Ethereum’s DeFi Reign Slips 37% Since 2021—A Blockchain Power Shift?

Current metrics place the total value locked into decentralized finance (DeFi) at approximately $117.856 billion. Ethereum, once commanding more than 56% of that figure at the close of 2024, has since dipped to 51.24% in May, marking a notable decline in its share. Battle for DeFi Dominance Heats up: Ethereum Slides, Solana and Bitcoin Advance … Read more

BitcoinOS Launches Charms: Metaprotocol for Programmable Tokens on Bitcoin and UTXO Blockchains

BitcoinOS (BOS) has announced the launch of Charms, a groundbreaking metaprotocol designed to enable native, programmable tokens on Bitcoin and other UTXO blockchains without the need for bridges or custodians. This new protocol allows developers to create decentralized applications and smart assets directly on Bitcoin, facilitating seamless token transfers across UTXO-based chains such as Cardano, … Read more

R3 and Solana Foundation Unite to Bridge TradFi and DeFi via Strategic Collaboration

R3 announced a strategic collaboration with the Solana Foundation aimed at merging public and private blockchain networks to enhance institutional access to digital capital markets. This partnership will leverage R3’s enterprise-grade private blockchain technology alongside solana’s high-performance public mainnet, facilitating the integration of regulated financial institutions with tokenized real-world assets (RWAs). The initiative is expected … Read more

VeChain Launches Bridge Enabling Interoperability With Bitcoin, Ethereum, and 40 More Cryptos

VeChain has announced the launch of its bridge through an integration with Wanchain, enabling interoperability with bitcoin, ethereum, and over 40 other leading blockchains. This milestone marks a significant evolution in VeChain’s transition to a fully interconnected Web3 ecosystem, allowing users to bridge assets such as BTC, ETH, and USDC directly into VeChain while also … Read more

Magic Eden Taps Spark to Enhance Bitcoin DeFi With Fast, Low-Cost Settlement

Crypto platform Magic Eden has announced a partnership with Spark to enhance trading on bitcoin by providing fast and low-cost settlement for native assets. By integrating with Spark, Magic Eden plans to unlock efficient transactions for various market types, including stablecoin-to- BTC swaps, while maintaining the integrity of bitcoin’s trust model. Spark is designed to … Read more

Solana Treasury Company DeFi Development Corp. Partners With BONK Memecoin to Launch Validator Node

DeFi Development Corp. (Nasdaq: DFDV), a public company with a crypto treasury strategy focused on accumulating solana ( SOL), has announced a strategic partnership with BONK, a popular community memecoin in the Solana ecosystem. As part of the collaboration, the two entities will jointly operate and manage a validator node, with both contributing to the … Read more

Bitpay Launches HODL Pay to Enable Crypto-Backed Stablecoin Spending

Atlanta-based firm Bitpay has introduced HODL Pay, enabling users to borrow stablecoins against cryptocurrency holdings for payments without liquidating assets. The service integrates decentralized finance (DeFi) protocols with Bitpay’s merchant network. Crypto Users Can Now Borrow Stablecoins via Bitpay’s HODL Pay In a message shared with Bitcoin.com News, Bitpay explained that in order to use … Read more

DeFi Development Corp. Acquires $23.6 Million in Solana, Expanding Total Holdings to 595,988 SOL

DeFi Development Corp. (Nasdaq: DFDV) announced the acquisition of 172,670 solana ( SOL) tokens at an average price of $136.81, totaling approximately $23.6 million, marking the company’s largest purchase of solana to date and its tenth acquisition under its digital asset treasury strategy. Following this transaction, DeFi Development Corp. now holds a total of 595,988 … Read more

Value Locked in Aave Reaches All-Time High of $24.4B Amid Lending Protocol Momentum

Aave’s total value locked (TVL) has reached an all-time high of $24.389 billion, signaling renewed investor confidence in the decentralized finance (DeFi) protocol. Onchain Lending Platform Aave Sets New TVL Benchmark The lending protocol’s latest milestone places it among the largest DeFi platforms by TVL, with a market capitalization of $3.335 billion and a fully … Read more

Hyperliquid Hits $5.6B Open Interest High Amid Hyperbridge Debut

Layerzero has launched Hyperbridge, a new interoperability solution connecting external blockchain assets to Hyperliquid’s decentralized trading ecosystem, which recently saw its open interest hit a record $5.6 billion. Cross-Chain Trading Boosted as Layerzero Rolls Out Hyperbridge for Hyperliquid Layerzero, an omnichain interoperability protocol, has introduced Hyperbridge, a tool designed to streamline asset transfers between external … Read more