Pillar of Decentralized Digital Economy
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Ethereum (ETH) Network: A Pillar of Decentralized Digital Economy

Ethereum's role in DeFi, NFTs, and gaming underscores its pivotal impact on Web3.

OKX Ventures Joins as Founding Member of SOFA.org to Enhance DeFi Ecosystem
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OKX Ventures Joins as Founding Member of SOFA.org to Enhance DeFi Ecosystem

OKX Ventures becomes a founding member of SOFA.org to support the DeFi ecosystem.

Bitcoin (BTC) Layer 2 Revolution: The Role of Ordinals in Sparking Innovation
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Bitcoin (BTC) Layer 2 Revolution: The Role of Ordinals in Sparking Innovation

Ordinals have ignited a surge of innovation in Bitcoin’s Layer 2 ecosystem.

BounceBit Integrates Traditional Economic Theories to Strengthen CeDeFi Resilience
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BounceBit Integrates Traditional Economic Theories to Strengthen CeDeFi Resilience

BounceBit leverages Merrill Lynch's Investment Clock and Ray Dalio's All-Weather theory to enhance CeDeFi resilience and offer diverse yield products.

Linea's Surge Volt 2 Commences Amidst Robust Network Growth
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Linea's Surge Volt 2 Commences Amidst Robust Network Growth

Linea Surge Volt 2 kicks off with significant updates to LXP-L distribution, following a successful Volt 1 that saw over $1B in TVL.

Staking BNB on ListaDAO: A Comprehensive Guide
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Staking BNB on ListaDAO: A Comprehensive Guide

Learn how to stake BNB on ListaDAO with this detailed guide. Enhance your DeFi experience with liquid staking and maximize your earnings.

BNB Chain Launches TVL Incentive Program #3 to Boost BNB and TVL on opBNB and BSC
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BNB Chain Launches TVL Incentive Program #3 to Boost BNB and TVL on opBNB and BSC

BNB Chain introduces TVL Incentive Program #3 to enhance BNB and TVL growth across opBNB and BSC, offering significant rewards.

Chainlink (LINK) Introduces CCIP Programmable Token Transfers for Advanced DeFi and TradFi Applications
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Chainlink (LINK) Introduces CCIP Programmable Token Transfers for Advanced DeFi and TradFi Applications

Chainlink (LINK)'s CCIP Programmable Token Transfers offer enhanced smart contract and tokenization use cases for DeFi protocols and TradFi institutions.

Birdeye Integrates Real-Time Crypto Market Data on Sui Blockchain
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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.

Hong Kong Monetary Authority Releases Reports on DeFi and Metaverse in Finance
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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.

Uniswap (UNI) Expands to Zora Network, Offering Enhanced User Experience
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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.

BlackRock's BUIDL Fund Backs Manta Network's wUSDM via Mountain Protocol
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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.

IOTA Grants $2.89 Million to 26 Projects in Latest Funding Round
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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.

Uniswap (UNI) v4 Hooks: EigenLayer Research Calls for AVS Proposals
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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.

XDEFI Integrates Circle’s CCTP to Enhance USDC Cross-Chain Swaps
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XDEFI Integrates Circle’s CCTP to Enhance USDC Cross-Chain Swaps

XDEFI and Circle's CCTP join forces to make USDC cross-chain swaps more secure and user-friendly, enhancing the overall DeFi experience.

BNB Chain Welcomes New Projects in DeFi, AI, and Web3 Gaming
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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.

Composability Labs Unveils Spark: A High-Speed Onchain CLOB Leveraging Polygon (MATIC) Miden
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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.

BounceBit Unveils New Products and Campaigns for July 2024
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BounceBit Unveils New Products and Campaigns for July 2024

BounceBit announces the launch of two new products, Easy and Superfast, along with several lucrative campaigns for July 2024.

Cronos (CRO) Unveils zkEVM Pioneer Program to Reward Active Community Participation
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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.

Brian Pak Sheds Light on Web3 Security Challenges and Innovations
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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.

Taiko Launches DeFi Challenge in Trailblazers Campaign
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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.

CoinGecko Report: Crypto Market Declines 14.4% in Q2 2024 Amid Key Developments
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CoinGecko Report: Crypto Market Declines 14.4% in Q2 2024 Amid Key Developments

CoinGecko's Q2 2024 report reveals a 14.4% decline in the crypto market, with Bitcoin's halving, mining hash rate drop, and trading volume shifts.

OKX Ventures Backs zkLink to Enhance Liquidity with Aggregated Rollups
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OKX Ventures Backs zkLink to Enhance Liquidity with Aggregated Rollups

OKX Ventures has invested in zkLink, aiming to unify liquidity across various blockchain ecosystems with its Aggregated Layer 3 zkEVM network.

OKX Ventures Invests in Lombard to Enhance Bitcoin (BTC) Restaking Ecosystem
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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.

Manta Foundation Allocates Treasury to wUSDM, Backed by BlackRock’s BUIDL Fund
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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.

Tezos Foundation Awards Grants to Innovative Projects Across DeFi and Gaming
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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.

Stellar (XLM) Unveils Soroban: A Developer-Focused Smart Contract Platform
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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.

BNB Chain Introduces New Projects for Mid-July 2024
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BNB Chain Introduces New Projects for Mid-July 2024

Explore the latest projects onboarded by BNB Chain from July 8th to July 14th, including innovations in DeFi, AI, and Web3 gaming.

Binance Research Reports 37.3% Growth in Crypto Market for H1 2024
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Binance Research Reports 37.3% Growth in Crypto Market for H1 2024

Binance Research reveals a 37.3% growth in the crypto market for the first half of 2024, driven by strong performance in Layer-1s, DeFi, and stablecoins.

BNB Chain Announces $250K 'Train Like a Champion' Challenge
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BNB Chain Announces $250K 'Train Like a Champion' Challenge

BNB Chain launches the 'Train Like a Champion' challenge with a $250K prize pool, timed with the 2024 Summer Olympics.

DeepBook Enhances DeFi Protocols with Superior Liquidity and Speed
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DeepBook Enhances DeFi Protocols with Superior Liquidity and Speed

DeepBook's deep liquidity, quick execution, and ease of integration give Sui DeFi protocols a competitive edge.

Ripple (XRP) Advances Financial Infrastructure with Blockchain and Digital Assets
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Ripple (XRP) Advances Financial Infrastructure with Blockchain and Digital Assets

Ripple (XRP) aims to revolutionize financial services using blockchain and digital assets, focusing on institutional DeFi, cross-border payments, and stablecoins.

Baanx and Tezos Launch First Non-Custodial On-Chain Crypto Card
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Baanx and Tezos Launch First Non-Custodial On-Chain Crypto Card

Baanx and Tezos introduce the first non-custodial on-chain crypto card, leveraging Etherlink for secure, efficient, and user-friendly payments.

Injective (INJ) Integrates Mountain Protocol to Introduce Tokenized T-Bills
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Injective (INJ) Integrates Mountain Protocol to Introduce Tokenized T-Bills

Injective (INJ)has integrated with Mountain Protocol to launch USDM, a yield-bearing stablecoin, enhancing the DeFi ecosystem with tokenized treasury bills.

BNB Chain Unveils New Projects for Early July 2024
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BNB Chain Unveils New Projects for Early July 2024

BNB Chain introduces new projects from July 1st to 7th, spanning DeFi, AI, Web3 gaming, and more.

dYdX Announces Strategic Shift Towards dYdX Chain, Evaluating v3 Alternatives
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dYdX Announces Strategic Shift Towards dYdX Chain, Evaluating v3 Alternatives

dYdX Trading Inc. is exploring strategic alternatives for its v3 software to focus entirely on the decentralized dYdX Chain, emphasizing the ethos of DeFi.

Binance Launchpool to Integrate DeFi BNB Assets with Web3 Wallet
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Binance Launchpool to Integrate DeFi BNB Assets with Web3 Wallet

Binance extends DeFi BNB Assets support to its Web3 Wallet, enhancing the BNB ecosystem. New integrations include liquid staking tokens and more.

Unlocking BNB Rewards: Utilizing Liquid Staking with slisBNB
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Unlocking BNB Rewards: Utilizing Liquid Staking with slisBNB

Discover how liquid staking with slisBNB can enhance BNB rewards, improve fund utilization, and secure the BNB Chain network.

Sui Bridge Test Program Reveals Key Bug Fixes and Insights
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Sui Bridge Test Program Reveals Key Bug Fixes and Insights

The Sui Bridge incentive program, conducted in June, identified bugs and gathered insights for a smoother bridging experience. Over 184,000 transactions were completed.

Uniswap (UNI) Announces $2.35M Prize Pool for v4 Security Competition
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Uniswap (UNI) Announces $2.35M Prize Pool for v4 Security Competition

Uniswap (UNI) Labs teams up with Uniswap Foundation and Cantina to host the largest DeFi security competition with a $2.35M prize pool.

A Comprehensive Guide to Getting Started with Sui (SUI)
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A Comprehensive Guide to Getting Started with Sui (SUI)

Learn how to set up a wallet, use on-ramps, and bridge assets to get started with the Sui (SUI) ecosystem.

BNB Chain Introduces New Projects from August 6th to 19th
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BNB Chain Introduces New Projects from August 6th to 19th

BNB Chain welcomes new projects spanning DeFi, AI, Web3 gaming, and more between August 6th and 19th. Discover the latest additions and their unique contributions.

Taiko and Stargate Finance Collaborate for DeFi Season Finale
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Taiko and Stargate Finance Collaborate for DeFi Season Finale

Taiko, in collaboration with Stargate Finance and other DeFi protocols, launches a special Trail to conclude Season 1 of Trailblazer, starting August 19, 2024.

DeepBook Expands Sui's Liquidity Layer with New Use Cases
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DeepBook Expands Sui's Liquidity Layer with New Use Cases

DeepBook, Sui's native liquidity layer, explores new use cases including perpetual futures, lending, and payments, enhancing DeFi protocols on the platform.

Offchain Labs Unveils Arbitrum Roadmap to Boost Blockchain Innovation
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Offchain Labs Unveils Arbitrum Roadmap to Boost Blockchain Innovation

Offchain Labs has released its technical roadmap for Arbitrum, focusing on scalability, decentralization, and developer experience to drive blockchain adoption.

Exploring DeFi on Sui: A Comprehensive Guide
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Exploring DeFi on Sui: A Comprehensive Guide

Discover the unique features and applications of Sui's DeFi ecosystem, including borrow and lending protocols, DEXes, and NFT marketplaces.

GalaSwap Introduces Enhanced Navigation and Direct Token Transfers
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GalaSwap Introduces Enhanced Navigation and Direct Token Transfers

GalaSwap announces new updates, including improved navigation, direct token transfers, and NFT inventory viewing, to enhance user experience.

dYdX (DYDX) Unveils Unlimited Trading Platform with New Features
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dYdX (DYDX) Unveils Unlimited Trading Platform with New Features

dYdX announces the fall release of dYdX Unlimited, introducing permissionless market listing, MegaVault, an affiliates program, and more.

Exploring Binary Options on Injective: A Comprehensive Analysis
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Exploring Binary Options on Injective: A Comprehensive Analysis

Discover how Injective's binary options markets offer developers robust tools for creating diverse decentralized applications (dApps).

Staking and Liquid Staking on Sui: A Comprehensive Guide
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Staking and Liquid Staking on Sui: A Comprehensive Guide

Learn how to stake and utilize liquid staking on the Sui network. Understand the process, benefits, and how to get started.

Turtle.Club Introduces Phantom Liquidity to Eliminate DeFi Risks
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Turtle.Club Introduces Phantom Liquidity to Eliminate DeFi Risks

Turtle.Club's Phantom Liquidity model eliminates counterparty and smart contract risks, offering a safer alternative for DeFi enthusiasts.

Balanced Integrates Injective (INJ) to Enhance Cross-Chain DeFi
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Balanced Integrates Injective (INJ) to Enhance Cross-Chain DeFi

Balanced, a cross-chain DeFi platform, integrates with Injective, introducing the bnUSD stablecoin and expanding DeFi capabilities.

