Tag: DeFi
DeFi Insurer Nexus Mutual (NXM) Requests $153K for 6-Month Budget
The funding request is a 41% decrease from the project's previous team budget. Much of the drop can be attributed to nearly $100,000 in unspent funds [...]
The Next Phase of DeFi Is Here
Another notable aspect of DeFi v1 was the dominance of complex protocols encompassing a broad range of functionalities, leading to questions about whe [...]
dYdX Tops Uniswap as Largest DEX by Volume
The decentralized exchange, which last year moved over to the Cosmos blockchain, just saw $757 million of volume over a 24-hour period.
www.coindesk. [...]
MetaMask’s Secret ‘Intents’ Project Could Radically Change How Users Interact With Blockchains
In the past, a MetaMask user looking to sell tokens would have needed to submit a transaction specifying exactly how, where, and for what price they w [...]
DeFi Fumbled Its Post-FTX Advantage in 2023, but There’s Still Hope for 2024
Essentially, this boils down to the issue of DeFi’s poor capital and liquidity efficiency. Without getting too deep into the technical aspects, centra [...]
Manta Pacific Replaces Coinbase’s Base as Fourth Largest Scaling Solution: L2Beat
L2Beat's TVL sums the dollar value of tokens canonically bridged, externally bridged, and natively minted, while DeFiLlama, the other prominent source [...]
GBTC, BTCO, FBTC, DEFI, BTCW Lead as Bitcoin ETFs Debut; IBIT Is in 6th Place
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Aave Community Votes To Integrate PayPal’s PYUSD Stablecoin
In an ongoing governance vote, 99.98% of the participating AAVE token holders favor integrating PYUSD into AAVE's Ethereum-based pool. The voting on t [...]
DeFi Identity Should Be Focus of U.S. Policymakers, CFTC Says
The Commodity Futures Trading Commission wants U.S. policymakers to evaluate options for regulating the issue of identity information in decentralized [...]
ENS Token Jumps 50% as Ethereum Co-Founder Buterin Hails Ethereum Name Service as ‘Super Important’
Ethereum Name Service is a platform that lets users buy a domain name on the Ethereum blockchain. These domains can then be used to transfer and recei [...]
JUP Airdrop Date Set for End of January by Trading Aggregator Jupiter
In a post on X, the founder, Meow, said the protocol was "not optimizing for hype or price of perfect price discovery." Rather, the airdrop would be a [...]
Blast Hits $1.1B in Deposits More Than a Month Before It’s Due to Go Live
It's worth noting that crypto asset prices have surged across this board this year. Bitcoin (BTC) has risen more than 150% to around $43,000 while eth [...]
PancakeSwap Proposes to Reduce CAKE Token Supply by 300 Million
“With a current circulating supply of 388 million CAKE, the team believes this new and lower cap will be sufficient to gain market share across all ch [...]
2024’s Outlook for Blockchain, DeFi, and Web3 Adoption
The first two scenarios appear more likely, supported by macro tailwinds, mainstream adoption and technology advancements. Moreover, long-term BTC hol [...]
Meme Coin Mania Spurs Growth in SOL, Which Overtakes XRP to Become Fifth-Largest Crypto
But much of the recent focus has been on Solana itself. The blockchain appears to improved network stability following a series of outages last year. [...]