defi

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1inch Elevates Cross-Chain Trading via ZKsync Alliance  

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1inch has woven ZKsync into its cross-chain swap architecture, empowering users to exchange assets across networks with accelerated processing and minimized fees. ZKsync Joins 1inch’s Cross-Chain Ecosystem This upgrade aims to amplify 1inch’s technical prowess, permitting asset transfers between blockchains via ZKsync’s layer two (L2) framework. By leveraging zero-knowledge rollup (ZK-Rollup) protocols, ZKsync condenses transactions, … Read more

Smart Whale Offloads Major DeFi Tokens After Long-Term Holding

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A famous cryptocurrency whale known as 0x257 has recently made a significant move in the market by selling off a lot of DeFi tokens. Eight hours ago, this smart whale deposited $7.96 million worth of digital assets into Binance, which might be a signal that he’s taking profits on these tokens after holding them for … Read more

Arbitrum Integrates With BitcoinOS to Expand Into the Bitcoin Network 

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Arbitrum has integrated with BitcoinOS (BOS) to bring its Ethereum-based layer two (L2) scaling solution to the Bitcoin network. Arbitrum Brings Ethereum-Based L2 Scaling to Bitcoin According to the release shared with Bitcoin.com News, the integration allows Arbitrum One, an L2 network on Ethereum, to function as a hybrid rollup that leverages both Bitcoin’s security … Read more

USDT0 Launches on Arbitrum With 1:1 Backing, Faster Transfers 

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Tether has upgraded its USDT stablecoin on Arbitrum to USDT0, a cross-chain compatible asset backed 1:1 by Ethereum-based USDT reserves. Tether Transitions Arbitrum USDT to USDT0 Tether says the upgrade automatically converts existing Arbitrum USDT holdings to USDT0 without requiring user action. USDT0 will serve as Arbitrum’s canonical stablecoin, maintaining the same contract address. Transfers … Read more

Report: ‘Solana Is Drinking the Ethereum Milkshake’

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Cryptocurrency exchange OKX says “Solana’s meteoric ascent redefined the potential of Web3,” in its 2025 “State of DEXs” report. Solana Is Surging While Ethereum Is Fighting for Relevance Says OKX When it comes to dominating volume on decentralized exchanges (DEXs), Solana is eating Ethereum’s lunch – and drinking its milkshake – at least that’s how … Read more

Symbiotic Deploys Feature-Complete Restaking Protocol on Ethereum

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The restaking protocol Symbiotic has launched a permissionless, feature-complete shared security protocol on Ethereum Mainnet, enabling blockchain networks to restake assets with full slashing capabilities. Shared Security Protocol With Full Slashing Goes Live on Ethereum According to the announcement shared with Bitcoin.com News, the protocol allows networks to manage restaking implementations autonomously while maintaining control … Read more

Thorchain Faces Insolvency, Halts Redemptions

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Node operators voted to temporarily suspend redemptions for the platform’s decentralized finance (defi) offerings, but core developers claim it’s business as usual for all other aspects of the network. Thorchain Teeters on the Edge of Insolvency Decentralized exchange Thorchain halted fund redemptions on its defi products on Friday amid rumors of potential insolvency but claimed … Read more

Avant Launches Defi-Native Stablecoin Pair on Avalanche

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The tokens use sophisticated delta hedging market strategies to generate double-digit yields for investors. Yield-Focused Stablecoins Debut on Avalanche Defi platform Avant launched its yield-focused stablecoin pair AVUSD and SAVUSD on the Avalanche blockchain on Thursday. The tokens made their debut after a five-month whitelisting period where they generated a double-digit yield, according to a … Read more

Defi Perp Protocol Hyperliquid Hits $21B in Daily Volume, Bolstered by TRUMP and MELANIA Listings

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On Jan. 20, 2025, Hyperliquid, a decentralized perpetual exchange powered by a custom-engineered, high-performance layer one (L1) blockchain, revealed it had reached a series of unprecedented milestones in trading volume. Within the past 24 hours alone, the platform reported facilitating an impressive $21 billion in volume. Hyperliquid Shatters Records: $21B in 24-Hour Trading Volume and … Read more