Chainlink Boosts DeFi with Atlas Acquisition
Chainlink acquires Atlas from FastLane to enhance its SVR protocol, expanding DeFi liquidation auctions across blockchains like Ethereum and BNB Chain. #Update #DeFi $LINK
Defi
Ethereum DeFi Must Match Traditional Finance
Vladimir Novakovski, founder of @Lighter, emphasizes DeFi’s need to match traditional finance performance using Ethereum’s infrastructure. #Update #Crypto $ETH
Bitcoin DeFi Propel Crypto’s Next Phase
ARK Invest predicts Bitcoin could dominate 70% of a $28 trillion digital asset market by 2030, driven by ETF adoption and corporate treasuries. #Update #Crypto $BTC
Bitcoin Faces Existential Crisis Amid DeFi Surge
Arca CIO Jeff Dorman warns that Bitcoin ($BTC) and many digital assets face an “existential crisis” as blockchain growth benefits intermediaries, not tokens. $BTC trades at $88,992, down 1.9%. #Update #Crypto $BTC (-8) ↘
SEC Advances Self-Custody and DeFi Rules
The SEC’s Crypto Task Force received new submissions advocating for self-custody rights and DeFi regulation, as Coinbase CEO @brian_armstrong urges compromise on the CLARITY bill. #Update #Crypto $BTC
DeFi Revolution Aave Transfers Lens to Mask
@Aave refocuses on DeFi, transferring stewardship of Lens to @MaskNetwork, which will handle consumer-facing product execution while Aave takes an advisory role. #Update #Crypto $AAVE
DeFi Fund Launches $35 Million for Innovation
@Solayer has launched a $35 million fund to support real-time DeFi, AI, and tokenization applications on infiniSVM, targeting high-revenue on-chain apps. #Update #Crypto $SOL
Ethereum DeFi Makina Loses $4M in Exploit
Ethereum-based DeFi platform @makinafi lost over $4M in ETH due to a flash loan exploit, but an MEV builder intercepted most funds. #Breaking #Crypto $ETH
DeFi Protocol Pendle Revamps Governance Token
@Pendle will phase out its governance token vePENDLE in favor of sPENDLE this month, aiming for improved flexibility and adoption. #Update #DeFi $PENDLE
DeFi Revolution Launches with SUN.io’s Sun Wukong
On January 19, @SUNio rebranded to “Sun Wukong,” enhancing its cultural identity in TRON’s DeFi ecosystem, with over $490M TVL on SunSwap and 650M SUN tokens burned. #Update #Crypto $TRX
Ethereum Treasury Invests $200M in DeFi
BitMine Immersion Technologies invests $200M in MrBeast’s Beast Industries to launch a DeFi platform; BitMine shares dip 3% amid broader crypto fatigue. #Update #DeFi
Ethereum Revenue Shifts to Wallets and DeFi
Revenue in the crypto industry is shifting to user-facing applications, with DeFi protocols capturing five times the fees of blockchains; Tether leads at $563M. #Update #Crypto $USDT
DeFi Leaders Raise Alarm Over Market Bill
Markup of the Digital Asset Market Clarity Act postponed indefinitely, prompting DeFi leaders to voice concerns over potential harm to technology and developer protections. #Update #Crypto $ETH
DeFi Abandons Discord as Scams Surge
Decentralized finance protocols, including @Morpho, are moving away from public Discord servers due to phishing concerns, opting for safer communication tools like Intercom and live support chat. #Update #DeFi