DeFi News

The crypto market just witnessed a steep decline, noted as the worst drop since 2021. However, investors are keeping a close eye on some altcoins, mostly DeFi tokens, which are...

RippleX has notified XRPL developers of a scheduled Testnet reset slated for August 19, 2024, beginning at 3:00 AM EST. The reset will last around 15 minutes, during which the...

Aave, a leading DeFi lending protocol, has showcased its resilience amidst the crypto market crash by generating $6 million in revenue overnight through decentralized liquidations. This impressive feat was highlighted...

Wall Street is diving deeper into tokenization, transforming real-world assets into digital tokens on the blockchain. But there’s a catch: should they venture into the “Wild West” of decentralized finance,...

The surging popularity of “onchain” as a Google search term signals the rising curiosity about blockchain technology, a trend also amplified by promotional campaigns from players like Coinbase. The search...

A glitch in Microsoft’s operations has caused significant disruptions across several sectors of the global tech system. The London Stock Exchange, airlines, and banks were hit hard following the tech...

The market for tokenized U.S. Treasuries could surpass $3 billion by the end of 2024, according to Tom Wan, a data and research strategist at Dune Analytics. Wan’s prediction comes...

According to data from DeFiLlama, the leading DeFi data aggregator, Solana’s on-chain DEX transaction volume surpassed that of Ethereum for the first time on Monday, July 8, 2024. Solana’s transaction...

Pendle, a DeFi protocol at the forefront of tokenization, has seen its Total Value Locked (TVL) nearly halved since mid-June, as the broader crypto market faces a sustained period of...

Cryptocurrency exchange Coinbase is venturing into a novel trading arena with the launch of pre-launch markets, enabling users to speculate on the future value of tokens before they are officially...

Convex Finance’s (CVX) price surged over 100% within the past 24 hours, accompanied by record-breaking trading volumes across major exchanges. On June 16, crypto analyst Wu Blockchain highlighted that Binance...

Crypto startups have hauled over $101 billion since 2014. VC deals and token sales represent the major propellant of the crypto industry’s growth. Investors are scared by blow-ups like the...

Crypto-based social media platform Farcaster has experienced rapid growth, reaching 50,000 daily active users and a $1 billion valuation. This success has sparked discussions within the Web3 community about the...

JTO, the native cryptocurrency of Solana’s leading liquid staking pool, Jito Protocol, could be poised for a rebound, according to a prominent crypto analyst. The prediction is based on Jito’s...

Diameter’s CEO David Lighton has questioned Ripple’s labeling of a recent article, noting a discrepancy between the title and the actual content. According to Lighton, the caption “Institutional DeFi” does...

BounceBit, a restaking platform backed by Binance, the world’s largest cryptocurrency exchange by trading volume, has unveiled its 2024 roadmap. The roadmap outlines the development of three core components: BounceBit...

JackTheRippler, a prominent figure in the cryptocurrency community, recently drew attention to CryptoTradingFund (CTF), a token within the XRP Ledger (XRPL) ecosystem. JackTheRippler expressed optimism about CTF’s potential for growth,...

Aave Labs, the blockchain firm behind the decentralized finance (DeFi) lending protocol Aave, has unveiled plans to upgrade its protocol. The proposed upgrade would lead to the launch of Aave...

Popular crypto streamer Lark Davis hosted a live stream today, offering insights into altcoins and Decentralized Finance (DeFi) projects. CryptoLark also discussed some of his current holdings while highlighting the...

A 15-person jury will begin trial on Tuesday in Avi Eisenberg’s fraud and manipulation case. According to reports, the trial is expected to run for two weeks. Users think the...

dYdX Chain halted for 9.5 hours due to a scheduled v4 upgrade and resumed operations later. An incorrect bug fix from Cosmos’ IAVL library caused network state corruption during the...

SocialFi platform Friend3 has recently partnered with crypto exchange ProBit Global.  The platform launched a trading competition that provides users with an opportunity to win F3 tokens. The minimum requirement...

Aave Chan Initiative founder Marc Zeller announced a potential vote to activate a ‘fee switch’ on the decentralized language platform Aave. In an X post, he declared that the vote...

Ethena’s native cryptocurrency, ENA, surged significantly within a few hours of going live. The token launched on Tuesday and rallied from a listing price of $0.57 to $0.92 in less...

Recently, the widely growing Ethena Protocol announced the launch of the ENA token. This launch marks a significant milestone in the evolution of digital currencies. Notably, the protocol’s USDe supply...