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Seeking Yield on $37M Ether Treasury, JPEG'd DAO Mulls Airdrop Farming
26.2.2024
"There are possibilities to solidify the treasury at low risk," pseudonymous JPEG'd contributor 0xTutti told CoinDesk
Ether's Bitcoin Beating Rally Not Just Because of Potential ETF Approval: Bernstein
26.2.2024
The amount of ether held on exchanges is at an all-time low of 11%, a sign that more of the cryptocurrency is being locked up for DeFi, the report said
PancakeSwap Reveals ‘Affiliate’ Initiative to Enable Forks Across Blockchains
26.2.2024
The PancakeSwap team will invite and approve – on a case-by-case basis – forks of PancakeSwap onto any chain that doesn’t already have PancakeSwap deployed on it.
The post PancakeSwap Reveals ‘Affiliate’ Initiative to Enable Forks Across Blockchains appeared first on Cryptonews
SUN.io & HTX DAO forge liquidity boost pact
26.2.2024
SUN.io, a global leader in decentralized finance, has greatly boosted the DeFi sector by collaborating with HTX DAO to increase user engagement and sustain liquidity sponsorships in both the HTX and TRX markets. This collaboration is one of the most significant events that will help to preserve...
Defi’s Total Value Locked Hits $80 Billion in a Dramatic Turnaround Since 2022
25.2.2024
Recent data reveals that the total value locked (TVL) in decentralized finance has jumped past the $80 billion milestone, reaching heights not observed since the downfall of Terra’s stablecoin in May 2022. Leading the charge in 2024 by TVL size is Lido’s liquid staking platform, with...
Blueberry DeFi Protocol Suspends Lending Services After $1.3M Exploit
23.2.2024
In an X post published on February 23, the Blueberry Protocol Foundation announced that it was currently experiencing an “ongoing exploit” and recommended users to withdraw their funds from Blueberry lending markets while the foundation worked on halting the protocol.
The post Blueberry DeFi...
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...
Gauntlet Withdraws From Aave Partnership, Citing Governance Challenges
23.2.2024
Gauntlet has decided to withdraw from its role as Risk Steward for Aave, pointing to governance and operational challenges as the main reasons. This announcement marks the end of a four-year collaboration that has helped in growing Aave. Gauntlet Ends Partnership With Aave Due to DAO Disputes...
Camelot to power Orbit expansion with LayerZero Labs
23.2.2024
Camelot recently announced an integration with LayerZero Labs to power its Orbit expansion. The announcement was made on Camelot’s official X/Twitter account. The tweets read that Camelot is continuing to support Arbitrum Builders. Thus, the Arbitrum native DEX will be deployed on several...
AI-Powered DEX aggregator PlutoSwap (PLUTO) Launches Community Pre-Sale
23.2.2024
PlutoSwap (PLUTO) is making waves in the DeFi space with its launch of its AI-Powered DEX aggregator attracting significant attention from investors.
The post AI-Powered DEX aggregator PlutoSwap (PLUTO) Launches Community Pre-Sale appeared first on Cryptonews
Eigen Labs Secures $100 Million A16z Investment for Ethereum Protocol Expansion
22.2.2024
On Thursday, the Eigen Labs development team, responsible for the Eigenlayer restaking protocol, announced a $100 million investment from A16z Crypto. This substantial funding comes after the project’s $50 million Series A round in March 2023. Eigenlayer’s Development Team, Eigen...
Decentralized Money Market Protocol Aave Joins BNB Chain’s Defi Landscape
22.2.2024
On Feb. 22, 2024, the primary development group of the BNB Chain revealed that the decentralized finance (defi) money market protocol, Aave, has been successfully launched on the BNB network. Boasting a total value locked (TVL) of $8.571 billion, Aave is now active across 13 blockchains in total....
LBank Labs Leads Investment Round in FortyTwo, Pioneering UX Frontend for Interchain DeFi
22.2.2024
PRESS RELEASE. LBank Labs, a leading blockchain investment fund of $100M AUM announced today its participation in a strategic funding round for FortyTwo, a revolutionary UX frontend for decentralized finance (DeFi) across the interchain ecosystem. The investment round also saw participation from...
DeFi Startup Euler Finance Bounces Back with Revamped Lending Vaults
22.2.2024
Helius Secures $9.5M Series A Funding to Boost Solana-Based App Creation
22.2.2024
Solana infrastructure startup Helius said Thursday that it raised $9.5m in a Series A funding round, with Foundation Capital leading the investment.
The post Helius Secures $9.5M Series A Funding to Boost Solana-Based App Creation appeared first on Cryptonews
Amino Rewards uses Chainlink CCIP for cross-chain token transfers
22.2.2024
Amino Rewards has integrated Chainlink CCIP to leverage its Simplified Token Transfer capabilities and provide cross-chain AMO token transfers between ETH and BNB. Chainlink CCIP is a landmark established to guarantee interoperability between chains on the main nets of the Ethereum and BNB Chains. ...
Former Fidelity International Executive Luc Froehlich Joins Layer N Advisory Board
22.2.2024
Layer N, a roll-up network focused on scaling financial applications on Ethereum, has appointed Luc Froehlich, a former executive at Fidelity International based in Hong Kong, to its advisory board.
The post Former Fidelity International Executive Luc Froehlich Joins Layer N Advisory Board appeared...
The Protocol: Restaking Tokens Are Exploding, and Restaking Isn't Even Live
21.2.2024
In this week's issue of our weekly blockchain tech newsletter, Sam Kessler explores how "liquid restaking tokens" or LRTs are remaking decentralized finance. PLUS: Starknet's STRK airdrop, Stellar's smart-contract facelift and bitcoin's supply crunch
Bitcoin Advocate Fred Krueger Issues Stark Warning About Ethereum – Here’s What You Need to Know
21.2.2024
On February 21, popular Bitcoin maximalist Fred Krueger issued a stark warning about the world's first-ever smart contract network, Ethereum. In a post on X (formerly Twitter), Krueger stated that Ethereum is rapidly losing its essence amid growing competition in decentralized finance (DeFi).
The...
Roqqu Announces the Inclusion of Bitcoin.com’s VERSE Token on its Wallet Platform, Aiming to Foster DeFi in Africa
21.2.2024
PRESS RELEASE. 21st February, 2024 – Roqqu, a leading African blockchain technology company with over 1.6 million users and a vibrant community of 700,000 active users, is thrilled to announce the listing of VERSE token, the official utility and rewards token of Bitcoin.com, on its robust wallet...