4 / 13 Relevant items tagged with #DecentralizedFinance

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Space and Time Secures $20 Million in Series A Funding to Enhance AI and Blockchain

[Aug 27 10:30 PM] Space and Time (SxT) Labs has announced the completion of a $20 million Series A funding round, led by Framework Ventures and supported by several prominent investors. SxT Labs disclosed that the funding aims to accelerate the company’s…

Flare Network Integrates Polyhedra’s ZK Bridge for Enhanced Cross-Chain Security

[Aug 27 9:10 PM] Flare Network has integrated with Polyhedra’s ZK Bridge, allowing developers to build secure cross-chain applications. This collaboration leverages Layerzero’s interoperability while benefiting from the robust security of zero-knowledge proofs…

Defi Giant Makerdao Rebrands as Sky, Introduces USDS Stablecoin and SKY Token

[Aug 27 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 12:27 PM] Self-custodial wallet Okto received its license under RAK DAO, an economic free zone dedicated to virtual assets. 

Maker DeFi lending protocol rebrands to Sky ahead of USDS stablecoin launch

[Aug 27 12:00 PM] Maker is also rebranding the world’s largest decentralized stablecoin ahead of the launch of its governance token, SKY.

UAE Investment Firms Announce $500 Million Digital Energy Infrastructure Fund

[Aug 27 6:05 AM] United Arab Emirates-based investment firms Hodler Investments and Gewan Holding have announced plans to launch a $500 million Digital Energy Infrastructure (DEI) Fund. This fund aims to invest in energy infrastructure projects that support the…

Vitalik Buterin responds to criticism that Ethereum ‘doesn’t care’ about DeFi

[Aug 26 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 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.

Donald Trump Pushes New Crypto Platform to Challenge Big Banks and Financial Elites

[Aug 22 11:30 PM] Former U.S. President Donald Trump has promoted his family’s new cryptocurrency platform, “The Defiant Ones,” to his 7.5 million followers on Truth Social, framing it as a response to financial inequality. The Trump…

How Vitalik Buterin’s pluralistic vision could reshape blockchain governance

[Aug 21 1:08 PM] While Buterin believes pluralistic philosophy can enhance existing systems, he acknowledges that it cannot replace them.

Starknet set for first mainnet staking vote: What STRK holders need to know

[Aug 20 12:08 PM] Starknet’s inaugural staking vote introduces mechanisms for minting and parameter adjustments, paving the way for staking by October 2024.

ParaSwap launches intent-based protocol to curb MEV attacks

[Aug 19 1:00 PM] Popular MEV attacks, such as sandwich transactions, have netted attackers nearly $17 billion in the past 30 days.

Innovation in Crypto Moves Faster Than Governments, Needs Self-Regulation, Says Serial Innovator

[Aug 18 10:30 AM] Although the blockchain industry owes much of its success to so-called bridges, these are far from perfect solutions, argues Justin Wang, the founder and CEO of Zeus Network. While they help address the problem of liquidity segmentation that…

Eric Trump Interview Teases ‘Digital Real Estate’ Crypto Venture

[Aug 17 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…

Crypto VC funding hits $2.7B in Q2, Tron may be ‘most profitable blockchain’ — Finance Redefined

[Aug 16 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.

Coinbase cbBTC token may revolutionize Bitcoin DeFi adoption

[Aug 16 9:42 AM] Coinbase’s step marks the latest significant institutional entrant to the field of BTCFi.

Arbitrum DAO boosts ARB utility with staking and governance upgrades

[Aug 16 7:53 AM] The DAO bolsters its framework and community by enabling ARB staking and enhancing token utility and security.

Chainlink Integrates Data Streams and VRF on Base Blockchain

[Aug 15 7:30 PM] Chainlink has expanded its offerings on the Base blockchain by launching its Data Streams and Verifiable Random Function (VRF) services. This development ensures that the full suite of Chainlink products is now accessible to developers using Base…

Chaos Labs Raises $55M as Demand Grows for On-Chain Risk Management

[Aug 15 2:00 PM] The influx of capital comes as Chaos Labs, founded in 2021, looks to expand its platform, designed to address the growing need for automated risk management in decentralized finance (DeFi).

Chainalysis alerts rise in crypto hacks and ransom in 2024

[Aug 15 1:00 PM] Cryptocurrency hackers have been returning to their roots to targeting centralized exchanges amid a spike in the Bitcoin price in 2024.

Immutable taps Fireblocks to help game developers manage digital assets

[Aug 15 1:00 PM] Immutable teams up with Fireblocks to secure asset management for Web3 games, NFTs and DeFi projects within its ecosystem. 

DeFi rises again as Aave hits new ATH in weekly borrowers

[Aug 15 2:50 AM] Layer-2 chains Base and Scroll have contributed to Aave’s recent borrower and depositor growth.

TON, Pyth team up for real-time DeFi data

[Aug 14 2:00 PM] TON and Pyth’s collaboration brings institutional-grade real-time price feeds to TON developers, enhancing DeFi innovation.

Internet Computer Protocol Implements Threshold-Schnorr Signatures, Enhancing Bitcoin Integration

[Aug 13 3:30 PM] The Internet Computer Protocol (ICP) has integrated threshold-Schnorr signatures and onchain Bitcoin block headers as part of its Deuterium milestone. This development aims to expand the utility of Bitcoin within the decentralized economy, allowing…

20 Crypto Startups Raise $141.3 Million in Less Than 2 Weeks 

[Aug 13 3:20 AM] In the first 12 days of Aug., $141.3 million has flowed into crypto, defi, and blockchain ventures, according to recent metrics. Morpho, a decentralized lending developer, accounted for roughly 35.38% of the total funds raised across 20 different…

Bitcoin Reserves on Exchanges Hit 5-Year Low With $5.96B Withdrawn in 30 Days

[Aug 11 8:10 PM] According to data from cryptoquant.com, bitcoin reserves on centralized exchanges have plummeted to a level not seen since Nov. 19, 2018. The amount of bitcoin held by these digital trading platforms has been steadily declining since early June…

Cornell Professor Warns of Growing Crypto Risks Amid Misleading Promises and Hype

[Aug 11 2:30 AM] A professor at Cornell University’s Dyson School, Eswar Prasad, has raised concerns about the increasing risks in the cryptocurrency market, pointing to regulatory gaps and centralization as key issues. “If anything, crypto today presents…

Elixir’s Yield-Bearing DEUSD Stablecoin Sees 12,071% Growth in 24 Hours 

[Aug 8 5:30 PM] Yield-bearing stablecoins are gaining traction, with the modular DPoS network Elixir recently introducing a new stablecoin, DEUSD, that offers holders the opportunity to earn returns from the crypto asset. Since Aug. 7, DEUSD’s market value…

Nomad Bridge hacker moves $35.2M in ETH to Tornado Cash

[Aug 8 9:10 AM] The transfer involving the Nomad Bridge exploiter and Tornado Cash highlights the ongoing battle between privacy and regulation in the cryptocurrency industry.

Tornado Cash sanctions effective, reveal Ethereum weakness: NY Fed

[Aug 7 9:34 PM] Cooperation with the US Treasury sanctions on Tornado Cash was strongest at the user level and weaker further along the settlement chain.