Search

Nalezeno "decentralized finance": 1668

Zest Protocol Co-founder: Adding New Programming Capabilities Could Propel BTC’s Defi Ecosystem Beyond ETH’s

22.5.2024
According to Tycho Onnasch, co-founder of Zest Protocol, new programming capabilities which can be added to Bitcoin could help the leading crypto asset cancel out Ethereum’s early advantage of being able to deploy decentralized finance (defi) on Layer one (L1). Onnasch argued that once...

Hex Trust to Launch USDX Stablecoin on Flare, Offering Real-World Yield

21.5.2024
On May 21, 2024, Hex Trust Group announced the introduction of a native stablecoin, USDX, for the Flare network. Hex Trust also revealed that a Clearpool vault, enabling holders to earn a real-world yield, will debut alongside USDX. Hex Trust’s USDX Stablecoin and Clearpool Vault Aim...

Top Defi Tokens See Double-Digit Gains as Ethereum Soars

21.5.2024
Amid ethereum’s value increase, the decentralized finance (defi) ecosystem has significantly benefited from ether’s double-digit growth. Leading defi tokens by market capitalization rose by 14.8% over the past day, and the total value locked (TVL) in defi exceeded $100 billion in...

BounceBit Pledges To Democratize Bitcoin Investing With Binance-Backed Roadmap

20.5.2024
BounceBit, a new Bitcoin restaking startup, has announced a detailed roadmap for 2024 aimed at democratizing high-yield Bitcoin investing by merging centralized and decentralized finance (CeDeFi). The post BounceBit Pledges To Democratize Bitcoin Investing With Binance-Backed Roadmap appeared...

Makerdao Reveals Ambitious Endgame Plans With 2 New Stablecoins

19.5.2024
Makerdao, a leading decentralized finance (defi) protocol, has revealed new concepts to its Endgame plan, introducing two new stablecoins: newstable and puredai. This strategic initiative aims to replace the existing DAI stablecoin and bolster the Makerdao ecosystem. Maker’s Endgame Plan...

Value Locked in Defi Nears $100B Range Again After $11.89B Increase in 35 Days

18.5.2024
Over the past 35 days, the total value locked in decentralized finance (defi) protocols has expanded by $11.89 billion, recovering from a low of just over $83 billion on April 13. Although it has not yet reached the $100 billion mark, the value locked in defi is approaching that milestone after...

The Hashgraph Association Partners With Qatar Financial Centre to Launch Digital Assets Venture Studio

17.5.2024
The Hashgraph Association, a Swiss non-profit organization, has partnered with the Qatar Financial Centre (QFC) to launch a $50 million digital assets venture studio. The venture studio aims to support companies in developing regulatory-compliant decentralized finance (defi) solutions. Supporting...

EOS Network Foundation Founder: Bitcoin Halving Spurs Development of Solutions Enhancing Network Efficiency

16.5.2024
With Bitcoin transaction fees recently becoming a more critical component of miner revenue, Yves La Rose, CEO of Exsat, believes there is “an increased incentive to adopt and develop solutions that enhance transaction throughput and network efficiency.” According to La Rose, this...

Shibaswap Migrates to Shibarium Network, Expanding Access to 2 Chains

15.5.2024
On May 15, the development team for the meme token project SHIB announced that the decentralized exchange (dex) Shibaswap has been ported to the Shibarium blockchain. SHIB’s lead developer detailed that Shibaswap’s trading platform is now accessible to users of both the Ethereum and Shibarium...

Israeli fintech Kima, Mastercard lab look to develop ‘DeFi credit card’

14.5.2024
Kima is seeking to bridge traditional and Web3 finance and make the user experience more manageable

DeFi Lender Liquity Unveils New Stablecoin With User-Set Borrowing Rates in White Paper

14.5.2024
Liquity V2 will allow borrowers to set their borrowing costs, a novel approach in DeFi, and pays the lion's share of protocol revenues back to liquidity providers

Tornado Cash Developer Alexey Pertsev Sentenced to 64 Months for Money Laundering

14.5.2024
A Dutch court has sentenced Tornado Cash developer Alexey Pertsev to five years and four months in prison for laundering $2.2 billion through the cryptocurrency mixing service. The case represents a pivotal moment for decentralized finance (defi) regulation and crypto privacy. Dutch Court Imprisons...

Solana’s Defi Landscape to Shift With Marginfi’s Introduction of YBX Stablecoin

11.5.2024
The decentralized lending protocol built on the Solana blockchain, Marginfi, announced the upcoming launch of YBX, which is expected to be the first notable decentralized stablecoin on Solana, aiming to provide an alternative to the network’s heavy reliance on Circle’s centralized stablecoin...

SEC doesn’t want Ethereum to transform banking landscape, says Joseph Lubin

9.5.2024
Ethereum co-founder Joseph Lubin says the SEC is engaging in strategic enforcement action instead of engaging in meaningful discourse with the cryptocurrency industry

Stablecoins on Bitcoin coming soon, says Lightning Labs CEO

9.5.2024
Elizabeth Stark unpacked the basics of Bitcoin Lightning at FT Live’s Crypto summit and teased a new development on Bitcoin’s leading layer 2

2 Bitcoin L2 Projects Secure Investments to Enhance Bitcoin’s Defi Capabilities

7.5.2024
On Tuesday, two Bitcoin-centric layer two (L2) initiatives successfully secured funding from strategic investors. Botanix Labs, a startup focused on developing a decentralized Turing-complete L2 EVM (Ethereum Virtual Machine), garnered $11.5 million. Meanwhile, the Bitcoin L2 ZKM attracted...