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....
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.
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...
Kraken’s Ink Blockchain Reaches 1 Million Transactions in Just One Week
Kraken, one of the most prominent cryptocurrency exchanges globally, has launched its own Ink network, a Layer 2 solution based on Ethereum. In just one...
Aurora Labs Revolutionizes the TURBO Ecosystem with TurboChain and TurboSwap
Aurora Labs, in collaboration with the NEAR protocol, has made a significant leap in blockchain evolution with the launch of TurboChain and TurboSwap, two groundbreaking...
Aave V4: The Update That Will Improve Yields and Interoperability in DeFi
TL;DR Aave announces a major update, V4, which will improve lender yields and interest rates for borrowers. The new version will include the “Smart Account”...
Instadapp Announces Rebranding and New Strategies to Drive Fluid’s Growth
TL;DR Instadapp proposes a rebranding and changing its name to Fluid, with the conversion of INST tokens to FLUID 1:1, with no dilution for current...
Binance Labs Backs Brevis to Advance Verifiable Off-Chain Computing in Web3
TL;DR Binance Labs invests in Brevis, a platform that enables verifiable calculations on historical blockchain data. Brevis powers smart contracts with advanced off-chain processing capabilities....