#DEFI News

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This Mysterious Fund Could Be Behind The 40% Surge in Ethereum Prices

newsbtc.com Based on on-chain data, one mysterious crypto fund could be directly behind the recent Bitcoin, Ethereum, and digital asset rally. Mysterious Fund Might Be Behind The Recent…

TRON DAO Establishes Artificial Intelligence Development Fund

cryptopotato.com [PRESS RELEASE – Geneva, Switzerland, 8th February 2023] TRON DAO is encouraging the blending of artificial intelligence technology with blockchain technology, announcing…

Optimism Activity Plummets After NFT Incentives End

thedefiant.io Transaction volumes on Optimism, a Layer 2 scaling solution for Ethereum, have plummeted after the end of a “learn-to-earn” incentives program last week. Even as users…

As Bitcoin nears $25K, questions about rally’s sustainability remain

cointelegraph.com It is no secret that the global economy has continued to weaken over the course of the past year. To this point, on Jan. 19, the United States government hit its “debt…

Lido solidifies mastery in DeFi landscape after major upgrade: Details inside

ambcrypto.com a protocol in the DeFi ecosystem, has observed significant improvements over the past week. Notably, the protocol took advantage of its press time growth by upgrading its…

Metaverse Crypto Sector Bounces Hard, Outperforms DeFi

blockworks.co Metaverse crypto projects are enjoying a healthy surge this year, easily outstripping the decentralized finance (DeFi) segment. Tokens tied to metaverse and gaming projects…

Chiliz Chain 2.0 Goes Live, Sending CHZ Up 7.06%

newsbtc.com Today, the Chiliz blockchain and its CHZ cryptocurrency, created for the entertainment and sports industry, announced the launch of its new Chiliz Chain 2.0 Mainnet.…

Fujitsu launches Web3 acceleration platform for startups and partner companies

cointelegraph.com The Japanese-based multinational tech company Fujitsu announced the launch of a new platform on Feb 8, designed to support Web3 developers worldwide. According to a report…

Network Activity on Ethereuem Continues to Rise

watcher.guru Blockworks reported today that Network activity on Ethereum is continuing to rise, with DEX Uniswap “leading the charge.” The report noted that Ethereum is entering its…

BABYDOGE Tops Binance Trending List as Community Burns 41T Tokens in 24 Hours

thecryptobasic.com The asset sits above Shiba Inu (SHIB) on Binance trending list. BabyDoge Coin (BABYDOGE) is currently topping the Binance list of trending tokens, towering over notable…

Network Activity on Ethereum Is Up, With Uniswap Leading the Charge

blockworks.co Ethereum is entering its fourth consecutive week of deflationary issuance as activity on the network grows. A deflationary issuance rate for cryptocurrencies means that the…

Guide to One of Ethereum’s Layer-Two Scaling Solutions

cryptopotato.com The cryptocurrency industry, in general, became a lot more popular in the past couple of years. This saw the development and launch of hundreds, if not thousands, of…

TRON launches $100M artificial intelligence-focused Fund

coinjournal.net TRON DAO is looking to support blockchain technology projects blending AI. The $100 million fund will focus on four key areas, including infused oracles and AI-generated…

DeFi securitization of real-world assets poses credit risks, opportunities: S&P

cointelegraph.com DeFi’s use case in traditional finance could grow in the coming years as new protocols attempt to support the securitization of real-world assets, according to a new…

Orbeon Protocol And Helium: New Real World DeFi Applications

beincrypto.com As DeFi technology develops, the number of real-world applications continues to expand. In the future, DeFi could play an important role in our day-to-day lives, being used…

What Are AI Tokens?

decrypt.co Interest in artificial intelligence (AI) has increased dramatically in recent years. AI is a breakthrough technology with the potential to fundamentally change countless…

Ethereum gas price spikes 29% in January as user activity grows: Report

cointelegraph.com Stepping into 2023, the cryptocurrency market seemingly shrugged off the year-long bearish sentiment from 2022. As investors took notice, the long-awaited price corrections…

RAI Founder Rues ‘Mistake’ of Dependency on ETH

thedefiant.io The Tornado Cash sanctions case was supposed to be a boost for censorship-resistant, decentralized stablecoins. It hasn’t worked out that way. Six months after the U.S.…

Mintlayer: Shaping the Future of DeFi on Bitcoin

cryptopotato.com Bitcoin is the world’s largest and most popular cryptocurrency, and the protocol is known for its decentralized nature and secure transactions. However, despite its…

