Bitcoin Surge: DeFi Adds Solana to Treasury
DeFi Technologies (@DeFiTech) boosts Bitcoin holdings to 204.34 BTC and adds 12,775 $SOL to its treasury, signaling strong commitment to the DeFi sector. #Crypto #DeFi #Updates
DeFi
Covers all aspects of DeFi – Decentralised Financial systems, protocols, and instruments built on blockchain.
Bitrue Invests $40M in AI, DeFi, GameFi Startups
Bitrue announces a $40M fund to support web3 startups in AI, defi, and gamefi. Startups can get up to $200K plus development help and industry links. Funded projects may list tokens on Bitrue. #Update #CryptoNews
Crypto Market Maker Arrest Warrant in Altcoin Fraud
South Korea issues arrest warrant for Jon Bur Kim, aka “Coin King,” for allegedly embezzling $14.5M and manipulating altcoin prices. Accusations include bribery and creating a fake token, Podocoin. #CryptoFraud #Update
Staking Reconsidered: SEC Eyes Spot Ether ETFs
SEC’s @HesterPeirce hints at reconsidering staking for spot $ETH ETFs, potentially boosting investor returns. This could reshape the regulatory landscape and investor strategies. Ethereum’s price surged above $3,500 following the news. #Crypto #Update
Aptos Price Soars Amid 7% Staking Risk
#Aptos ($APT) price rises for 6 days amid altcoin resurgence. User addresses leap from 74K to 186K. Record 117M daily transactions in May. DeFi TVL hits 53.4M APT, stablecoin volume at $120M. High 7% staking yield, but token dilution risk looms. #Update
Uniswap Labs Launches Multi-Blockchain Wallet Extension
.@Uniswap launches its wallet extension on Chrome, enabling token swaps across 11 blockchains like Ethereum and Polygon. With over 793,000 on the waitlist, it’s a major step in the DEX market. $ETH $MATIC #Update #CryptoNews
Neobanks Democratize Access to DeFi Products
Neobanks like @RevolutApp and @n26 are simplifying access to decentralized finance (defi) products, allowing users to borrow, trade, and earn interest on cryptocurrencies without traditional banks. This could democratize finance, making #defi accessible and secure for everyone. #Update
Satoshi Protocol Secures $2M for Bitcoin Liquidity
Satoshi Protocol, backed by @CMSHoldings and RockTree Capital, raised $2M to enhance security and integrate Layer-2 solutions. Bitcoin holders can now mint SAT stablecoins as collateral. The move boosts BTC liquidity options. #Bitcoin #CryptoNews
AAVE Surge Approaches Critical Overbought Zone
AAVE price surged 45% in eight days, hitting its highest since June, as Bitcoin topped $62K. Whale activity, including a $3M purchase, boosted AAVE, now valued at $12B. However, RSI indicates an overbought zone. #CryptoNews
Dormant Bitcoin Address Yields Massive 7,597% Gain
A dormant Bitcoin address reactivated after 10.6 years, moving 25 BTC now worth $1.58M. It originally held Bitcoin valued at $20,399 in 2013. This trend of reactivations highlights the massive profits early adopters are seeing, influencing market dynamics and investor sentiment. #Bitcoin #Update
Terra Luna Classic Nears Staking Milestone
Terra Luna Classic nears a milestone with a 15.16% staking ratio and 1.025T $LUNC staked. A Binance wallet recently staked 1.3B $LUNC, showing strong community commitment. Developer Fragwuerdig’s Oracle Split logic aims to enhance staking rewards and network sustainability. $LUNC price up 1% to $0.00007175. #Update
Mantra OM Hits ATH Amid 21% Staking Rewards
Mantra (OM) hit an all-time high of $1.2711, fueled by rising RWA tokenization demand. Boosted by Blackrock’s BUIDL fund surpassing $500M, Mantra offers 21.1% staking rewards and partners with UAE’s MAG for real estate tokenization. #Update
ESMA Clarifies MiCA Crypto Staking Rules
ESMA clarifies that under MiCA, crypto staking is not banned but must be authorized as it is considered ancillary to custody services. CASPs must provide specific disclosures and obtain user consent before staking assets. This move aims to address concerns over asset loss and user access. #CryptoRegulation
DeFi Security Breach: DNS Attacks Compromise Domains
? Major DNS hack hits multiple DeFi protocols, including @CelerNetwork & @compoundfinance. Security experts warn 11 platforms, like Pendle Finance & THORChain, are at risk. Users advised to avoid DeFi dapps until threat is mitigated. #CryptoSecurity