Sui Implements Shared Custody Model for Enhanced Decentralized Finance
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Sui Implements Shared Custody Model for Enhanced Decentralized Finance

Sui introduces a shared custody model in its object-centric data framework, enhancing security and efficiency for DeFi applications.

DeepBook Enhances DeFi Capabilities with Version 3 Launch
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DeepBook Enhances DeFi Capabilities with Version 3 Launch

DeepBook unveils Version 3 on Sui Testnet, introducing key features like reduced gas fees and dynamic trading fees to enhance DeFi protocols.

Taiko's First 90 Days: Milestones and Future Plans
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Taiko's First 90 Days: Milestones and Future Plans

Taiko celebrates 90 days since its mainnet launch, highlighting significant achievements and future plans in the Ethereum rollup ecosystem.

BounceBit Unveils V2 Upgrade with Advanced CeDeFi and BounceClub Features
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BounceBit Unveils V2 Upgrade with Advanced CeDeFi and BounceClub Features

BounceBit announces V2 upgrade, enhancing CeDeFi and BounceClub ecosystems with new features and improved user experience.

Exploring the Future of Real World Assets in DeFi
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Exploring the Future of Real World Assets in DeFi

Tokenizing real world assets is transforming traditional finance by integrating physical assets into DeFi ecosystems, enhancing accessibility and efficiency.

BNB Chain Unveils Bridge for Seamless Cross-Chain Interoperability
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BNB Chain Unveils Bridge for Seamless Cross-Chain Interoperability

BNB Chain announces its new Bridge, enhancing cross-chain interoperability with partners Celer, deBridge, and Stargate. The initiative aims to streamline transactions and boost DeFi.

New Projects Announced on BNB Chain (August 20 - August 31)
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New Projects Announced on BNB Chain (August 20 - August 31)

BNB Chain introduces a range of new projects from DeFi to AI and Web3 gaming. Discover the latest additions to the BNB Chain ecosystem.

BNB Chain Celebrates 4 Years with New Innovations and Ecosystem Growth
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BNB Chain Celebrates 4 Years with New Innovations and Ecosystem Growth

BNB Chain marks its 4th anniversary with the launch of the One BNB strategy, expanded developer support, and significant ecosystem growth.

Flare Network's Hugo Philion Discusses the Future of Decentralized Oracles
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Flare Network's Hugo Philion Discusses the Future of Decentralized Oracles

Learn about the decentralized oracle ecosystem and how Flare Network aims to revolutionize it, as discussed by co-founder Hugo Philion.

BNB Chain Launches $300,000 TVL#4 Incentive Program to Boost DeFi Ecosystem
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BNB Chain Launches $300,000 TVL#4 Incentive Program to Boost DeFi Ecosystem

BNB Chain has unveiled a $300,000 TVL#4 Incentive Program to foster DeFi growth. Projects can compete in staking and TVL challenges.

AUSD Stablecoin Now Integrated with Sui Network
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AUSD Stablecoin Now Integrated with Sui Network

AUSD stablecoin launches on Sui, enhancing the network's utility, accessibility, and interoperability, according to The Sui Blog.

Exploring Bitcoin DeFi: Opportunities and Innovations
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Exploring Bitcoin DeFi: Opportunities and Innovations

Discover how Bitcoin is evolving in the DeFi space through layer-2 solutions, Taproot, and BTCB on BNB Chain.

Synthetix L2 Chain Snax Integrates Wormhole for Enhanced Governance
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Synthetix L2 Chain Snax Integrates Wormhole for Enhanced Governance

Snax Chain, built on OP Stack, launches September 15th, integrating Wormhole for secure, decentralized Synthetix V3 governance and cross-chain messaging.

Bitcoin (BTC) Unlocks New Potential to Secure DeFi Networks
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Bitcoin (BTC) Unlocks New Potential to Secure DeFi Networks

Stanford professor and BabylonChain co-founder David Tse discusses using Bitcoin to enhance the security of proof-of-stake networks.

USDC and Cross-Chain Transfer Protocol to Launch on Sui Network
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USDC and Cross-Chain Transfer Protocol to Launch on Sui Network

The Sui Network is set to integrate USDC, enhancing DeFi utility and interoperability through increased liquidity and streamlined transactions.

Filament Raises $1.1 Million in Seed Funding to Enhance Derivatives DEX on Sei Network
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Filament Raises $1.1 Million in Seed Funding to Enhance Derivatives DEX on Sei Network

Filament, Sei Network's native derivatives DEX, secures $1.1 million in seed funding led by Lingfeng Innovation Fund to enhance its trading platform.

Avalanche Network Poised for Major Upgrades and Expansion in 2024
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Avalanche Network Poised for Major Upgrades and Expansion in 2024

Avalanche's innovative multi-chain architecture and upcoming upgrades aim to enhance blockchain customization and scalability, supporting enterprise, DeFi, gaming, and more.

Intelligent DeFi: A New Paradigm in Decentralized Finance
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Intelligent DeFi: A New Paradigm in Decentralized Finance

EigenLayer introduces Intelligent DeFi, leveraging offchain compute and data to enhance decentralized finance with verifiable, trustless services.

BNB Chain's Role in the Future of Stablecoin Payments
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BNB Chain's Role in the Future of Stablecoin Payments

Explore how BNB Chain is shaping stablecoin use in DeFi, ecosystem diversity, user experience, and commercial applications.

Understanding Liquidity in the Web3 Ecosystem
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Understanding Liquidity in the Web3 Ecosystem

Liquidity is vital in Web3, enabling efficient trading and stable prices. Learn how liquidity pools and providers support decentralized platforms.

Exploring the StakingRewards Contract on BitTorrent Chain (BTTC)
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Exploring the StakingRewards Contract on BitTorrent Chain (BTTC)

Discover the functionalities of the StakingRewards contract on BTTC, enabling token staking and rewards. Dive into its key components, including state variables, events, and functions.

Splice Finance: A New Yield Trading Hub on Linea
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Splice Finance: A New Yield Trading Hub on Linea

Splice Finance introduces a yield trading hub on Linea, allowing users to earn fixed or variable yields by splitting yield-bearing tokens.

Web 3 Privacy and Its Potential to Transform DeFi
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Web 3 Privacy and Its Potential to Transform DeFi

Discover how Web 3 privacy, led by Tea-Fi's innovations, could revolutionize decentralized finance (DeFi) by integrating swaps, lending, and decentralized trades.

Prediction Markets Gain Popularity Amid Regulatory Challenges
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Prediction Markets Gain Popularity Amid Regulatory Challenges

Prediction markets are rising in popularity, driven by new offerings like election perpetual futures contracts, despite regulatory challenges, according to Blockworks.

Hong Kong Treasury Markets Summit 2024 Highlights Key Financial Innovations
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Hong Kong Treasury Markets Summit 2024 Highlights Key Financial Innovations

The Treasury Markets Summit 2024, hosted by HKMA and TMA, focused on offshore renminbi business, DeFi, Metaverse, and CBDCs.

BNB Chain Enhances Stablecoin Use with New Incentive Programs
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BNB Chain Enhances Stablecoin Use with New Incentive Programs

BNB Chain introduces innovative programs to boost stablecoin integration and adoption, aiming to onboard the next billion Web3 users.

dYdX to Sunset v3 Product, Focus on dYdX Chain Development
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dYdX to Sunset v3 Product, Focus on dYdX Chain Development

dYdX Trading Inc. announces the sunset of its v3 product to focus on the development of dYdX Chain software, marking a new chapter in decentralized finance.

A Beginner's Guide to Yield Farming in DeFi
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A Beginner's Guide to Yield Farming in DeFi

Learn the basics of yield farming in DeFi, including how it works, its importance, and potential risks, according to Gala News.

Sui Bridge Launches on Mainnet, Connecting Ethereum and Sui
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Sui Bridge Launches on Mainnet, Connecting Ethereum and Sui

Sui Bridge goes live on Mainnet, enabling native asset transfers between Ethereum and Sui, enhancing Web3 interoperability.

Bitfinex to List KMNO Token, Expanding DeFi Offerings
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Bitfinex to List KMNO Token, Expanding DeFi Offerings

Bitfinex announces the listing of KMNO, Kamino Finance's native token, enhancing its DeFi offerings with innovative liquidity management solutions on Solana.

USDC Launches on Sui Mainnet, Boosting DeFi Ecosystem
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USDC Launches on Sui Mainnet, Boosting DeFi Ecosystem

USDC, a major stablecoin, is now available on the Sui Mainnet, enhancing liquidity and value transfer within the DeFi ecosystem as Sui's TVL surpasses $1 billion.

Sui Blockchain's DeFi Growth in Q3 2024: Key Developments and Metrics
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Sui Blockchain's DeFi Growth in Q3 2024: Key Developments and Metrics

Sui's DeFi sector saw substantial growth in Q3 2024, driven by new technologies and partnerships. Key metrics and developments indicate a promising future for the blockchain ecosystem.

Exploring the Growing Demand for Bitcoin (BTC) Staking in DeFi
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Exploring the Growing Demand for Bitcoin (BTC) Staking in DeFi

Bitcoin staking is gaining traction as it allows BTC holders to earn rewards while participating in DeFi. Learn about the protocols enabling trustless Bitcoin staking.

AggLayer to Revolutionize Blockchain Interoperability and Use Cases
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AggLayer to Revolutionize Blockchain Interoperability and Use Cases

AggLayer, a new protocol, aims to unify blockchain networks, enhancing interoperability, liquidity, and user experience across DeFi, gaming, RWAs, and AI sectors.

Paxos Launches Yield-Bearing Stablecoin on Injective  (INJ)Network
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Paxos Launches Yield-Bearing Stablecoin on Injective (INJ)Network

Paxos introduces Wrapped Lift Dollar (wUSDL) on the Injective (INJ)Network, offering users a stablecoin that earns yield from treasury bills, enhancing DeFi interactions.

Optimizing Your LGG Winnings: Exploring Linea's DeFi Dapps
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Optimizing Your LGG Winnings: Exploring Linea's DeFi Dapps

Discover how to maximize your LGG winnings using Linea's top DeFi applications like Lynex, Maestro, and Zerolend, and explore the benefits they offer.

Uniswap (UNI) Integrates World Chain for Enhanced DeFi Experience
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Uniswap (UNI) Integrates World Chain for Enhanced DeFi Experience

Uniswap (UNI) now supports World Chain, allowing users to swap and provide liquidity on its Layer 2 blockchain, enhancing low-cost and fast onchain experiences.

BNB Chain Introduces New Projects from September to October 2024
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BNB Chain Introduces New Projects from September to October 2024

Explore the latest additions to the BNB Chain, featuring innovative projects in DeFi, AI, gaming, and more, launched between September 23 and October 18, 2024.

Manta Network Launches Expedition with MANTA Rewards
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Manta Network Launches Expedition with MANTA Rewards

Manta Network introduces the Manta Expedition, offering participants the opportunity to earn MANTA rewards by completing quests across various DeFi protocols.

Solana's Evolution: High-Speed Blockchain Faces New Challenges in 2024
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Solana's Evolution: High-Speed Blockchain Faces New Challenges in 2024

Solana, known for its speed and efficiency, has rebounded from initial setbacks to secure a niche in payments and consumer markets. The blockchain continues to evolve amidst growing competition.

Understanding DeFi: The Decentralized Finance Revolution in Web3
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Understanding DeFi: The Decentralized Finance Revolution in Web3

Explore how Decentralized Finance (DeFi) transforms financial systems using blockchain, offering peer-to-peer transactions and smart contracts in the Web3 landscape.

Exploring BNB Token's Impact in DeFi, CeFi, and PayFi
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Exploring BNB Token's Impact in DeFi, CeFi, and PayFi

Discover how BNB token enhances decentralized finance (DeFi), centralized finance (CeFi), and payment finance (PayFi) ecosystems with its diverse applications in blockchain technology.

DeFi Surge Fuels Eastern Europe's Crypto Adoption in 2024
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DeFi Surge Fuels Eastern Europe's Crypto Adoption in 2024

Eastern Europe sees significant DeFi growth, with Ukraine and Russia leading in adoption despite geopolitical challenges, according to Chainalysis.

