decentralized finance

Top Defi Tokens See Double-Digit Gains as Ethereum Soars

May 21, 2024 Bitcoin.com

bitcoin.com

Amid ethereum’s value increase, the decentralized finance (defi) ecosystem has significantly benefited from ether’s double-digit growth. Leading defi tokens by market capitalization rose by 14.8% over the past day, and the total value locked (TVL) in defi exceeded $100 billion in the last 24 hours. Defi Protocols and Tokens Benefit From Ethereum’s Meteoric Rise The […]

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Runes TXs on Bitcoin have tanked over 88% this month

Value Locked in Defi Nears $100B Range Again After $11.89B Increase in 35 Days

May 18, 2024 Bitcoin.com

bitcoin.com

Over the past 35 days, the total value locked in decentralized finance (defi) protocols has expanded by $11.89 billion, recovering from a low of just over $83 billion on April 13. Although it has not yet reached the $100 billion mark, the value locked in defi is approaching that milestone after hovering just below it. […]

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Runes TXs on Bitcoin have tanked over 88% this month

The Hashgraph Association Partners With Qatar Financial Centre to Launch Digital Assets Venture Studio

May 17, 2024 Bitcoin.com

bitcoin.com

The Hashgraph Association, a Swiss non-profit organization, has partnered with the Qatar Financial Centre (QFC) to launch a $50 million digital assets venture studio. The venture studio aims to support companies in developing regulatory-compliant decentralized finance (defi) solutions. Supporting Web3 Startups With Bankable Defi Solutions The Hashgraph Association, a non-profit organization based in Switzerland, has […]

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Runes TXs on Bitcoin have tanked over 88% this month

EOS Network Foundation Founder: Bitcoin Halving Spurs Development of Solutions Enhancing Network Efficiency

May 16, 2024 Bitcoin.com

bitcoin miner

With Bitcoin transaction fees recently becoming a more critical component of miner revenue, Yves La Rose, CEO of Exsat, believes there is “an increased incentive to adopt and develop solutions that enhance transaction throughput and network efficiency.” According to La Rose, this can be achieved by integrating advanced layer two (L2) solutions which expand the […]

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Runes TXs on Bitcoin have tanked over 88% this month

Shibaswap Migrates to Shibarium Network, Expanding Access to 2 Chains

May 15, 2024 Bitcoin.com

bitcoin.com

On May 15, the development team for the meme token project SHIB announced that the decentralized exchange (dex) Shibaswap has been ported to the Shibarium blockchain. SHIB’s lead developer detailed that Shibaswap’s trading platform is now accessible to users of both the Ethereum and Shibarium networks. Shiba Inu Devs Port Shibaswap Over to Shibarium According […]

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Runes TXs on Bitcoin have tanked over 88% this month

Tornado Cash Developer Alexey Pertsev Sentenced to 64 Months for Money Laundering

May 14, 2024 Bitcoin.com

Alexey Pertsev

A Dutch court has sentenced Tornado Cash developer Alexey Pertsev to five years and four months in prison for laundering $2.2 billion through the cryptocurrency mixing service. The case represents a pivotal moment for decentralized finance (defi) regulation and crypto privacy. Dutch Court Imprisons Tornado Cash Developer for $2.2 Billion Money Laundering via Crypto Mixing […]

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Runes TXs on Bitcoin have tanked over 88% this month

Solana’s Defi Landscape to Shift With Marginfi’s Introduction of YBX Stablecoin

May 11, 2024 Bitcoin.com

bitcoin.com

The decentralized lending protocol built on the Solana blockchain, Marginfi, announced the upcoming launch of YBX, which is expected to be the first notable decentralized stablecoin on Solana, aiming to provide an alternative to the network’s heavy reliance on Circle’s centralized stablecoin usd coin (USDC). The stablecoin, backed by SOL-based liquid staking derivatives (LSDs), is […]

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Runes TXs on Bitcoin have tanked over 88% this month

Runes and BRC-20s are just a stepping stone for Bitcoin DeFi

May 6, 2024 Coin Telegraph

Bitcoin

Bitcoin is becoming a yield-generating asset, thanks to new token standards like Runes, which may only be a stepping stone for Bitcoin DeFi.

Bitcoin Runes and BRC-20 tokens may only be a stepping stone in the evolution of Bitcoin-native decentralized finance (DeFi).

The emergence of Runes and Bitcoin DeFi came from a desire to add more utility to the world’s safest blockchain network, according to Rich Rines, a Core DAO contributor building Bitcoin DeFi solutions. Rines told Cointelegraph:

Runes is a new protocol for issuing fungible tokens on the Bitcoin network that launched on April 20, the day of the Bitcoin halving. Runes are part of a wider developer movement known as Bitcoin DeFi, or BTCFi, aiming to add more utility to the Bitcoin network.

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Runes TXs on Bitcoin have tanked over 88% this month

Attackers Steal $1.6 Million in Digital Assets From Defi Protocol Pike Finance

May 2, 2024 Bitcoin.com

bitcoin.com

Unknown attackers recently siphoned digital assets valued at just under $1.6 million from the decentralized finance protocol, Pike Finance. The protocol announced it is offering a 20% reward for the return of the funds, while an ongoing investigation into the incident continues. USDC Vulnerability The decentralized finance (defi) protocol, Pike Finance, said on May 1 […]

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Runes TXs on Bitcoin have tanked over 88% this month

Fear of Impermanent Loss: Though ‘Overstated,’ It Has Impacted Participation in Liquidity Pools, Says Mehdi Lebbar

April 30, 2024 Bitcoin.com

bitcoin.com

Although decentralized finance (defi) continues to evolve, it is being perceived as the domain of a select few, Mehdi Lebbar, the co-founder of the investment platform Exponential, says. However, he argues that defi protocols can alter this perception by emphasizing user education. Lebbar contends that regular educational newsletters, explainer videos, and social media posts can […]

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Runes TXs on Bitcoin have tanked over 88% this month