DeFi’s Renaissance
Pro-crypto legislation could allow DeFi to potentially connect with mainstream financial systems, says Toe Bautista.
Pro-crypto legislation could allow DeFi to potentially connect with mainstream financial systems, says Toe Bautista.
Leading decentralized finance (DeFi) protocol Aave has achieved a remarkable milestone, hitting $10 billion in active loans. It marks a 300% rise in lending activity from the start of the year when the figure stood at $3.4 billion. DeFi Renaissance Data from the on-chain DeFi tracking platform Token Terminal shows that in the last 30…
Analysts have spotlighted the role Artificial Intelligence (AI) is set to play in shaping the crypto market as it braces up for a new bull cycle. They predict that WallitIQ (WLTQ), an AI-powered decentralized crypto wallet will lead this narrative. Crypto traders have a chance to take advantage of what analysts consider the biggest trend…
MicroStrategy Incorporated has announced an increase in its previously disclosed offering of convertible senior notes. The company will now offer $2.6 billion in zero-interest convertible senior notes, a significant upsizing from the initially proposed $1.75 billion. These notes are set to mature on December 1, 2029, with the offering expected to close on November 21,…
As the crypto market experiences a powerful upswing, an unexpected contender is capturing the spotlight. CYBRO is turning heads with its rapid rise and unique offerings, leading some to believe it could surpass established names like Solana and Sui. This intriguing development is stirring curiosity across the blockchain community. CYBRO: Your Multichain Gateway to Unmatched…
Fhenix, the Layer 2 utilizing Fully Homomorphic Encryption (FHE), has launched its latest testnet, Nitrogen. The upgrade adds advanced decryption capabilities and marks a significant step toward the network’s mainnet deployment. The release of Nitrogen will make it easier for developers to explore the possibilities Fhenix offers in terms of data handling, particularly when it…
Solana welcomes USDS as its first major DeFi-native stablecoin, offering fresh opportunities for decentralized finance (DeFi) enthusiasts. Sky Protocol announced the launch, emphasizing how USDS will enhance lending, borrowing, and trading across Solana’s rapidly growing DeFi ecosystem. This integration also introduces lucrative rewards for early adopters, signaling a pivotal moment for Solana’s financial infrastructure. USDS…
In a rug pull attempt, a GenZ kid created the QUANT token and sold it within a few hours to bag $30K in profit. However, to his surprise, the crypto community came together and pumped the token to new highs. As a result, the token grew by 71, 000%, making it the rarest crypto trading…
MicroStrategy’s top 100 breakthrough is fueled by Bitcoin — and fueling Bitcoin in return. How does this feedback loop keep pushing both higher? MicroStrategy joins the top 100 Club MicroStrategy (MSTR), a company famously tied to Bitcoin’s (BTC) wild journey,…
Gary Wang, the last of FTX’s executives to be sentenced, will serve no prison time after aiding prosecutors in decyphering Sam Bankman-Fried’s fraudulent empire.