Ika Protocol Empowers Sui Smart Contracts for Cross-Blockchain Interoperability
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Ika Protocol Empowers Sui Smart Contracts for Cross-Blockchain Interoperability

Ika, formerly dWallet Network, enables Sui smart contracts to manage assets across blockchains, offering secure and scalable DeFi solutions with its MPC technology.

Taiko Network Achieves New Milestones and Plans for Future Innovations
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Taiko Network Achieves New Milestones and Plans for Future Innovations

Taiko Network reports significant growth in transactions and TVL, unveils plans for ZK proofs integration, DAO governance, and preconfirmations.

Injective  (INJ)and Fetch Collaborate to Advance AI-Driven Finance with ASI
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Injective (INJ)and Fetch Collaborate to Advance AI-Driven Finance with ASI

Injective (INJ)and Fetch.ai join forces with the Artificial Superintelligence Alliance to enhance AI-enabled finance on the Injective platform, marking a significant step in blockchain interoperability.

EU DeFi Policy Roundtable: Insights and Challenges Explored
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EU DeFi Policy Roundtable: Insights and Challenges Explored

Polygon (MATIC) Labs and Coinbase held a roundtable in Brussels to discuss DeFi policy in the EU, focusing on regulation, innovation, and market fairness.

UBET Revolutionizes Sports Predictions with UAMM Algorithmic Pricing
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UBET Revolutionizes Sports Predictions with UAMM Algorithmic Pricing

UBET introduces UAMM, a decentralized algorithmic pricing mechanism for sports prediction markets, offering fairer odds and improved liquidity through blockchain technology.

OKX Ventures Invests in Corn's Ethereum Layer 2 for Bitcoin DeFi Integration
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OKX Ventures Invests in Corn's Ethereum Layer 2 for Bitcoin DeFi Integration

OKX Ventures invests in Corn, an Ethereum Layer 2 network, aiming to integrate Bitcoin into Ethereum's DeFi ecosystem. This strategic move leverages BTCN for seamless BTC transactions.

Flow Traders Enhances Wormhole's Multichain Swaps with Solver Network Participation
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Flow Traders Enhances Wormhole's Multichain Swaps with Solver Network Participation

Flow Traders joins Wormhole's network to boost multichain swaps, providing enhanced liquidity and speed. This collaboration aims to improve cross-chain transactions through the Composable Intents platform.

Agora Introduces AUSD Stablecoin on Injective  (INJ)Blockchain
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Agora Introduces AUSD Stablecoin on Injective (INJ)Blockchain

Agora launches AUSD, a US dollar-backed stablecoin, on the Injective (INJ)blockchain, enhancing liquidity between DeFi and TradFi markets, and supporting seamless financial transactions.

CeDeFi V2 Migration: Key Dates and Changes for Users
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CeDeFi V2 Migration: Key Dates and Changes for Users

CeDeFi V2 is launching soon. Learn about the migration timeline, changes, and how it affects current users with open positions on the platform.

Injective's October Updates Highlight Advancements in TradFi and DeFi Integration
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Injective's October Updates Highlight Advancements in TradFi and DeFi Integration

Injective's October 2024 update reveals significant advancements in blockchain, ecosystem, and community sectors, aiming to merge traditional finance with decentralized finance.

BounceBit Integrates MirrorX for Enhanced Automated Yield Optimization
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BounceBit Integrates MirrorX for Enhanced Automated Yield Optimization

BounceBit collaborates with Ceffu's MirrorX to enhance automated yield optimization through secure off-exchange settlements, aimed at simplifying yield farming and maximizing returns.

VanEck Launches SUI-Backed Financial Instrument for Investors
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VanEck Launches SUI-Backed Financial Instrument for Investors

VanEck introduces a new financial product backed by SUI tokens, enhancing investor access to the Sui network, known for substantial growth in DeFi and TVL.

Uniswap (UNI) Launches Historic $15.5M Bug Bounty for Version 4
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Uniswap (UNI) Launches Historic $15.5M Bug Bounty for Version 4

Uniswap (UNI) unveils a record-breaking $15.5M bug bounty for its v4 core contracts, aiming to bolster security and attract developers globally.

Taiko Announces Trailblazers Season 3 and Extended Liquidity Royale
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Taiko Announces Trailblazers Season 3 and Extended Liquidity Royale

Taiko wraps up Trailblazers Season 2 and gears up for Season 3 with exciting updates, including the continuation of the successful Liquidity Royale event.

Uniswap (UNI) and Fireblocks Team Up to Enhance Institutional DeFi Access
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Uniswap (UNI) and Fireblocks Team Up to Enhance Institutional DeFi Access

Uniswap (UNI) Labs partners with Fireblocks to enable financial firms to tap into DeFi through Uniswap's Trading API, offering deep liquidity and competitive pricing.

Taiko Announces Continuation of Liquidity Royale with Enhanced Rewards
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Taiko Announces Continuation of Liquidity Royale with Enhanced Rewards

Taiko's Liquidity Royale: TVL Masters Edition extends into Season 3, offering increased rewards for top liquidity providers. The competition aims to boost TVL and network stability.

Bitcoin Layer 2 Projects Surge: A Detailed Look at the Modular Future
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Bitcoin Layer 2 Projects Surge: A Detailed Look at the Modular Future

Bitcoin Layer 2 projects have grown significantly, with a sevenfold increase from 2021 to 2024. Explore the impact of this growth on venture funding and the future of Bitcoin's modular ecosystem.

FDUSD Stablecoin Launches on Sui Blockchain
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FDUSD Stablecoin Launches on Sui Blockchain

First Digital introduces its stablecoin, FDUSD, as a native token on the Sui blockchain, expanding DeFi options and showcasing institutional confidence in Sui's growing ecosystem.

Sui Expands DeFi Horizons with Native Stablecoins
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Sui Expands DeFi Horizons with Native Stablecoins

Sui's ecosystem is evolving with the introduction of native stablecoins, reshaping DeFi and unlocking new opportunities. Explore the impact of USDY, AUSD, USDC, and FDUSD.

Sui Partners with Franklin Templeton to Enhance Blockchain Ecosystem
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Sui Partners with Franklin Templeton to Enhance Blockchain Ecosystem

Sui collaborates with Franklin Templeton Digital Assets to bolster its blockchain ecosystem, highlighting projects like Deepbook and Karrier One, amid growing interest from global investment firms.

BounceBit's Vision: Merging Traditional Finance with CeDeFi Innovation
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BounceBit's Vision: Merging Traditional Finance with CeDeFi Innovation

BounceBit is pioneering a new financial paradigm by integrating Real-World Assets into CeDeFi, aiming to create a dual-yield ecosystem that merges traditional and crypto finance.

Sui Foundation Initiates Grant Program for DeepBook Development
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Sui Foundation Initiates Grant Program for DeepBook Development

The Sui Foundation launches a grant program to fund DeepBook, its native liquidity layer, fostering decentralized finance growth through targeted project support.

Sui Ecosystem Highlights Top Projects for 2024
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Sui Ecosystem Highlights Top Projects for 2024

Discover the top projects in the Sui ecosystem for 2024, showcasing diverse DeFi and infrastructure innovations, driven by user engagement and community votes.

BounceBit Enhances RWA Offerings Through Strategic Partnership with DigiFT
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BounceBit Enhances RWA Offerings Through Strategic Partnership with DigiFT

BounceBit partners with DigiFT, a regulated exchange, to integrate tokenized real-world assets, enhancing institutional-grade yields and expanding its CeDeFi ecosystem.

Yearn.Finance Founder Andre Cronje Gets Sued Over Eminence Project Hack Amid Receiving Death Threats
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Yearn.Finance Founder Andre Cronje Gets Sued Over Eminence Project Hack Amid Receiving Death Threats

Andre Cronje has also recently been sued over his unfinished Eminence Finance (EMN) project, which has been hacked.

DeFi TVL Surges to $55.365 Billion, Lido Finance Peaks at $22 Billion
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DeFi TVL Surges to $55.365 Billion, Lido Finance Peaks at $22 Billion

Global DeFi TVL reached $55.34 billion in 24 hours, with decentralized exchanges leading volume and Lido Finance reaching a $22 billion milestone, indicating robust DeFi sector growth.

Euler Finance hacker returns $5.4M
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Euler Finance hacker returns $5.4M

The hacker who drained $197 million from Euler Finance in the biggest DeFi hack of 2023 so far reportedly returned around $5.4 million in Ether to the company. The funds were sent in three transactions from the hacker's address to Euler Finance's deployer address, but it remains to be seen if the hacker will return the rest of the stolen funds.

DeFi Trails Broader Market Uptrend to Hit New TVL at $223 Billion
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DeFi Trails Broader Market Uptrend to Hit New TVL at $223 Billion

The Total Value Locked (TVL) in DeFi protocols have crossed the biggest range in history as it is trading at its highest value of $223 billion.

Maple Finance Loans $300m to help Struggling Bitcoin Miners
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Maple Finance Loans $300m to help Struggling Bitcoin Miners

The lending fund is designed to support crypto mining firms impacted by the market downturn.

DeFi Investing Platform Zerion Raises $8.2M in Series A Funding Led by Mosaic Ventures
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DeFi Investing Platform Zerion Raises $8.2M in Series A Funding Led by Mosaic Ventures

San Francisco -based Decentralized finance (DeFi) investing app -Zerion announced to complete a Series A funding with a total value of $8.2 million Wednesday.

Polygon Announces Beta Launch of Zero-Knowledge Ethereum Virtual Machine
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Polygon Announces Beta Launch of Zero-Knowledge Ethereum Virtual Machine

Polygon's zkEVM Ethereum scaling solution will deploy on mainnet beta March 27.

Cardano’s First DeFi Project Revealed as Partnership With Bondly Finance Announced
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Cardano’s First DeFi Project Revealed as Partnership With Bondly Finance Announced

Input Output Hong Kong (IOHK) has just announced a new partnership that would enable the first decentralized finance (DeFi) project on the network.

DeFi TVL Remains Flat as Crypto Market Shrugs Off Another Bearish Weekend
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DeFi TVL Remains Flat as Crypto Market Shrugs Off Another Bearish Weekend

Total Value Locked in DeFi remains slightly indifferent as the market saw a bullish opening to the new week.

Memecoins Dominate Q1 2024 Crypto Market Returns, Followed by DeFi and DePIN
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Memecoins Dominate Q1 2024 Crypto Market Returns, Followed by DeFi and DePIN

In Q1 2024, crypto narratives experienced impressive returns, with memecoins leading the pack with an average return of 1312.6%, followed by RWA and AI.

Crypto and NFT Communities Respond to Turkish Earthquake Relief Efforts
defi

Crypto and NFT Communities Respond to Turkish Earthquake Relief Efforts

Many firms in the field have donated funding, on-the-ground help, and even future NFT charity efforts.

Despite the attacker borrowing 100 million BEUR
defi

Despite the attacker borrowing 100 million BEUR

Damage estimates were $120 million.

SushiSwap Deploys Contracts to Five New Networks as Ethereum Gas Fees Surge
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SushiSwap Deploys Contracts to Five New Networks as Ethereum Gas Fees Surge

SushiSwap has deployed its contracts to five new networks. What should be expected of SUSHI's price in the next few days?

Ethereum Total Liquidity in DeFi Protocols Climbs to $90.7B, Despite Price Slip
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Ethereum Total Liquidity in DeFi Protocols Climbs to $90.7B, Despite Price Slip

The dominance of Ethereum in the DeFi ecosystem continues to gain steam because total value locked (TVL) in this space surged by 14.43% to hit $90.7 billion.

Mango Markets DEX Raises $70M through MNGO Tokens Sale
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Mango Markets DEX Raises $70M through MNGO Tokens Sale

Mango Markets decentralized exchange (DEX) has raised around $70 million through its MNGO tokens sale.

Yearn.finance Appeals to Arbitrage Traders for $1.4 Million in Recovery Funds After Multisig Error
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Yearn.finance Appeals to Arbitrage Traders for $1.4 Million in Recovery Funds After Multisig Error

Yearn.finance seeks the return of $1.4 million from traders after a multisignature scripting error drained its treasury.

Sky-High Transaction Fees are Driving NFT Users Away from Ethereum, says JPMorgan
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Sky-High Transaction Fees are Driving NFT Users Away from Ethereum, says JPMorgan

A decreased return in Ethereum's NFT market share is attributed to congestion and high gas fees.

