PRESS RELEASE. 21st February, 2024 – Roqqu, a leading African blockchain technology company with over 1.6 million users and a vibrant community of 700,000 active users, is thrilled to announce the listing of VERSE token, the official utility and rewards token of Bitcoin.com, on its robust wallet platform. This integration marks a significant stride in […] Original
Tag: DeFi
Pyth Network Unveils Real-Time Bitcoin ETF Price Feeds, Bridging Defi and Traditional Finance
On Tuesday, Pyth Network announced the rollout of real-time price feeds for bitcoin exchange-traded funds (ETFs), enhancing the data’s availability to both decentralized finance (defi) developers and the wider crypto and traditional financial communities. These feeds encapsulate data from 13 bitcoin exchange-traded products (ETPs), offering valuable insights. Pyth Network Launches Real-Time Feeds for Bitcoin ETFs […] Original
Liquid Restaking Tokens or ‘LRTs’ Revived Ethereum DeFi. Can the Hype Last?
Besides the convenience of LRTs, the real draw for liquid restaking platforms recently has been “points” – a type of rewards that might entitle users to future token airdrops. While points have nebulous monetary value, they have given rise to an entirely new ecosystem of additional platforms, like Pendle, which let users maximize them through trading strategies that often involve high leverage. Source
DeFi Platform Earning Yield by Shorting Ether Attracts $300M
Ethena offers a 27% annualized reward to holders of its USDe stablecoins, a yield mostly generated by shorting ether futures. Source
Spot Bitcoin ETFs are here. What’s next? Regulating defi?
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Four years ago, the crypto-lambo stunt at the New York Consensus conference garnered the world’s attention. It raised eyebrows among skeptics, boosted the morale of those invested in the industry, and accelerated the clamor for crypto’s real-world purchasing power. In hindsight, it stands as a rockstar moment in crypto history. Cut to the present, the recent ruling on spot Bitcoin ETFs marks a contrasting shift—a ‘family-man’ moment…
Monero shows resilience, Jupiter struggles, Borroe Finance innovates in defi space
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Monero bounces back, Jupiter faces challenges, while Borroe Finance’s innovative DeFi solutions spark growing interest. Monero (XMR) and Jupiter (JUP) have been under pressure recently due to unfavorable ecosystem trends. While Binance plans to delist Monero later this month, JUP lost over 50% of its value in less than a week. Luckily, Borroe Finance ($ROE) gained more ground with its decentralized fundraising utility, and analysts believe the token will…
Solana overtakes Ethereum in defi trading, Pullix can potentially topple both
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Solana outpaces Ethereum in defi, but Pullix presale hints at a new market leader in the industry’s future. Solana (SOL) has surged past Ethereum (ETH) in trading volumes as the defi space continues to gain traction. But this isn’t the end of the story, as Pullix (PLX) has the potential to overtake both when it completes the ongoing presale event and launches later this month. Let’s take a closer…
ZK Proofs Enable Defi Platforms to Meet Regulatory Requirements Without Compromising User Data, Says Ex-FCA Regulator
Diana Tlupova, Head of Compliance at Nexera ID, has argued players in the decentralized finance (defi) space can stay ahead of regulators who might want to impose stringent Know-Your-Customer (KYC) rules by using zero-knowledge (zk) proofs to authenticate user credentials. Tlupova contends that, in addition to allowing users to maintain control over their KYC data, […] Source CryptoX Portal
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…
U.S. Federal Reserve Gov. Christopher Waller Says DeFi Could Boost Dollar’s Global Strength
Waller, who was appointed to the board in 2020 by then-President Donald Trump, did acknowledge that a future in which people shifted from using dollars to using digital currencies could still be a monetary-policy danger. But he argued Thursday that the repeated rhetoric about the decline of the dollar as the global reserve currency is hollow. Source