Solana Dominates DEX Turnover with Record $258.74 Billion
In a stunning display of market dynamics, January saw a record total turnover on the Decentralized Exchange (DEX) reaching a staggering $564.56 billion. The Solana...
Category : DEFI
Decoding Aave’s Future: Price Predictions and Analysis for 202
Aave, a prominent decentralized finance (DeFi) protocol on the Ethereum blockchain, has been a significant player in the world of cryptocurrency. It has further solidified...
Lobby Finance Becomes Top Delegate in Arbitrum DAO Governance in Major Power
As a decentralized organization championing the cause of “bringing lobbyism to DAO governance,” Lobby Finance has achieved a significant milestone by becoming the top Arbitrum...
Ethereum Leads in Total Value Locked, Outperforming Solana, Tron, and Bitcoin
The DeFi landscape is always in flux, and this week has been no exception, with several prominent blockchains seeing significant increases in their total value...
Base’s Layer-2 Blockchain Solution Hits Record $3 Billion Daily Trading Volume
In a noteworthy development, Base, Coinbase’s Layer-2 (L2) blockchain solution, has achieved a new record, setting an all-time high in daily decentralized exchange (DEX) trading...
Jellyverse Launches jAssets Protocol for Synthetic Asset Trading
Jellyverse (JLY), a decentralized finance (DeFi) platform operating on the Sei (SEI) blockchain, has disclosed the introduction of jAssets, a synthetic assets protocol. This innovative...
Coinbase Launches Bitcoin-Backed Loans, Allows Users to Borrow US
In a significant shift to the digital asset landscape, popular cryptocurrency exchange Coinbase has announced a new initiative enabling users to borrow USDC stablecoin, without...
SEC Files Appeal in Ripple Lawsuit, Challenging Dismissed Claims
The U.S. Securities and Exchange Commission (SEC) has intensified its ongoing legal tussle with Ripple Labs, officially filing an appeal against a July 2023 ruling...
Intesa Sanpaolo Becomes First Italian Bank to Invest in Bitcoin, Acquiring 11 BTC
Intesa Sanpaolo, the largest banking group in Italy, has made a groundbreaking move, becoming the first Italian bank to invest directly in cryptocurrency. The banking...
DeFi in Decline: Prominent Blockchains Experience Significant Dip in Total
The recent downturn of the Decentralized Finance (DeFi) market has been a cause for concern among stakeholders, as evidenced by a significant decline in the...