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

Fear of Impermanent Loss: Though ‘Overstated,’ It Has Impacted Participation in Liquidity Pools, Says Mehdi LebbarAlthough 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 […]

Roaring Kitty GME class action lawsuit dropped after 3 days

Prioritizing First-Mover Advantage Over Security Leaves Defi Protocols Vulnerable to Hacks – Nikita Ovchinnik

Prioritizing First-Mover Advantage Over Security Leaves Defi Protocols Vulnerable to Hacks – Nikita OvchinnikAccording to Nikita Ovchinnik, founder of Barter Defi, decentralized finance (defi) protocols are increasingly becoming the primary target of most hacking attacks because defi “lays bare its inner workings for all to see.” He said the open-source nature of defi means hackers and malicious actors have ample time to study and identify weaknesses or vulnerabilities […]

Roaring Kitty GME class action lawsuit dropped after 3 days

Orbs VP Ran Hammer Says Future of Defi ‘Hinges on Liquidity Aggregation’

Orbs VP Ran Hammer Says Future of Defi ‘Hinges on Liquidity Aggregation’Although decentralized finance (defi) platforms have traditionally focused more on maintaining liquidity and volumes in their respective pools, Ran Hammer, the vice president of business development at Orbs, believes that “the future of defi hinges on liquidity aggregation.” According to Hammer, this shift is evidenced by the emergence of dominant aggregators that optimize trades by […]

Roaring Kitty GME class action lawsuit dropped after 3 days

Study: Three-Quarters of Defi’s Total Value Locked Earn 5% APY in Low-Risk Contracts

Study: Three-Quarters of Defi’s Total Value Locked Earn 5% APY in Low-Risk ContractsIn the first quarter of 2024, approximately $43.8 billion, or 76% of the decentralized finance yield market, earned an annual percentage yield (APY) of about 5% in very low-risk contracts. Staking played a crucial role in the resurgence of decentralized finance, bolstered by the Ethereum network’s transition to a Proof-of-Stake model. The bridging sector experienced […]

Roaring Kitty GME class action lawsuit dropped after 3 days

First Digital Labs to Launch FDUSD on L1 Blockchain Network Sui 

First Digital Labs to Launch FDUSD on L1 Blockchain Network Sui The stablecoin issuer First Digital Labs has announced its intention to debut its dollar-pegged token FDUSD on the Sui network. This collaboration is described as a “strategic alliance aimed at enhancing liquidity and efficiency of transactions.” FDUSD to Integrate With Sui Blockchain First Digital Labs, the issuer and asset manager of the fourth-biggest stablecoin in […]

Roaring Kitty GME class action lawsuit dropped after 3 days

Blockchain Space Continues to Evolve Even During Lean Periods, Says Michael Amar

Blockchain Space Continues to Evolve Even During Lean Periods, Says Michael AmarThe blockchain and crypto industry has never stood still including during the prolonged lean period known as the crypto winter, asserted Michael Amar, co-founder of the Paris Blockchain Week Summit. Amar believes the resilience shown by market participants during this period demonstrates a new level of maturity in the industry. Engagement Between Startups and Developers […]

Roaring Kitty GME class action lawsuit dropped after 3 days

Socialfi Expands Satoshi Nakamoto’s Vision of a Defi System to Social Media, Says Kevin Lu

Socialfi Expands Satoshi Nakamoto’s Vision of a Defi System to Social Media, Says Kevin LuAccording to Kevin Lu, social finance, or “socialfi” — a combination of social media and decentralized finance — is an innovation that extends Satoshi Nakamoto’s vision of a decentralized financial system to social media. Although it’s not intended to replace today’s traditional social media platforms, socialfi addresses “significant value gaps in current consumer products,” said […]

Roaring Kitty GME class action lawsuit dropped after 3 days

Hedging Shields Portfolios from Whales Known to ‘Sell Their Losses to Retail Investors’ – Robby Greenfield

Despite the notion that portfolio hedging is a preserve for institutional investors, Robby Greenfield, the CEO of Umoja Labs, says even retail investors can use well-known techniques to insulate their crypto portfolios against sudden and steep price swings. The CEO however concedes that many retail investors have not engaged in hedging because such tools have […]

Roaring Kitty GME class action lawsuit dropped after 3 days

Velar Launches Dharma AMM to Propel Bitcoin Into the Decentralized Finance Spotlight

Velar Launches Dharma AMM to Propel Bitcoin Into the Decentralized Finance SpotlightOn Tuesday, the bitcoin liquidity protocol Velar unveiled Dharma, an automated market maker (AMM) designed to enhance decentralized finance liquidity within the Bitcoin realm. The inaugural version of Velar’s Dharma is set to function on the Bitcoin layer two (L2) Stacks, featuring an initial pairing of two tokens. Velar’s Strategy to Elevate Bitcoin Within the […]

Roaring Kitty GME class action lawsuit dropped after 3 days

Solana’s Decentralized Exchange Platforms Eclipse Ethereum in Daily Trading Volume, Surpassing $2.8 Billion

Solana’s Decentralized Exchange Platforms Eclipse Ethereum in Daily Trading Volume, Surpassing .8 BillionThis week, SOL’s value has seen a significant increase, elevating its decentralized exchange (dex) platforms and propelling the layer one (L1) blockchain to a leading position in 24-hour dex trading volume. Solana’s dex platforms have amassed $2.802 billion in trade volume over the past day, outperforming Ethereum’s dex platforms, which have recorded $2.03 billion in […]

Roaring Kitty GME class action lawsuit dropped after 3 days