US SEC Boss Gary Gensler Calls to Regulate DeFi Projects
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US SEC Boss Gary Gensler Calls to Regulate DeFi Projects

The US Securities and Exchange Commission Chairman Gary Gensler is pushing to regulate the decentralized finance (DeFi) landscape. He recently said that DeFi is adequately organized and therefore needs regulatory compliance.

Crypto Leaders' Stance on DCCPA Bill Polarised, Not Everyone Buying It
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Crypto Leaders' Stance on DCCPA Bill Polarised, Not Everyone Buying It

After much criticism following his support of the uploaded DCCPA bill, FTX CEO Sam Bankman-Fried has again taken to Twitter to explain further on the bill.

1INCH Sets New All-Time High as Token Launches on Coinbase Pro
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1INCH Sets New All-Time High as Token Launches on Coinbase Pro

With the decentralized finance boom, many projects have emerged in the DeFi market. 1INCH stands out among them.

BNB Smart Chain's Remarkable 85% Security Triumph in 2023
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BNB Smart Chain's Remarkable 85% Security Triumph in 2023

BNB Smart Chain's security enhancements in 2023 led to an 85% reduction in financial losses from security incidents, a striking contrast to the previous year's $1.1 billion losses.

NFT OASIS Receives $4.4M in Financing to Integrate DeFi and VR for NFT Creators
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NFT OASIS Receives $4.4M in Financing to Integrate DeFi and VR for NFT Creators

California-based NFT decentralized platform NFT Oasis announced that it has received the first round of funding from $4.4M, aiming to combine VR and DeFi to art creators with more creative freedom, commercial control, and financial success.

Ripple CTO Advocates for Community Consensus on XRP Ledger's AMM Feature Integration
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Ripple CTO Advocates for Community Consensus on XRP Ledger's AMM Feature Integration

Ripple's CTO, David Schwartz, stresses the importance of community consensus for integrating the Automated Market Maker (AMM) feature on the XRP Ledger. Through discussions on X (formerly Twitter), Schwartz outlines a methodical approach to addressing concerns and urges validators to support the amendment only after achieving community agreement. The AMM feature, seen as a significant stride in decentralized finance on XRPL, was introduced in rippled version 1.12.0 alongside a potential clawback feature aimed at legal liability protection for developers. Schwartz's engagement exemplifies a balanced approach to evolving XRPL while preserving its decentralized character.

Singapore Regulator MAS is Exploring Use of Cases in Digital Assets
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Singapore Regulator MAS is Exploring Use of Cases in Digital Assets

The Monetary Authority of Singapore (MAS) has launched Project Guardian, a sandbox initiative that is set to explore a number of defined use cases with respect to asset tokenization on the blockchain.

Peertec Joins Hands with Penta Security for Blockchain-Enabled Infrastructural Security
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Peertec Joins Hands with Penta Security for Blockchain-Enabled Infrastructural Security

Peertec, a leading blockchain-focused fintech firm, has revealed its strategic collaboration with Penta Security, a highly valued web and data security company. The partnership is expected to boost Peertec’s infrastructure security using blockchain technology. The safety of its GDAC cryptocurrency exchange and services is also expected to be strengthened.

ZetaChain and Curve Finance Collaborate to Revolutionize DeFi with Native BTC Support
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ZetaChain and Curve Finance Collaborate to Revolutionize DeFi with Native BTC Support

ZetaChain and Curve Finance have partnered to introduce native Bitcoin support for cross-chain swaps and omnichain asset pools, enhancing asset management efficiency across blockchains.

Sygnum Bank Becomes the First Bank to Provide ETH 2.0 Pledge Service
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Sygnum Bank Becomes the First Bank to Provide ETH 2.0 Pledge Service

The world's first digital asset bank Sygnum Bank announced to be the first bank to accept the pledge of Ethereum 2.0 from its customers.

Russian Crypto Startup InDeFi to Launch Ruble Stablecoin following DAI Model
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Russian Crypto Startup InDeFi to Launch Ruble Stablecoin following DAI Model

The new stablecoin project has no connection with the Bank of Russia’s digital ruble. The stablecoin will be pegged to ruble fiat currency.

Uniswap Reaches $3 Billion in TVL, Anticipates Community Call to Deliberate Liquidity Mining Rewards
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Uniswap Reaches $3 Billion in TVL, Anticipates Community Call to Deliberate Liquidity Mining Rewards

The Uniswap community has set a community meeting to discuss the network’s liquidity mining rewards program, as it is about to end in a week.

Chainlink Unveils Constellation: A Grand Hackathon Event
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Chainlink Unveils Constellation: A Grand Hackathon Event

Chainlink announces its largest hackathon, Constellation, from November 8 to December 10, 2023, with a $350,000 prize pool across seven core tracks. This event follows the trajectory of growth from Chainlink's inaugural hackathon in 2020. The hackathon is open to Web3 engineers of all experience levels and covers a broad spectrum of blockchain applications. It not only serves as a competition but a learning platform offering extensive educational resources and technical support to participants.

DeFi Platform Space and Time Pulls $10m in Series A Funding
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DeFi Platform Space and Time Pulls $10m in Series A Funding

DeFi startup Space and Time has secured $10 million in a Series A funding round as the firm seeks to develop its one-in-a-kind cryptographic protocol called proof-of-SQL.

Ethereum Price Could Double In Next Two Weeks says Analyst as ETH Whales Accumulate
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Ethereum Price Could Double In Next Two Weeks says Analyst as ETH Whales Accumulate

As Ethereum whales accumulate some analysts expecting the ETH price to double in the next two weeks.

Shapeshift Migrate Users to Open-Source Mobile App Boosting Decentralization
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Shapeshift Migrate Users to Open-Source Mobile App Boosting Decentralization

Shapeshift has now created a new open-source app to which users will have to migrate, to take additional steps into complete decentralization.

Maker Hits a New All-Time High Close to the $5,000 Mark
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Maker Hits a New All-Time High Close to the $5,000 Mark

Maker has grown nearly eight-fold since the beginning of this year. It hit a record high of $4,995 today, breaking the $4,500 mark in one clean swoop.

Integration of Credit Card with Digital Currencies,  Bringing Crypto from Hype to Mainstream
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Integration of Credit Card with Digital Currencies, Bringing Crypto from Hype to Mainstream

Financial giants MasterCard and Visa are expanding at a fast pace and beginning to explore Bitcoin and other cryptocurrencies.

Injective Raises $40m Funding to Expand DeFi Applications
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Injective Raises $40m Funding to Expand DeFi Applications

Injective is investing in the future of financial technology by creating avenues for diversified and equitable access to financial freedom.

Metis Launches Decentralized Liquid Staking in Layer 2 Revolution
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Metis Launches Decentralized Liquid Staking in Layer 2 Revolution

Metis is launching the Liquid Staking Blitz, a decentralized sequencer initiative, to boost the growth of Liquid Staking Derivatives within its ecosystem, enhancing network security and governance.

Axie Infinity's Home Ronin Network Suffers Over $600m in another DeFi Hack
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Axie Infinity's Home Ronin Network Suffers Over $600m in another DeFi Hack

The Ronin Network has suffered what is being tagged as the largest hack in the history of Decentralized Finance (DeFi) which funds in excess of $625 million carted away by the hackers.

Yearn.finance (YFI) Sees Massive Price Spike, Analyst says a Bubble is not Possible in the New Paradigm
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Yearn.finance (YFI) Sees Massive Price Spike, Analyst says a Bubble is not Possible in the New Paradigm

Yearn.finance (YFI) price has been surging in the past week, as the cryptocurrency market has seen massive bullish momentum as Bitcoin led the way.

Thailand's SEC Eyes on Decentralized Finance
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Thailand's SEC Eyes on Decentralized Finance

Thai financial authority turn their eyes to decentralized finance regulation by requesting future DeFi-related activities to get appropriate licenses.

Aave Price Surges 76% in One Week, DeFi Tokens to Move Higher as Institutional Adoption Increases
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Aave Price Surges 76% in One Week, DeFi Tokens to Move Higher as Institutional Adoption Increases

Aave (AAVE), one of the leading cryptocurrencies in the DeFi sector has seen its price reversal surge up to 76 percent in the past week.

Total Value Locked in DeFi on Ethereum Crosses $100 Billion as ETH Address Profitability Clocks 100%
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Total Value Locked in DeFi on Ethereum Crosses $100 Billion as ETH Address Profitability Clocks 100%

The total value locked (TVL) in DeFi on the Ethereum network breached the $100 billion mark as demand continues to soar.

US Senate Introduces DEFIANCE Act to Combat AI-Generated Nonconsensual Deepfakes
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US Senate Introduces DEFIANCE Act to Combat AI-Generated Nonconsensual Deepfakes

The US Senate has proposed the DEFIANCE Act in response to the increasing spread of AI-created, nonconsensual explicit imagery, exemplified by recent deepfake incidents involving Taylor Swift. This bill aims to provide legal recourse for victims and criminalize the production and distribution of such content.

Ethereum staking service Rocket Pool reaches $1 billion in total value
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Ethereum staking service Rocket Pool reaches $1 billion in total value

Decentralized network operators get 7.26% annually.

DeFiChain Becomes One of the First Blockchains to Fully Integrate Euro Coin, a Euro-backed Stablecoin
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DeFiChain Becomes One of the First Blockchains to Fully Integrate Euro Coin, a Euro-backed Stablecoin

DeFiChain, the world’s leading blockchain on the Bitcoin network dedicated to bringing decentralized financial applications and services to everyone, has announced the debut of the Euro-backed stablecoin Euro Coin (EUROC) on its native blockchain. DeFiChain is one of the first blockchains to fully integrate a Euro-backed stablecoin.

DeFi’s Smart Contract Risks: Cream Finance’s Input Error Led to CREAM Token Plunging 25%
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DeFi’s Smart Contract Risks: Cream Finance’s Input Error Led to CREAM Token Plunging 25%

The DeFi sector has attracted millions to billions of dollars worth of crypto to the industry, however, some protocols have shown issues.

Ethereum Breaks Past $2,000 for the First Time as DeFi's Total Revenue Hits $800 Million
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Ethereum Breaks Past $2,000 for the First Time as DeFi's Total Revenue Hits $800 Million

Ethereum (ETH) is on fire as it continues making record-breaking moves. Ether has broken the record by surging past the $2,000 mark across major exchanges.

Japan Blockchain Association Proposes Cryptocurrency Tax Reforms to Government
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Japan Blockchain Association Proposes Cryptocurrency Tax Reforms to Government

The Japan Blockchain Association (JBA), led by Representative Director Yuji Kano of bitFlyer, submitted a proposal for cryptocurrency tax reforms to the government on July 28, 2023.

Chainlink DeFi Token Soars; DeFi Booms, But Poll Indicates Many Still Don’t Understand It
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Chainlink DeFi Token Soars; DeFi Booms, But Poll Indicates Many Still Don’t Understand It

As of now, the decentralized finance (DeFi) industry is valued at $6 billion in value.

Uniswap (UNI) Momentum Fades, Chainlink (LINK) Faces Correction as Selling Pressure Takes Over
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Uniswap (UNI) Momentum Fades, Chainlink (LINK) Faces Correction as Selling Pressure Takes Over

The UNI token reached its all-time high of $8.50 before shortly facing a correction, which led to the cryptocurrency’s price plunge to $3.93, as of press time.

1inch Launches Wallet on Apple iOS App Store
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1inch Launches Wallet on Apple iOS App Store

1inch, a decentralized exchange aggregator operating on both Ethereum and Binance Smart Chain, launched its wallets on Apple iOS this Tuesday.

Polkadot’s Treasury Built as a Significant Step Towards the Vision of a Decentralized Internet
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Polkadot’s Treasury Built as a Significant Step Towards the Vision of a Decentralized Internet

Polkadot has recently established a new decentralized platform—Polkadot Treasury, to fund projects.

Two suspects have been arrested by the French police in connection with Platypus
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Two suspects have been arrested by the French police in connection with Platypus

French authorities apprehended two individuals in Platypus' $9.1 million exploit.

