42 / 50 Relevant items tagged with #DeFi

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Defi Market Holds Steady at $49.31 Billion TVL, Lido Finance Leads the Pack With 24.82% Share

[May 6, 2023 11:30 AM] Since April 18, 2023, the total value locked (TVL) in decentralized finance (defi) has been fluctuating just below the $50 billion threshold. As of today, the TVL amounts to $49.31 billion, registering a 1% increase within the last 24 hours. TVL in…

UMA Token Surges By 28% Despite General Bearish Trend

[May 6, 2023 5:20 AM] UMA (UMA) has registered an impressive 28.7% gain in the last seven days, according to data by CoinMarketCap. In a week marked by market losses and little gains, the DeFi token showed much resilience to emerge as one of the biggest weekly gainers. …

Pepecoin Short Sellers Lose Millions as PEPE Jumps to $900M Valuation

[May 5, 2023 12:18 AM] The market capitalization for the tokens jumped to nearly $900 million as the frenzy seems neverending.

Liquid Staking Platform Lido Surpasses 6M Ether Deposits as Shanghai Upgrade Spurs Inflows

[May 4, 2023 12:03 PM] Ethereum’s Shanghai upgrade spurred deposit inflows to liquid staking protocols, including to the largest player Lido.

Layer 2 Network Optimism to Use Ethereum Attestation Service to Promote User Trust

[May 4, 2023 7:00 AM] The attestation service will allow any Optimism user to create digital sign-offs on all kinds of information involving the blockchain’s activities and users.

OpenTrade Raises Over $1.5M for Building Crypto Structured Financial Products

[May 4, 2023 7:00 AM] The platform will offer liquidity pools for U.S. Treasury bills, later this year.

Arbitrum-Based Exchange Chronos Attracts $170M to Yield Pools in a Single Day

[May 4, 2023 6:05 AM] The price of the DEX’s native chr token jumped 25% in 24 hours.

Solana Founder Brushes Off FTX Woes, Remains Confident in Crowded Blockchain Landscape

[May 4, 2023 3:56 AM] Prominent projects are porting over to the Solana network and developer activity remains strong, Anatoly Yakovenko said in a CoinDesk TV interview.

‘WallStreetBets’ Themed Tokens Plummet 90% as Insider Dumps Treasury Holdings

[May 4, 2023 12:44 AM] WSB prices fell sharply as the apparent token sale by insiders led to token holders dumping holdings en masse.

U.S. SEC Changes Its Mind on Officially Labeling Digital Assets

[May 3, 2023 4:37 PM] The U.S. Securities and Exchange Commission (SEC) took one small step backwards in regulating the crypto sector on Wednesday, when it deleted what would have been its first formal definition of “digital asset” from its latest hedge fund rule.

DeFi Protocol Curve Finance Deploys Native Stablecoin on Ethereum Mainnet

[May 3, 2023 2:59 PM] The deployment marks a major milestone for the public release of Curve’s highly anticipated native stablecoin.

Can CBDCs, Tokenized Deposits, Stablecoins and DeFi Coexist?

[May 3, 2023 8:20 AM] Modern payments tools may eventually compete with banks. But is there a place for tokenized bank deposits and central bank digital currencies in DeFi?

Breaking the Barriers of Traditional Banking With Digital Assets

[May 3, 2023 2:30 AM] Another one bites the dust! The banking industry in the United States is in trouble, and regional banks are feeling the squeeze. A number of banks have failed recently due to mismanagement, poor risk management, and other factors which are leading…

UK Crypto Tax Advisers Welcome Proposed Changes to DeFi Lending, Staking Treatment

[May 2, 2023 4:47 AM] The country’s tax authority is consulting the public on new rules it said are aimed at reducing the burden on crypto users.

NFT Marketplace Blur Launches Blend, a Peer-to-Peer Lending Platform

[May 1, 2023 9:59 AM] Short for Blur Lending, Blend will allow collectors to buy blue-chip NFTs with a smaller up-front payment, similar to a down payment on a house.