Blockchain Economy Summit 2023 to Be Held in London This February

beincrypto.com After four years of its successful events chain despite the bear market, the Blockchain Economy Summit’s 6th edition is scheduled for February 27-28, to be held in London,…

What is Vertex?

thedefiant.io The FTX collapse injected doubt into the very concept of centralized platforms. In contrast, decentralized exchanges offer both transparency and self-custody. But how can…

Chainflip Partners With Axelar and Squid To Expand DeFi to New Assets

dailyhodl.com February 7, 2023 – Hong Kong SAR, Hong Kong SAR Chainflip, the cross-chain DEX set for launch in mid-2023, has initiated its partnership program and unveiled plans to create…

Index Coop Launches Diversified Staked ETH Token

thedefiant.io As the liquid staking sector heats up ahead of potential ETH withdrawals in March, solutions are emerging to deliver exposure to the diverse range of staked ETH tokens.…

price is up, but do fundamentals support the rally?

cointelegraph.com witnessed a meteoric start to 2023, gaining 98% in 30 days, and traders are now curious about whether the rally will extend throughout February. AVAX’s year-to-date gains…

down bad? Scams, gas, DAU plague network

ambcrypto.com None The BNB chain DAU was almost three times that of Ethereum • None The altcoin’s TVL input did not match up with a few others in the last 30 days Despite planning a…

Sidus Heroes Named Number One Gaming Metaverse in UAE

dailyhodl.com February 5, 2023 – Dubai Sidus Heroes was recognized as a leader of gaming metaverse development in the area. The prestigious ‘Golden Excellence in Metaverse Gaming Company’…

London to host the largest Crypto & Blockchain Conference

coinjournal.net London is set to host the UK’s biggest blockchain event, with over 3,000 attendees from 65 countries expected. The Blockchain Economy Summit is scheduled for February 27-28.…

DeFi Protocols Do Fist Bumps To Promote Web3 Values

cryptodaily.co.uk Fist bump emojis rolled out through crypto Twitter in the past 24 hours, bursting through feeds tuned to tuned to DeFi—but it wasn't just another viral trend among crypto…

Is Ray Dalio Right About Bitcoin?

financemagnates.com A well known investor and hedge fund manager, Ray Dalio caused a stir last week with his comments on cryptocurrencies. In an interview with CNBC, he had some positive things…

Big Eyes Coin: Why It’s As Unique As Shiba Inu And Avalanche

beincrypto.com Cryptocurrencies pursue endless possibilities on how to innovate. Avalanche (AVAX) and Shiba Inu (SHIB) are in the top 20 biggest coins in CoinMarketCap. Why? One of the…

SingularityNET Shows No Signs Of Stopping, Blows Up 225%

newsbtc.com The interest in artificial intelligence (AI) applications has been on the rise as the use of various platforms, such as SingularityNET and OpenAI’s text-based tool ChatGPT,…

Aave Opens Door to Lido Rewards

thedefiant.io News Aave Opens Door for Lido Rewards Across Three Networks DeFi Giants Join Forces on Twitter to Promote Decentralization Market Maker Hacks CoW Swap Exclusive Arbitrum to…

Op-ed: Solana will not only survive 2023, it will dominate it

coinjournal.net Michael Repetny is the Growth Lead on Marinade, Solana’s largest protocol by TVL. In this op-ed, he offers his view on the future of the chain. Many column inches and…

Shiba Inu Burns Millions of Shib Tokens Hoping for a Rally, But Metacade Is Still a Better Buy

coinjournal.net There are many different ways that crypto projects can induce an increase in price, with token burning one of the most clear-cut ways to achieve it. This is because burnt…

up 31% After Announcing Partnership With Cardano: Details

u.today is currently riding the hype surrounding Artificial Intelligence (AI) based tokens, as showcased by its current 31.85% growth. Trading at a price of $0.5719, AGIX token is…

DeFi protocols unite to promote permissionless Web3 experiences

cointelegraph.com The damages caused by the fall of major crypto ecosystems in the last year are on a path of steady recovery as good actors take proactive measures to rebuild trust among…

North Korea hackers stole the most crypto in 2022: Report

ambcrypto.com North Korea-linked hackers stole between $630 million and more than $1 billion in cryptocurrency assets last year. • North Korea’s hackers have stolen more cryptocurrency…

