DeFi News
Welcome to CoinEdition’s page for DeFi News! On this page, you can read and learn through news related to decentralized technologies content in the finance sector. CoinEdition ensures that our readers are up to date with topics such as wealth management, trading, investments, payments, and the companies surrounding DeFi News 24/7 and from all over the globe. DeFi News is a huge topic in the growing blockchain world and it is our responsibility at CoinEdition to compile them all for posterity’s sake. Therefore, grab your checkbook and credit cards, and let’s jump right into the world of finance in the DeFi News section here at CoinEdition.
Google Trends: “Onchain” Search Rises as Coinbase’s Strategy Ignites Crypto Adoption
The Google search volume for the term “onchain” has spiked 5x since January. The growing interest in “onchain” coincides with increasing DEX to CEX trading…
Microsoft Outage Exposes Vulnerabilities of Centralized Systems, Crypto Remains Unscathed
A glitch in Microsoft’s operations has caused significant disruptions across several sectors. The crypto industry remains unaffected by the situation. Crypto executives give credit to…
Dune Analytics Predicts Tokenized US Treasuries to Reach $3 Billion Market Cap
Tom Wan predicts a $3B market cap target for tokenized U.S. Treasury in 2024. DeFi projects’ DAOs are diversifying to real-world assets (RWAs). Securitize and…
Solana Flips Ethereum: Surpasses DEX Volume for First Time
Solana’s onchain DEX transaction volume suppressed that of Ethereum. Solana’s transaction volume spiked to $2.395 billion last Monday. Raydium, Orca, Meteora, Phoenix, and Lifinity are…
Pendle DeFi Protocol: A Case Study in Crypto Market Volatility
Pendle TVL crashed almost 50% from all-time high of $6.721 billion. The maturation of LRTs is cited as a major reason for the TVL crash. …
Risk and Reward: Coinbase’s New Pre-Launch Markets for Crypto Futures
Coinbase launches pre-launch markets where investors can trade unreleased tokens (high risk/reward). Coinbase blog notes that it is to speculate on future value and there…
Crypto Yield Farming Takes Off: Convex Finance (CVX) Price Skyrockets
Convex Finance (CVX) doubled in price within 24 hours, establishing new records for trading volume on major exchanges. Analysts capitalized on CVX's price swings, leveraging…
Crypto Funding Has Suparssed $100B Amid Mixed Results
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…
Farcaster Soars to $1 Billion Valuation: Can the Crypto Social App Deliver?
Experts ponder the factors behind Farcaster’s rapid growth in valuation. Farcaster records a $1 billion valuation despite 50,000 daily active users. Analysts attribute Farcaster’s extraordinary…
Analyst Predicts Rebound for Solana’s Jito Protocol Token (JTO)
CryptoBusy has predicted a potential bounce for JTO. Jito protocol is Solana’s top liquid staking pool. JTO’s price is slipping into a demand zone comprising…