Pickle Finance DeFi Protocol Loses $19.7 Million In DAI Stablecoin in “Massive” Hack
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Pickle Finance DeFi Protocol Loses $19.7 Million In DAI Stablecoin in “Massive” Hack

Pickle Finance becomes the latest DeFi Protocol to suffer from hacking, losing almost $20 million in DAI stablecoin.

Ethereum Blockchain Now Has $2 Billion in Bitcoin as BTC Fever Taking Over DeFi Investors
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Ethereum Blockchain Now Has $2 Billion in Bitcoin as BTC Fever Taking Over DeFi Investors

Currently, Ethereum holds more than $2 billion worth of Bitcoin on its blockchain, as investors are getting creative with BTC and anticipating its next bull run.

DeFi Remains One of The Biggest Losers in H1
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DeFi Remains One of The Biggest Losers in H1

The crypto winter is almost wearing off based on several indices, and looking back to the outlook in H1, the ecosystem of DeFi can be tagged as one of the biggest losing sectors in the industry.

DeFi Liquidity Project Paradigm Labs Shuts Down, Unable to Find Niche in DEX Ecosystem
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DeFi Liquidity Project Paradigm Labs Shuts Down, Unable to Find Niche in DEX Ecosystem

The ambitious DeFi liquidity project, Paradigm labs are shutting down its operations citing an inability to build a resilient business within the DEX ecosystem.

Ethereum’s Median Fee Hit a 4-Month Low, while Address Activity Soaring to a 7-Month High
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Ethereum’s Median Fee Hit a 4-Month Low, while Address Activity Soaring to a 7-Month High

Ethereum users have a sigh of relief because median fees have dropped to $5.50 per transaction from highs of $34.18 last month.

Sui Network Redirects Additional 40M SUI, Totaling 157 Million
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Sui Network Redirects Additional 40M SUI, Totaling 157 Million

The Sui Foundation has redirected an additional 40 million SUI tokens towards ecosystem and community development, adding to the previous 117 million SUI, making a total of 157 million SUI. This reallocation aims to bolster the DeFi ecosystem of Sui Network, which has shown a significant uptick in total value locked, marking over 100% increase in the last two months. The initiative follows a series of remarkable achievements by Sui, underscoring its commitment to fostering a robust ecosystem for decentralized applications and financial protocols.

DeFi Derivatives Platform SynFutures Raises $14M in Series A Funding Led by Polychain
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DeFi Derivatives Platform SynFutures Raises $14M in Series A Funding Led by Polychain

Singapore-based DEFI derivatives EXCHANGE-SynFutures announced Wednesday a Series A funding completed with a total value of $14 million.

Nexus Mutual Enters Bancor’s DAO Ecosystem to Generate Protocol-Owned Liquidity
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Nexus Mutual Enters Bancor’s DAO Ecosystem to Generate Protocol-Owned Liquidity

To gain durable decentralized liquidity, Nexus Mutual, an Ethereum-based insurance platform, staked treasury funds worth $2 million in the form of wrapped NXM (wNXM) tokens in decentralized trading protocol Bancor.

Hope Finance Scam Leaves Prospective DeFi Users Out of Pocket
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Hope Finance Scam Leaves Prospective DeFi Users Out of Pocket

Arbitrum-based algorithmic stablecoin startup Hope Finance loses $2 million to a smart contract attack.

Circle Rolls Out Native USDC on the Celo Blockchain, Expanding Stablecoin Access
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Circle Rolls Out Native USDC on the Celo Blockchain, Expanding Stablecoin Access

Circle has integrated USDC directly onto the Celo blockchain, enabling faster and cheaper transactions with its native stablecoin. This aligns with Circle and Celo's shared mission of increasing financial access.

Polkadot Synthetic Asset Protocol Tapio Acquires $4m in Funding
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Polkadot Synthetic Asset Protocol Tapio Acquires $4m in Funding

Tapio protocol, on Monday, announced it had raised a total of $4 million in funding from Polychain, Hypersphere, and Arrington to usher a unified liquidity standard to Polkadot.

Is Tezos' NFT Reawakening Enough to Sustain its Current Price Uptrend?
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Is Tezos' NFT Reawakening Enough to Sustain its Current Price Uptrend?

Tezos (XTZ) printed a new ATH over the weekend, rising on the back of its ongoing NFT rejuvenation.

Binance Labs Invests in nLRP Puffer for Enhanced Ethereum Staking
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Binance Labs Invests in nLRP Puffer for Enhanced Ethereum Staking

Binance Labs, Puffer, Ethereum Staking, DeFi, Liquid Restaking, EigenLayer, Blockchain Innovation, Decentralization, Cryptocurrency Investment, DeFi Development

Ethereum Launches ETH 2.0 Multiclient Testnet - Medalla
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Ethereum Launches ETH 2.0 Multiclient Testnet - Medalla

Ethereum software developers proudly launched the blockchain project they have been perfecting these past few months, the Ethereum 2.0 multiclient testnet, Medalla.

Winklevoss Backs Ethereum DeFi Craze, Despite Crypto Downtrend and Market Experts' Concerns
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Winklevoss Backs Ethereum DeFi Craze, Despite Crypto Downtrend and Market Experts' Concerns

With speculations that the decentralized finance (DeFi) industry is rapidly approaching bubble territory, the Winklevoss twins have vouched for the contrary, saying that the current DeFi craze is a revolution in the making.

PancakeSwap's CAKE Token Skyrockets by Over 50%
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PancakeSwap's CAKE Token Skyrockets by Over 50%

PancakeSwap's CAKE token experienced a 50% surge in a week, thanks to strategic token burn and a new supply cap proposal, marking a significant DeFi milestone.

FATF Updates its Guidance to Service Providers to Include DeFi
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FATF Updates its Guidance to Service Providers to Include DeFi

The Financial Action Task Force (FATF) has updated its guidance governing Virtual Assets and Virtual Asset Service Providers (VASPs) with the inclusion of decentralized finance (DeFi).

Five Reasons Behind Ethereum's Rally to Top $3000
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Five Reasons Behind Ethereum's Rally to Top $3000

Ethereum broke the $3,000 mark after a rocky April. Its market capitalization now surpasses that of the Bank of America.

Ethereum Devs Launch Spadina Testnet, What Needs to be Perfected for ETH 2.0?
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Ethereum Devs Launch Spadina Testnet, What Needs to be Perfected for ETH 2.0?

Ethereum developers have launched a short-term testnet, dubbed Spadina, in preparation for Ethereum 2.0 mainnet.

Listed DeFi Company AQRU unveils Crypto-collateralized Lending Service
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Listed DeFi Company AQRU unveils Crypto-collateralized Lending Service

UK-Based DeFi firm, ARQU has launched BlockLender to give clients access to crypto credits

BlockSec Launches Phalcon Fork for Private Chain Collaborative Testing
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BlockSec Launches Phalcon Fork for Private Chain Collaborative Testing

Blockchain security firm BlockSec has launched the Phalcon Fork toolkit for collaborative testing on private chains forked from the Ethereum mainnet. The toolkit provides more control for developers over testing, analysis, and debugging of transactions, while retaining services and states from the Ethereum mainnet. It also includes an integrated faucet for free fork network Ether (ETH) and Fork RPC for integration with Ethereum Virtual Machine-compatible development frameworks.

Scallop Protocol Secures $3 Million Funding
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Scallop Protocol Secures $3 Million Funding

Scallop Protocol, a leading DeFi platform on Sui Network, successfully raises $3M in strategic investment round for expansion.

How Does MakerDAO Stay Compliant on over 400 Global Partnerships?
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How Does MakerDAO Stay Compliant on over 400 Global Partnerships?

MakerDao has over 400 global partnerships active throughout the world. So how does Maker manage to remain compliant with users in over 120 separate and specifically financially regulated jurisdictions?

SushiSwap CEO Proposes New Token Model
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SushiSwap CEO Proposes New Token Model

SushiSwap's CEO, Jared Grey, is leading a community proposal to revamp the platform's tokenomics, aiming to improve reward efficiency, recalibrate incentives, and diversify revenue streams.

SushiSwap Receives 130,000 UNI Tokens from Uniswap, Crypto Community Outraged
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SushiSwap Receives 130,000 UNI Tokens from Uniswap, Crypto Community Outraged

Decentralized exchange platform Uniswap just launched its own governance token UNI today, and 130,000 UNI tokens were gifted to its hard fork SushiSwap.

SNX and AAVE Prices Remain Stable Amid Bitcoin Driven Market Dip
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SNX and AAVE Prices Remain Stable Amid Bitcoin Driven Market Dip

Despite the ongoing market correction, DeFi tokens Synthetix Network Token and Aave maintains stable price momentums.

OKEx Launches DeFi Hub with Integrated NFT Marketplace
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OKEx Launches DeFi Hub with Integrated NFT Marketplace

OKEx has launched a DeFi Hub with an integrated NFT Marketplace.

Jul 13 Trading Analysis: Dont confuse the lack of volatility with stability
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Jul 13 Trading Analysis: Dont confuse the lack of volatility with stability

BTC has been relatively unaspiring this weekend as ALTs continue to steal the limelight with LINK, Tezos, and Defi names making good gains. For example, ChainLink has hit an all-time high over the weekend with the market pundits citing near record network usage and mainstream adoption (over 45 partners since April). Strategy: Continue to load up BTC options 8-8.5k puts,,,,,

Skolem Raises $20m in Series A Funding to Enable Institutions Access DeFi
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Skolem Raises $20m in Series A Funding to Enable Institutions Access DeFi

The fundraise shows Skolem’s commitment to developing an easy way for institutions to access DeFi services, enabling firms to easily and reliably access new markets powered by decentralized finance.

Cypher Capital Rolls Out Worth $100m Blockchain and Digital Assets Fund
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Cypher Capital Rolls Out Worth $100m Blockchain and Digital Assets Fund

To expand the blockchain ecosystem, UAE-based venture capital firm Cypher Capital has launched a $100 million seed fund with a special interest in digital asset investments.

Uniswap v3 Protocol to Be Deploy to BNB Chain
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Uniswap v3 Protocol to Be Deploy to BNB Chain

80% of Uniswap users opted for BNB Chain's third decentralised exchange system. A "temperature check" determined community support. Five to seven weeks are needed to implement smart contracts.

Is Ethereum the Future of DeFi? Scalability and Cost Issues Open Door for Cardano and Polkadot
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Is Ethereum the Future of DeFi? Scalability and Cost Issues Open Door for Cardano and Polkadot

As Ethereum continues to struggle with scalability and cost—traders continue to question the limitations of the Ethereum network and whether it really is the future of Defi.

DeFi Reaches Record High of $13.7 Billion in Total Value Locked
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DeFi Reaches Record High of $13.7 Billion in Total Value Locked

The decentralized finance sector has reached a new all-time high of $13.69 billion in total value locked (TVL).

Yearn Finance (YFI) Sees New All-Time High at $18K—Why is this DeFi Token Valued Higher than Bitcoin?
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Yearn Finance (YFI) Sees New All-Time High at $18K—Why is this DeFi Token Valued Higher than Bitcoin?

Yearn.finance (YFI) token has seen a new all-time high, surging past $18K at $18,169, after soaring 30 percent in the past 12 hours.

Chainlink (LINK) Price Set to Reach New Highs This Quarter When Staking Goes Live
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Chainlink (LINK) Price Set to Reach New Highs This Quarter When Staking Goes Live

The oracle-based cryptocurrency has rallied to new highs, surging by over 9% in the past 24 hours, and over 40% in the past week.

Cardano Will Outperform Ethereum 2.0 in DeFi Says Hoskinson as ADA Price Surges
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Cardano Will Outperform Ethereum 2.0 in DeFi Says Hoskinson as ADA Price Surges

CEO Charles Hoskinson doubts the Ethereum 2.0 upgrade will result in higher throughput, better scalability, and more security highlighting Cardano’s superior design for DeFi.

Cryptocurrency Soars in Q1 2023
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Cryptocurrency Soars in Q1 2023

CoinGecko's Q1 2023 Crypto Industry Report shows Bitcoin as the best-performing asset, with a gain of 72.4%. DeFi and NFTs have also surged, while stablecoins saw a drop in market cap due to Binance USD shutdown and USDC depeg. The overall market capitalization reached $1.2 trillion at the end of Q1.

