BOB, a Bitcoin DeFi project, has raised $21m through multiple funding rounds to advance its hybrid blockchain that combines Bitcoin’s security with Ethereum’s DeFi capabilities. In a press release shared with crypto.news, BOB, a self-proclaimed “Gateway to Bitcoin DeFi“, announced… Original
Trading volume on the decentralized exchange Hyperliquid reached a new monthly high in July, setting a record among DeFi perpetual futures platforms as user activity continued to rise. Hyperliquid hit $319 billion of trading volume during July, marking a new monthly record high across all DeFi perpetual futures exchanges, according to DefiLlama data. Hyperliquid’s record is a sign of more traders using decentralized exchanges, which are starting to cut into the market share of centralized cryptocurrency exchanges (CEXs). Source: DefiLlama Hyperliquid earned 35% of all blockchain revenue during July, capturing…
Since they emerged from stealth mode two months ago, a dozen Ethereum treasury companies have bought 2 million ETH between them, with Standard Chartered analysts estimating they’ll add another 10 million to that pile over time. There’s growing excitement that billions worth of that ETH could flow into DeFi protocols as firms compete to chase yields greater than the 3%-5% on offer from staking and re-staking. Etherealize’s Vivek Raman tells Magazine “healthy competition” between treasury companies for yield could light a fire under the DeFi sector before the end of…
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XRP enters a new DeFi era as Flare’s Luminite wallet removes seed phrases, adds fiat onramps, and unlocks seamless access to staking, bridging, and asset swaps. XRP DeFi Now Made Simple—Flare Just Removed Barrier to Its Ecosystem Flare, a full-stack layer 1 solution designed for data-intensive use cases, introduced Luminite on Aug. 5. Described as […] Source CryptoX Portal
The crypto industry is hailing the US Securities and Exchange Commission’s latest guidance on liquid staking as a rare regulatory win, with stakeholders calling it a major step forward for decentralized finance and institutional adoption of digital assets. Released Tuesday, the SEC staff issued a guidance on liquid staking, writing that under certain conditions, liquid staking activities and the receipt tokens they generate do not constitute securities offerings. “Institutions can now confidently integrate LSTs into their products which is sure to drive new revenue streams, expand customer bases, and enable…
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Meet Ponke. He’s just like you — impulsive, curious, wired for risk… and reward. The monkey brain knows: fortune favors the bold. Ponke isn’t just a coin. Ponke is culture. 🐒 Put a helmet on and answer the call. 🪖 💰 Swap $PONKE on OpenSea: 🛒 Buy official Ponke gear: shop.ponke.xyz 🌐 ponke.xyz 📸 instagram.com/ponkesolana 𝕏 x.com/ponkehq 💬 t.me/PonkeHQ 🎵 tiktok.com/@ponkesolana 🧠 Smart Contract Addresses: • Solana: 5z3EqYQo9HiCEs3R84RCDMu2n7anpDMxRhdK8PSWmrRC • Base: 0x4A0c64af541439898448659AEdcEC8E8e819FC53 ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version
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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io This clip dives deep into why Ethereum might be the most misunderstood asset in crypto right now. While everyone’s calling ETH “dead” and betting on Solana, @RaoulPalTJM from @RealVisionFinance reveals why Wall Street and major institutions are quietly building their entire infrastructure on Ethereum. From comparing ETH to Microsoft’s enterprise dominance to explaining why Goldman Sachs will never build on Solana, this conversation exposes the real reasons behind Ethereum’s current struggles and why they might actually set up the biggest comeback in…
Crypto-native insurance service Nexus Mutual reimbursed its customers who had lost money in the recent Arcadia Finance hack. According to a Monday announcement shared with Cryptox, Nexus Mutual reimbursed approximately $250,000 to users who lost funds in the Arcadia Finance hack. The protocol was hacked in mid-July for $3.5 million in USDC (USDC) and USDS on the Base blockchain, with stolen assets swapped to Wrapped Ether (WETH). The attackers siphoned funds directly from user accounts. Arcadia users who lost funds started filing claims on July 29 after a 14-day cooldown.…