Covers all aspects of DeFi – Decentralised Financial systems, protocols, and instruments built on blockchain.
Uniswap (@Uniswap) announces a major upgrade to UniswapX, introducing a redesigned auction contract to enhance trade execution and quoting speeds. $UNI traded at $7.67, down 2.46% over 24h. Update first on web, mobile soon. #DeFi sees increased institutional interest and Bitcoin ETF approvals.
?? The Russian parliament passes a bill to use crypto for international trade and legalize crypto mining, effective Sept 1, 2024. This move aims to counteract Western sanctions and boost trade with China, India, and Turkey. #CryptoNews #Update
Solana ($SOL) jumps 33.78% in 30 days to $180.76, but analysts warn of a potential downturn. Rollblock ($RBLK) draws investors with its DeFi casino model, offering 30% weekly profits and predicting 800% surge. Currently priced at $0.017. #Update
XRP Healthcare halts new staking for $XRPH to address limited 100M token supply. Existing stakes remain until term end. Focus shifts to real-world healthcare in Africa, investing in pharmacies, medical centers, and hospitals. $XRPH trades at $0.03138. #Healthcare #Update
DeFi TVL soared 72.8% to $94.1B in six months, driven by institutional investment and U.S. SEC approval of spot Bitcoin ETFs. Bitcoin hit an all-time high above $73K. Crypto market cap reached $2.27T, up 37% YTD. NFTs remain volatile. #Crypto #Update
Aave V3 will deploy on Aptos Mainnet after a 99.6% community vote approval. This marks Aave’s first non-Ethereum blockchain expansion, utilizing Aptos’ Move programming language. $AAVE is trading at $100.42, with a 1.62% 24-hour increase and a market cap of $1.4B. #DeFi #Update
The Enterprise Ethereum Alliance launches DeFi Risk Assessment Guidelines to address regulatory ambiguities and improve compliance. It influences licensing in Abu Dhabi and the EU, aiding financial giants like @BlackRock, @jpmorgan, and @GoldmanSachs. #DeFi
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
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
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
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 $3,500 following the news. #Crypto #Update
#Aptos ($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 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 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
