Tag: Decentralized finance (DeFi)
Growing the $1.3B Bitcoin Staking Protocol: Solv Secures $11M Funding
Bitcoin staking platform Solv Protocol recently secured $11 million in funding from investors such as Nomura subsidiary Laser Digital, Blockchain Capital, and OKX Ventures....
Lido Finance integrates stETH into BNB Chain – CoinJournal
In a groundbreaking decision, the Lido Finance community voted to integrate its stETH (Staked Ethereum) into the BNB Chain on August 9. This marks...
Poodlana Token: Don’t Miss Your Chance to Invest in 2024’s Hottest Crypto
Cryptocurrency prices saw a significant increase at the end of the week, with Bitcoin bouncing back from Monday's losses and rising from about $49,000...
Uniswap Layer 2 Users Surge by 350% with Poodlana Meme Coin Listing
In the ever-changing world of cryptocurrency, two major events have caught the attention of the community. Uniswap's Layer 2 (L2) user count has seen...
Rethinking Token Distribution in the Crypto Industry: A Necessary Shift
A major issue that is holding back widespread adoption of blockchain technology is the focus on speculation within the industry. In order to create...
Evaluating the Effectiveness of Sanctioning Tornado Cash
Sanctions are put in place by the U.S. government to prevent activities like money laundering and funding terror groups. The New York Federal Reserve...
Ronin Network Hit by $9.8 Million Exploit, Halts Bridge Operations
Ronin Network, a popular blockchain network for games that powers the Axie Infinity game, recently made headlines after pausing its bridge operations following a...
Aave Generates $6M Revenue Amid Crypto Market Downturn
The founder of Aave, a decentralized finance (DeFi) protocol, announced that the platform generated $6 million in revenue during a recent crypto market downturn....
Polymarket Surpasses DeFi Giants in Traffic Amid Trump-Harris Election Betting Craze
Polymarket, a prediction market platform, has experienced a surge in website traffic, surpassing other DeFi giants like Uniswap, dYdX, Compound, and GMX. This increase...
Cryptocurrency Market Analysis: Bitcoin, Ethereum, Solana Updates & Trends
After a period of stagnation in the cryptocurrency market, Bitcoin, Ethereum, and Solana saw a significant rebound towards the end of last week. Ethereum...