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Nalezeno "DeFi news": 1333

ZKsync announces airdrop of 3.67B $ZK token to 695k wallets next week

11.6.2024
ZKsync has announced plans to deliver a generous gift to its loyal community members. According to an announcement on ZKNation, starting June 17th, an unrestricted airdrop of 17.5% of the total token supply, i.e., 3,675,000,000 tokens, will be distributed as a show of gratitude. While this sizable...

OP Mainnet boosts decentralization with new ‘Fault Proofs’

11.6.2024
OP -3.29% Labs has taken a giant leap in the world of Layer 2 Blockchain technology to implement fault proofs on their OP Mainnet. This achievement brings the platform to “stage 1 rollup” status, which points towards decentralization. This milestone is necessary for the network because it builds...

DeFi project Hydration will receive $14.4M from Polkadot Treasury

11.6.2024
Polkadot Treasury has allocated 2 million DOT tokens. They were worth approximately $14.4 million. The DeFi project Hydration has benefited from the allocation, which aims to improve liquidity and efficiency. Omnipool is a liquidity provisioning platform that operates on a single-sided basis....

Rise of Crypto Loans: A dramatic and unprecedented event

10.6.2024
The Aave V3 protocol is approaching $6 billion in loans, and it is a clear indication of the maturity of decentralized finance strategies. The rapid growth of crypto loans is well-documented, as evidenced by their vast quantity. According to the latest industry reports, onchain borrowings exceeded...

Radix will be the part of the idOS consortium

7.6.2024
Radix is becoming a member of the idOS Consortium, a decentralized identity network that is specifically designed to store and manage access to decentralized identities. Currently, it is catering to a large number of authenticated users. It was created with the assistance of a variety of framework...

Fireblocks now offer Core, expanding institutional BTCFi access

7.6.2024
Core, a layer-one blockchain powered by Bitcoin that is compatible with EVM-compatible smart contracts, is now accessible on Fireblocks. The Core is tasked with bringing Bitcoin finance to life through a unique Bitcoin staking protocol. It is delightful to note that the very first yield-bearing...

Misyon Bank launches an Avalanche-based asset tokenization platform

6.6.2024
Turkey-based Misyon Bank, an investment bank and one of Turkey’s first neobanks, has recently launched a platform that enables the tokenization of real-world assets on the Avalanche blockchain network. Misyon Bank announced this on June 5, describing it as a comprehensive platform that enables...

Holesky launch: AVS’s begin testing restaker and operator rewards

6.6.2024
EigenLayer has recently released the first version of its rewards system on the Holesky testnet, which shows that they are making steady progress. This first phase allows AVSs to engage with the rewards system, assess the structure of incentives for both restakers and node operators, and allow...

Injective publishes community updates for May

5.6.2024
Injective has published community updates for the previous month, that is May 2024. It encapsulates everything that Injective has achieved, or every aspect in which it has made significant advancements. While the list is long, a total of three things stand out: Arbitrum inEVM integration, Helix...

Coinbase’s Base Ethereum Layer-2 network sees a rise in activity

5.6.2024
Coinbase is experiencing increased traction on Base, its Ethereum layer 2 network, largely due to its forthcoming smart wallet, which is gaining investor interest. Its TVL is also experiencing an unusual escalation.  Over the past three months, Base has succeeded in surpassing Arbitrum and Optimism...

TAP Protocol and ICP forge partnership for Blockchain bridge

4.6.2024
In a landmark strategy set to revolutionize the DeFi sector, Dfinity’s Internet Computer Protocol (ICP) has teamed up with the TAP Protocol to launch a trustless bridge connecting the Ethereum blockchain with the TAP Protocol. This groundbreaking act is anticipated to facilitate the seamless...

Term Structure’s mainnet on Ethereum is now live!

3.6.2024
Term Structure, the intial non-custodial fixed-income protocol, has successfully launched its mainnet on Ethereum. A first-of-its-kind market-driven fixed-income technology is being unveiled, marking a watershed moment in decentralized finance (DeFi). This protocol will change the way liquidity...

New collaboration initiative of Chainlink and Circle Partner

31.5.2024
Chainlink and Circle Partner are collaborating to enhance the developer usage of USD Coin and Euro Coin. The new partnership will mix Chainlink’s top-quality services for tokenized assets and Circle Partner’s developer platform. Chainlink is the leading decentralized computing platform...

TVVIN to release its gold and utility token on Polkadot

31.5.2024
TVVIN announces the introduction of its LBMA-certified gold token ($VVG) and platform utility token ($TVVIX) on Polkadot to establish a framework for real-time asset tokens. TVVIN is a real-world asset (RWA) tokenization base that offers multiple types of RWAs, which include gold, silver, platinum...

Aptos Network to incorporate Chainlink data feeds and CCIP

31.5.2024
Aptos Network will integrate Chainlink data feeds and CCIP, thereby providing developers in the Aptos ecosystem with access to crucial toolkits and high-quality data required for the development of dApps.  The programming language Move enables the creation of Aptos, a new-age layer 1 blockchain....

Ripple highlights the building blocks of institutional DeFi on XRP Ledger

30.5.2024
Ripple has published its vision and roadmap for institutional DeFi on the XRP Ledger. It essentially covers key functionalities, including, but not limited to, value transfer, issuance, credit, and exchange.  Several key innovations within the ecosystem are Automated Market Makers, Decentralized...

DeFi Data Firm API3 Raises $4M in Funding Round Led by DWF Labs

29.5.2024
API3, a service that provides DeFi data feeds to blockchain-based smart contracts without relying on a third party, has raised $4 million in a funding round led by DWF Labs. The post DeFi Data Firm API3 Raises $4M in Funding Round Led by DWF Labs appeared first on Cryptonews

Metaplex Foundation joins Mutant Labs to launch MPL-404 on Solana

29.5.2024
Metaplex Foundation introduces the MPL-404, an infrastructure and on-chain protocol.  It is designed to facilitate the transition of fungible and non-fungible assets, which is described as the hybrid DeFi. Nevertheless, Mutant Labs’ SPL-404, a top hybrid DeFi benchmark on Solana, will now...

Solana validators approve 100% priority fee distribution: Key details

28.5.2024
The adoption of a major proposal, SIMD-0096, marks a recent development in the Solana network. The distribution of priority fees is intended to be altered by this new proposal, which was approved by 77% of the validators. In the past, these fees were divided into equal halves. One half...

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