1inch reveals new cross-chain swap feature
1inch claims that the feature has built-in security against maximal extractable value (MEV) attacks. Go to Source
defi
Auto Added by WPeMatico
Experts: Defi Thrives Where Banks Falter, Fragmentation a Hurdle
The rise of decentralized finance is particularly strong in regions with weak banking systems, such as Sub-Saharan Africa, Latin America, and Eastern Europe. Experts believe this is because defi offers financial tools and services traditionally unavailable to people in these areas. Experts point to the user-friendliness and security of defi compared to traditional financial institutions … Read more
Wintermute launches OutcomeMarket, US election prediction tokens
The new market will feature Chaos Labs’ Edge Proofs Oracle support, but probably won’t be accessible in the United States. Go to Source
Liquid Staking Absorbs 400,000 ETH, Closing in on 14M Mark
According to the latest figures, over the past 38 days, starting from Aug. 10, 2024, the total value locked in decentralized finance (defi) protocols has slipped by $5.07 billion. Despite this decrease, ethereum continues to pour into liquid staking derivative (LSD) platforms, with 29 distinct LSDs pulling in nearly $1 billion worth of ether during … Read more
Ripple co-founder leads $10M raise for decentralized clearing
Chris Larsen’s $10 million investment in Yellow Network aims to tackle liquidity fragmentation, scalability, and capital efficiency in crypto markets. Go to Source
Bitcoin L2 BOB Launches ‘One-Click’ BTC Staking Solution
BOB (Build on Bitcoin), a hybrid layer two (L2) solution integrating Bitcoin and Ethereum, has launched BOB Stake, a new one-click bitcoin staking product. The platform allows users to stake bitcoin (BTC) and utilize Liquid Staking Tokens (LSTs) across decentralized finance (defi) applications. BOB Introduces One-Click Bitcoin Staking Portal and SDK According to the announcement … Read more
BitGo launches regulated custody platform for native protocol tokens
The US custodian’s crypto-native clients include Worldcoin, ZetaChain, and LayerZero. Go to Source
Argentine Exchange Ripio Announces Defi Credit Card
Ripio, a leading Argentine exchange, has announced that it has created a Visa-backed decentralized finance (defi) credit card allowing users to put crypto in a liquidity pool as collateral for purchases. The card, currently in the testing phases, will not sell the cryptocurrencies owned automatically but will instead borrow up to 30% of the capital … Read more
Bitcoin’s Role in Defi Evolves: CMC Research and Footprint Analytics Report
Coinmarketcap (CMC) Research and Footprint Analytics have released a thorough report exploring the swift expansion of decentralized finance (defi) on the Bitcoin blockchain. The report delves into Bitcoin’s evolving role, driven by innovations that are redefining its potential within the defi space. Bitcoin’s Defi Ecosystem Grows: $1.07 Billion Locked According to the findings from the … Read more
Bettors on Polymarket See 69% Chance of Trump Launching a Token Before Election
Two days ago, former President Donald Trump made headlines by announcing his family’s decentralized finance (defi) platform, World Liberty Financial, boldly claiming the initiative is “embracing the future with crypto.” Meanwhile, over on Polymarket, a blockchain-powered predictions platform, a new bet has emerged. People are now speculating on the chances of Trump launching a cryptocurrency … Read more