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Bitcoin Will Power the Next DeFi Summer
19.4.2024
PolkaPool launches: Welcome to the auto-swap era!
19.4.2024
Polkadex has developed a simpler way to order a new Orderbook by adding PolkaPool and Auto-Swap functionality. This is a great advancement for their trading platform, as it creates a smoother process for new traders who are all interested in decentralized exchange trading. They are now subject...
Eisenberg found guilty of Mango Markets exploit
19.4.2024
Avraham Eisenberg exploited Solana-based Mango Markets in October 2022. He was charged with the allegations two months after that, that is, in December 2022. Now, almost 18 months after being charged by the US District Court or the Southern District of New York, Eisenberg has been convicted...
CoreDAO introduces native staking to Bitcoin
19.4.2024
CoreDAO is bringing native staking to Bitcoin via Core Chain. There are two objectives behind this: one is to tap into the trapped Bitcoin liquidity, which is estimated to be around a trillion dollars, and the second is to put ideal BTC tokens to work. The latter rather serves the majority of...
Polygon introduces the integration of Cosmos to AggLayer via Union
19.4.2024
Polygon has said that Union is bringing Cosmos to AggLayer to facilitate cross-chain transactions and inter-network communication better. It will fundamentally leverage zero-knowledge proofs to allow sovereign chains to share liquidity and state safely. Union will ensure a seamless transfer...
Aptos Strikes DeFi Partnership With Microsoft, Brevan Howard, SK Telecom
18.4.2024
The aim is to offer banks and large institutions a gateway to decentralized finance on Aptos
DeFi’s Path to Mass Adoption Goes Through Fintech Firms, Centralized Exchanges, Morpho Labs Chief Says
18.4.2024
SingularityNET and Minswap Labs team up to revolutionize Cardano DeFi
18.4.2024
SingularityNET and Minswap Labs entered into an exclusive agreement in order to fulfill their joint commitment to introducing superior products and services to the Web3 space. In accordance with their formal agreement, both entities will investigate and advance various integrations that center...
OGN & OGV merger finalized, Enhancing blockchain unity
17.4.2024
In a significant development within the blockchain industry, the merger proposals between Origin Protocol (OGN) and Origin Governance Token (OGV) have been finalized, marking a pivotal moment in the consolidation of decentralized finance (DeFi) projects. OGN and OGV are prominent projects within...
Tokenized Credit Platform Centrifuge Plans Institutional RWA Lending on Coinbase's Base, Raises $15M in VC Investment
17.4.2024
CFG, the protocol's native token, spiked as much as 14% after the announcement before paring gains and outperformed other DeFi tokens
DeFi Protocol Tranchess, Scroll, and StakeStone Launch New Yield Product, Queen Stone
17.4.2024
Tranchess, a decentralized protocol specializing in risk-adjusted yield solutions for digital assets, has collaborated with StakeStone, and Scroll to launch a new yield product, Queen Stone (stoneQUEEN).
The post DeFi Protocol Tranchess, Scroll, and StakeStone Launch New Yield Product, Queen Stone...
DeFi Firm Usual Labs Raises $7M Round Led by Kraken Ventures and IOSG Ventures
17.4.2024
The firm has received a commitment of $75 million in total value locked for the launch of its stablecoin USD0
Stader adds Chainlink CCIP & Price Feeds for cross-chain liquid staking
17.4.2024
Stader recently announced that Chainlink CCIP will be integrated across its Arbitrum and Ethereum mainnets. The platform will leverage CCIP’s STT (Simplified Token Transfer) capabilities for ETHx cross-chain transfers. This will enable a secure and seamless cross-chain experience for users....
Restaking protocol comes under the limelight
17.4.2024
Eigen Layer’s mainnet release has brought restaking protocol under the limelight, reopening LST deposits and doing away with all caps related to LSTs. It is also because of late release, which has resulted in many releases. Being an inventive liquid restaking platform, PrimeStaked provides users...
Study: Three-Quarters of Defi’s Total Value Locked Earn 5% APY in Low-Risk Contracts
17.4.2024
In the first quarter of 2024, approximately $43.8 billion, or 76% of the decentralized finance yield market, earned an annual percentage yield (APY) of about 5% in very low-risk contracts. Staking played a crucial role in the resurgence of decentralized finance, bolstered by the Ethereum network’s...
Folks Finance chooses Avalanche for its cross-chain lending app
17.4.2024
Folks Finance recently announced that they are choosing Avalanche for its cross-chain lending app. The DeFi hub offers leveraged trading, lending, liquid staking, on/off ramp, leverage liquid staking, and swaps. Given Folks’ well-rounded product suite, users find it robust and flexible...
Drift Foundation Announces 100 Million Token Airdrop for Solana-Based Dex Users
16.4.2024
On April 16, 2024, the Drift Foundation, which supports the Solana-based decentralized exchange (dex) platform Drift, disclosed plans to distribute 100 million tokens to its users. The tokens will function as the platform’s governance coin, to be utilized by the community and the Drift...
Franklin Templeton unveils Runes as key to Bitcoin’s DeFi evolution
16.4.2024
Franklin Templeton, a renowned investment firm, has released a comprehensive analysis outlining how the integration of Runes could catalyze the growth of decentralized finance (DeFi) on the Bitcoin network. The analysis begins by examining the current state of decentralized finance on the Bitcoin...
Solana releases an update to finish with network saturation
16.4.2024
Solana has released an update for putting closure on network clogging due to spam bots and memecoin trading. The builders at Solana suggest that they incorporate a required network update to combat the clogging impacting the protocol. Mainnet Beta authenticators are being suggested to use...
Zilliqa shares current developments shaping its ecology
16.4.2024
The Zilliqa ecosystem experienced noteworthy advancements in March 2024, which served as evidence of the platform’s ongoing expansion and aptitude for novelty. This month-long summary of Zilliqa’s highlights and successes sheds light on the platform’s ecosystem and its impact...