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Defi’s 30-Day Rise — TVL Increases by $9.3 Billion With Rocket Pool Leading the Pack
20.11.2023
Since October 18, 2023, the aggregate value locked in decentralized finance (defi) has witnessed a substantial augmentation of $9.3 billion within a one-month span. Among the leading ten defi protocols, Rocket Pool, known for its liquid staking services, achieved the most notable growth, soaring...
Thorchain Rises to Third in Decentralized Exchange Rankings, Hits $1.8B Weekly Trade Volume
19.11.2023
In the past week, trading activity on the decentralized exchange (dex) Thorchain has experienced a significant surge, reaching $1.854 billion in trade volume. Data shows that Thorchain is currently the third-largest dex in terms of volume, following the popular dex protocols Uniswap...
dYdX DEX and YFI Token Hit by $9 Million Targeted Attack – Here’s What Happened
19.11.2023
Image Source: Unsplash Decentralized exchange dYdX has used its insurance fund to cover losses amounting to $9 million resulting from a “targeted attack” against the exchange. In a Saturday post on X (formerly Twitter), the dYdX team said that the v3 insurance fund was deployed...
3 metrics DeFi traders can watch in order to spot the next crypto bull market
17.11.2023
TVL, fee revenue and wallet activity are just three metrics investors can use to assess the health of the DeFi sector
Sushi to test Bitcoin swaps and Opyn DeFi protocol founders cave to CFTC pressure: Finance Redefined
17.11.2023
Sushi is set to test Bitcoin swaps on 30 different blockchains using the interpretability protocol ZetaChain
Sushi Makes DeFi History with Native Bitcoin on ZetaChain
17.11.2023
Source: Adobe / David Decentralized finance (DeFi) protocol Sushi has made history by adding support for the use of native Bitcoin (BTC) on its protocol through an expansion to ZetaChain. The move, announced by Sushi in a blog post on Thursday, will allow users to seamlessly swap BTC across...
Umbrella Network goes live on MultiversX Mainnet
17.11.2023
Umbrella Network has recently integrated into MultiversX Mainnet, the first significant step in blockchain technologies. Through this integration, developers can use Umbrella’s quality decentralized data feeds in the MultiversX ecosystem – a top Layer 1 platform with more than three thousand...
Pyth Airdrop: Ethereum, Solana, and Aptos Set to Benefit from New Platform Launch – Here’s How to Check Eligibility
17.11.2023
Source: Adobe / Vladimir Kazakov DeFi oracle network Pyth has announced the launch of its airdrop campaign, which will distribute approximately 255 million PYTH tokens to its users and community members. In a recent post on X (formerly Twitter), the project said the airdrop is set to commence...
Crypto.com launches Liquid Staking in its app
17.11.2023
Crypto.com makes it to the headlines yet again with its grand announcement of the launch of liquid staking on the Crypto.com mobile app, allowing its users to capture the best market opportunities and benefit from crypto staking rewards simultaneously. Crypto.com is a trusted name and one of...
Sushi taps into ZetaChain to begin testing native Bitcoin DeFi swaps
17.11.2023
Decentralized exchange Sushi will test native Bitcoin DeFi functionality that promises to allow users to swap BTC across 30 blockchain networks
DeFi Market Concentration: Gauntlet Data Reveals Few Major Projects Dominate the Industry
16.11.2023
Image Soure: Adobe A limited number of participants are currently dominating decentralized finance (DeFi), the sector aiming to recreate financial markets without intermediaries. According to data gathered by Gauntlet, a crypto-risk modeling company, most categories within DeFi, such...
Bitcoin Is Coming to Sushi as DeFi Platform Expands to ZetaChain
16.11.2023
The move allows users to access the liquidity of bitcoin on decentralized finance (DeFi) without going through intermediaries like wrappers
Pancakeswap Introduces ‘Pancake Mayor’ in New Gamefi Venture
16.11.2023
Pancakeswap, the crypto exchange and decentralized finance (defi) platform, is stepping into the world of game finance (gamefi) by introducing its own gaming marketplace. The marketplace is spearheaded by “Pancake Mayor,” a city-building simulation game developed by Binaryx....
Today in Crypto: Polkadot Founders Launch a $45 Million Community Project, Bybit Reveals Easy Options Tool, Taurus SA Expands to Dubai
16.11.2023
Source: AdobeStock / NikahGeh Get your daily, bite-sized digest of crypto and blockchain-related news – investigating the stories flying under the radar of today’s news. __________ Investment news Web3 Foundation, whose flagship project is the Polkadot blockchain protocol, announced the launch...
Crypto Veteran Expects Bitcoin to Maintain Bullish Momentum, Targets $40,000 by Year-End
16.11.2023
Bitcoin Logo / Source: Adobe Markus Thielen, research head at Matrixport and founder of DeFi Research, expects Bitcoin’s bullish momentum to persist and drive prices toward $40,000 by the end of the year. Thielen’s optimistic outlook is based on several factors, including options...
Crypto Exchange PancakeSwap Expands into Gaming with New Marketplace – Earn CAKE for Playing Games?
16.11.2023
Source: pancakeswap.games Decentralized exchange (DEX) PancakeSwap has launched its Gaming Marketplace, enabling developers to directly build, publish, and update games on the platform to an audience of 1.5 million potential players. Per the announcement, the platform is also a hub for...
DWF Labs forges an association with Kava Chain
16.11.2023
DWF Labs, an internationally known digital asset market maker, forms an association with the Kava Chain. DWF Labs is also a multi-level Web3 investment company. This joining of hands will bring about the growth of Kava’s DeFi ecosystem with an extra focus on its decentralized exchanges (DEXs). ...
SEC Postpones Decision on Hashdex Spot Bitcoin ETF and Grayscale Ether ETF
16.11.2023
Source: Hashdex The U.S. Securities and Exchange Commission has postponed its decision on the approval of Hashdex Bitcoin ETF and Grayscale Ethereum Futures Trust ETF. The SEC published a document that addresses to the deferral of Hashdex’s filing. Hashdex previously filed to convert its current...
Solana (SOL), Avalanche (AVAX) and dYdX produce double-digit gains as Bitcoin reclaims $37K
15.11.2023
SOL, AVAX and DYDX rank among the top-performing altcoins this month. Cointelegraph investigates what is behind the move
White Hat Hackers Awarded $300K After Uncovering Critical Chainlink VRF Vulnerability
15.11.2023
White hat hackers earn $300K Chainlink bounty for responsibly disclosing critical VRF vulnerability. Image by ZayNyi, Adobe Stock. Decentralized oracle network Chainlink recently awarded white hat hackers Zach Obront and Or Cyngiser of Trust $300,000 for uncovering a critical vulnerability in...