Cardano DeFi TVL Rises More Than 100% In One Month

newsbtc.com DeFi protocols in Cardano, a proof-of-stake smart contracting platform, have locked over $100 million in user assets as of February 7. According to DeFiLlama statistics,…

Despite TRON dominating Ethereum, new challenges emerge for TRX

ambcrypto.com The network’s growth is shown in TVL, whale interest, and price increase. The cryptocurrency world has seen tremendous growth in recent times, with several networks vying…

Aave Opens Door for Lido Rewards Across Three Networks

thedefiant.io In the latest bullish signal for the burgeoning staking sector, Aave has just cleared the way for Lido to distribute rewards across three liquidity pools on its system —…

Breaking: CoWSwap Loses $150,000 In Exploit

newsbtc.com CoWSwap has been hacked for $150,000, according to a statement endorsed by the DeFi protocol. CoWSwap Hacked For $150,000 According to the team, hackers took advantage of a…

Chainflip Partners with Axelar and Squid to Expand DeFi to..

cryptodaily.co.uk Hong Kong SAR, Hong Kong SAR, 7th February, 2023, Chainwire Chainflip, the cross-chain DEX set for launch in mid-2023, has initiated its partnership programme and unveiled…

Lido Liquid Staking Platform Hits 5M ETH Milestone Ahead of Reward Withdrawal Upgrade

beincrypto.com The world’s largest liquid staking platform, Lido, has hit a new milestone for the amount of staked Ethereum. An upcoming Ethereum upgrade will allow the testing of staking…

DeFi Exploiter Drains Over $180,000 From CoW Swap DEX

beincrypto.com CoW Swap, a comparatively new decentralized exchange (DEX), has been exploited. The attacker has siphoned over $180,000 in funds. Hackers are currently exploiting the CoW…

North Korea stole more crypto in 2022 than any other year: UN report

cointelegraph.com A confidential United Nations report has revealed North Korean hackers stole more crypto assets in 2022 than in any other year so far. The UN report, seen , was reportedly…

DeFi Alpha: Earn Up To 130% APR On ETH Pairs With DefiEdge On Optimism

thedefiant.io Featured Yields: Up to 32% APY on Stablecoins, 12-28% APY on ETH and BTC DeFi Alpha is a weekly newsletter published for our premium subscribers every Friday, contributed by…

Expands Horizons With New Decentralized Exchange

u.today Stay on top of advantages of new DEX on AVAX network and find out how it may help Avalanche grow in DeFi Avalanche (AVAX) has established itself as a strong competitor on…

OptionBlitz Leverages Ethereum Layer 2 Protocol Arbitrum to Pioneer Zero-Day Options & Social Trading Platform

cryptodaily.co.uk Decentralized social trading platform OptionBlitz is pioneering multiple cutting-edge trading options as the company gears up for BLX token sale on February 28th, 2023.…

Binance acquires majority stake in Korean crypto exchange GOPAX

techcrunch.com Binance Holdings plans to return to South Korea after pulling out of the market in 2020. The world’s largest cryptocurrency trading platform by volume said it had acquired a…

Andre Cronje Names the Core Focus of Fantom Foundation, Says DeFi Is Here To Stay

dailyhodl.com founder Andre Cronje is identifying the core areas of focus for the foundation behind one of Ethereum’s (ETH) biggest rivals. In a new Medium post, the prolific developer…

Aave CEO: New Security Upgrades 'Silo the Risk Away'

decrypt.co First proposed in November 2021, Aave’s latest upgrade is finally here. Launched earlier this month, V3 of the DeFi lending protocol has already raked in more than $143…

Why Uniswap holders’ decision may have been at mercy of this institution

ambcrypto.com None a16z could have been the group influencing most Uniswap proposals. • None The protocol’s founder had not answered to the allegation but UNI dropped 5%. Recently,…

StarkWare partners Chainlink to advance StarkNet adoption

coinjournal.net StarkWare has also joined the Chainlink SCALE program, with Chainlink’s price feeds now live on StarkNet. The partnership will enable further growth and adoption of Web3…

Community votes to deploy Uniswap v3 on Boba Network

cointelegraph.com Members of the Uniswap community voted in favor of deploying Uniswap v3 on Boba Network's layer-2 protocol on Ethereum. Gaining over 51 million votes, the proposal submitted…

On-chain Activity On BNB Chain Grew In Q4 Amid Market Downtrend: Messari

newsbtc.com The latest report from Messari researcher, James Trautman, revealed that BNB Chain recorded an increase in on-chain activity contrary to bear market trends. According to the…

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