Search
Zilliqa shares current developments shaping its ecology
16.4.2024
The Zilliqa ecosystem experienced noteworthy advancements in March 2024, which served as evidence of the platform’s ongoing expansion and aptitude for novelty. This month-long summary of Zilliqa’s highlights and successes sheds light on the platform’s ecosystem and its impact...
Liquid Staking Derivatives Lose Ground With Over 380,000 ETH Withdrawn in April
15.4.2024
Following a significant downturn in March, liquid staking derivatives (LSD) protocols experienced another withdrawal of 380,000 ether, valued at roughly $1.17 billion, from leading LSD platforms since April 1, 2024. Ethereum Exodus: $1.17 Billion Pulled From LSD Platforms In the initial two weeks...
DeFi-Focused Berachain Raises $100M in Funding Round Led by Brevan Howard Digital
15.4.2024
Decentralized finance (DeFi) -focused Layer 1 blockchain platform Berachain, announced it has secured $100 million in a funding round led by Brevan Howard Digital and Framework Ventures.
The post DeFi-Focused Berachain Raises $100M in Funding Round Led by Brevan Howard Digital appeared first...
Free Tesla giveaway puts Octoblock DeFi at the forefront in BNB Smart Chain
14.4.2024
With many investors looking for the best crypto to buy now, Octoblock’s innovative offerings, including its Tesla giveaway, are setting it at the forefront of the BNB Smart Chain. What is BNB Smart Chain? The BNB Smart Chain (BSC) is a layer-1 blockchain platform that supports smart contracts...
EigenLayer introduces six new Actively Validated Services
12.4.2024
EigenLayer’s AVS mainnet launch marks a significant milestone in the development of Ethereum staking systems. Active validation services, or AVS, are critical for increasing the security and effectiveness of blockchain networks. EigenLayer restakers manage and secure these services, which...
Can more Solana news drive price higher, or will BSC DeFi narrative takeover?
12.4.2024
Solana news on developments and announcements helped the SOL price recover from its death knell in the past. Meanwhile, the momentum rallied by DeFi on Binance Smart Chain projects is so intense that it’s taking over the crypto market. New projects like Octoblock, with hot presales...
Is Uniswap Going to Zero? UNI Price Drops 20% After SEC Scrutiny as This Other Coin Prepares for Exchange Launch
12.4.2024
The price of DeFi exchange Uniswap’s native token UNI is 15% lower than it was this time last week following yesterday’s news that the US SEC may launch a potential enforcement action against it for alleged securities law violations. UNI currently trades at $9.08, which makes for...
Chainlink banks on cross-chain transfer and optimum pricing to drive adoption
12.4.2024
Chainlink has laid down ways in which it is aiming to boost CCIP adoption. One, the plan is to rely on cross-chain transfer, not solely though. Second, implement an optimized pricing method. While cross-chain transfer comes as a boon for ETH and other token transfers, optimized pricing is aimed...
Uniswap Labs and Across offer a standard for cross-chain intents
12.4.2024
Uniswap Labs, the team behind the world’s leading decentralized exchange (DEX), and Across, a blockchain interoperability protocol, have jointly proposed a groundbreaking initiative: establishing a standard for cross-chain intents. This collaborative effort aims to streamline and standardize...
Yala Unveils Vision to Revolutionize DeFi With Bitcoin
12.4.2024
PRESS RELEASE. [Singapore, April 12th 2024] Yala, a liquidity and stablecoin protocol, is excited to unveil its new vision for the future “to create a thriving, open ecosystem that unlocks the full potential of DeFi on Bitcoin”. This ambition reflects Yala’s dedication to catalyzing mass...
The SEC’s Suit Against Unswap Is an Opening Attack Against DeFi
11.4.2024
The DEX received a Wells Notice from the regulator, suggesting an enforcement action is imminent. While we don’t know the nature of the potential charges, the news raises the threat of legal jeopardy for decentralized finance
Chaos at MarginFi Shakes up Solana DeFi's Borrow-and-Lend Landscape
11.4.2024
Solend and Kamino were the biggest winners in the Solana DeFi landscape
First Digital Labs to Launch FDUSD on L1 Blockchain Network Sui
11.4.2024
The stablecoin issuer First Digital Labs has announced its intention to debut its dollar-pegged token FDUSD on the Sui network. This collaboration is described as a “strategic alliance aimed at enhancing liquidity and efficiency of transactions.” FDUSD to Integrate With Sui Blockchain...
DeFi Exchange Uniswap Receives Enforcement Notice from the SEC
10.4.2024
Decentralized crypto exchange Uniswap received a notice from the U.S. Securities and Exchange Commission (SEC) that it intends to pursue an enforcement action, the company disclosed on Wednesday
Uniswap Labs Receives SEC Wells Notice, Founder Vows to Fight
10.4.2024
In a recent social media post, Hayden Adams, the founder of Uniswap Labs, announced that the company has received a Wells notice from the Securities and Exchange Commission (SEC), expressing his disappointment and determination to contest the notice. SEC Sends Decentralized Exchange Uniswap a Wells...
DeFi analyst says missing out on new cFyF OCTO tech could “Ruin” a portfolio
10.4.2024
A top DeFi analyst underscores the importance of keeping abreast with new decentralized finance like cFyF OCTO Tech, as one could be missing out on the best crypto for 2024. Staying informed on the latest advancements is crucial for investors looking to maximize their returns and mitigate risks....
Raindex unveils debut on Flare Network, empowering decentralized CEX-style trading
10.4.2024
Raindex, a pioneering decentralized exchange (DEX), has officially launched on the Flare Network, introducing a novel approach to decentralized trading that mirrors the user experience of centralized exchanges (CEX). This milestone represents a significant leap forward in the evolution...
Filecoin Staking Protocol Core Team Detained by Chinese Police; $22 Million in FIL Tokens Sent to Unknown Address
10.4.2024
STFIL, the Filecoin liquid staking protocol, believes its core technical team is being investigated by the Chinese police. The STFIL team said it also recently detected abnormal and unscheduled upgrades to the protocol. During the core technical team’s detention, FIL tokens worth over...
Swell enhances transparency with Chainlink Proof of Reserve
10.4.2024
Swell incorporates Chainlink Proof of Reserve (PoR) on Ethereum to offer on-chain clarity revolving around the reserves related to rswETH, a liquid staking token. Additionally, Chainlink will support Swell L2, a forthcoming Layer 2 meant for restaking with Chainlink CCIP. These incorporations help...
Hong Kong-Based First Digital's $3B Stablecoin Arrives to Sui Network in DeFi Push
10.4.2024
FDUSD has quickly become the fourth-largest stablecoin since its launch in July under Hong Kong's digital asset regulations, benefitting from crypto exchange giant Binance's trading promotion