Following its private mainnet launch in May, Katana has over $240 million in pre-deposits that is already being used to earn yields.
Decentralized exchanges (DEX) processed roughly $385 billion of spot trades in June, equal to almost 30% of the turnover recorded by centralized venues, according to DefiLlama and The Block data. The 30-day DEX figure represents a 12% decline from May, but centralized exchange (CEX) spot volume contracted nearly 30% in the same period. Notably, this […]
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The integration will allow “qualified borrowers to access USDC loans while earning ETHFI incentives,” the startup said in a statement.
Depositors will receive rewards such as randomized NFT "Krates" and a portion of KAT tokens.
The launch of the EVM-compatible sidechain on the XRP Ledger could significantly enhance cross-chain DeFi, fostering broader blockchain interoperability.
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The XRPL EVM Sidechain opens up new Ethereum-compatible decentralized application use cases for the XRP Ledger ecosystem.
Anyone can submit art, messages, or predictions to celebrate 10 years since Ethereum's genesis block went live in 2015, the organizers said.
The volume grew significantly between November and December last year, when the platform held its HYPE airdrop event.
Resupply said it would burn six million reUSD tokens via its insurance pool as part of its recovery plan from the $10 million exploit.
The vote passed with a near-universal majority of votes in favor, though the vote's quorum was only narrowly surpassed.
Moonshot added Apple Pay support for launching new memecoins on June 27, expanding its iOS application beyond buying and trading tokens to include a creation workflow that requires only a photo upload and a tap on the “Create” tab. Branded Moonshot Create, the product allows any user to mint a Solana-based coin by submitting an […]
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The firm is beginning with a tokenized version of MSTR stock on Arbitrum and plans to expand to additional assets and networks.
The Re7 Capital partnership marks latest push to scale World Liberty's stablecoin ecosystem on BNB Chain.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Ripple has partnered with Wormhole, a cross-chain messaging protocol, to bring multichain support to the XRP Ledger (XRPL) and its upcoming Ethereum Virtual Machine (EVM) sidechain. According to the June 26 statement, the integration will introduce advanced functionality to the XRPL and allow assets and data to flow freely between it and over 35 other […]
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“Users should avoid reUSD vaults and withdraw funds if possible," one security expert told Decrypt.
Announcement comes a day after the Trump-backed DeFi project World Liberty said it is working to allow for the trading of its WLFI token.
No employee or team member of Layer 2 scaling solution Eclipse may claim its upcoming ES token airdrop, the start up said in an X post.
Coinbase has launched two additional wrapped tokens on its Base Ethereum Layer 2 network — cbADA and cbLTC.
Resupply was exploited for around $9.5 million by attackers targeting low liquidity markets to manipulate the exchange rate.
After winding down its bitcoin mining operations, Bit Digital plans to gradually convert its BTC holdings into ETH.
The Trump-backed crypto project also plans to release the first audit of its USD1 stablecoin in the coming days.
Coinbase launched wrapped tokens for Cardano (cbADA) and Litecoin (cbLTC) on its Base layer-2 network, the exchange said in a June 25 post. Each synthetic token is backed 1:1 by the underlying asset held in Coinbase custody, and proof-of-reserves pages list the on-chain addresses securing the collateral. The transparency pages already show 11,364 LTC and […]
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Privacy Pools, backed by Ethereum co-founder Vitalik Buterin, is adding support for stablecoins, according to an announcement on Wednesday.
Grove is developed by Grove Labs, which is owned by the DeFi-focused financial advisory firm Steakhouse Financial.
A new proposal from HOT Protocol, a decentralized group operating on the NEAR Protocol, has called for a significant reduction in the AI crypto project‘s token inflation rate. On June 24, the decentralized organization submitted a plan to slash NEAR’s annual inflation rate from 5% to 2.5%. The proposal aims to enhance the long-term sustainability […]
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Grove will receive a $1 billion allocation from DeFi lending giant Sky to invest in tokenized collateralized loan obligations.
The financing could suggest renewed investor interest in prediction markets after the trading frenzy spurred by the presidential election.
VMS is looking to diversify its investment strategy, which has largely been focused on private equity.
Celestia co-founder John Adler proposed a switch from proof-of-stake to proof-of-governance as claims of insider dumping floated and TIA slid over 90%.