DeFi News
Latest DeFi News
Nearly a week after the halving, Bitcoin Runes have achieved a milestone as observers and participants alike deliberate over the impacts of this new standard.Â
Marathon Digital has revised its 2024 hash rate goal upwards from 35-37 exahashes per second (EH/s) to 50 EH/s following recent acquisitions that expanded its capacity. Per an April 25 press release, Marathon’s CEO, Fred Thiel, said that the firm…
CryptoQuant CEO Ki Young Ju has voiced support for the founders of Samourai Wallet after their indictment by the U.S. Department of Justice for allegedly running a crypto mixing service implicated in laundering nearly $100 million. Ju has defended the…
Banking giant Morgan Stanley could soon allow its 15,000 brokers to pitch Bitcoin exchange-traded funds (ETF) to their customers. According to an AdvisorHub report citing executive sources, the bank has only offered these options on an unsolicited basis, meaning that…
BlackRock iShares Bitcoin Trust (IBIT) has seen its first day of $0 inflows since Bitcoin ETFs were launched in the United States in January. Since its start on Jan 11, IBIT has continuously drawn millions of dollars in daily investments,…
The NFT lending market hit a record $2.13 billion in Q1, up 43.6% quarter-over-quarter, with five of six top platforms seeing increased volumes. The lending market of non-fungible tokens (NFTs) has witnessed its leaders solidifying their positions, with the total…
The global cryptocurrency market witnessed a notable decline while data from Santiment shows that the majority of the tokens are in the opportunity zone. According to data from CoinGecko, the global crypto market cap plunged by 4.1% in the past…
The Velvet Capital team has urged users to avoid connecting their digital wallets to the protocol’s website, citing a potential front-end attack on the website. Velvet Capital, a decentralized finance (defi) protocol, that works as an asset management dashboard, may…
The native token of Akash Network, AKT, has emerged as the top gainer among the leading 100 assets after South Korea’s leading exchange announced to list the token. AKT is up by 48% in the past 24 hours and is…
Multiple Swiss Bitcoin advocates are spearheading a renewed campaign to persuade the Swiss National Bank to include Bitcoin (BTC) in its reserves through a constitutional referendum. Yves Bennaïm, who leads the non-profit think tank 2B4CH driving this initiative, argued that…
As it currently stands, the EU’s Data Act threatens defi, which relies on public blockchains and smart contracts.
Spectra Chain’s native token, SPCT, experienced a significant decline, plummeting 43% on Friday morning following emerging allegations of a potential rug pull by its team. At the time of writing, the token was trading at $0.0094, marking a 27% fall…
Learn how to earn defi passive income by lending crypto, including Bitcoin, on decentralized finance platforms. One of the biggest buzzwords in the crypto space today—defi, short for decentralized finance—has made finance cool again. Apart from making financial products decentralized…
At Token2049, Binance CEO Richard Teng addressed key issues in the crypto space, focusing on the regulation of stablecoins and the complex situation of a detained Binance executive in Nigeria. Binance CEO Richard Teng headlined a panel on crypto regulation,…
Ethena (ENA), the synthetic U.S. dollar protocol built on the Ethereum network, recorded a notable plunge as the market witnessed bearish sentiment. ENA is down by 17% in the past 24 hours and is trading at $0.84 at the time…
Over 30 defi security veterans announced phase two of their web3 protection initiative, SEAL-ISAC.