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Nalezeno "DeFi news": 1333

Sushi’s Decentralized Derivatives Exchange Susa to Launch on Layer N

15.2.2024
Sushi is preparing to launch its new decentralized derivatives exchange Susa on the Layer N platform. This initiative plans to address current performance challenges in decentralized finance. According to a recent blog post by Susa, the platform intended to improve the efficiency and reliability...

OpenEX’s Long Testnet Launches Digital Asset Trading Revolution

12.2.2024
OpenEx is gearing up to unveil its Long test network, which will serve as an indicator of the platform’s progress in the realm of digital asset trading. The Chinese dragon serves as inspiration for the name Long. This serves as OpenEx’s homage to the Chinese Long Year. The conventional...

DeFi Market Forecast: A $18.28 Billion Explosion by 2027

9.2.2024
Key Findings: In 2024, the DeFi sector is projected to record a 47.5% revenue increase to $26.15 billion. Between 2023 and 2027, DeFi market revenue is projected to rise to $18.28 billion, representing a 103% increase. The DeFi user base in the USA will increase by 95%, from 8,673,000 in 2023 to...

NEAR Foundation and Meta Pool enhance ENO Program

8.2.2024
NEAR Foundation has announced that it has partnered with Meta Pool, which is tasked with helping the Foundation effectively roll out the Enterprise Node Operators Program, also referred to as the ENO Program, or simply ENO. The objective is to onboard institutions and companies into the ecosystem...

Chainlink’s PYUSD Price Feed boosts PAXOS’ Tokenized RWA Economy

8.2.2024
Chanlink supports the PYUSD Chainlink Price Feed on the Ethereum mainnet in order to accelerate the promotion of PayPal USD, PayPal’s USD-backed stablecoin published by Paxos. Users can get decentralized, accurate, and reliable PYUSD market data on the blockchain with this current PYUSD Price...

Plume Joins Arbitrum: A New Era of Blockchain

7.2.2024
Plume Network has officially gone live to the market as a historical launch of modular Real World Asset Layer 2, Arbitrum Orbit—an important step in forming history with blockchain infrastructure. An astute alliance with Arbitrum, a market leader in layer two scaling solutions, provides Plume...

StakeEase collaborates with KelpDAO to unlock one-click restaking

6.2.2024
StakeEase has announced a partnership with KelpDAO. The objective is to better tap into the ever-growing landscape of re-staking. StakeEase and KelpDAO are bringing the power of simplification and democratization to enhance users’ experience, irrespective of where they have their funds....

DeFi TVL Reaches $60 Billion, Highest Level Since August 2022

6.2.2024
The decentralized finance (DeFi) sector is experiencing a surge in popularity, with the total value of tokens (TVL) deposited on DeFi-focused blockchains reaching $60 billion. This marks the highest level since August 2022, according to data provider DeFi Llama.  The recent increase in TVL can...

Farcaster Records Surge in Daily Users with Frames Launch

5.2.2024
The number of daily active users on the decentralized social protocol Farcaster surged to nearly 30,000 on February 4, 2024, according to on-chain data by Dune Analytics. The nearly tenfold increase since January 26 is due to the launch of the Frames feature across Farcaster’s protocols. Much...

Concero and Chainlink BUILD program form an alliance

2.2.2024
Concero is collaborating with the Chainlink BUILD program to accelerate the evolution of the ecosystem and future acceptance of cross-chain apps. This will be accomplished through connectivity with Chainlink’s benchmark oracle solutions and technical support. In addition, increased crypto...

Avalanche highlights an increase in interest in tokenization

1.2.2024
Avalanche has highlighted that there is a growing interest in tokenization. This is for several reasons, most of them pertaining to tokenization finally being accepted as the next-generation technology and tokenized assets displaying a class of novel utility. The majority of the adoption is driven...

Ripple Co-founder Hacked of Over $112 Million Worth of XRP

31.1.2024
Ripple executive chairman and co-founder Chris Larsen has taken to social media to clarify reports of the payment protocol being hacked on Wednesday. Larsen’s Accounts Hacked “Yesterday, there was unauthorized access to a few of my personal XRP accounts (not @Ripple) – we were quickly able...

WEN airdrop by Jupiter introduces a new Solana NFT Standard

31.1.2024
Jupiter’s airdrop is around the corner, scheduled to happen on January 31, 2024. Expectations are pretty high, considering DEX has a steady reputation on Solana and other platforms in the DeFi sphere. The community has been waiting for it for more than a month, and with Airdrop finally making...

Anza by engineers from Solana Labs goes live

31.1.2024
Jeff Washington has introduced Anza, a new software development firm. It will work to strengthen the Solana network and fuel the adoption of SVM, an acronym for Solana Virtual Machine. What makes Anza a reliable option is the fact that it has been architected with efforts from some of the...

Manta token soars to $3.7 billion valuation in just 10 days

30.1.2024
MANTA is one of the tokens to have gained significant value in the last 7 days. Despite the recent fall of 2.565 in the last 24 hours, it has jumped up by 47.98% in the last 7 days. What makes the climb remarkable is the valuation of Manta, which is now booked at $3.7 billion, …

Orbiter Finance unveils L2 network with OKX backing

29.1.2024
Orbiter Finance, a rapidly expanding entity within the cryptocurrency industry, has achieved a noteworthy milestone with the addition of more than three million users to its cross-chain bridge. This groundbreaking endeavor facilitates the exchange of assets among rollup networks.  The investment...

Crypto Companies Leverage AI Despite Ongoing Challenges

26.1.2024
Recent statistics show that the artificial intelligence (AI) market size is expected to reach over $3 billion this year. Therefore, it shouldn’t come as a surprise that a number of crypto-focused companies have started to incorporate AI into their products. Why companies are combining crypto with...

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