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DeFi Market Forecast: A $18.28 Billion Explosion by 2027

9.2.2024
Key Findings: In 2024, the DeFi sector is projected to record a 47.5% revenue increase to $26.15 billion. Between 2023 and 2027, DeFi market revenue is projected to rise to $18.28 billion, representing a 103% increase. The DeFi user base in the USA will increase by 95%, from 8,673,000 in 2023 to...

TRON dApps and DeFi growth contribute to TRX price surge

9.2.2024
TRON remains one of the most well-known blockchain-based platforms on the market. TRON, founded by Justin Sun in 2017, has swiftly become a household name. However, the platform also suffered during the long crypto slugfest. Now, the DeFi growth and dApps on TRON are contributing to TRX’s price...

NEAR Foundation and Meta Pool enhance ENO Program

8.2.2024
NEAR Foundation has announced that it has partnered with Meta Pool, which is tasked with helping the Foundation effectively roll out the Enterprise Node Operators Program, also referred to as the ENO Program, or simply ENO. The objective is to onboard institutions and companies into the ecosystem...

Chainlink’s PYUSD Price Feed boosts PAXOS’ Tokenized RWA Economy

8.2.2024
Chanlink supports the PYUSD Chainlink Price Feed on the Ethereum mainnet in order to accelerate the promotion of PayPal USD, PayPal’s USD-backed stablecoin published by Paxos. Users can get decentralized, accurate, and reliable PYUSD market data on the blockchain with this current PYUSD Price...

OKX Breaks Into Argentina With Wallet And Crypto Exchange

7.2.2024
OKX launched localized trading services in Argentina on February 7 to provide Argentinians access to the non-custodial OKX Web3 Wallet. This development will establish a secure gateway for managing DeFi, trading NFTs, accessing dApps, and more in one of Latin America’s largest crypto markets...

Aave Stablecoin GHO Hits $1 Peg After Six Months – Here’s More

7.2.2024
Aave’s GHO stablecoin has hit the $1 mark after trading below the peg for over six months since its launch in July 2023. The asset’s price hit $1 on Feb 6 following efforts from the wider community, which included integrations with the Aave decentralized finance (DeFi) lending protocol....

Plume Joins Arbitrum: A New Era of Blockchain

7.2.2024
Plume Network has officially gone live to the market as a historical launch of modular Real World Asset Layer 2, Arbitrum Orbit—an important step in forming history with blockchain infrastructure. An astute alliance with Arbitrum, a market leader in layer two scaling solutions, provides Plume...

U.S. SEC Clears 'Dealer' Rule Expansion That Could Rope in DeFi

6.2.2024
The U.S. Securities and Exchange Commission (SEC) widened its definition of a dealer today to pull many more financial operations into its jurisdiction – including, as it warned in a footnote of its original proposal – those dealing in crypto securities

DYOR Exchange: De-Risking the Web3 Trading Process for the New Generation

6.2.2024
  Amid a crypto landscape where a lack of knowledge often turns away potential users, DYOR Exchange is bridging the knowledge gap to enable easy access to the world of DeFi and Web3 Given that an estimated 90% of cryptocurrency traders end up in the red, one might be tempted to simply throw...

StakeEase collaborates with KelpDAO to unlock one-click restaking

6.2.2024
StakeEase has announced a partnership with KelpDAO. The objective is to better tap into the ever-growing landscape of re-staking. StakeEase and KelpDAO are bringing the power of simplification and democratization to enhance users’ experience, irrespective of where they have their funds....

DeFi TVL Reaches $60 Billion, Highest Level Since August 2022

6.2.2024
The decentralized finance (DeFi) sector is experiencing a surge in popularity, with the total value of tokens (TVL) deposited on DeFi-focused blockchains reaching $60 billion. This marks the highest level since August 2022, according to data provider DeFi Llama.  The recent increase in TVL can...

Farcaster Records Surge in Daily Users with Frames Launch

5.2.2024
The number of daily active users on the decentralized social protocol Farcaster surged to nearly 30,000 on February 4, 2024, according to on-chain data by Dune Analytics. The nearly tenfold increase since January 26 is due to the launch of the Frames feature across Farcaster’s protocols. Much...

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