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Socialfi Expands Satoshi Nakamoto’s Vision of a Defi System to Social Media, Says Kevin Lu
27.3.2024
According to Kevin Lu, social finance, or “socialfi” — a combination of social media and decentralized finance — is an innovation that extends Satoshi Nakamoto’s vision of a decentralized financial system to social media. Although it’s not intended to replace today’s traditional social...
Hashdex, Tidal’s Spot Bitcoin ETF to Begin Trading Today
27.3.2024
Hashdex Asset Management and Tidal Investments spot Bitcoin exchange traded fund (ETF) will begin trading later today in the U.S. under the ticker symbol DEFI.
The post Hashdex, Tidal’s Spot Bitcoin ETF to Begin Trading Today appeared first on Cryptonews
Badgerdao Introduces a New Ether-Backed Synthetic Bitcoin Token
26.3.2024
Badgerdao, in partnership with Lido, has unveiled eBTC, an ether-backed synthetic bitcoin token aimed at enhancing the decentralization and capital efficiency of borrowing bitcoin in the decentralized finance (defi) space. Badgerdao and Lido Forge Partnership to Launch eBTC Badgerdao,...
Memecoins are making a move from Solana to Base: $64.1 billion market cap
26.3.2024
15 out of 20 coins have shown significant transaction volume on Base, with a 7.1% increase in market capitalization in the last 24 hours. Top 5 performing memecoins on Base include BRETT, TOSHI, DEGEN, and Mochi. Since the latest Dencun update on the Ethereum network, Base has grown in popularity...
Revolutionizing Sui: Inspect’s leap in blockchain innovation
26.3.2024
In an exciting, significant decision aimed at revamping the Sui ecosystem, a leading tech firm has declared its ambition to take the primary position of data provider for the Sui Network. This collaborative venture ushered in the creation of a purpose-built platform with its creation mission to...
Beba and Defi Education Fund Sue the SEC Over Its Airdrop Policies
26.3.2024
Texas apparel company Beba and the Defi Education Fund (DEF) have announced a legal complaint against the U.S. SEC. They allege that the SEC has violated Administrative Procedure Act procedures by adopting an encompassing crypto policy without an official rulemaking process. Additionally,...
A16z-Backed Protocol Unveils U.S. Dollar Stablecoin Passing Yield from RWA and DeFi
26.3.2024
Angle also aims to establish a forex hub offering seamless conversion between its dollar and euro-pegged stablecoins
Curio Hit by $16 Million Exploit Due to Voting Power Vulnerability
26.3.2024
Curio, a project focused on facilitating liquidity from real-world assets for firms, has fallen victim to a smart contract exploit related to voting power privileges.
The post Curio Hit by $16 Million Exploit Due to Voting Power Vulnerability appeared first on Cryptonews
Fluid launches weETH/wstETH vault
26.3.2024
Fluid, a DeFi protocol, has announced the launching of the weETH/wstETH vault. It enables users to access a leverage farm of up to 10x. The borrowing limit is currently capped at 10,000 wstETH. Users on Fluid can leverage farm points in two simple steps. They first have to deposit the token...
Partnership between Elys Network and CUDOS: An exemplary initiative
26.3.2024
The breaking news about the partnership between Elys Network and CUDOS comes when creating a distributed network of data centers in a web3 context gains momentum. It gives Elys Network immense joy to announce that their long-anticipated DeFi(Decentralized Finance) web app is now live on their...
DeFi Education Fund, Apparel Firm Sue SEC Over Unwritten Airdrop Securities Rule
26.3.2024
Crypto advocacy group DeFi Education Fund and Texas-based apparel firm Beba sued the SEC on Monday, aiming to establish that airdrops should not be classified as securities.
The post DeFi Education Fund, Apparel Firm Sue SEC Over Unwritten Airdrop Securities Rule appeared first on Cryptonews
TrueFi Unveils Lending Protocol for Tokenized Real-World Assets; TRU Jumps 14%
25.3.2024
Investors will be able to take out crypto loans by pledging TrueFi's U.S. Treasury bill tokens, with plans to expand collateral to other types of tokenized RWAs, according to the proposal
ParaSwap Resolves Vulnerability in Newly-Launched Smart Contract, Returns Crypto Assets to Users
25.3.2024
ParaSwap has addressed a critical vulnerability in its recently launched Augustus v6 smart contract and has commenced the process of returning cryptocurrency assets to affected users.
The post ParaSwap Resolves Vulnerability in Newly-Launched Smart Contract, Returns Crypto Assets to Users appeared...
Avalanche Doubles Down on Meme Coins: Announces $1 Million Liquidity Mining Incentives Program
23.3.2024
The Avalanche Foundation announced the launch of Memecoin Rush, a program designed to incentivize meme coin liquidity providers on selected platforms in the AVAX environment. The program will allocate $1 million to participants that provide liquidity for these tokens on Trader Joe and Steakhut,...
Across is now available on Linea
22.3.2024
Across is now available on Linea. A close collaboration between the Across and Linea teams resulted in the development of the integration. This will increase Across’ presence on Layer 2 and facilitate access to the zkEVM solution and the applications comprising its ecosystem. Linea,...
Users are moving to Uniswap
22.3.2024
In a blog post, Uniswap Labs informed the community about a transition that involves onboarding users to its wallet service. The team highlighted that almost 55% of the users swapped for the first time after registering with the platform. They also stated that an additional 25% did their first swap...
DORA price feeds from Supra are now available on Celo
22.3.2024
Supra declares the activation of its DORA pricing feeds on Celo. The integration of Supra’s DORA further enhances Celo’s capabilities, guaranteeing universal access to secure financial services. The Celo blockchain is gaining recognition in the field of blockchain technology due to...
OpenOcean Partners with Chainlink for Secure Cross-Chain USDC Transfers
22.3.2024
OpenOcean links up with Chainlink CCIP to utilize CCIP’s simplified token transfer abilities for initiating cross-chain shifting of USDC. These are utilized as intermediaries to pave the way for off-chain swaps. Incidentally, CCIP is the benchmark for safe cross-chain interoperability throughout...
Avalanche Foundation Kickstarts $1M Memecoin Rush Program to Amplify DeFi Liquidity
22.3.2024
The Avalanche Foundation delivers the initial stage of Memecoin Rush, a $1 million mining incentive program, to have multiple more stages. Like the Foundation’s previous incentive programs, Memecoin Rush has been developed to upgrade liquidity and create movement for the community coin ecosystem...
DeFi vaults are the next frontier of automated asset management
22.3.2024
DeFi vaults are the next frontier of automated asset managementDecentralized Finance (DeFi) vaults are emerging as a lucrative asset management tool for investors looking to maximize crypto market opportunities. This DeFi niche became popular in the summer of 2020 when some pioneer protocols...