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Ethereum Still Holds the Lion’s Share of Defi TVL as Tron and Solana Rise
2.9.2024
Currently, the total value locked (TVL) in decentralized finance (defi) stands at $82.2 billion, with Ethereum hosting a commanding 57.24% of that amount. Hot on its heels, Tron and Solana take the second and third spots for the largest TVLs today. Ethereum Reigns Supreme in Defi With 57% of Total...
The Future of Decentralized Finance (DeFi): Navigating the Next Wave of Financial Innovation
31.8.2024
Decentralized Finance (DeFi) has emerged as one of the most transformative innovations in the financial sector. By leveraging blockchain technology, […]
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Crypto hacks surpass $1.2B in 2024, Celsius repays $2.5B: Finance Redefined
30.8.2024
Crypto hacks may surpass 2023’s record, with $1.2 billion already stolen, and Celsius is finally beginning to repay its creditors
Crypto hacks surpass $1.2B in 2024, Celsius repays $2.5B: Finance Redefined
30.8.2024
Crypto hacks may surpass 2023’s record, with $1.2 billion already stolen, and Celsius is finally beginning to repay its creditors
Save WBTC: Threshold Network Proposes Sweeping Changes to Wrapped Bitcoin Custody
29.8.2024
Threshold Network has proposed a plan to enhance the stability and security of Wrapped Bitcoin (WBTC) by replacing its centralized custody model with Threshold’s decentralized system. This move comes in response to recent concerns within the decentralized finance (defi) ecosystem over...
Trump Set to Share Bold Vision: Turning the US Into the ‘Crypto Capital of the Planet’
29.8.2024
On Thursday, former President Donald Trump posted a video on X, where he announced his intention to chart a course for making the United States the “crypto capital of the planet.” As the video concludes, the logo of World Liberty Financial, a decentralized finance (defi) project founded...
Solayer Secures $12 Million to Enhance Solana’s Restaking Capabilities
29.8.2024
Solayer has raised $12 million in a funding round led by Polychain Capital to advance its integrated restaking network on the Solana blockchain. The initiative aims to address Solana’s scalability and transaction inclusion challenges by leveraging a novel approach to staking and network bandwidth...
DeFi network Radix team cuts 15% of staff, citing need to ‘refocus’
29.8.2024
Piers Ridyard, the CEO of RDX Works said the cuts are part of a “more comprehensive set of changes that need to be made.”
BNB Chain to grow stablecoin ecosystem with new cross-chain bridge
28.8.2024
BNB Chain will also create a liquidity pool to allow transfers from other chains as part of its efforts to grow its stablecoin ecosystem.
Space and Time Secures $20 Million in Series A Funding to Enhance AI and Blockchain
28.8.2024
Space and Time (SxT) Labs has announced the completion of a $20 million Series A funding round, led by Framework Ventures and supported by several prominent investors. SxT Labs disclosed that the funding aims to accelerate the company’s development of tools that bridge the gap between...
Flare Network Integrates Polyhedra’s ZK Bridge for Enhanced Cross-Chain Security
27.8.2024
Flare Network has integrated with Polyhedra’s ZK Bridge, allowing developers to build secure cross-chain applications. This collaboration leverages Layerzero’s interoperability while benefiting from the robust security of zero-knowledge proofs. Flare Network Expands Cross-Chain Security With...
Defi Giant Makerdao Rebrands as Sky, Introduces USDS Stablecoin and SKY Token
27.8.2024
The decentralized finance (defi) lending platform Makerdao is embracing a new identity, rebranding as Sky, according to co-founder Rune Christensen. Along with the fresh name, the platform will introduce two new assets: a stablecoin dubbed USDS and a governance token named SKY, both slated for...
CoinDCX’s Okto wallet secures operational license in UAE free zone
27.8.2024
Self-custodial wallet Okto received its license under RAK DAO, an economic free zone dedicated to virtual assets.
Maker DeFi lending protocol rebrands to Sky ahead of USDS stablecoin launch
27.8.2024
Maker is also rebranding the world’s largest decentralized stablecoin ahead of the launch of its governance token, SKY
UAE Investment Firms Announce $500 Million Digital Energy Infrastructure Fund
27.8.2024
United Arab Emirates-based investment firms Hodler Investments and Gewan Holding have announced plans to launch a $500 million Digital Energy Infrastructure (DEI) Fund. This fund aims to invest in energy infrastructure projects that support the growth of the digital economy. The DEI Fund will...
Vitalik Buterin responds to criticism that Ethereum ‘doesn’t care’ about DeFi
26.8.2024
Vitalik Buterin addresses accusations of neglecting DeFi, defending his views on decentralized finance and the importance of sustainability and core principles of the Ethereum ecosystem.
Vitalik Buterin responds to criticism that Ethereum ‘doesn’t care’ about DeFi
26.8.2024
Vitalik Buterin addresses accusations of neglecting DeFi, defending his views on decentralized finance and the importance of sustainability and core principles of the Ethereum ecosystem.
Proof-of-Ink to boost Web3 adoption, Fed rate cut could spur DeFi summer: Finance Redefined
23.8.2024
Gavin Wood introduced a major infrastructure development for Web3 citizenship, while Hashkey’s CEO forecasted a resurgence in the DeFi market driven by lower interest rates
Proof-of-Ink to boost Web3 adoption, Fed rate cut could spur DeFi summer: Finance Redefined
23.8.2024
Gavin Wood introduced a major infrastructure development for Web3 citizenship, while Hashkey’s CEO forecasted a resurgence in the DeFi market driven by lower interest rates
Proof-of-Ink to boost Web3 adoption, Fed rate cut could spur DeFi summer: Finance Redefined
23.8.2024
Gavin Wood introduced a major infrastructure development for Web3 citizenship, while Hashkey’s CEO forecasted a resurgence in the DeFi market driven by lower interest rates