Trump’s World Liberty Financial taps Chainlink as oracle provider

November 14, 2024 Coin Telegraph

World Liberty Financial’s WLFI token is only available to accredited investors inside the United States and non-US residents.

President-elect Donald Trump’s decentralized finance platform, World Liberty Financial, has announced an integration with Chainlink’s price feeds to provide real-time, tamper-proof data to the DeFi project.

According to a Nov. 14 announcement, World Liberty Financial will leverage Chainlink oracles on the Ethereum mainnet to power the platform’s launch — based on an Aave v3 instance. Following the integration, Eric Trump, Web3 ambassador at World Liberty Financial and the son of the president-elect, had this to say:

World Liberty Financial’s choice to integrate Chainlink as an oracle provider follows yet another successful pilot test with the SWIFT interbank messaging system and further growth of the Chainlink ecosystem.

Ripple Legal Chief Offers SEC Advice on Reforming Crypto Rules Under New Leadership

PancakeSwap launches Telegram Swap Bot for crypto trading access

November 14, 2024 Coin Telegraph

BNB Chain

PancakeSwap’s new Telegram bot lets users trade over 3,000 tokens from the app, highlighting DeFi’s growing accessibility.

PancakeSwap, one of the largest decentralized exchanges (DEXs) on the BNB Chain, has introduced a Telegram bot that enables users to trade cryptocurrencies directly from the messaging app.

The bot currently supports trading for over 3,000 tokens, making decentralized finance (DeFi) transactions potentially more accessible to a wider audience familiar with Telegram.

The Telegram Swap Bot will enable users to trade tokens on PancakeSwap v2, v3 and stableswap on the BNB Chain.

Ripple Legal Chief Offers SEC Advice on Reforming Crypto Rules Under New Leadership

Trump-backed World Liberty Financial taps Chainlink to drive mass DeFi adoption

November 14, 2024 The Crypto Briefing

Crypto Briefing

The partnership could accelerate DeFi's integration with traditional finance, potentially reshaping global financial systems and privacy norms.

The post Trump-backed World Liberty Financial taps Chainlink to drive mass DeFi adoption appeared first on Crypto Briefing.

Ripple Legal Chief Offers SEC Advice on Reforming Crypto Rules Under New Leadership

ZKsync approves proposal to distribute 325 million ZK tokens to boost liquidity across chains

November 14, 2024 The Crypto Briefing

Crypto Briefing

The ZKsync initiative could revitalize DeFi activity, potentially reversing declining user engagement and transaction volumes across its network.

The post ZKsync approves proposal to distribute 325 million ZK tokens to boost liquidity across chains appeared first on Crypto Briefing.

Ripple Legal Chief Offers SEC Advice on Reforming Crypto Rules Under New Leadership

DeFi Technologies launches CoreFi, a MicroStrategy-inspired model for leveraged Bitcoin gains

November 14, 2024 The Crypto Briefing

Crypto Briefing

DeFi Technologies launches CoreFi Strategy, a high-beta Bitcoin vehicle inspired by MicroStrategy, offering investors access to Core blockchains BTCfi opportunities.

The post DeFi Technologies launches CoreFi, a MicroStrategy-inspired model for leveraged Bitcoin gains appeared first on Crypto Briefing.

Ripple Legal Chief Offers SEC Advice on Reforming Crypto Rules Under New Leadership

Value Locked in Defi Hits $100 Billion—But Six Giants Hold the Bulk of Crypto Assets

November 10, 2024 Bitcoin.com

Value Locked in Defi Hits 0 Billion—But Six Giants Hold the Bulk of Crypto Assets

bitcoin.com

As of press time, the crypto economy is sitting at a hefty $2.69 trillion, with the digital currency market posting substantial gains this week. Over the weekend, the total value locked (TVL) in decentralized finance (defi) climbed past the $100 billion mark. Defi TVL Crosses the $100B Mark Reaching this benchmark took a while, but […]

Ripple Legal Chief Offers SEC Advice on Reforming Crypto Rules Under New Leadership

DeFi Passes Gaming in October To Become Top Sector in the Decentralized App Market: DappRadar

November 9, 2024 The Daily Hodl

Daily Hodl

Decentralized finance (DeFi) passed gaming last month to become the top sector in the decentralized app (DApp) space, according to a new analysis from the market intelligence firm DappRadar. DappRadar notes that DeFi now accounts for 34.5% of overall DApp activity, compared to 24.5% for gaming and 17.7% for non-fungible tokens (NFTs). “In a notable […]

The post DeFi Passes Gaming in October To Become Top Sector in the Decentralized App Market: DappRadar appeared first on The Daily Hodl.

Ripple Legal Chief Offers SEC Advice on Reforming Crypto Rules Under New Leadership

Norway supports MiCA, considers CBDC for financial stability

November 9, 2024 Coin Telegraph

CBDC

Norges Bank backs the EU’s MiCA regulation while considering a CBDC to enhance cross-border payments and support financial stability in Norway.

Norges Bank, Norway’s central bank, has endorsed the European Union’s Markets in Crypto-Assets Regulation (MiCA) as the country evaluates the potential adoption of a central bank digital currency (CBDC).

Kjetil Watne, project director for Norges Bank’s CBDC project, said in an interview with Cointelegraph that Norway, as a member of the European Economic Area (EEA), welcomes MiCA’s framework. However, he noted that the bank is still considering “whether additional regulations are necessary to promote financial stability.”

Watne explained that Norges Bank has “not yet decided” if it will issue a CBDC and is assessing how to “mitigate regulatory gaps related to decentralized finance.”

Ripple Legal Chief Offers SEC Advice on Reforming Crypto Rules Under New Leadership

Coinbase wrapped Bitcoin deploys on Solana, aimed at growing DeFi market

November 8, 2024 Coin Telegraph

cbBTC

The deployment will allow users to utilize Bitcoin in Solana’s burgeoning DeFi ecosystem, according to Coinbase.

America’s largest cryptocurrency exchange, Coinbase, has deployed its version of wrapped Bitcoin on the layer-1 blockchain Solana as it seeks to expand the adoption of the asset in decentralized finance (DeFi).

“This is the first token Coinbase has issued on Solana, and with it, we’re excited to bring easy access to BTC,” the company said in a post on X announcing the deployment on Nov. 7.

Coinbase added that cbBTC will take the form of a Solana Program Library (SPL) token, a Solana-based token that can represent both fungible and non-fungible assets.

Ripple Legal Chief Offers SEC Advice on Reforming Crypto Rules Under New Leadership

Defi Nears $100 Billion Milestone as Crypto Market Heats Up

November 7, 2024 Bitcoin.com

Defi Nears 0 Billion Milestone as Crypto Market Heats Up

bitcoin.com

According to the latest data, the crypto economy’s 2.45% climb over the last day is pushing the total value locked in decentralized finance (defi) protocols tantalizingly close to a $100 billion milestone. $100 Billion in Sight in the Wide World of Defi Protocols As of 11 a.m. Eastern Time (ET) on Thursday, the total value […]

DeFi

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