Ondo’s USDY yield coin expands to Arbitrum
[Aug 27, 2024 8:40 PM] Tokenized treasury products are gaining widespread adoption on blockchain networks.
12 / 51 Relevant items tagged with #DEFI
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Defi Giant Makerdao Rebrands as Sky, Introduces USDS Stablecoin and SKY Token
[Aug 27, 2024 3:10 PM] The decentralized finance (defi) lending platform Makerdao is embracing a new identity, rebranding as Sky, according to co-founder Rune Christensen. Along with the fresh name, the platform will introduce two new assets: a stablecoin dubbed USDS and…
CoinDCX’s Okto wallet secures operational license in UAE free zone
[Aug 27, 2024 12:27 PM] Self-custodial wallet Okto received its license under RAK DAO, an economic free zone dedicated to virtual assets.
MakerDAO Is Now 'Sky' as $7B Crypto Lender Rolls Out New Stablecoin, Governance Token
[Aug 27, 2024 12:00 PM] The driving motivation behind the changes was "how to scale DeFi to gigantic size" and grow a decentralized stablecoin, Rune Christensen said in an interview with CoinDesk.
Maker DeFi lending protocol rebrands to Sky ahead of USDS stablecoin launch
[Aug 27, 2024 12:00 PM] Maker is also rebranding the world’s largest decentralized stablecoin ahead of the launch of its governance token, SKY.
Uniswap Revenue Flies To All-Time Highs: Is UNI Undervalued?
[Aug 27, 2024 5:30 AM] UNI, the native token of Uniswap, one of the top decentralized exchanges (DEXes), is under immense selling pressure. From the daily chart of the UNIUSDT, the token is down 62% from March highs, though prices have stabilized in the past few trading…
Vitalik Buterin responds to criticism that Ethereum ‘doesn’t care’ about DeFi
[Aug 26, 2024 12:33 PM] Buterin addresses accusations of neglecting DeFi, defending his views on DeFi and the importance of sustainability and core principles of the Ethereum ecosystem.
Proof-of-Ink to boost Web3 adoption, Fed rate cut could spur DeFi summer: Finance Redefined
[Aug 23, 2024 7:02 PM] Gavin Wood introduced a major infrastructure development for Web3 citizenship, while Hashkey’s CEO forecasted a resurgence in the DeFi market driven by lower interest rates.
Synthetix betting on new ‘multi-collateral’ perps ahead of Arbitrum rollout
[Aug 23, 2024 6:12 PM] Synthetix faces fierce competition on the DeFi-oriented layer 2.
Donald Trump Teases 'The DeFiant Ones' Crypto Project on Truth Social
[Aug 23, 2024 10:05 AM] “It’s time we take a stand – together,” Trump wrote on his Truth Social account with a Telegram group link to the unreleased decentralized finance platform.
DeFi Summer Is Making a Comeback, Steno Research Says
[Aug 23, 2024 9:06 AM] Total value locked across the crypto ecosystem is expected to reach an all-time high in the first half of next year, the report said.
Justin Sun says removing 12K Bitcoin from USDD is just ‘DeFi 101’
[Aug 23, 2024 3:44 AM] USDD’s Bitcoin collateral was removed without a vote from its DAO, but Justin Sun insists it’s a normal event in DeFi.
Donald Trump Pushes New Crypto Platform to Challenge Big Banks and Financial Elites
Memecoin Frenzy Reaches Tron as Justin Sun-Backed SunPump Rakes in Big Bucks
[Aug 22, 2024 1:07 PM] The memecoin generator launched in mid-August and has crossed $1 million in revenues in its first nine days - a large amount considering Tron’s low fees.
Franklin Templeton expands blockchain fund to Avalanche network
[Aug 22, 2024 1:00 PM] Franklin Templeton has expanded its pioneering blockchain-integrated money market fund to Avalanche, broadening institutional investor access to digital finance.
Notorious ‘jaredfromsubway’ MEV bot returns with new attacks
[Aug 21, 2024 3:26 AM] The “jaredfromsubway.eth” MEV bot appears to have relaunched with a better arsenal for carrying out attacks.
