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Solend expands DeFi horizons with Suilend on Sui Blockchain
13.3.2024
The team members of Solend, a DeFi lending protocol on the Solana blockchain, have delivered Suilend, its initial project beyond the Solana ecosystem. Suilend utilizes the DeFi knowledge of the team members differently, using the Move programming language and the potential and high level tools...
Xuirin Finance (XUIRIN) Launches Presale, Aiming to Transform the DeFi Sector
12.3.2024
PRESS RELEASE. In a significant stride towards revolutionizing the decentralized finance (DeFi) landscape, xuirin Finance is excited to announce the launch of its presale, effective immediately. This pivotal event marks a monumental milestone for the innovative DeFi platform, known for...
Crypto Economy’s Rise Fuels Defi Sector to Surpass $100 Billion TVL
12.3.2024
This week, as of March 9, 2024, the cumulative value held in decentralized finance (defi) platforms exceeded $100 billion for the first time since the downfall of Terra in May 2022. In the past 30 days, the leading three defi platforms have experienced an increase of at least 50%, fueled by...
PancakeSwap V4 Unveils $3 Million CAKE Airdrop
12.3.2024
Decentralized exchange PancakeSwap has announced PancakeSwap V4 and an airdrop campaign to celebrate it.
The post PancakeSwap V4 Unveils $3 Million CAKE Airdrop appeared first on Cryptonews
Solana DeFi's KMNO Airdrop Sparked Outrage. Kamino Responded With Changes
11.3.2024
Kamino is trying to quell days of angst after it revealed key details for April's KMNO airdrop
Unizen Pledges Reimbursements After $2.1M Loss in Platform Breach
11.3.2024
Unizen has taken swift action in response to a recent security breach that resulted in the loss of approximately $2.1 million in user funds.
The post Unizen Pledges Reimbursements After $2.1M Loss in Platform Breach appeared first on Cryptonews
Curve Finance Plans to Increase AMM Fee, But For Good Reasons
11.3.2024
There is a new proposal to raise the Automated Market Maker (AMM) fee in LLAMMa (crvUSD), a liquidity pool, on Curve Finance, a leading decentralized exchange (DEX) popular for stablecoin swaps.
The post Curve Finance Plans to Increase AMM Fee, But For Good Reasons appeared first on Cryptonews
Uniswap Community Rejects Governance Proposal to Distribute Revenue to UNI Token Holders
11.3.2024
The Uniswap community has rejected a governance proposal that aimed to introduce changes to the platform's fee mechanism, including allowing the distribution of revenue to token holders.
The post Uniswap Community Rejects Governance Proposal to Distribute Revenue to UNI Token Holders appeared...
Ether Locked in Liquid Staking Platforms Skyrockets to $54.34B With a $26.85B Rise in 64 Days
10.3.2024
The volume and worth of liquid staking derivatives (LSDs) have expanded significantly since the beginning of the year, with 1.56 million ether being added to LSD protocols since Jan. 6. The total value of ethereum stored surged by $26.85 billion in the last two months. LSD Market Flourishes:...
Bitcoin Surge Propels DeFi TVL Past $100 Billion Milestone
10.3.2024
The decentralized finance (DeFi) sector has surpassed a significant milestone, with the total value locked (TVL) in DeFi protocols exceeding $100 billion.
The post Bitcoin Surge Propels DeFi TVL Past $100 Billion Milestone appeared first on Cryptonews
Study: Criminals Target Defi Platforms, Steal More Than $67 Million in February Alone
9.3.2024
In February alone, criminals stole digital funds worth over $67 million from decentralized finance (defi) platforms. The latest Immunefi data shows that hacking attacks accounted for more than $65 million, or 97% of the month’s losses. The Ethereum blockchain suffered the most individual...
Piers Ridyard, CEO of Radix DLT, on The Future of Web3, Wallets, Account Abstraction, and Creating the Game Engine for DeFi | Ep. 315
8.3.2024
Piers Ridyard, CEO of the decentralized network Radix DLT, talks about the “wild ride” through the worlds of smart contracts and Y Combinator, finding Ethereum, mining on its genesis block, selling ETH, getting into Radix, the project’s fundamental principles, and how it goes above and beyond...
Aptos Foundation connects with LayerZero and Stargate
8.3.2024
Aptos Foundation strengthens its partnerships with LayerZero and Stargate in order to facilitate user access to DeFi on Aptos, beginning with straightforward cross-chain interoperability. The Aptos Bridge, developed by Stargate, employs the LayerZero protocol to enable the seamless connection...
Solana DeFi Protocol Kamino Sets KMNO Token Airdrop for April
7.3.2024
Kamino is the latest Solana-based DeFi protocol to airdrop a token
Solana DEX Trading Volume Reaches Record $2.85 Billion, Up Over 150% in Past Week
7.3.2024
The DEX trading volume on the Solana blockchain has skyrocketed, surpassing the $2 billion mark for four consecutive days, with a record-breaking trading volume of $2.85 billion achieved on March 5.
The post Solana DEX Trading Volume Reaches Record $2.85 Billion, Up Over 150% in Past Week appeared...
Navigating the Wormhole Airdrop: Defi’s Next Big Token Drop Explained
7.3.2024
Wormhole, a platform fostering blockchain interoperability within decentralized finance (defi), has unveiled plans for an airdrop of its proprietary token, W. The initiative is part of the protocol’s broader aim toward progressive decentralization, rewarding dedicated users and developers...
Injective Protocol’s inEVM Nears Completion, Bridging Ethereum and Low-Fee Derivatives Trading
7.3.2024
Injective Protocol plans to connect with Ethereum. The code enabling this, developers say, is 98% complete as of early March 2024
The post Injective Protocol’s inEVM Nears Completion, Bridging Ethereum and Low-Fee Derivatives Trading appeared first on Cryptonews
Uniswap's UNI Gains 20% as Token Reward Proposal Inches Closer to Approval
6.3.2024
Uniswap's UNI gained 20% as a governance proposal to distribute protocol revenues among token holders gets overwhelming support in a temperature check before voting
Grayscale Advisors release the firm’s very first crypto fund
6.3.2024
Grayscale Advisors recently launched its first actively managed crypto fund. Named Grayscale Dynamic Income Fund, the scheme will optimize staking income from crypto. The fund will distribute these staking rewards in USD every quarter. With the announcement, Grayscale also reminded customers that...
While Cardano (ADA) and THORchain (RUNE) eye new highs, this new coin is disrupting the DeFi space
6.3.2024
Pullix (PLX) is establishing itself as a prominent decentralized finance (DeFi) market player. The project’s initial coin offering (ICO) has successfully raised over $9 million, selling out rapidly time, highlighting the strong demand for its innovative technology. Similarly, the top crypto...