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Experts: Defi Thrives Where Banks Falter, Fragmentation a Hurdle


The rise of decentralized finance is particularly strong in regions with weak banking systems, such as Sub-Saharan Africa, Latin America, and Eastern Europe. Experts believe this is because defi offers financial tools and services traditionally unavailable to people in these areas. Experts point...

Bitcoin ETFs Rise With $12.9M Gains While Ether ETFs Struggle


According to the latest crypto exchange-traded fund (ETF) data, spot bitcoin ETFs snagged $12.9 million in gains on Monday, while spot ethereum ETFs faced a $9.51 million loss. Bitcoin ETFs Continue to Grow, While Ethereum Funds Lose Ground Leading the charge among the 12 bitcoin funds...

Liquid Staking Absorbs 400,000 ETH, Closing in on 14M Mark


According to the latest figures, over the past 38 days, starting from Aug. 10, 2024, the total value locked in decentralized finance (defi) protocols has slipped by $5.07 billion. Despite this decrease, ethereum continues to pour into liquid staking derivative (LSD) platforms, with 29 distinct LSDs...

Bitcoin L2 BOB Launches ‘One-Click’ BTC Staking Solution


BOB (Build on Bitcoin), a hybrid layer two (L2) solution integrating Bitcoin and Ethereum, has launched BOB Stake, a new one-click bitcoin staking product. The platform allows users to stake bitcoin (BTC) and utilize Liquid Staking Tokens (LSTs) across decentralized finance (defi) applications....

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