Ways DeFi is Changing Finance and its Stand in 2020
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Ways DeFi is Changing Finance and its Stand in 2020

Decentralized finance (DeFi) is the bridge between traditional centralized currency and decentralized cryptocurrencies like Bitcoin, Ethereum. Here's how it's changing finance.

Emerging Web3.0 Protocol Aligned Secures $34M in Venture Funding
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Emerging Web3.0 Protocol Aligned Secures $34M in Venture Funding

Aligned has announced it has secured the sum of $34 million from investors as it seeks to advance the reach of the emerging Web3.0 world.

Ondo Points Program Launches
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Ondo Points Program Launches

Ondo Foundation's new Ondo Points program and ONDO token unlock plan mark significant steps in community engagement and token utility in the DeFi sector.

Controversial Entrepreneur Sifu is Back with New DeFi Lending Protocol Forked from Aave
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Controversial Entrepreneur Sifu is Back with New DeFi Lending Protocol Forked from Aave

Sifu was the co-founder of the defunct Canadian crypto exchange QuadrigaCX and he has been implicated with several fraudulent deals in the past.

Uniswap Surpasses $2 Billion in Total Value Locked Amid KuCoin Hacker Dumping on the DEX
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Uniswap Surpasses $2 Billion in Total Value Locked Amid KuCoin Hacker Dumping on the DEX

Decentralized exchange platform Uniswap, recently became the first decentralized finance (DeFi) protocol to surpass $2 billion in total value locked (TVL).

MAS Launches First DeFi Pilot Tests with Polygon and Aave
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MAS Launches First DeFi Pilot Tests with Polygon and Aave

The Monetary Authority of Singapore has completed a pilot test on DeFi using Polygon and Aave

Jul 17 Trading Analysis: Even the best pandemic stock couldn't move the needle on earnings
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Jul 17 Trading Analysis: Even the best pandemic stock couldn't move the needle on earnings

BTC continues to snooze while ALTs continue to put on their dancing shoes with some DeFi names tracking double digit gains on a daily basis this week. If DeFi isn't enough, payments segment is also getting a bid on with Stellar making an announcement that they will be made available on Samsung mobile phones. So what if crypto celebrities and company twitter accounts got hacked, Bitcoin just had another free advertising campaign courtesy of these hackers. Bank of Thailand is also making greater progress in its central bank digital currency as it heads into Phase 3.

Euler Finance suffers $197M DeFi hack
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Euler Finance suffers $197M DeFi hack

Decentralized finance (DeFi) protocol Euler Finance lost nearly $197 million in a flash loan attack on March 13, impacting more than 11 other DeFi protocols. The vulnerability remained on-chain for eight months despite a $1 million bug bounty in place. Euler Finance disabled the vulnerable etoken module and vulnerable donation function, and has reached out to security firms and the ETH security community to help with the investigation and recover the stolen funds.

DeFi Reaches $12 Billion in Total Value Locked as Ethereum Transacts 2X More Than Bitcoin Daily
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DeFi Reaches $12 Billion in Total Value Locked as Ethereum Transacts 2X More Than Bitcoin Daily

The growth of the DeFi industry has led to an explosive increase in popularity in Ethereum-compatible stablecoins.

Curve Founder Michael Egorov Withdraws Near 12 Million CRV Tokens
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Curve Founder Michael Egorov Withdraws Near 12 Million CRV Tokens

Michael Egorov, the founder of Curve Finance, withdrew nearly 12 million CRV tokens, equivalent to $5.08 million, from the platform's vesting contracts on October 12, 2023. This move aligns with the vesting schedule of CRV, enabling Egorov to claim $235,000 worth of CRV daily.

Yearn.finance (YFI) Takes a Hit After Eminence Finance (EMN) Bug—Is this the End for DeFi?
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Yearn.finance (YFI) Takes a Hit After Eminence Finance (EMN) Bug—Is this the End for DeFi?

Andre Cronje, the founder of Yearn.finance has recently deployed a series of new contracts relating to a new game called Eminence Finance.

MakerDAO Votes to Bring Another Commercial Bank Into Its Ecosystem
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MakerDAO Votes to Bring Another Commercial Bank Into Its Ecosystem

MakerDAO is voting on adding a commercial bank.

Bluzelle Launch Looms as Decentralized Storage Goes Mainstream
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Bluzelle Launch Looms as Decentralized Storage Goes Mainstream

Bluzelle, the decentralized data storage platform, is preparing for the launch of its mainnet on February 3, ushering in a new era for censorship-resistant data storage.

Crypto Bloodbath Spills to DeFi as TVL Nosedives
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Crypto Bloodbath Spills to DeFi as TVL Nosedives

The DeFi Total Value Locked (TVL) has also plunged in tandem, dropping to $83 billion at the time of writing.

DeFi Suffers $21M in Losses from Exploits
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DeFi Suffers $21M in Losses from Exploits

Decentralized finance (DeFi) platforms lost at least $21 million in February due to a series of exploits including flash loan reentrancy attacks, price oracle attacks, and other hacks across seven protocols. Noteworthy incidents included the reentrancy attacks on Platypus Finance and dForce network, the price oracle attack on BonqDAO, and the smart contract exploit on Hope Finance. These incidents follow a report by Chainalysis revealing that DeFi platforms lost $3.1 billion to hacks in 2022.

DeFi Execs Argue KYC as Solution to Combat Money Laundering in the Industry
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DeFi Execs Argue KYC as Solution to Combat Money Laundering in the Industry

DeFi executives at the WOW Summit in Hong Kong endorse KYC as a solution to tackle AML issues and combat hackers laundering stolen funds into clean money. However, there are concerns that KYC alone will not solve all AML problems and that different mechanisms should be used for different solutions.

Cream Finance Promise to Refund Stolen Funds in its $462M Protocol Exploit
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Cream Finance Promise to Refund Stolen Funds in its $462M Protocol Exploit

Cream Finance has plans to refund victims of its latest network attack.

DeFiChain To Sponsor the National Fighting Championship in Germany
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DeFiChain To Sponsor the National Fighting Championship in Germany

DeFiChain, the world’s leading blockchain on the Bitcoin network dedicated to bringing decentralized financial applications and services to everyone, is delighted to announce that its community has voted to sponsor the National Fighting Championship (NFC) this year. The NFC is the German version of the widely known UFC, in charge of the mixed martial arts (MMA) fighting league in Germany.

0x Protocol's API is Live on Polygon Network
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0x Protocol's API is Live on Polygon Network

0x Project officially announced that its API is officially integrated with Polygon. The launch of the DEX liquidity API aims to expand this vibrant ecosystem Polygon.

Thetanuts Finance Grabs $18M Funding Round to Democratize DeFi Structured Products
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Thetanuts Finance Grabs $18M Funding Round to Democratize DeFi Structured Products

Thetanuts Finance raised the investment through the help of major investors. The decentralized finance firm plans to use the funds raised to make DeFi structured products accessible to all users, including retail investors.

Zero-gas DeFi Ecosystem XODEX Launches its Testnet
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Zero-gas DeFi Ecosystem XODEX Launches its Testnet

The zero-fee DeFi Ecosystem XODEX has announced the launch of its XODEX testnet, which will allow developers to integrate and transition their code deployed on the XODEX mainnet to the final implementation.

Why PancakeSwap is Eating Uniswap’s Lunch
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Why PancakeSwap is Eating Uniswap’s Lunch

If you’ve been paying attention to the decentralized exchange (DEX) landscape recently, then you have almost certainly seen that PancakeSwap has emerged from seemingly nowhere to become one of the largest DEXes by trading volume.

CFTC Report Underscores DeFi Risks and Calls for Action
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CFTC Report Underscores DeFi Risks and Calls for Action

The CFTC report on DeFi underscores significant risks to the U.S. financial system, national security, and consumer protection, emphasizing the need for increased understanding, regulation, and collaboration in the sector.

Ethereum Killers: Emerging Smart Contract Platforms to Rival ETH Dominance
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Ethereum Killers: Emerging Smart Contract Platforms to Rival ETH Dominance

While Ethereum dominance in decentralized finance (DeFi) cannot be denied, rival smart contract platforms the Ethereum Killers note significant value growth as well.

Ethereum Liquid Restaking Drives DeFi TVL to $100B in Q1 2024
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Ethereum Liquid Restaking Drives DeFi TVL to $100B in Q1 2024

DeFi TVL nearly doubled in Q1 2024, reaching $98 billion, partly due to Ethereum's liquid restaking initiatives. However, a recent crypto market pullback has led to a decline to $86.6 billion.

Curve Finance Launches MIM/crvUSD Pool on Arbitrum, Bolstering DeFi Ecosystem
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Curve Finance Launches MIM/crvUSD Pool on Arbitrum, Bolstering DeFi Ecosystem

Curve Finance's new MIM/crvUSD liquidity pool on Arbitrum marks a significant advancement in DeFi, offering enhanced liquidity and user experience. This strategic move leverages Arbitrum's layer 2 capabilities for faster, cost-effective transactions, underlining Curve's commitment to innovation and community-driven governance.

US District Judge Rules in Favor of Custodial Arrangement for bZx DAO Members
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US District Judge Rules in Favor of Custodial Arrangement for bZx DAO Members

A US district judge has ruled that bZx DAO transactions are custodial due to the ability for developers to upgrade a smart contract where the key is held by a single developer, as highlighted in a class-action lawsuit against bZx DAO and others. This may impact DeFi platforms that use multisigs and require them to obtain custody licenses to comply with the law.

Africa Blockchain University Partners with YIELD App to Enhance NFT Education
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Africa Blockchain University Partners with YIELD App to Enhance NFT Education

African artists are set to be enriched about the value they can get from the booming non-fungible tokens sector.

Yearn.finance Announces Partnership With Cream and New Lending Project: Stable Credit
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Yearn.finance Announces Partnership With Cream and New Lending Project: Stable Credit

Yearn.finance founder Andre Cronje has recently published details of an upcoming integration with Cream, a DeFi lending protocol.

Market Watch: Stock vs Crypto Performance, Tesla, Apple, Bitcoin and Ethereum Compared
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Market Watch: Stock vs Crypto Performance, Tesla, Apple, Bitcoin and Ethereum Compared

What it the correlation between crypto and the stock market? We analyze Nasdaq, Dow, Apple, Tesla, Microsoft, Bitcoin, Ethereum. Unlimited QE is the most important factor.

DeFi Platform Texture Secures $5M in Funds to Develop Yield Management Tools
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DeFi Platform Texture Secures $5M in Funds to Develop Yield Management Tools

DeFi protocol Texture Finance has tapped $5m in funding from P2P Capital amongst others.

Mango Labs Sues Avraham Eisenberg for $47 Million
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Mango Labs Sues Avraham Eisenberg for $47 Million

Mango Labs, the firm behind Mango Markets, has sued exploiter Avraham Eisenberg. The Jan. 25 complaint says Einseberg misused its platform for millions of dollars in cryptocurrency in 2022.

Total Bitcoin Locked in DeFi Spikes as Overall TVL Continues to Decline
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Total Bitcoin Locked in DeFi Spikes as Overall TVL Continues to Decline

As the Total Value Locked in DeFi plunges, Bitcoin investors appear to be saving their holdings in smart contracts amid price falloff.

DeFi Growth Could be Hindered if US Regulators Go After Decentralized Exchanges
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DeFi Growth Could be Hindered if US Regulators Go After Decentralized Exchanges

Recently many DeFi tokens have plunged drastically in the past few weeks, with Uniswap’s UNI token and Yearn.finance (YFI) plunging over 38 percent.

SushiSwap to Redirect Trading Fees to its treasury
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SushiSwap to Redirect Trading Fees to its treasury

SushiSwap will shortly transfer all trade fees to its treasury. 99.85% of voters "clawbacked" 10,936,284 unclaimed SUSHI ($14.8 million) tokens.

Crypto Market Onslaught Stretches to DeFi as TVL Slumps to $114bn
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Crypto Market Onslaught Stretches to DeFi as TVL Slumps to $114bn

With a broad-based caution being exercised by investors with regards to risk assets, there has been a massive outflow of funds from DeFi protocols as many investors anticipate calm to re-engulf the ecosystem.