Solana price hits a wall at $150 as several headwinds intensify
[Aug 20, 2024 8:40 PM] SOL price struggles to gain upward traction as DApp volumes plunge, spot ETF odds dwindle, and memecoins fail to rally.
Tether to Launch USDT Stablecoin on Aptos Blockchain
[Aug 20, 2024 7:30 PM] Tether, the issuer of USDT, the largest dollar-pegged stablecoin in the crypto market, has announced the launch of its star product on Aptos, a scalable and rapid blockchain. Tether seeks to offer rails with “extremely low gas fees”…
AI Depin Project Grass Concludes Closed Beta and Outlines Airdrop Details
[Aug 20, 2024 6:30 PM] Grass, a depin AI web crawling project, has announced the end of its closed beta phase and outlined the requirements that users must fulfill to be eligible for an upcoming airdrop. The project announced that it will provide more details about the…
Mango Markets’ Future Hangs in the Balance With New SEC Settlement Vote
[Aug 20, 2024 4:30 PM] Mango Markets, the Solana-based decentralized finance (defi) platform that lost more than $110 million in 2022, is currently holding a vote on a proposed settlement with the U.S. Securities and Exchange Commission (SEC) over alleged securities…
Polychain leads $6.7M investment in new Bitcoin-centric yield network Corn
[Aug 20, 2024 2:00 PM] Corn aims to unlock more of Bitcoin’s $1.1 trillion liquidity for DeFi applications.
Optimism Finds Vulnerabilities in Fault Proof System, Proposes Upgrade to Patch Them
[Aug 19, 2024 11:30 PM] OP Labs, a software development company focusing on the Optimism ecosystem, has proposed an upgrade for the Optimism rollup called Granite, which comes to fix a series of vulnerabilities in the chain’s fault-proof system. While some…
Tron Triumphs as Cardano Fades—ADA Drops From Crypto’s Top 10
[Aug 19, 2024 9:30 PM] Based on recent market data, the cryptocurrency cardano (ADA) has fallen out of the top ten rankings, making way for tron (TRX) to take its place. ADA has struggled to hold its ground among the leading cryptocurrencies this year, and in the past 30…
110,000 Ether Pours into Liquid Staking Platforms, Boosting Defi Holdings
[Aug 19, 2024 12:30 AM] Based on the latest data, liquid staking platforms have experienced another uptick in deposited ether over the past week. Within this timeframe, 110,000 ether, valued at $292 million, has flowed into these decentralized finance (defi) protocols…
Eric Trump Interview Teases ‘Digital Real Estate’ Crypto Venture
[Aug 17, 2024 6:30 PM] Eric Trump, son of former President Donald Trump, recently shed some light on the mysterious crypto project that he and his brother, Donald Trump Jr., have been hinting at. In an exclusive interview with the New York Post, Trump revealed that the…
Wall Street Titans Boost Crypto Stakes: US Bitcoin ETFs Garner $2.4B In Q2 Inflows
[Aug 17, 2024 5:30 AM] The crypto market continues to be influenced primarily by broader macroeconomic conditions, with the latest US Consumer Price Index (CPI) report providing a glimmer of optimism for risk assets, including cryptocurrencies. Crypto Awaits Fed’s…
Lower interest rates could be the key to DeFi summer: HashKey CEO
[Aug 16, 2024 8:30 PM] Declining interest rates — along with rising investment in Bitcoin — could provide the fuel the DeFi market needs to experience a long-awaited resurgence.
Crypto VC funding hits $2.7B in Q2, Tron may be ‘most profitable blockchain’ — Finance Redefined
[Aug 16, 2024 7:02 PM] Crypto startup funding rose over 2.5% in Q2, and Tron could be on track to become the most profitable blockchain in terms of revenue, according to Justin Sun.
DeFi market stages a comeback as derivatives surge
[Aug 16, 2024 1:00 PM] Onchain derivatives fuel DeFi’s resurgence, with daily volumes reaching $5 billion amid rising competition.