Wormhole Integrates Stacks to Connect Bitcoin with DeFi Applications
TL;DR Wormhole added Stacks to its multichain infrastructure, enabling native transfers of sBTC and STX to Solana and Sui. The integration aims to revive Stacks’...
Category : DeFi
Decentralized Finance News (DeFi)
Decentralized Finance (DeFi) is a completely revolutionary concept for the traditional financial system.
DeFi implies that there is no control by any government or financial entity over the finances of individuals. In this case, it is the community itself that regulates itself, setting its own rules, conditions and sanctions.
The DeFi world is growing day by day and more and more projects are being launched in this space.
Keep up to date with all the news about DeFi in this section of The Cryptocurrency Post.
Flare Network Sees 160% Surge in Total Value Locked in 10 Days
TL;DR Flare Network has seen a 160% increase in its total value locked, reaching $120 million since April 28. This growth is mainly driven by...
SpookySwap Launches Orbs Orders on Sonic
TL;DR The DeFi ecosystem continues to evolve at a rapid pace, and this time, SpookySwap takes a bold step forward in redefining decentralized trading. Starting...
PumpFi Revolutionizes Solana: Buy Now, Pay Later
TL;DR PumpFun, widely recognized as one of the most active memecoin launch platforms on the Solana network, has made a bold move by introducing “PumpFi”,...
Hyperliquid in Controversy After JELLY Manipulation and Million-Dollar Exploit
TL;DR A user manipulated JELLY on Hyperliquid and made over $6 million by exploiting the platform’s liquidation system. Although Hyperliquid removed JELLY, the attacker still...
Uniswap Boosts Its Ecosystem with a Million-Dollar Investment
TL;DR The Uniswap community has approved a $165.5 million investment to strengthen its ecosystem, marking a major milestone in the evolution of the decentralized exchange....
Artemis and the Controversy with DefiLlama: The Debate on Data Ownership in DeFi Intensifies
TL;DR A DefiLlama developer accused Artemis of using its database without proper attribution, sparking a heated debate within the crypto community. Artemis argued that the...
DeFi Sector Faces 16% TVL Decline, Stablecoin Market Remains Resilient
TL;DR The DeFi sector experienced a 16% drop in total value locked (TVL) over the past week, falling from $140.95 billion to $117.76 billion before...
Aave and Chainlink: A Strategic Alliance Against MEV
TL;DR Aave plans to use Chainlink’s Smart Value Recapture (SVR) oracle to redirect MEV profits back to its users. The SVR could capture up to...
On-Chain Lending Protocols See Record Activity in 2024
TL;DR The DeFi market has seen a resurgence in on-chain lending protocols, reaching activity levels not seen since 2021, driven by increased stablecoin liquidity and...