defi

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Ethereum DeFi Liquidations Surge As API3’s OEV Network Offers A Solution

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Yesterday’s turbulent market conditions led to a staggering $350 million in Ethereum DeFi protocol liquidations, marking a record high. Of this total, approximately $20 million was siphoned off by MEV (Miner Extractable Value) robots. In response to these challenges, API3’s Oracle Extractable Value (OEV) network presents a promising solution. The OEV solution enables lending protocols … Read more

Donald Trump Jr. Teases ‘Huge’ Crypto News—Says Defi ‘Is the Future’ 

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Donald Trump Jr., the eldest child of the former 45th president, took to social media on Wednesday to declare that decentralized finance (defi) represents the future of the financial world. “We’re about to shake up the crypto world with something HUGE,” Trump Jr. announced on X, emphasizing, “Decentralized finance is the future—don’t get left behind.” … Read more

Paypal Launches Global Hackathon With 40,000 PYUSD in Prizes

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Paypal, a leading payment platform, has announced a global hackathon for its stablecoin PYUSD, offering 40,000 PYUSD in prizes. This initiative follows the launch of the Paypal stablecoin on Solana. Running from Aug. 12 to Sept. 16, the hackathon aims to foster innovation and the adoption of PYUSD on Solana. Paypal Announces Global PYUSD Hackathon … Read more

Study: Surge in Popularity of Liquid Restaking Token Protocols Driven by Growing User Trust

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The surge in the total value locked and adoption of liquid restaking tokens increased from approximately $164.3 million in January to $13.812 billion by June 20, underscoring the growing trust in them. As was the case in January, Ether.fi remains dominant in the LRT market, accounting for approximately 50% of the total value locked, or … Read more

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