Donald Trump’s new crypto project, World Liberty Financial, will be built on $AAVE and $ETH, featuring a governance token WLFI with transfer restrictions. Similarities with compromised Dough Finance raise security concerns.
Binance’s new spot trading pairs for $AAVE, $STMX, and $SUN have sparked investor optimism. $AAVE surged 9% to $131.5, $STMX rose 6% to $0.006542, while $SUN dipped 3% to $0.03259 despite a volume increase.
U.S. House Financial Services Committee to hold key hearings on crypto regulation, DeFi, and pig butchering scams in September 2024. SEC Chairman Gary Gensler and other agency representatives to testify. Legislation on digital assets expected by year-end.
$ETH co-founder Vitalik Buterin faces backlash for doubting DeFi’s role in driving crypto adoption. DeFi influencers argue it’s crucial to Ethereum’s $330B valuation. Buterin emphasizes sustainable decentralized apps and broader decentralization beyond finance.
MakerDAO introduces NewStable and NewGovToken to upgrade $DAI and $MKR. NewStable and DAI coexist with a 1:1 conversion rate, targeting different use cases. NewGovToken enhances community participation with a 1 MKR to 24,000 NGT exchange rate.
$MKR and $DAI tokens upgraded by MakerDAO. NewStable and NewGovToken launched for better utility and community engagement. NewStable focuses on mass adoption while DAI remains for crypto use. NewGovToken has a 1 MKR to 24,000 NGT exchange rate.
AAVE surges 9% after V3 launch on ZKsync Era Mainnet, boosting DeFi scalability, privacy, and security. Chainlink’s integration ensures reliable price feeds. Weekly gains surpass 29%, with trading volumes up 17%. #DeFi $AAVE $LINK @AaveAave @chainlink
Starknet to hold its first Mainnet vote for $STRK staking from Sept 9-13, 2024. A preliminary test vote will take place Sept 2-4. This initiative aims to enhance network decentralization and functionality. $STRK remains stable at $0.35.
Mantle rebrands its liquid staking protocol to mETH Protocol. With 500,000+ ETH staked since Nov 2023, $mETH is now the fourth-largest ETH liquid staking token. New assets $cmETH and $COOK introduced, positioning Mantle for growth in DeFi. #Ethereum
? Malicious Chrome Extension “Bull Checker” Drains $SOL DeFi Tokens! Jupiter Exchange reveals “Bull Checker” steals tokens from Solana users by appearing legitimate but transferring assets to a malicious wallet. Users urged to review browser extension permissions for security. #crypto #Solana #DeFi
Drift launches BET on the Solana blockchain, allowing users to stake over 30 cryptocurrencies like $USDC and $SOL while earning yield. BET features “structured bets” for hedging predictions and a rewards system called FUEL. #crypto #Solana
$USDT launches on @Aptos_Network, enabling cost-effective transactions and boosting DeFi activity. Aptos recently hit 326M daily transactions, showcasing its scalability and potential to revolutionize blockchain finance.
Grayscale launches MakerDAO Trust, boosting $MKR price by 5%. The new fund offers exposure to MakerDAO’s governance token, highlighting growing investor interest in DeFi. @Grayscale’s move signifies a shift towards decentralized finance. #CryptoNews #DeFi
De.Fi World 2024 in Bangkok on Nov 11 will gather 1000+ participants from 30+ countries, featuring top DeFi players and 200+ Web3 projects. VIP after-party access for DEFI token stakers. #DeFi