April’s crypto scams, exploits and hacks lead to $103M lost — CertiK

[Apr 30, 2023 11:01 PM] The month was particularly bad for exploits, with the amount lost accounting for half of the total crypto exploited so far in 2023.

Ethereum’s Liquid Staking Protocols Attract 400,000 Ether After Shapella Upgrade

[Apr 30, 2023 8:00 AM] 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…

PancakeSwap (CAKE) Plummets 24% Amidst Debate Over Reduced Staking Rewards

[Apr 27, 2023 2:00 PM] PancakeSwap (CAKE) token holders have been on a roller coaster ride as stakers brace for reduced rewards. The community is debating a change in the token’s economic model. Over the past week, governance token, CAKE, has suffered a continuous…

Avalanche Remains Under Pressure Despite Circle’s CCTP Effort

[Apr 27, 2023 12:00 PM] The native currency of Avalanche, AVAX, remains under pressure despite Circle’s effort to launch a facility that will enable the direct transfer of USDC between Ethereum and Avalanche blockchains.  Avalanche (AVAX) Is Down 18% From April 2023…

BCH Bull Launches Production Release, While Cashfusion Fuses Over $2 Billion in BCH

[Apr 27, 2023 12:00 PM] As the Bitcoin Cash enthusiasts brace themselves for the much-awaited upgrade that vows to unleash decentralized applications, General Protocols revealed a complete production release of its decentralized hedging application, boasting a doubled…

UK Tax Authority Proposes Changes to Treatment of DeFi Lending, Staking

[Apr 27, 2023 7:45 AM] The proposed framework, now open for public consultation, will also apply to crypto lending and staking through intermediaries, the authority said.

PancakeSwap DAO Votes For “Aggressive Reduction” of CAKE Token Inflation

[Apr 27, 2023 5:53 AM] A vote, which is supposed to end Friday, has seen 70% of the community vote in favor of reducing block rewards drastically over the next few months.

Cross-Chain Bridge Stargate's Volume Soars as Airdrop Hunters Set Sights on LayerZero Token

[Apr 27, 2023 5:17 AM] Volume on the Stargate cross-chain bridge has surged by 30% in the past 24-hours as investors attempt to meet the criteria for a rumored LayerZero airdrop.

DEX Merlin and CertiK Plan to Compensate $2M to Users Impacted in Rugpull

[Apr 27, 2023 12:56 AM] A rogue developer behind the hyped launch allegedly conducted the rugpull on Wednesday.

CeFi Exchanges Helped Mass Crypto Adoption; DeFi Will Further It

[Apr 26, 2023 12:38 PM] Centralized exchanges will continue to serve as a first step into crypto but decentralized exchanges will further the future of financial systems, panelists say at Consensus.

Arbitrum Completes Distribution of $120M Airdrop

[Apr 26, 2023 6:22 AM] Not everyone is aiming for community growth and market capture with the ARB stimulus.

Why anonymity is key to self-autonomy — And how crypto helps freedom movements win

[Apr 26, 2023 6:20 AM] The Agenda podcast chats with DarkFi to explore how Rojava is experimenting with cryptocurrency and why encryption and anonymous spaces are critical for building self-autonomy.

DeFi Protocol iZUMi Finance Raises $22M

[Apr 26, 2023 5:39 AM] The fundraise involved issuing semi-fungible tokens (SFTs) to investors.

DeFi Protocol DFlow Raises $5.5M to Bring Payment for Order Flow to Crypto

[Apr 25, 2023 7:07 AM] Decentralized Finance protocol DFlow would bring a controversial practice in the equities market into the world of decentralized finance.

What to Expect at Consensus 2023

[Apr 24, 2023 12:38 PM] From Solana Phones to the future of U.S. crypto policy, here’s what to look out for at crypto’s Big Tent event – Consensus.