DeFi News

Instadapp CEO Sowmay Jain says Fluid, a DeFi protocol created by his company, is a worthy competitor for Uniswap. In a recent post, Jain highlighted Fluid’s achievements, calling it the...

Ethereum’s price is trending upward, showing a significant bounce that could mark the beginning of a new uptrend. This optimism stems from the increased activity of DeFi protocols. This trend...

As discussions around potential U.S. regulatory changes gain momentum, Rune Christensen, co-founder of MakerDAO and Sky Protocol, suggested that the victorious Donald Trump could revolutionize decentralized finance (DeFi). According to...

Crypto adoption in Eastern Europe is increasing, despite war and regulatory uncertainties. The region received $499.14 billion in crypto between July 2023 and June 2024, representing 11% of global crypto...

1inch collaborates with the Bruce Lee Family Company to foster DeFi and Web3 adoption. The DeFi platform 1inch announced a long-term collaboration with the Bruce Lee Family Company to promote...

A proposed collaboration between the layer-1 blockchain Injective (INJ) and the blockchain artificial intelligence (AI) protocol Fetch.AI (FET) has sent bullish signals across community members and investors. A crypto analyst...

Federal Reserve Governor and former FOMC member Christopher Waller compared decentralized finance (DeFi) with centralized finance (CeFi), asserting that the former cannot completely replace the latter. At the Vienna Macroeconomics...

Institutional investors are pouring funds into Ethereum (ETH), drawn to its leading position in decentralized finance (DeFi), stablecoins, and tokenization. With its established presence and ongoing development, ETH is becoming...

Bittensor is bringing Ethereum Virtual Machine (EVM) compatibility to its decentralized platform, opening the door for developers to deploy smart contracts using familiar tools like Solidity, Truffle, and MetaMask. This...

Donald Trump’s World Liberty Financial (WLFI) token has underperformed despite the initial hype. A significant amount of the token remained unsold, with only 4.24% sold on the first day. The...

There has been a noticeable rise in blockchain applications that do not follow the Ethereum Virtual Machine (EVM) standard. These decentralized applications (DApps) leverage the unique features of non-EVM blockchains...

The United Arab Emirates (UAE) saw a 74% jump in the total value of DeFi transactions compared to last year, according to Chainalysis. Token value sent through DEX surged by...

Tron founder Justin Sun received yet another big chunk of EIGEN tokens—3.62 million, worth about $14.1 million. This comes after he already received an $8.75 million airdrop from EigenLayer. Sun...

A cryptocurrency analyst on X forecasts a bullish future for Cardano (ADA), stating that the proof-of-stake blockchain’s native token is ten times stronger than at a similar point in the...

The upcoming U.S. Presidential elections are expected to influence the cryptocurrency market, with Bitcoin and Ethereum likely to see price volatility. Bitcoin has recently surged following the approval of multiple...

According to a new report from Token Unlocks, a platform that provides data on the unlocking events of blockchain projects, RWA and liquid restaking protocols have seen significant gains, outperforming...

Solana overtook Ethereum in weekly decentralized exchange (DEX) volume for the first time in 43 days. Data from DeFiLlama showed that Solana processed $9.1 billion across its DEXs over the...

Bitlayer teamed up with LayerZero Labs to improve cross-chain interoperability within its ecosystem. This partnership will use LayerZero’s open-source, immutable messaging protocol. This will allow Bitlayer projects to create dApps...

Optimism (OP) is currently trading at $1.72 with a 24-hour trading volume of $147.7 million. The Layer-2 scaling solution has seen a 2% price increase in the past 24 hours,...

According to Kaiko AI Research, Chain Abstraction soared 673% between January and August 2024. This remarkable growth makes it the highest-ranked token standard by growth rate among the top four...

SUI, the native token of the layer-1 blockchain platform Sui, hit a major milestone reaching a total value locked (TVL) of over $900 million. Host of the Altcoin Buzz podcast...

Sui Network (SUI), a layer-1 blockchain network that is relatively new to the digital asset space, has witnessed a massive growth in its total value locked (TVL) recently, recording a...

DeFi Educational Fund’s Chief Legal Officer Amanda Tuminelli believes the sentiment toward cryptocurrencies is getting better, with more people feeling positive about the technology. Tuminelli shared this view during a...

Vitalik Buterin, the co-creator of Ethereum, weighed in on the potential of blockchain technology to the modern insurance industry. He stated how much insurance DAOs were “underrated” hinting the sector...

The TON ecosystem is growing, thanks to increased activity in mini-games and decentralized finance (DeFi). Currently, the number of daily active wallets is nearing 1 million, and the market value...