Lower interest rates could be the key to DeFi summer: HashKey CEO
Declining interest rates — along with rising investment in Bitcoin — could provide the fuel the DeFi market needs to experience a long-awaited resurgence. Go to Source
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Crypto VC funding hits $2.7B in Q2, Tron may be ‘most profitable blockchain’ — Finance Redefined
Crypto startup funding rose over 2.5% in Q2, and Tron could be on track to become the most profitable blockchain in terms of revenue, according to Justin Sun. Go to Source
DeFi market stages a comeback as derivatives surge
Onchain derivatives fuel DeFi’s resurgence, with daily volumes reaching $5 billion amid rising competition. Go to Source
Arbitrum DAO boosts ARB utility with staking and governance upgrades
The DAO bolsters its framework and community by enabling ARB staking and enhancing token utility and security. Go to Source
Chaos Labs Secures $55M Series A Funding to Bolster Defi Risk Management Solutions
Chaos Labs has raised $55 million in a Series A funding round, led by Haun Ventures, to advance its onchain risk management platform for decentralized finance (defi). The company plans to use the funds to further enhance its technology, which automates real-time protocol parameter recommendations to improve the security and efficiency of defi protocols. Chaos … Read more
Chainalysis alerts rise in crypto hacks and ransom in 2024
Cryptocurrency hackers have been returning to their roots to targeting centralized exchanges amid a spike in the Bitcoin price in 2024. Go to Source
EigenLayer TVL hits $12.9B, climbs 11% in one week: ITB
EigenLayer leads the restaking sector with a $12.9B TVL, driven by AVS rewards and growing interest in Ethereum-based restaking. Go to Source
DeFi rises again as Aave hits new ATH in weekly borrowers
Layer-2 chains Base and Scroll have contributed to Aave’s recent borrower and depositor growth. Go to Source
Dydx Introduces Major Chain Upgrade With New Features
Decentralized exchange Dydx has announced a significant upgrade to its chain, introducing new features designed to enhance market liquidity and security. The update, set for release this autumn, marks the largest change to the Dydx Chain since its launch. Dydx Introduces Permissionless Market Listings and Megavault in Upcoming Chain Overhaul According to the announcement, the … Read more
TON, Pyth team up for real-time DeFi data
TON and Pyth’s collaboration brings institutional-grade real-time price feeds to TON developers, enhancing DeFi innovation. Go to Source