The issuer of Tether (USDT), the world’s most popular stablecoin, is setting up an operation to mine bitcoin (BTC) in Uruguay. This marks the first significant move by Tether into mining and is part of a larger push to provide broader access to...
MetaMask Institutional and Fireblocks have joined forces to offer institutional investors and blockchain developers a solution for secure defi and web3 access, combining wallet security, portfolio management, and connectivity to thousands of decentralized applications. Enabling secure web3 access MetaMask Institutional (MMI), a leading...
Solana, initially introduced as a potential competitor to Ethereum, garnered significant attention in the cryptocurrency industry as a promising blockchain platform. However, the platform’s association with the now-bankrupt cryptocurrency exchange, FTX, and network shutdowns in 2022 impacted investor confidence, subsequently influencing the price...
A European Parliament-commissioned study proposes all crypto assets be treated as securities by default and calls for decentralized finance (DeFi) organizations to receive legal status. A recent study commissioned by lawmakers at the European Parliament proposes that all crypto assets should be treated...
Jimbo, a decentralized finance (DeFi) protocol allowing users to earn interest on their digital assets, is the latest to suffer an attack resulting in the loss of 4,090 ethereum (ETH), worth $7.5 million, a Peckshield update on May 28 shows. The protocol deployed...
Decentralized finance platform Uniswap is set to launch on the Polkadot network, marking a step forward in expanding its accessibility. Uniswap, a decentralized finance (DeFi) platform, has recently announced its decision to deploy on the Polkadot blockchain network. The move has been influenced...
MakerDAO, a leading decentralized autonomous organization (DAO) on the Ethereum blockchain, announced the launch of its Spark Protocol on May 9. The lending platform aims to enhance the liquidity and yield-bearing capabilities of its DAI stablecoin. In a Twitter thread on May 8,...
According to CoinGecko’s recent study, DEXs and oracles have been fundamental components of DeFi since the beginning of 2021, but their market shares have steadily decreased over the last two years. In contrast, the liquid staking category has nearly doubled its market share...
Robinhood has launched Robinhood Connect, an update that empowers its crypto wallet users to access their funds and credentials directly through decentralized finance applications, eliminating the need for the Robinhood app itself. Robinhood has unveiled Robinhood Connect, a groundbreaking update that enables users...
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The global decentralized finance (DeFi) total value locked (TVL) has dropped to a 5-week low. The downward movement started amid the fall of the total cryptocurrency market capitalization from...