DeFi

DeFi, or decentralized finance, is experiencing a rapid wave of innovation that is reshaping the financial landscape. Vincent Maliepaard, Marketing Director at IntoTheBlock, highlights some of the most promising advancements in DeFi and the protocols…

Bitfinity Network has recently launched its mainnet, aiming to bridge the gap between Bitcoin and DeFi by offering enhanced interoperability and abstraction. This Layer-2 solution is compatible with the Ethereum Virtual Machine (EVM) and aims…

World Liberty Financial (WLFI), a DeFi project backed by US President-elect Donald Trump, has recently partnered with Chainlink to accelerate DeFi adoption. This new alliance, announced on Nov. 14, names Chainlink as WLFI’s primary provider…

Tether, the issuer of USDT stablecoin, has recently launched the Wallet Development Kit (WDK), an open-source toolkit that allows developers to create self-custody wallets for both humans and AI entities. The WDK toolkit supports Bitcoin…

Binance Labs, the venture capital arm of popular cryptocurrency exchange Binance, has recently made a strategic investment in BIO Protocol, a blockchain-based platform focused on reshaping early-stage scientific research funding. This investment marks Binance Labs’…

DEGEN, a decentralized finance platform, has been facing challenges in migrating to a new service provider due to disputes with its current provider, Conduit. Since August, DEGEN has been trying to move away from Conduit…

SynFutures, a leading decentralized derivatives trading platform, has recently launched its Perp Launchpad to provide greater access to perpetual futures markets within the DeFi space. This initiative includes a $1 million grant program aimed at…

Sky, formerly known as MakerDAO, is considering potential additional brand adjustments based on community feedback on its recent rebrand. The protocol’s co-founder, Rune Christensen, has proposed three possible courses of action to address concerns over…

Crypto lender Ledn has reported processing $506 million in loan transactions during the third quarter, with $437.7 million issued to institutional clients and $68.9 million to retail clients. The surge in retail loans is credited…

Kraken has recently introduced a new product called kBTC, which is a fully-backed, cross-network-compatible ERC-20 token representing Bitcoin. Each kBTC token is backed 1:1 by an equivalent amount of Bitcoin, securely stored in Kraken’s custody.…