Defi

Bitdeer Seeks Investors’ Contribution to Crypto Project Fund in Bhutan

Bitdeer Technologies proposed to develop green crypto mining in Bhutan. The project aims at establishing carbon-free mining, utilizing Bhutan’s hydroelectric power. The company seeks the contribution of investors to the project’s $500 million fund. Bitdeer Technologies, the digital asset mining service company, announced the company’s proposal to develop “green crypto mining” in Bhutan to establish carbon-free mining, utiliz...

Maple Finance CEO says that DeFi Market Can Be 100x Larger

Maple Finance CEO Sidney Powell recently sat down with Scott Melker for a podcast. Powell spoke about the potential of the DeFi market alongside other topics. Powell mentioned that the DeFi market could be 100 times larger. Sidney Powell, the CEO of Maple Finance, recently sat down with Scott Melker to discuss DeFi market potential. During the podcast, the duo spoke about various topics, including the FTX effect, the role of...

‘Politics Surrounding Banking is Toxic,’ Says BitMEX Co-Founder

Arthur Hayes commented on his perspectives on the US authority’s closure of the First Republic Bank. The BitMEX co-founder posited that the FDIC’s move has been a political paralysis. Hayes added that the politics regarding banking and finance is toxic. Arthur Hayes, the American entrepreneur, and co-founder of the crypto exchange BitMEX invited the Twitter community’s attention to his perspectives on the US government’s rec...

Founder of Eight Global States: Altcoins Are Showing Strength

Founder of Eight Global states that Altcoins are showing strength while DeFi is waking up. Fantom captures the ninth place in top gainers, according to CoinMarketCap.Polkadot has been moving sideways since November 10. Chief Executive Officer (CEO) and Founder of Eight Global, Michael van de Poppe, stated that some altcoins are showing strength while decentralized finance is waking up. Notably, Michael shared this as a follow-up tweet ...

Top 10 Bitcoin Blockchain Applications That Include DApps

The non-custodial DeFi wallet Crypto.com is the top Bitcoin blockchain app and has a social signal of 58,760. Stake, a crypto-casino and sports betting application, is second on the list. Ledger, the crypto asset wallet, ranks third on the list with the Social Signal mark of 5461. The most popular cryptocurrency in the world Bitcoin has always ruled charts for its highest trading price value but its Blockchain too stands out. Hence,...

Crypto Influencer Claims Chainlink’s Multisig May Destroy DeFi

A crypto influencer recently highlighted the vulnerabilities in Chainlink’s 4-of-9 multisig. The influencer believes that the DeFi ecosystem’s exposure to Chainlink oracles may be catastrophic. Popular projects like Aave and Maker rely on Chainlink’s price oracles. Chris Blec, a popular crypto influencer who describes himself as a fierce advocate for immutable decentralized technology, has alleged that the decentralized finance (DeFi) i...

Circle CEO Assures 100% Safety of USDC Reserves, Transfer Resumes

Jeremy Allaire tweeted that the company’s 100% USDC reserves are safe, in reference to the SVB collapse. Circle’s CEO assured that the company would transfer the remaining SVB cash to BNY Mellon. He added that Circle would be focusing on building robust and automated USDC settlement. Computer entrepreneur and CEO of the digital currency company Circle Jeremy Allaire shared a Twitter thread in the early hours of March 13 updating the...

Dymension Launches IBC-Enabled EVM Rollup on Testnet to Enhance Cosmos Ecosystem

Blockchain scaling startup – Dymension – announced the launch of the world’s first IBC-enabled EVM rollup on testnet in collaboration with Evmos Core Teams and Celestia. The latest offering is part of Dymension’s roadmap to establish and bootstrap a new ecosystem of IBC-enabled rollups. The collaboration, on the other hand, will bring “superior” EVM blockchain access to the Cosmos ecosystem. IBC-Enabled EVM Rollup According to th...

Liquid staking solutions now have more TVL than DEXs: DefiLlama

Liquid staking solutions such as Lido and Rocket Pool now have more total value locked (TVL) than decentralized exchanges (DEXs), making them the top category of DeFi protocols, according to data from crypto analytics platform DefiLlama.For the first time, the Liquid Staking category has surpassed DEXes in total value locked, making it the leading category in DeFi by TVL dominance pic.twitter.com/HQ0Ug8UweR— DefiLlama.com (@DefiLlama) April 26, 2...

Justin Sun issues apology after Sui LaunchPool clashes with Binance CEO

On May 1, Binance CEO Changpeng “CZ” Zhao issued a warning to Tron founder Justin Sun regarding a deposit of 56.1 million TrueUSD (TUSD) to Binance. The Binance executive wrote: “Our team told Justin, if he uses any of these to grab the LaunchPool Sui token, we will ‘take action against it’. SMH. Binance LaunchPool are meant as air drops for our retail users, not just for a few whales.”In response, Sun said that Tron DAO’s primary objective in de...
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