Origin Protocol Puts $1 Million Bounty on Hacker As OUSD Stablecoin Loses Stability
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Origin Protocol Puts $1 Million Bounty on Hacker As OUSD Stablecoin Loses Stability

Origin has now announced a $1 million bounty reward for anyone who can bring the hacker responsible for destabilizing its stablecoin to justice.

PwC Global Crypto Leader Henri Arslanian on the Future of the Crypto Ecosystem
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PwC Global Crypto Leader Henri Arslanian on the Future of the Crypto Ecosystem

Henri Arslanian, the PwC Global Crypto Leader, Chairman of the FinTech Association of Hong Kong, is the highest-profile FinTech consultant in Hong Kong according to Chambers Global. Blockchain.News interviewed Arslanian at the Asian Financial Forum held in Hong Kong earlier this month, where he was invited to speak on the development of FinTech. The Asian Financial Forum brought over 3,500 speakers and influential financial experts, policymakers, and business leaders.  

ShapeShift Responds to Elizabeth Warren
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ShapeShift Responds to Elizabeth Warren

Shapeshift responded to Senator Warren's Valentine's Day Senate hearing statements on Twitter on Feb. 19.

Aevo Announces 30M $AEVO Airdrop with Rewards for Active and New Users
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Aevo Announces 30M $AEVO Airdrop with Rewards for Active and New Users

Aevo, a burgeoning name in the decentralized finance (DeFi) landscape, has just announced a significant airdrop event, scheduled for March 13, 2024.

Committee Appointed to Represent Unsecured Creditors in Genesis Global bankruptcy
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Committee Appointed to Represent Unsecured Creditors in Genesis Global bankruptcy

In the Genesis Global bankruptcy case, unsecured creditors have a seven-member committee.

AAVE Price Analysis: AAVE Fails To Sustain Support At $200
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AAVE Price Analysis: AAVE Fails To Sustain Support At $200

Aave price has dropped below the $200 support level it has held for days. Technical indicators show that more imminent dips are likely.

Fundraising by Crypto Companies Accounts for $8.2B in Q3
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Fundraising by Crypto Companies Accounts for $8.2B in Q3

A study says that as cryptocurrencies continue gaining steam, crypto companies raised capital worth $8.2 billion in the third quarter of 2021.

Total Value Locked in DeFi Jumps to $208 Billion with Ethereum Taking the Lion’s Share
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Total Value Locked in DeFi Jumps to $208 Billion with Ethereum Taking the Lion’s Share

According to DefiLlama, a ranking and metrics provider for DeFi protocols, the total value locked (TVL) in this sector stands at $208.03 billion.

Altcoin Price Analysis: XRP and AAVE
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Altcoin Price Analysis: XRP and AAVE

This piece analyzes the short-term price actions and momentum of XRP token and Aave protocol.

The DeFi space is on a path of steady recovery as good actors
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The DeFi space is on a path of steady recovery as good actors

Yearn.finance, MakerDAO, SushiSwap, and Aave were among 30 protocols engaged.

DeFi Protocol Harvest Finance Put Out $100K Bounty After $24M Attack, FARM Token Crashes
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DeFi Protocol Harvest Finance Put Out $100K Bounty After $24M Attack, FARM Token Crashes

Harvest Finance is taking the offensive against an alleged attacker who exploited the DeFi protocols liquidity pools—putting a $100K bounty on the hacker.

Cosmos Hub Postpones Vote Date On New Security Model Proposal
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Cosmos Hub Postpones Vote Date On New Security Model Proposal

After two respective postponements, the Cosmos' vote date to approve proposed changes to the network’s Hub has now been fixed to October 31.

Galaxy Digital Invests $44 Million Into Institutional Cryptocurrency
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Galaxy Digital Invests $44 Million Into Institutional Cryptocurrency

Galaxy Digital invests $44 million in institutional bitcoin custody platform GK8 to integrate its asset storage and management capabilities.

Cosmos Hub Votes to Reduce ATOM Inflation Rate to 10%
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Cosmos Hub Votes to Reduce ATOM Inflation Rate to 10%

Cosmos Hub proposes reducing ATOM inflation rate from 14% to 10%, lowering annual staking yield from 19% to 13.4%, optimizing security expenses and introducing a liquid staking module.

Hedging, Staking and Saving - The Signs that Point to a Maturing DeFi Market
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Hedging, Staking and Saving - The Signs that Point to a Maturing DeFi Market

DeFi is currently on a maturity curve comparable to the same one that the cryptocurrency markets have undergone over recent years.

Ethereum (ETH) and XRP Price Gains Dwarfed Bitcoin Rally, Which Cryptos beat BTC in 2020?
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Ethereum (ETH) and XRP Price Gains Dwarfed Bitcoin Rally, Which Cryptos beat BTC in 2020?

Despite the BTC price gaining over 150% in 2020, BTC has been dwarfed by the price increases of other altcoins—including Ethereum (ETH) and Ripple’s XRP token.

What Caused Ripple XRP to Crash After Spark Airdrop and What It Will Take for Its Price to Surge Again
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What Caused Ripple XRP to Crash After Spark Airdrop and What It Will Take for Its Price to Surge Again

Although market watchers were expecting Ripple’s XRP trade higher following Flare Networks’ airdrop, the cryptocurrency did the opposite and crashed instead.

$1.19B Deficit Hole Listed on Balance Sheet: Celsius Network
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$1.19B Deficit Hole Listed on Balance Sheet: Celsius Network

A 61-page filing showed Celsius Network with a liability of $5.5 billion, including a $4.7 billion loss from their clients. The Chief executive attributed it to its poor asset deployment decisions.

$250,000 BTC: Kraken Survey Shows Investors are Bullish on Bitcoin, Altcoins and DeFi in 2021
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$250,000 BTC: Kraken Survey Shows Investors are Bullish on Bitcoin, Altcoins and DeFi in 2021

The latest Kraken VIP sentiment survey reflects how investors think the crypto sector might evolve in 2021. Some are projecting the BTC price as high as $250,000.

DeFi Technologies Inc's Subsidiary Valour Owns over $274m in AUM
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DeFi Technologies Inc's Subsidiary Valour Owns over $274m in AUM

DeFi Technologies Inc announced Wednesday that its subsidiary Valour records $274 million in assets under management (AUM).

DeFi - Find Out What's Happening in Macau on This Exciting Topic
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DeFi - Find Out What's Happening in Macau on This Exciting Topic

DeFi is explored in Macau by some of the leading names in this space. The FinWise Summit is second to none in delivering quality content at a fast pace

Why Uniswap's First Governance Proposal Failed, Although 98% Were in Favor
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Why Uniswap's First Governance Proposal Failed, Although 98% Were in Favor

The first governance vote for decentralized exchange Uniswap has ended in defeat, although the proposal has attracted 98 percent of supporting votes.

Interchain Foundation to Spend $40 Million on Cosmos Ecosystem Development
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Interchain Foundation to Spend $40 Million on Cosmos Ecosystem Development

The ICF supports adoption initiatives like Interchain Builders and Interchain NFTs while emphasizing core development.

Bitcoin and the Crypto Market Could Go Down Again—Market Recap and Price Analysis
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Bitcoin and the Crypto Market Could Go Down Again—Market Recap and Price Analysis

Both the stock and crypto market could go down, the bitcoin price appears ready to drop.

Greater Bay Area Blockchain Week 2021 to Bring Global Attention to Blockchain Innovation
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Greater Bay Area Blockchain Week 2021 to Bring Global Attention to Blockchain Innovation

Being one of the world’s fastest growing tech hubs, Greater Bay Area (GBA) attracts audiences passionate about smart technology applications for business, education, and finance to come together for the premier international virtual event.

Uniswap's Front-End Fees Surpass $1 Million
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Uniswap's Front-End Fees Surpass $1 Million

Uniswap's front-end fees exceed $1 million in 24 days, contributing 17.4% to its total fees, with an estimated annual revenue of $15.2 million.

Will DeFi Migrate to New Blockchain Platforms with the Surge in Ethereum Gas Prices?
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Will DeFi Migrate to New Blockchain Platforms with the Surge in Ethereum Gas Prices?

The rise of DeFi in 2020 has made experts question whether Ethereum could sustain the sheer volume of transactions in the long run.

Yearn.finance Takes Pickle Finance Protocol Onboard to Enhance DeFi Rewards
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Yearn.finance Takes Pickle Finance Protocol Onboard to Enhance DeFi Rewards

Leading DeFi protocol Yearn.finance has absorbed Pickle Finance to create a structure that will leverage shared expertise, boost specialization, and minimize work duplication.

TRON Credited with Powering Record USDT Growth
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TRON Credited with Powering Record USDT Growth

With all the speculation around future growth of cryptocurrency protocols, it can be hard to gauge fundamental network health accurately. However, one metric that never fails is user adoption, an indicator that can be measured onchain. When applied to TRON, this metric shows that the network’s user base is proliferating very rapidly, with USDT accounting for a significant tranche of all onchain activity.

Ethereum Gas Fees Hit a Monthly Low - Could this Trigger an ETH Uptrend?
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Ethereum Gas Fees Hit a Monthly Low - Could this Trigger an ETH Uptrend?

New data by on-chain data provider Glassnode notes that the total Ethereum gas fees paid have hit a monthly low of $666,735.56.

The Wormhole hack: hacker shifts $155 million
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The Wormhole hack: hacker shifts $155 million

On January 23, a DEX received $155 million in Ether. The Wormhole attack, which lost 120,000 Wrapped ETH on Feb. 2, was 2022's third biggest crypto heist.

DeFi Lending Protocol Compound Launched its Compound III Version
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DeFi Lending Protocol Compound Launched its Compound III Version

Defi lending protocol Compound announced that Compound III (V3)was officially launched on the Ethereum mainnet.

Nested Raises a $7.5M Seed Funding, Expanding  DeFi Social Trading Products & Network
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Nested Raises a $7.5M Seed Funding, Expanding DeFi Social Trading Products & Network

Nested wants to use the funds raised to fuel its DeFi social trading platform’s product offering and network across the world.

Ethereum’s Top 10 Non-Exchange Whale Addresses Surge, NFT's Google Search Volume Up Exponentially
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Ethereum’s Top 10 Non-Exchange Whale Addresses Surge, NFT's Google Search Volume Up Exponentially

Ethereum non-exchange whales have been accumulating more coins, which signifies a holding culture.

Tackling DeFi Scams: Making Pre-sale Ecosystems Safer
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Tackling DeFi Scams: Making Pre-sale Ecosystems Safer

Investors are aware that “rug pull” scams have negatively affected the reputation of the DEFI/DEX space in recent times. But liquidity protocols could be an effective solution.

Yearn Finance (YFI) Surges to 3X the Value of Bitcoin, Reaching Another All-Time High in Anticipation of yETH launch
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Yearn Finance (YFI) Surges to 3X the Value of Bitcoin, Reaching Another All-Time High in Anticipation of yETH launch

Yearn.finance (YFI) token has seen a new all-time high, reaching $39,600 on Binance, just a day after its previous new high of $38,000. What's behind the surge?

Ethereum Crosses $1,900 For the First Time in Its History as Total Value Locked in ETH 2.0 Hits All-Time High
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Ethereum Crosses $1,900 For the First Time in Its History as Total Value Locked in ETH 2.0 Hits All-Time High

New data by Santiment reveals that the number of whale addresses holding at least $10,000 ETH ballooned to 1,287 on Valentines Day and this has been pivotal in triggering Ethereum's uptrend.

What are NFTs?
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What are NFTs?

A non-fungible token (NFT) is a special type of encrypted token that represents unique things such as encrypted art, digital collectibles, and online games.

Defi Tranche Protocol Receives $1.5M Seed Round of Financing led by Three Arrows Capital and Spartan Group
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Defi Tranche Protocol Receives $1.5M Seed Round of Financing led by Three Arrows Capital and Spartan Group

Defi chess-themed Tranchess protocols received a $1.5 million seed round of financing led by Three Arrows Capital and Spartan Group.

