Warning: Constant WP_MEMORY_LIMIT already defined in /home/digit/public_html/wp-config.php on line 98
defi – Page 46 – DIGIT INFO

WBTC Custody Changes Prompts Defi Moves, Bitgo CEO Disregard Concerns

The recent announcement of the custody change of WBTC, a wrapped version of bitcoin, has prompted a negative reaction in decentralized finance (defi) protocols that reject Justin Sun’s disclosed relation with the project. Bitgo is moving WBTC custody to a joint venture with Bit Global, another custodian, to diversify custody locations and decentralize private keys … Read more

150,000 Ether Floods Liquid Staking Platforms in 27 Days

In the last 27 days, ether liquid staking derivatives have experienced an influx of 150,000 ETH, valued at $390 million, flowing into various protocols. Notably, since July 14, 100,000 ETH made its way to Lido, the world’s leading liquid staking platform by market share. Ethereum Liquid Staking Spikes to 13.59 Million Ether, Lido Nears 10 … Read more

Polymarket’s Integrity Questioned Over Venezuelan Presidential Election Bet Outcome

Polymarket, a cryptocurrency-based prediction market, has declared Edmundo Gonzalez, the opposition candidate, the winner of the Venezuelan presidential election bet. The decision, made days after the election, ignores the official results announced by the National Electoral Council (CNE), which proclaimed Maduro as president amidst fraud allegations from opposition leaders. This prompted several users to question … Read more

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

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’ 

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

You have not selected any currencies to display