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Nalezeno "what is DeFi": 9992

Metaplex Foundation joins Mutant Labs to launch MPL-404 on Solana


Metaplex Foundation introduces the MPL-404, an infrastructure and on-chain protocol.  It is designed to facilitate the transition of fungible and non-fungible assets, which is described as the hybrid DeFi. Nevertheless, Mutant Labs’ SPL-404, a top hybrid DeFi benchmark on Solana, will now...

Solana validators approve 100% priority fee distribution: Key details


The adoption of a major proposal, SIMD-0096, marks a recent development in the Solana network. The distribution of priority fees is intended to be altered by this new proposal, which was approved by 77% of the validators. In the past, these fees were divided into equal halves. One half...

Normie Team Negotiates 90% Fund Return After $41.7M Market Cap Plunge


After a 100% plunge in the price of $NORMIE following a smart contract exploit, the Normie memecoin team mulls negotiating with the accused hacker to recover 90% of the stolen funds. The post Normie Team Negotiates 90% Fund Return After $41.7M Market Cap Plunge appeared first on Cryptonews

Uniswap takes a step toward strengthening decentralized governance


Uniswap has announced plans to implement a new fee distribution mechanism if it receives the necessary approvals by May 31, 2024. It has further highlighted key figures from financial disclosures. What makes these developments imperative is that they come at a time when Uniswap is in the middle...

Kelp DAO Secures $9 Million in Private Sale to Boost Defi Expansion


Kelp DAO, a liquid restaking platform, has completed a private funding round, amassing $9 million to propel its growth in the decentralized finance (defi) sector. The funding aims to enhance the platform’s capabilities and expand into new ecosystems, including Solana and Bitcoin. Restaking...

Blast Blockchain attains sixth position among big-time players


Blast blockchain now holds the sixth position amongst the big-time players in the industry with regard to DeFi assets. It is seemingly gaining the attention of added builders and users towards itself. Its total value locked (TVL) has reached over $1.9 billion. Business houses such as Ethereum...

Uniswap Challenges SEC Wells Notice, Defends Autonomous Protocol


Uniswap Labs has responded to the U.S. Securities and Exchange Commission’s Wells Notice, asserting that its protocol does not fall under the agency’s regulatory jurisdiction. The response emphasizes the autonomous nature of Uniswap’s decentralized finance (defi) technology and argues against...

Vitalik Buterin Transfers $295K in Ethereum to Privacy Protocol Railgun


Ethereum co-founder Vitalik Buterin has transferred 79.997 ETH (over $295,000) to the privacy protocol Railgun. Buterin Supports Railgun With $295K Ethereum Transfer According to onchain data, Ethereum co-founder Vitalik Buterin transferred more than $295,000 worth of ethereum, approximately 79.997...

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