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DeFi-Focused Startup Blue Comes Out of Stealth With $3.2M Raise
18.1.2023
The young company is an alum of Binance’s Most Valuable Builder (MVB) and Chainlink’s incubator program
DeFi-Focused Startup Blue Comes Out of Stealth With $3.2M Raise
18.1.2023
The young company is an alum of Binance’s Most Valuable Builder (MVB) and Chainlink’s incubator program
DeFi should complement TradFi, not attack it: Ava Labs CEO | Davos 2023
18.1.2023
The co-founder and CEO of Ava Labs spoke with Cointelegraph at the World Economic Forum in Davos, Switzerland, on the future of DeFi and TradFi as two industries with merging value systems
DeFi Service Frax Finance Gains Momentum Amid Ether Staking Narrative, FXS in Focus
18.1.2023
High yields on Curve-related pools have attracted millions of dollars worth of ether to Frax in the past few weeks
DeFi Protocol Thena Sees Total Value Surge to $90M in a Week
18.1.2023
Thena, a liquidity layer and decentralized exchange (DEX) on the BNB chain, has experienced an uptick in total value locked (TVL) from $5 million to $90 million since its launch last week
Smart Contract Tokens, Defi Economy See Strong Growth, Market Capitalization Swells by $78 Million in 30 Days
17.1.2023
Smart contract tokens and the decentralized finance economy have been on a tear during the last month, gaining against the U.S. dollar. The market capitalization of the smart contract platform token economy has swelled by $78 million over the last 30 days, increasing from $243 billion to...
Defi Lending Sector Experiences Major Shake-Up: 71% of Total Value Locked Evaporates in 12 Months
17.1.2023
Decentralized finance (defi) has continued to remain deeply ingrained in the cryptocurrency economy as the ecosystem provides users with a non-custodial way to exchange digital assets, lend cryptocurrencies, issue stablecoins, and ways to profit from arbitrage. In the lending sector of defi, a...
Today in Crypto: Digital Yuan Used to Buy Securities, Monex Group Interested in FTX Japan, Bitget Launches Copy Trading in Spot Market
17.1.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Digital Yuan Used to Buy Securities, Monex Group Interested in FTX Japan, Bitget Launches Copy Trading...
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
Polygon-Based Project Jarvis Loses $660K to a Security Exploit
17.1.2023
Jarvis Network recently announced losing over half a million dollars to a security breach. The exploit cost the popular Polygon DeFi project 663,101 Matic tokens, or USD 660,000. According to the latest tweets by Jarvis, the breach took place at the Midas pool. The jFIAT token was the target,...
DeFi, DAOs and NFTs: Crypto is redefining how charities raise funds
17.1.2023
Crypto donations are so much more than just peer-to-peer Bitcoin and Ether transactions
Can Rocket Pool Joining Forces With Coinbase Steal a March on Lido
17.1.2023
Rocket Pool, the third largest Ethereum liquid staking protocol by trade value locked (TVL), has joined forces with Coinbase Ventures. According to an announcement on Rocket Pool’s discord channel, Coinbase Ventures will be joining Rocket Pool’s Oracle DAO (oDAO)....
Read More: Can Rocket Pool...
DeFi Protocol Sushi Lays Out 2023 Plans With Focus on DEX and User Experience
16.1.2023
Expects to release its DEX aggregation router in the first quarter
AI-Fi is likely to receive a $5 million investment from Autofarm in January 2023
16.1.2023
Autofarm has published a blog post to announce that it is soon going to invest in AI-Fi during the strategic investment round that is tentatively scheduled to happen in January 2023. The investment is worth approximately $5 million with an objective to better integrate Artificial Intelligence...
DeFi Protocol Frontier Brings In-Browser Wallet Support for Aptos, Sui and 33 Additional Blockchains
16.1.2023
The feature allows users to stake tokens, transfer NFTs and conduct transactions with an in-browser wallet application
Combined Transactions on Arbitrum and Optimism L2 Chains Outpace Ethereum’s Daily Transfer Count
16.1.2023
Since The Merge, Ethereum’s onchain fees have been considerably lower. However, combined transaction volume on layer two (L2) chains Arbitrum and Optimism has outpaced Ethereum’s onchain transaction output. On Saturday, Jan. 14, 2023, Ethereum processed 1.10 million onchain...
Decentralized Exchange Trading Volumes Remain Lackluster in the New Year, Uniswap Leads the Way with Daily Swaps
14.1.2023
According to statistics, decentralized exchange (dex) monthly trading volumes have dropped significantly since Jan. 2022. After a brief spike in volume in Nov. 2022, dex trade volumes have been lackluster for the past 44 days. As of Jan. 14, 2023, Uniswap version three (V3) has the highest trade...
Metamask Launches Ethereum Staking Services via Lido and Rocketpool
14.1.2023
On Friday, the Web3 wallet firm Metamask, a subsidiary of the Ethereum-centric company Consensys, announced the beta launch of ethereum staking features will be made available via Lido’s or Rocketpool’s liquid staking services. Users who want to stake ethereum and earn staking rewards...
DeFi was the most attacked ecosystem in 2022: Finance Redefined
13.1.2023
2023 started on a bullish note for nearly all the top 100 DeFi tokens, as most of them rose to new multi-week highs
Flare airdrops token supply to Ripple Holders after two years of snapshot
13.1.2023
The holders of XRP have started receiving airdrops from Flare after 2 years since the snapshots were taken, on December 12, 2020, to be precise. At the time of drafting this article, around 15% of the token supply had been airdropped to the XRP (Ripple) holders. The remaining portion of the token...