Big news for the crypto space! Sonic Labs, the team behind the exciting evolution from Fantom, has just announced a pivotal partnership. They’ve officially tapped GSR, a recognized leader in the digital asset market, to serve as the dedicated Crypto Market Maker for their native S Token. This move is set to inject crucial liquidity […]
Get ready, Solana enthusiasts! A significant expansion is coming to the ecosystem. Jupiter (JUP), already a powerhouse in Solana’s decentralized exchange (DEX) landscape, has announced a major new venture: **Jupiter Lend**. This move signals a deepening of Jupiter’s commitment to building out comprehensive DeFi services directly on the Solana blockchain. What is Jupiter Lend and […]
The world of decentralized finance (DeFi) often sees protocols exploring collaborations and mergers to expand their offerings and user base. One such potential deal involving the synthetic asset platform Synthetix recently made headlines, but not for completing. Instead, Synthetix has announced the cancellation of its planned acquisition of the crypto options platform Derive. Synthetix and […]
The world of decentralized finance (DeFi) on the Sui blockchain was recently shaken by a significant security incident. Reports indicate that the Sui-based decentralized exchange (DEX), Cetus Protocol, has been the target of a major cryptocurrency exploit, resulting in substantial losses. This event underscores the persistent security challenges faced by platforms in the rapidly evolving […]
Get ready for a significant development bridging the gap between decentralized finance (DeFi) and a massive traditional market! The Solana ecosystem is seeing a key launch this week with the introduction of the OnRe platform, poised to bring Solana reinsurance into the digital asset space. This isn’t just another token; it’s a move to tap […]
Significant developments are unfolding in the decentralized finance (DeFi) landscape. In recent cryptocurrency news, World Liberty Financial (WLFI), a DeFi project that has garnered attention due to its reported association with the Trump family, made a notable announcement. The project declared its support for the BUILDon team, signaling a strategic move that could impact both […]
The world of decentralized finance (DeFi) is constantly evolving, and recent data highlights a significant shift: Ethereum’s (ETH) dominance in Total Value Locked (TVL) is waning. According to data shared by Unfolded on X, Ethereum’s TVL market share recently dipped to 50.88%, a level not seen since 2022. This development in the Ethereum TVL landscape […]
The world of decentralized finance (DeFi) on Solana is about to get a significant infusion of traditional finance, thanks to a groundbreaking collaboration. Apollo Global, one of the largest alternative investment managers globally, is bringing its tokenized private credit fund, known as ACRED, to the Solana DeFi ecosystem. This move, facilitated by Kamino Finance in […]
The world of cryptocurrency is constantly evolving, and nowhere is this more evident than in the push to bring more functionality and scalability to the foundational blockchain, Bitcoin. Enter Stacks, a leading Bitcoin layer-2 platform that’s been hard at work building the infrastructure for smart contracts and decentralized applications on top of Bitcoin’s security. Recently, […]
A seismic event is shaking the foundations of the decentralized finance (DeFi) world. News has broken that Bancor, one of the pioneers in the space, has filed a lawsuit against DeFi giant Uniswap. This isn’t just a minor spat; it’s a significant legal challenge centered on core technology. Specifically, the Bancor Uniswap lawsuit alleges that […]
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