Platypus Finance Suffers Exploit Resulting in Over $2M Loss
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Platypus Finance Suffers Exploit Resulting in Over $2M Loss

Platypus Finance, a DeFi protocol on the Avalanche blockchain, suffered an exploit on 12th October 2023, leading to a loss of over $2 million. The protocol had temporarily suspended all pools due to suspicious activities and is working towards resolving the issue. Blockchain security firm PeckShield Inc identified and disclosed the exploit, underscoring the need for enhanced security measures in the DeFi space.

Polygon Announces the Launch of a Direct Bridge by Ren Protocol
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Polygon Announces the Launch of a Direct Bridge by Ren Protocol

Polygon’s official Twitter announced to launch a direct bridge to Polygon by Ren open protocol.

Bringing Bitcoin to Ethereum: Wrapped Bitcoin Surpasses $1 Billion in Total Value Locked
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Bringing Bitcoin to Ethereum: Wrapped Bitcoin Surpasses $1 Billion in Total Value Locked

Decentralized finance (DeFi) keeps booming as one of its Bitcoin tokenization protocols recently skyrocketed by 900% in a span of two months.

Six Cryptocurrency Trends to Watch in 2020
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Six Cryptocurrency Trends to Watch in 2020

A quick look at some of the main developments and events on the horizon that are set to shape the digital asset market throughout 2020.

Equilibrium and Chainlink to Power Synthetic Assets and Stablecoins on Polkadot
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Equilibrium and Chainlink to Power Synthetic Assets and Stablecoins on Polkadot

Equilibrium has chosen Chainlink, a tokenized oracle network, to power synthetic assets, lending, and stablecoins using its smart contracts.

Interoperability Protocol LayerZero Labs Secures $135m Investment
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Interoperability Protocol LayerZero Labs Secures $135m Investment

Decentralized full-chain interoperability protocol LayerZero Labs has secured a $135 million investment co-led by Sequoia Capital, FTX Ventures and Andreessen Horowitz.

CITD to Issue HK$100 Million Bonds Utilizing Blockchain
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CITD to Issue HK$100 Million Bonds Utilizing Blockchain

China Information Technology Development Limited (CITD) (HKEX: 8178), a leading technology company specializing in AI and cloud technologies, has announced its plan to issue HK$100 million worth of Bonds using distributed ledger technology (DLT). The proposed issuance aims to revolutionize the bond market by leveraging blockchain and smart contract technologies.

NFT-collateralized Loan Platform Arcade Raises $15M in Series A Financing
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NFT-collateralized Loan Platform Arcade Raises $15M in Series A Financing

Focusing on using NFT as loan collateral, Arcade raised US$15 million in Series A financing which was led by Pantera Capital, Castle Island Ventures, and Franklin Templeton Blockchain Fund.

Ethereum’s Daily Transaction Volume is Going Parabolic Surpassing Bitcoin by $3 Billion
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Ethereum’s Daily Transaction Volume is Going Parabolic Surpassing Bitcoin by $3 Billion

Ethereum's daily transaction volume is going parabolic. It now settles $12 billion in transactions daily - $3 billion more than Bitcoin.

Polygon Network Contemplating the Idea of Creating DAOs
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Polygon Network Contemplating the Idea of Creating DAOs

Polygon is looking to build a DAO to harmonize its growing ecosystem.

DWF Ventures Explores Innovations in Perpetual DEXs Landscape
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DWF Ventures Explores Innovations in Perpetual DEXs Landscape

DWF Ventures delves into perpetual DEXs, emphasizing the blend of decentralization and innovation. The discourse spans from perpetuals' inception in 2016 to notable DEX protocols like dYdX and HyperliquidX advancing the ecosystem. The narrative underscores the continuous innovation and the anticipation for future advancements in the perpetual DEX landscape.

3 Reasons Behind the Recent Crypto Market Crash—Why Bitcoin Price Dropped $600
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3 Reasons Behind the Recent Crypto Market Crash—Why Bitcoin Price Dropped $600

The Bitcoin price started to plunge in coincidence with our report of the Korean police raiding Korea’s largest cryptocurrency exchange Bithumb for fraud. 

Ethereum Gas Fees Surge to a Monthly High, Supply on Exchanges Continues to Decline
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Ethereum Gas Fees Surge to a Monthly High, Supply on Exchanges Continues to Decline

Ethereum's total fees has hit a monthly high of 746.026 ETH.

Mango Markets Hacker Says He 'Did Nothing Wrong'
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Mango Markets Hacker Says He 'Did Nothing Wrong'

Avraham Eisenberg explained how profitable traders like him attract jealousy and hate.

$2 Million Worth of Cryptocurrency Lost in Dexible Hack
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$2 Million Worth of Cryptocurrency Lost in Dexible Hack

One of Dexible's founders lost $50,000 in bitcoin.

Ethereum Transaction Fees Record Lowest Price Since Beginning of DeFi Boom
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Ethereum Transaction Fees Record Lowest Price Since Beginning of DeFi Boom

Ethereum transaction fees recorded its lowest price since July, when the decentralized finance (DeFi) boom began. What does this mean?

DappRadar—Redefining Accuracy and Transparency in the State of Dapps
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DappRadar—Redefining Accuracy and Transparency in the State of Dapps

Skirmantas Januskas is the CEO and founder of DappRadar a website that lists the best Ethereum Dapps and ranks them by DAU (Daily Active Users) showing the authentic acceptance and usability of Dapps. DappRadar recently added full token tracking for EOS Dapps which has reportedly uncovered that the EOS Dapp ecosystem may be undervalued by 1 billion dollars.

Ethereum Transactions Hit A Record-High of 1.4 Million
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Ethereum Transactions Hit A Record-High of 1.4 Million

The Ethereum network has reached a notable milestone in its daily transactions after hitting an all-time high of 1,406,016 as availed by Etherscan data on September 17. It broke the previous record of 1.35 million attained on January 4, 2018.

Base Layer-2 Protocol Shatters DEX Trading Volume Record with $1.21B Surge
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Base Layer-2 Protocol Shatters DEX Trading Volume Record with $1.21B Surge

Base, a prominent layer-2 Ethereum scaling solution, set a new trading volume milestone of $1.21 billion on decentralized exchanges, spearheaded by activity on Uniswap.

Platypus Launches Native Stablecoin USP
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Platypus Launches Native Stablecoin USP

Platypus Finance is launching USP, a protocol-native stablecoin. USP’s deployment has emerged from Platypus’ goal of improving capital efficiency for its users. USP also resolves long-running collateral issues associated with stablecoins. The native Platypus Finance stablecoin has been designed to reduce the liquidity fragmentation and scattered assets that are endemic to many protocols.

SkyLaunch Plans to Collaborate with Polygon to Boost Crypto Projects
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SkyLaunch Plans to Collaborate with Polygon to Boost Crypto Projects

To tackle issues and support the aim of a decentralized finance ecosystem, SkyLaunch birthed the vision to become a multi-chain initial Decentralized offering platform that will bring changes to the ecosystem.

China Promotes DeFi and Ethereum on CCTV, But Isn't Crypto Banned?
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China Promotes DeFi and Ethereum on CCTV, But Isn't Crypto Banned?

A segment on China's CCTV appeared to actively promote Etheruem and DeFi, but isn't Beijing anti-crypto?

Ethereum Has Vastly Outperformed Tech Stocks With a Staggering 171% ROI
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Ethereum Has Vastly Outperformed Tech Stocks With a Staggering 171% ROI

Ethereum's price drop hasn’t dampened its spirits to offer an impressive return on investment (ROI) so far this year compared to tech stocks like Microsoft, Facebook, and Apple.

Could Current DeFi Rebound be Indicative of Broader Market Revival?
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Could Current DeFi Rebound be Indicative of Broader Market Revival?

The growth of the DeFi subsector is quite unusual as the combined market cap had a 0.69% growth over the same time frame.

Polygon Surges by 2600% on a Year-to-Date Basis as Adoption of Layer 2 Accelerates
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Polygon Surges by 2600% on a Year-to-Date Basis as Adoption of Layer 2 Accelerates

Polygon's rate of return is very impressive, rising by more than 2600%, from $0.0178 to $0.468 since the beginning of 2021.

dYdX Community Votes to Stake $61M in DYDX Tokens for Enhanced Security
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dYdX Community Votes to Stake $61M in DYDX Tokens for Enhanced Security

The dYdX community overwhelmingly approved a proposal to stake 20 million DYDX tokens with Stride to boost the protocol's security as DEX activities rise.

Nansen CEO Predicts Six Key Trends in Crypto
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Nansen CEO Predicts Six Key Trends in Crypto

Nansen.ai CEO, Alex Svanevik, outlined six pivotal crypto trends on Twitter, emphasizing the synergy of fintech and crypto, DeFi's potential in gambling, the growing relevance of real-world assets like T-bills, the impending rise of Web3 gaming, SocialFi's development, and Physical NFTs' retail integration. The thread also welcomed community input, reflecting on other emerging trends like blockchain in fantasy sports.

Hacker Turns Hero? All Stolen Funds from the Poly Network Have now Returned
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Hacker Turns Hero? All Stolen Funds from the Poly Network Have now Returned

The Poly Network is set to start a new journey as its protocol exploiter has now returned all of the stolen funds

Robinhood Wallet Joins Forces with Arbitrum (ARB) to Enhance Layer 2 Access
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Robinhood Wallet Joins Forces with Arbitrum (ARB) to Enhance Layer 2 Access

Robinhood Wallet partners with Arbitrum to offer users seamless swaps on Layer 2, enhancing DeFi accessibility and experience.

PancakeSwap Rebounds Higher as KeyFi DeFi Token Launches on its Platform
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PancakeSwap Rebounds Higher as KeyFi DeFi Token Launches on its Platform

KeyFi DeFi Platform is launching its KeyFi token on PancakeSwap. CAKE has had an amazing performance in the past week, rising by 55.60%.

The Importance of NFTs in the Web3 industry
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The Importance of NFTs in the Web3 industry

NFT token sales increased 67.57% to 101 million last year. DappRadar's Web3 adoption analysis found huge transaction growth in the Solana and ImmutableX ecosystems.

Lido DAO Faces Class-Action Lawsuit Over LDO Token Alleged to be Unregistered Security
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Lido DAO Faces Class-Action Lawsuit Over LDO Token Alleged to be Unregistered Security

A class-action lawsuit against Lido DAO alleges its LDO token is an unregistered security, claiming responsibility for investor losses following the token's price decline.

Decentralized Lending Platform Cream Finance Announces Integration with Polygon Network
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Decentralized Lending Platform Cream Finance Announces Integration with Polygon Network

Decentralized lending platform Cream Finance officially announced integrating with Polygon by launching its money markets on the Ethereum layer 2 scaling solution Polygon network.

Total value locked in Ethereum-based Decentralized exchange
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Total value locked in Ethereum-based Decentralized exchange

After community approval, Boba Network will instal Uniswap v3 as the sixth chain.

MakerDAO May Onboard USDC as DAI Collateral Support to Combat Mounting Liquidity Risk
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MakerDAO May Onboard USDC as DAI Collateral Support to Combat Mounting Liquidity Risk

The share plunge of the cryptocurrency market has severely hit MakerDAO, the leader in the decentralized finance (DeFi) ecosystem. Last week its market value fell sharply from 889M to $246M which brought together Maker’s developer community who have recently discussed adding support for Circle’s USDC as collateral to hedge against the liquidity risk.

Ethereum Accounts for Nearly Half of the Trading Volume on Top Exchanges
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Ethereum Accounts for Nearly Half of the Trading Volume on Top Exchanges

Ethereum accounts for almost half of the trading volume on top exchanges compared to a quarter a year ago.

Fantom's Evolution: From Technical Innovations to Ecosystem Expansion
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Fantom's Evolution: From Technical Innovations to Ecosystem Expansion

Fantom continues to innovate despite facing challenges in its DeFi ecosystem. With planned technical upgrades and a focus on growing its developer community, the network aims for a robust and diversified blockchain ecosystem.

The US SEC Charges DeFi Money Market and Founders with Fraudulent $30 Million Offerings
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The US SEC Charges DeFi Money Market and Founders with Fraudulent $30 Million Offerings

The US Securities and Exchange Commission has issued its first case involving the decentralized finance market by charging the founders of DeFi Money market for raising $30 million through fraudulent offerings.