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Ethena Labs boosts USDe token with Bybit integration
8.5.2024
Ethena Labs, an artificial stablecoin startup, has incorporated Bybit for building on its USDe token as a collateral asset on the crypto exchange. Further backing of USDe will enable users to conduct trading perpetuals and generate yield on Ethena. It stands at $15.3%, and zero-fee trade...
FCA crypto regulators will take the best from TradFi and DeFi, says exec
8.5.2024
The United Kingdom’s FCA has been combining different approaches to regulating the crypto market to see which one would work best
Primex integrates Squid for cross-chain token transfers
8.5.2024
Primex has incorporated Squid, wherein users will be provided the option of shifting their tokens, selecting one amongst 60 backed EVM and Cosmos chains. This will be utilized in the protocol. Axelar is a Web3 interoperability blockchain linking and allowing cross-chain messaging amongst more than...
Armani Ferrante, CEO of Backpack, on Solana and Web3 Super Apps | Ep. 332
8.5.2024
Backpack CEO Armani Ferrante talked about taking a long, winding path toward Solana and establishing Anchor, creating the Backpack super app, the future of the crypto economy, and why it will be ten times better.
The post Armani Ferrante, CEO of Backpack, on Solana and Web3 Super Apps | Ep....
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...
Ethena's ENA Jumps 8% as Bybit Endorses USDe Token as Collateral for Derivatives Trading
7.5.2024
Ethena's USDe tokenized yield strategy has attracted over $2 billion in deposits and some scrutiny of the token's risks
Suilend to Run Monthslong Points Program With a Twist
7.5.2024
The protocol's's pseudonymous founder Rooter previously has been critical of "predatory" points programs
Blast Ecosystem grows on new “Jackpot” incentive
7.5.2024
After the announcement of Jackpot, tokens in the Blast ecosystem—an Ethereum Layer 2 solution—have surged in price. PacMoon has risen over 30%, Juice Finance is about 40%, and notable NFTs like Blastopians are up nearly 50%. Interestingly enough, this rise in token prices within the Blast ecosystem...
First Polygon Network bond issued via blockchain-based Debt Protocol ‘Obligate’
6.5.2024
Obligate has issued bonds using the Polygon blockchain without the involvement of any banks. Muff Trading AG, a Swiss-based physical commodities trading firm specializing in metal sourcing, issued the bonds. Muff Trading AG used the Obligate marketplace to tokenize bonds. The size and terms...
Justin Sun’s huge deposit of $376m wins Liquid Restaking Protocol
6.5.2024
The founder of Tron, Justin Sun, made a groundbreaking improvement in the cryptocurrency world when he transferred a large number of tokens with a base for Ethereum to the L2 protocol of the Swell network. The blockchain trail indicated that Sun’s wallet deposited 120,000 eETH into...
Runes and BRC-20s are just a stepping stone for Bitcoin DeFi
6.5.2024
Bitcoin is becoming a yield-generating asset, thanks to new token standards like Runes, which may only be a stepping stone for Bitcoin DeFi
First Bitcoin-backed synthetic dollar to launch with 25% yield
6.5.2024
USDh is the first Bitcoin-native synthetic dollar with yield-generating capabilities. Is the 25% yield sustainable?
Eigen to offer 100 more EIGEN to token holders after airdrop outcry
6.5.2024
Eigen Foundation recently announced its intention to airdrop 100 EIGEN tokens to more than 280,000 wallet owners. This change highlights a deviation from the foundation’s prior approach, in which community members expressed impatience because of a dearth of token liquidity. However,...
Internet Computer Launches ckUSDC Sepolia, an ICP Copy of USDC in ckERC20 Token Standard
5.5.2024
The testing version of the ckETH minter on Internet Computer (ICP) mainnet has been upgraded, now featuring the Sepolia version of the USDC token.
The post Internet Computer Launches ckUSDC Sepolia, an ICP Copy of USDC in ckERC20 Token Standard appeared first on Cryptonews
Coinbase's Base could make it the NVIDIA of DeFia
4.5.2024
Coinbase's stock price has surged since the company's first-quarter earnings report. Will its Base offering be enough for investors to sustain the momentum?
LayerZero Airdrop Snapshot Completed: ZRO Token Coming Soon
4.5.2024
The LayerZero airdrop snapshot was completed on May 1. ZRO futures contracts on decentralized exchanges suggest a substantial valuation for the upcoming token. However, concerns remain regarding the potential influence of airdrop hunters and their impact on the token's value.
The post LayerZero...
Losses due to crypto hacks fall 67%, Bitcoin DeFi interest rises: Finance Redefined
3.5.2024
The amount stolen through crypto hacks and the number of successful attacks sharply declined in April
Tascha Punyaneramitdee, Founder of INIT Capital, on DeFi, Liquidity Hook Money Markets, Point Farming in Crypto, and 2024 Trends | Ep. 331
3.5.2024
Tascha Punyaneramitdee, the Core Contributor and Founder of INIT Capital, discusses liquidity hooks and their benefits for users and businesses alike, what protocols must do to ensure they have a long-standing product, the pros and cons of the popular point farming, and her thoughts on DePIN...
Chronicle Oracles debuts on zkSync, expands support for dApps
3.5.2024
Scribe, blockchain’s verifiable and cost-effective Oracle, will now be available on zkSync Era. Chronicle Protocol’s incorporation of zkSync unleashes decentralized and robust price feeds for numerous dApps available in the system. zkSync Era has been launched by Chronicle with their...
US senators, FBI aren’t opposed to crypto privacy: Railgun contributor
3.5.2024
Ethereum privacy protocol Railgun contributor Alan Scott Jr. says U.S. regulators and government agencies don’t get enough credit for genuinely “trying to understand” crypto