DeFi

DeFi protocol Drift has expanded its offerings with the launch of a prediction market called BET on the Solana blockchain. Co-founder Cindy Leow described BET as a platform that allows users to bet on real-world…

Grayscale recently launched the Grayscale MakerDAO Trust, a crypto investment fund that offers investors direct exposure to MakerDAO’s native MKR token. MakerDAO is a lending platform on the Ethereum blockchain that supports the decentralized stablecoin…

DeFi lending protocol Euler has recently completed a thorough security process for its upcoming Euler v2 protocol, with a $4 million investment from Euler DAO. The protocol aims to prioritize security in the DeFi sector,…

BTSE, a global blockchain technology company, recently announced the launch of BTSE Dex 2.0, an advanced decentralized exchange. This new version introduces cross-compatibility for Ethereum Virtual Machine-based chains, allowing trading for over 50 perpetual futures…

Jump Trading, a prominent firm in the cryptocurrency market, recently made a significant transfer of millions in Ethereum to centralized exchanges, causing unrest among investors. This move involved transferring 17,576 ETH, valued at $46.78 million,…

The Aave Protocol, a leading decentralized finance (DeFi) platform, has demonstrated its resilience during market downturns by generating over $6 million in revenue in just one night. The platform saw a surge in liquidation activity,…

Compound Finance has reached a settlement with crypto whale Humpy and his Golden Boys group over the allocation of COMP tokens to a yield-bearing protocol. The contentious Proposal 289 has been canceled, and COMP tokens…

Decentralized exchanges (DEXs) are currently experiencing their highest-ever trading volume ratio compared to centralized exchanges (CEXs), according to Uniswap founder Hayden Adams. Adams highlighted this achievement on July 29, noting that “DEX market share is…

Compound Finance, a popular DeFi protocol, recently came under fire for approving a proposal that allocates a significant portion of its treasury to a lesser-known yield-bearing protocol called goldCOMP Vault. This decision has led to…

Liquidium, a lending platform in the Bitcoin ecosystem, recently raised $2.75 million in a seed round to become a leading DeFi hub. Investors in the round included Wise 3 Ventures, Portal Ventures, Asymmetric Capital, AGE…