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Nalezeno "DeFi": 7714

Floki’s TokenFi goes live to capitalize on tokenization possibilities


Floki has announced launching TokenFi on October 27, 2023, at 3 p.m. UTC. Its ticker is FLOKI, with a total supply of 10 billion. This will be equally split between BSC and ETH. Meaning both networks will host 5 billion FLOKI, respectively. The objective of introducing a crypto and asset...

Neo Announces EVM-Compatible Sidechain to Prevent MEV Attacks


Neo, the open-source blockchain platform, has revealed its plans for the development of a new Ethereum Virtual Machine (EVM)-compatible sidechain, a move aimed at expanding its capabilities in the decentralized finance (DeFi) sector. Sidechain Will Offer Interoperability With NEO N3 Mainnet In...

Value Locked in Defi Surpasses $40 Billion, Marking a Significant Recovery


Amid the recent gains in the crypto economy, the total value locked, or TVL, in decentralized finance, or defi protocols, has risen above the $40 billion threshold. This is after remaining below that level since mid-August. The top 100 defi coins by market capitalization are just below the...

BitGo now supports INJ via Injective integration


BitGo has announced its support for INJ through integration with Injective. It will happen on the platform of BitGo, enabling institutional players and the DeFi community to gain greater access to the product. This marks a major step towards bridging the gap with traditional finance. Moreover,...

Highlights of the Africa Money and DeFi Summit


Africa Money and DeFi Summit is seeing the Hedera ecosystem lead the charge for banking the bankless. In fact, the topic was the focal point of the event for the majority of its duration. It was taken up by many experts in sessions and presentations. The event welcomed the participation of Pete...

Are Rising Yields Putting the Squeeze on DeFi?


In this week’s “Crypto Long & Short,” Todd Groth investigates the interplay between TradFi and DeFi yields and why comparisons across markets are often overly simplified apples vs oranges

Chainlink tweets about 3 pillars driving economic growth


Chainlink recently released a tweet on its official X/Twitter account to talk about its economic growth. The renowned Oracle solution provider is experiencing rapid growth across its three pillars. These pillars are: Increased Monetization: Be it introducing new payment models or day-1 monetization...

Yield App onboards six fresh cryptocurrencies


Yield App takes great pleasure in coming out with its declaration of having taken on six fresh cryptocurrencies. They are the Polygon Network (MATIC), as well as Solana (SOL), Polkadot (DOT), Atom (ATOM), Ripple (XRP), and Link (LINK). It will now be possible for users to earn 5% via the Yield...

Linea releases its new ERC20 token bridge for DeFi apps


Linea has released its new ERC20 token bridge for DeFi applications. The announcement was made on the official X/Twitter account of Linea. According to the tweet, Linea has partnered with MetaMask, Circle, Transak, and Banxa for the bridge. Besides the bridge, the tweet also teased a limited-time...

10 Decentralized Finance Protocols Rule Over 52% of the WBTC in Circulation


Over the span of ten months, since mid-December 2022, the cryptocurrency known as wrapped bitcoin (WBTC) experienced a reduction of nearly 23,000 coins from its circulation. Today, WBTC has 79,839 distinct wallet holders. Notably, a hefty 73.76% of these tokens are concentrated within the top...

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