Covers all aspects of DeFi – Decentralised Financial systems, protocols, and instruments built on blockchain.
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 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
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 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) 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 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
? 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
Compound Finance’s website, backed by @coinbase and @a16z, was hijacked, redirecting users to a phishing domain. Blockchain sleuth ZachXBT highlighted the issue, stressing the need for robust security in #DeFi. #Update
Terra Classic developer Till Z released the v3.1.0 update to enhance $LUNC staking by diverting 10% of Oracle pool rewards. LUNC staking nears an all-time high with 1 trillion staked and a 20% increase in futures open interest. Trading volume up 40%. #Crypto #Update
1inch Labs launches Web3 RPC API to streamline blockchain development. This tool supports 10 EVM-compatible networks, ensuring stable and reliable interactions without the need for developers to run their own nodes. Enhance your dApp projects with ease. #Update #Web3 #BlockchainDevelopment
EOS Network launches a $127M staking rewards program with 85,600 $EOS tokens distributed daily and an initial 60% APY. Lock-up periods increased from 4 to 21 days. EOS supply capped at 2.1B tokens to boost stability. #Update #CryptoNews
Decentralized finance needs refining to rival traditional banking. DEXs face liquidity fragmentation and volatility, but platforms like Stabble on Solana are improving AMM models and addressing impermanent loss. Greater financial autonomy is on the horizon. #Update #DeFi
Orbs launches its Liquidity Hub on Fenix Finance, enhancing liquidity and capital efficiency for Blast users. This integration promises reduced slippage, gas-free transactions, and MEV protection. Fenix Finance has seen $150M in volume since its Open Beta. #Update #DeFi
Lido has added 100,000 staked ETH amid SEC scrutiny, raising its total to $33.48B. Wrapped staked ETH on Layer 2 networks grew 7.19% with a $1.23B trading volume. #Crypto #Ethereum
