This Crypto Needed Just 9 Months to Become a Top 10 DeFi Chain
Key takeaways: Sui Network has entered the top 10 decentralized finance (DeFi) rankings by total value locked (TVL) just 9 months after launching its mainnet. It currently has over $500…
Hashnote\'s U.S. Treasuries Token Now Available Through Crypto Custodian Copper
Hashnote, a decentralized finance (DeFi) startup catering to compliance-conscious institutions, is offering its yield-bearing USYC token through Copper, the cryptocurrency custody firm chaired by former U.K. Chancellor Philip Hammond. Hashnote…
DeFi Ponzi Schemes: Analyst’s Take on 2024 Restaking Industry & EigenLayer Airdrop
Crypto analyst Miles Deutscher expects the 2024 decentralized finance Ponzi narratives won’t reoccur despite the rise of the restaking industry. He adds, however, that the EigenLayer airdrop, which is the…
Is Uniswap becoming more TradFi than DeFi?
Hayden Adams’ token swap service Uniswap claims to be a decentralized finance (DeFi) protocol, where holders of its UNI governance token can cast controlling votes on upgrades and changes. However,…
Stop tokenizing everything
Tokenization, especially of real-world assets, has become one of the most discussed trends in DeFi — and it continues to gain momentum. According to research from Galaxy, the total value…
EigenLayer restaking returns: investors discuss how to amplify gains
EigenLayer’s new ‘restaking’ window opens today at 8 pm (UTC), and users will be able to restake their Ethers (ETH) until Friday at the same time. In anticipation of the…
EigenLayer Lifts Staking Cap, TVL Soars Past $3B
Liquid restaking protocol EigenLayer has temporarily removed its 200,000 ether (ETH) staking cap, spurring a $750 million rise in total value locked (TVL) in a matter of hours. Data from…
9 New ETFs Capture 177,949 Bitcoin, Pulling Nearly 40M BTC off Market After GBTC Outflows
In the latest reports, a number of the nine spot bitcoin exchange-traded funds (ETFs) that were launched on Jan. 11, 2024, have increased their bitcoin holdings following the last day…