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Octoblock building DeFi ecosystem similar to Ethereum and Solana
3.4.2024
Octoblock’s strategic initiatives and innovative features position it as a formidable player in the decentralized finance (DeFi) space, drawing parallels with established platforms like Ethereum (ETH) and Solana (SOL). Ethereum and Solana Ethereum is a blockchain platform renowned...
Solana Price Prediction as $12 Billion Trading Volume Sends SOL Below $170 – Time to Buy the Dip?
16.3.2024
Amidst a meme coin mania, Solana's price soars, showcasing its robust DeFi ecosystem and hinting at a bullish future beyond fleeting trends.
The post Solana Price Prediction as $12 Billion Trading Volume Sends SOL Below $170 – Time to Buy the Dip? appeared first on Cryptonews
Injective Partners with DojoSwap to Launch CW-404 Standard, Inspired by ERC-404
23.2.2024
On February 23, Injective Protocol announced a strategic partnership with DojoSwap to launch the CW-404 standard, a groundbreaking token standard inspired by ERC-404. This collaboration aims to foster innovation and interoperability within the decentralized finance (DeFi) ecosystem.
The post...
Rollups On Bitcoin? BOB Launches Public Testnet For Scaling BTC
20.12.2023
Bitcoin (BTC) layer 2 startup ‘Build on Bitcoin’ (BOB) has announced the launch of its public testnet, which intends to imbue the premiere crypto network with the functionality of Ethereum (ETH), its most popular rival. The protocol is designed as a one-click bridge to Ethereum’s DeFi ecosystem...
Total Value of Cardano DeFi Ecosystem Nears $450M Amid Layer 1 Push; ADA Rockets 17%
14.12.2023
The total value locked (TVL) of all Cardano-based tokens jumped to over $440 million late earlier this week, crossing a previous peak of $330 million set in April
Talos and Uniswap Forge Landmark Deal to Boost DeFi Access for Institutions – Adoption on the Rise?
1.12.2023
Talos – a digital trading infrastructure provider – has teamed up with Uniswap and Fireblocks to connect institutional traders to the decentralized finance (DeFi) ecosystem. Per a press release from Uniswap on Thursday, Talos’s clients will be able to use the protocol’s trading APIs to access...
Ethereum’s Layer 2 Blast Skyrockets to Half a Billion, Meme Moguls (MGLS) Sees Inflow of New Investors
1.12.2023
The DeFi ecosystem has been agog with the launch of Ethereum’s Layer 2 project, Blast”, which aims to eradicate issues relating to speed, cost, and scalability. While the market is still basking in excitement, Meme Moguls, currently undergoing its presale, is tapping into the wave, pulling...
Base’s Rapid Ascent: 136,000 Daily Users and $175 Million TVL in Ethereum’s L2 Defi Space
11.8.2023
Base, the Ethereum layer two (L2) scaling solution supported by Coinbase, has experienced over $175 million funneled into its decentralized finance (defi) protocol since its creation. The majority of value locked comprises 75,244 ether and nearly $26 million worth of the USDC stablecoin....
CRV exposure risk throws a curveball at the DeFi ecosystem: Finance Redefined
4.8.2023
Most DeFi tokens traded in the red on weekly charts due to the chaos caused by the Curve Finance exploit
Vyper vulnerability exposes DeFi ecosystem to stress tests
30.7.2023
A number of pools using Vyper have been exploited due to a malfunctioning reentrancy lock that potentially exposes all pools with wrapped Ether (WETH)
Liquid Staking Protocols See Increase in Monthly ETH Deposits Despite Withdrawals Post-Shapella Hard Fork
15.4.2023
Following the Shapella hard fork on April 12, 2023, approximately 332,368 ether, valued at around $699 million, has been withdrawn. Despite these withdrawals, liquid staking protocols like Lido, Rocketpool, and others have experienced an increase in ether deposits over the last 30 days. Since March...
‘Over-Collateralization Can Help Mitigate the Risk of Stablecoin Depegging’ — Pendulum CTO
5.4.2023
Despite being touted as a game-changing innovation, the decentralized finance (defi) ecosystem is still not connected to fiat rails largely because of regulatory and compliance issues, Torsten Stuber, the CTO at Pendulum says. According to Stuber, the defi ecosystem will succeed in getting more...
Deposits to zkSync surpass $110M as its DeFi ecosystem explodes
4.4.2023
Crypto traders are actively investing in projects launching on zkSync as the hype around its potential governance token airdrop increases
Bitcoin DeFi ecosystem explained
17.1.2023
DeFi on Bitcoin was made possible by the Taproot upgrade. Find out how Bitcoin DeFi works compared to the Ethereum blockchain
Integrating Decentralized Cross-Chain Communication Makes Bridges ‘Substantially Safer’ — Flare Networks CEO
2.1.2023
Although they grabbed less media attention than the collapse of centralized organizations, the so-called bridge exploit incidents in 2022 again proved that the decentralized finance (defi) ecosystem still lacks sufficiently secure solutions, Hugo Philion, the co-founder and CEO of Flare Networks...
DeFi ecosystem still haunted by FTX contagion: Finance Redefined
2.12.2022
Top-100 DeFi tokens saw a bullish wave with the start of the new month, but many DEX platforms are still haunted by FTX contagion
BNB Chain DeFi ecosystem recovers almost one-third in three months
2.11.2022
On the DeFi side of things, BNB Chain suffered a 93% decrease from Q3 of 2021 but has since shown signs of steady recovery
Fantom Network Launches Automated Smart Contract Audit System Watchdog to Monitor for Bugs
28.10.2022
On October 27, the Fantom Foundation announced a collaboration with the security and analysis platform Dedaub in order to bolster Fantom’s decentralized finance (defi) ecosystem. Dedaub’s monitoring system called Watchdog will monitor smart contracts on the Fantom blockchain for exploits and buggy...
While ETHW Has Lost 35% in 2 Weeks, PoW Network’s Defi TVL Swelled by More Than 1,200%
18.10.2022
Since the cryptocurrency launched ethereumpow (ETHW) has seen spot market prices decline by close to 12% during the last seven days. Despite the fact that during the last two weeks ETHW has shed 35% in USD value, the network’s token economy and decentralized finance (defi) ecosystem...
How Jump Crypto Is Supporting Web3 Projects Across the DeFi Ecosystem
11.10.2022