Tag: DeFi

Crypto Traders See 20% Chance of Bitcoin Topping $70K by April End: DeFi Options Protocol Lyra

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CryptoX is an award-winning media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. In November 2023, CryptoX was acquired by Bullish group, owner of Bullish, a regulated, institutional digital assets exchange. Bullish group is majority owned by Block.one; both groups have interests in a variety of…

Sui Revealed as Top Destination for DeFi Inflows Over the Last 30 Days – Blockchain News, Opinion, TV and Jobs

Grand Cayman, Cayman Islands, February 15th, 2024, Chainwire Wormhole data shows nearly $310 million in assets bridged from Ethereum to Sui over the last month — more than all other blockchains combined. Sui, a Layer 1 blockchain that has experienced explosive growth since its inception nine months ago, is seeing a substantial migration of funds from Ethereum to the Sui ecosystem, with nearly $310 million worth of assets flowing through the Wormhole Portal in the past 30 days. The data is issued by wormholescan.io, which tracks the flow of funds…

DeFi Shouldn’t Have to Worry About the SEC’s Expanded Broker Rule

Traditionally, there has been a distinction between investors, who make directional trades (i.e. betting some stock will go up or down) and dealers, typically large institutions that buy both sides of the market to provide liquidity for those traders. The old definition of a broker included any company “engaged in buying and selling securities … as a part of a regular business,” with “regular business” essentially referring to the service of market making. Source

Solana Price Eyes $120 as SOL DeFi Volumes Beats ETH, ARB

Solana price moved above the $100 milestone on Jan. 30; rising defi volumes and positive sentiment surrounding the upcoming Jupiter airdrop could propel it further. On Jan. 30, Solana’s price briefly broke the $100 barrier for the first time in 2024. However, barely 48 hours later, on Feb. 1, crypto prices dipped after Fed Chief Jerome Powell made a statement hinting at postponing rate cuts beyond March 2024 as widely predicted.  Solana price fell 12.5% on Fed Chief Jerome Powell’s statements In the aftermath of the Federal Open Market Committee…

Crypto Startup Velar Plans Perpetual Swaps Exchange for Bitcoin DeFi After Raising $3.5M

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Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is an award-winning media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. In November 2023, CoinDesk was acquired by Bullish group, owner of Bullish, a regulated, institutional digital assets exchange. Bullish group is majority owned by Block.one; both groups have interests in a variety of…

DEFI Token Hits Seven Major Exchanges – A Milestone Achievement

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January 30, 2024 – Dubai, United Arab Emirates DEFI token secures listings on the seven most popular crypto exchanges, including ByBit, KuCoin, Gate, MEXC, Bitget and Bitmart. Trading will start on January 31, 2024. De.Fi, the largest Web 3.0 super-app, excelled with the most prominent public sale in 2023, raising a staggering $17 million. Today, the team unveiled the thrilling news to their dedicated community. The highly anticipated DEFI token is set to make its debut on seven top-tier exchanges, including ByBit, KuCoin, Gate, MEXC, Bitget and Bitmart. The listing event…

Sui Becomes a Top 10 DeFi Blockchain as TVL Tops $430M

The total value locked (TVL) has jumped by more than 1,000% in four months, catapulting the blockchain above more established incumbents such as Bitcoin and Cardano, as well as Coinbase’s layer-2, Base. The dollar value of cryptocurrencies deposited in its decentralized finance (DeFi) protocols topped $430 million, making it the 10th-largest blockchain by TVL, Sui said. As of writing, it had slipped to No. 11, behind PulseChina, DeFi Llama data show. Source