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Ethereum scaling protocols drive zero-knowledge proof use: Finance Redefined
14.7.2023
The top 100 DeFi tokens had a mixed week, with most of the tokens trading in a narrow range before surging on July 13 courtesy of Ripple’s partial win in its court battle with the SEC
Ethereum scaling protocols drive zero-knowledge proof use in 2023
13.7.2023
Ethereum scaling remains the primary use case behind zero-knowledge proofs according to a report from ZKValidator
Lido Protocol's LDO Token Included as Second-Largest Holding in Grayscale's DeFi Fund
10.7.2023
The digital asset management firm Grayscale added Lido liquid staking protocol’s governance token to its DeFi fund.
The firm announced that it has adjusted the DeFi fund’s portfolio by selling certain amounts of the existing Fund Components in proportion to their respective weightings, and using...
On-chain derivatives are DeFi’s next boom opportunity — Apollo Capital
6.7.2023
With centralized exchanges coming under increasing scrutiny, Henrik Andersson has touted the promise of decentralized derivatives
Value Locked in Solana's Liquid Staking Protocols Surged by 91% in the First Half of the Year
5.7.2023
As the crypto market returns to form this year, so too has demand for liquid staking – especially in the Solana ecosystem. ...
Read More: Value Locked in Solana's Liquid Staking Protocols Surged by 91% in the First Half of the Year
Today in Crypto: Bitget Launches Crypto Loans Product, Ethereum Community Proposes New Standard to Strengthen DeFi Protocols' Security, China Tightens Exports of Two Key Materials Used in Computer Chips
4.7.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Bitget Launches Crypto Loans Product, Ethereum Community Proposes New Standard to Strengthen DeFi...
Liquid Staking Defi Platforms Now Secure Over 10 Million Ethereum Worth Close to $20B
2.7.2023
Based on recent data, over ten million ethereum is now secured within liquid staking derivatives platforms, with a valuation close to $20 billion at current exchange rates. Two leading liquid staking decentralized finance (defi) protocols, Lido Finance, and Rocket Pool, experienced 30-day growth...
Kyber Network Expands to zkSync Era: Deploying KyberSwap Aggregator and Classic Liquidity Protocols
22.6.2023
Kyber Network, a pioneer in the decentralised finance (DeFI) space, is excited to announce the deployment of its flagship product, KyberSwap, on zkSync Era. The deployment of KyberSwap Aggregator and Classic Liquidity Protocols on zkSync marks the 14th chain integration for Kyber Network, providing...
Privacy Protocols Have Not Gained Traction Because ‘User Experience Hasn’t Been up to Par’ — Namada Co-Founder
21.6.2023
According to Christopher Goes, the co-founder of privacy-focused blockchain Namada, many privacy protocols have not gained traction primarily because “the user experience hasn’t been up to par.” Part of the reason for this is that existing solutions such as Zcash “often require...
Defi TVL Holds Steady Above $42 Billion as Lido Finance Dominates With $12.69 Billion Locked
18.6.2023
On June 18, 2023, the total value locked (TVL) in decentralized finance (defi) protocols has been rangebound and hovering at just above the $42 billion range. Presently, Lido Finance dominates the value locked in defi with $12.69 billion or 29.76% of the aggregate. During the last month, the...
‘Distributed Validator Technology’ Marks Last Key Milestone in Ethereum’s Current Era
14.6.2023
The technology known as DVT involves splitting a validator's private key across several node operators. The goal is to increase the network's resilience – while also protect the individual validators – by reducing single points of failure
How Bitcoin can help secure proof-of-stake blockchain protocols
12.6.2023
Stanford University professor David Tse has pioneered a way to use Bitcoin as a means to secure proof-of-stake blockchains
Blockchain-Based, AI Compute Protocol Gensyn Closes $43M Series A Funding Round Led by a16z
12.6.2023
The capital infusion comes as interest in AI surges. Gensyn said it would use the money to accelerate the launch of the protocol and expand its workforce
Real-World Asset protocols outperform DeFi blue-chips due to tokenization wave
9.6.2023
Traditional finance companies are boosting their engagement with Ethereum-based real-world asset protocols, resulting in RWAs outperforming DeFi blue chips
Cumberland Labs unveils SaaS API for public blockchains and DeFi protocols
8.6.2023
When Cumberland Labs looked for a gateway between blockchains and DeFi protocols, it came up with its own universal API service
Circle Expands Euro-Pegged Stablecoin to Avalanche Blockchain
26.5.2023
On Thursday, the stablecoin issuer Circle Financial announced that the euro-pegged crypto asset EUROC is expanding natively on the Avalanche (AVAX) blockchain. According to Circle, several decentralized finance (defi) protocols and projects are supporting the new AVAX-issued EUROC asset....
Over 440,000 Ethereum Added to Liquid Staking Derivatives in Two Weeks
13.5.2023
In less than two weeks, the total value locked (TVL) in liquid staking derivatives has increased by 441,110 ether, worth roughly $793 million. While Lido Finance dominates the market with 74.35% of the TVL, competing liquid staking protocols Rocket Pool and Frax Ether have recorded double-digit...
Blockstream Developer Neigut Expects ‘Cambrian Explosion’ of Bitcoin Layer 2 Protocols
3.5.2023
Bitcoin already has one of the most diverse layer 2 ecosystems of any network, according to Bitcoin developer Lisa Neigut
Binance, Coinbase Endure $700M in Staked Ether Outflows as Decentralized Liquid Staking Protocols Gain
3.5.2023
Investors are ditching the centralized exchange giants to stake their ETH holdings on decentralized alternatives amid regulatory concerns, and as they chase higher rewards, crypto analysts say
Ethereum’s Liquid Staking Protocols Attract 400,000 Ether After Shapella Upgrade
30.4.2023
Just over two weeks have passed since Ethereum’s Shapella upgrade on April 12, 2023, which occurred at block height 6,209,536, enabling stakers to withdraw for the first time. At the time of the upgrade, slightly over 8 million ethereum was locked into liquid staking protocols. Since then...