Defi TVL surpasses $100b for 1st time since May 2022
For the first time in nearly two years, the total value locked in defi protocols surpassed $100 billion, reaching $101.3 billion. Lending represented $32.6 billion, or 32.2% of the total,…
Radix Network Unveils Project Ignition, a $10 Million Liquidity Incentive Program
In an ambitious move to transform the DeFi landscape, the Radix Network has unveiled Project Ignition, a staggering $10 million liquidity initiative set to bolster the liquidity for major cryptocurrencies…
Injective and DojoSwap Pioneer the CW20-Reflection Standard for Enhanced Token Flexibility
Injective, in collaboration with DojoSwap, is proud to announce the launch of the groundbreaking CW20-reflection standard, marking a significant milestone in the evolution of token development. The innovative standard introduces…
Uniswap\'s UNI Gains 20% as Token Reward Proposal Inches Closer to Approval
Uniswap\'s UNI gained 20% as a governance proposal to distribute protocol revenues among token holders gets overwhelming support in a temperature check before voting. The initiative, if approved, could pay…
University of Arkansas and Dock Collaborate for Threat Reporting In DeFi
The University of Arkansas at Little Rock has recently declared integration of the Reusable Digital ID forum of Dock. As per the announcement, the company is using “Certs” via the…
First Voting Completed For The Major Modification That Doubled The Price Of Uniswap (UNI) When It Was First Announced: Here’s the Result
The Uniswap Foundation\'s proposed changes to the governance of the popular decentralized exchange Uniswap (UNI) passed unanimous pre-vote. The proposal, which involves changing the fee mechanism to reward users who…
DeFi needs institutions — and regulation
The total value of tokens deposited in DeFi applications has just crossed $60 billion, hitting a level not seen since August 2022. This is an impressive milestone for the ecosystem,…
Ethena 2 and ACI offer sUSDe integration with Aave V3 on Ethereum
Ethena 2, along with the Aave Chan Initiative (ACI), proposed adding sUSDe, a synthetic dollar derivative, to Aave V3 on Ethereum. The move aims to leverage Ethena 2’s innovative financial…
Simplified KYC Means DeFi Compliance Without Compromising On Privacy
It’s almost impossible to remain anonymous in the traditional financial world because banks and other financial institutions will always demand some form of identity before they do business with anyone.…