Covers all aspects of DeFi – Decentralised Financial systems, protocols, and instruments built on blockchain.
@justinsuntron has proposed a strategy to transform Ethereum’s ecosystem, aiming to push $ETH to $10,000 by halting ETH sales and taxing layer-2 platforms. Sun suggests using staking yields and loans for funding, enhancing deflationary conditions. #Update #Crypto $ETH (+4) ↗
The @Ethereum Foundation is undergoing significant changes, with Vitalik Buterin confirming leadership shifts and a $165M DeFi initiative. Despite criticism, Buterin remains firm against yielding to social media pressures. #Update #Crypto $ETH (+6) ↗
@circle announced the acquisition of Hashnote, issuer of $USYC, and a partnership with DRW Cumberland to enhance $USDC liquidity in crypto and traditional markets. Circle aims to integrate USYC with USDC for better market accessibility. #Update #Crypto $USDC (+4) ↗
The @Ethereum Foundation is exploring staking its $1 billion in $ETH holdings amid criticism over asset management and recent ETH sales. Leadership restructuring aims to enhance technical expertise and communication within the ecosystem. #Update #Crypto $ETH (-3) ↘
The @Ethereum Foundation plans to allocate 50K $ETH to bolster DeFi applications, addressing previous criticisms about its commitment to the decentralized finance sector. #Update #Crypto $ETH (+3) ↗
The Ethereum Foundation is allocating 50,000 $ETH (around $165.3 million) to participate in DeFi via a multisig wallet on Safe, with an initial transaction to Aave. This move aims to bolster its treasury amid leadership changes. #Breaking #Crypto $ETH (+8) ↗
Ethereum co-founder Vitalik Buterin stated that if the @Ethereum Foundation stakes its ETH, it would have to take a stance on future contentious hard forks. #Update #Crypto $ETH (→ 0)
Bitcoin DeFi takes center stage as a wave of new projects and innovations, such as @Stacks and @RSKsmart, bring increasing utility to the Bitcoin ecosystem, enhancing its financial infrastructure. #Update #Crypto $BTC (+3) ↗
Bitcoin DeFi TVL surged 2,000% in 2024 due to Bitcoin staking advancements, spot Bitcoin ETFs launch in the US, and $BTC’s price rally. #Update #Crypto $BTC (+7) ↗
@EvaaProtocol secures $2.5M to launch its token and expand DeFi services on the TON network with support from Polymorphic, TON Ventures, and Animoca Brands, marking a significant milestone for the ecosystem. #Update #Crypto (+6) ↗
@PostFinance has expanded its digital asset services by introducing staking for $ETH, enabling holders to earn passive income. The bank plans to add staking for other tokens soon, marking a significant step in crypto offerings. #Update #Crypto $ETH (+4) ↗
Bitcoin DeFi TVL surged 2,000% due to Bitcoin staking advancements, US spot Bitcoin ETF launches, and $BTC’s soaring 2024 prices. #Update #Crypto $BTC (+5) ↗
@Aave tokenholders are debating a proposal to enter Bitcoin mining, with some questioning its profitability for the DeFi lending protocol. #Update #Crypto $AAVE (→ 0)
@Coinbase now offers Bitcoin-backed onchain loans up to $100,000 in $USDC, powered by DeFi protocol Morpho. This service facilitates decentralized borrowing using Bitcoin as collateral on the Base network. #Update #Crypto $BTC (+4) ↗
