decentralized finance

MoonPay announced a strategic partnership with Element Wallet to enhance access to Core (CRYPTO: CORE) tokens within the Bitcoin (CRYPTO: BTC) DeFi (BTCfi) ecosystem. The integration will allow users to seamlessly purchase CORE tokens using multiple payment methods, including debit and credit cards...

MatterFi on Tuesday announced the launch of its decentralized financial platform, designed to secure digital transactions against phishing and other cyber threats while simplifying usability for enterprises and consumers. The launch follows a six-month beta phase aimed at testing the platform's...

Ethereum (CRYPTO: ETH) ETFs could soon offer staking yields, marking a significant evolution in institutional crypto investment, according to a new Bernstein report. What Happened: Bernstein analysts on Moday emphasized that integrating staking yields into ETFs would not only improve their...

Cathie Wood, CEO of ARK Invest, has shared her insights on the potential impact of a Trump administration on Bitcoin (CRYPTO: BTC) and decentralized finance (DeFi). Wood believes that the administration could bring much-needed “regulatory clarity” to the fintech sector, particularly if...

Tidus, a decentralized wallet platform focused on simplifying decentralized finance (DeFi), has integrated the Wormhole-powered Mayan Swift SDK to streamline cross-chain transfers. What Happened: The integration allows users to move stablecoins such as USDC (CRYPTO: USDC) and USDT (CRYPTO: USDT),...

Jade City, a blockchain platform focused on tokenizing the jade gemstone market, launched its MVP (Minimum Viable Product) on Tuesday, aiming to make the jade industry more accessible and transparent. The platform plans to issue bonds backed by jade, offering returns in tokenized physical jade with...

Core (CRYPTO: CORE), a blockchain platform that aims to unlock Bitcoin (CRYPTO: BTC)-powered decentralized finance (DeFi), has become the largest Bitcoin sidechain in terms of Total Value Locked (TVL), according to data from DeFiLlama. What Happened: The platform now accounts for 26.4% of the total...

Uniswap (CRYPTO: UNI) CEO Hayden Adams has expressed optimism over U.S. Vice President Kamala Harris‘ comments supporting digital assets, highlighting the growing recognition of decentralized finance (DeFi) by political leaders. What Happened: However, Adams' positive reception of Harris'...

As Bitcoin (CRYPTO: BTC) becomes a key asset for corporate treasuries, public companies are increasingly adopting innovative strategies to maximize their Bitcoin holdings. What Happened: What began with MicroStrategy's (NASDAQ:MSTR) decision to include Bitcoin in its corporate treasury has sparked...

Crypto exchange Coinbase (NASDAQ:COIN) on Thursday announced the launch of Coinbase Wrapped BTC (cbBTC), a new ERC20 token backed 1:1 by Bitcoin (CRYPTO: BTC) held in Coinbase’s custody. What Happened: This move aims to expand Bitcoin’s utility within the decentralized finance (DeFi)...

The Federal Bureau of Investigation’s Internet Crime Complaint Center (IC3) has disclosed that Americans lost a staggering $5.6 billion to cryptocurrency-related fraud in 2023. What Happened: This figure, released in the FBI’s 2023 Cryptocurrency Fraud Report, marks a 45% increase from...

Liquid restaking services firm Ether.fi on Monday announced its plan to launch Ether.fi Cash, a blockchain-based credit card that allows users to spend fiat while using their crypto assets as collateral. What Happened: Ether.fi has partnered with Scroll, an Ethereum (CRYPTO: ETH) Layer-2 network,...

Ripple is set to transform the XRP Ledger with a major enhancement that brings Ethereum-compatible smart contracts into the ecosystem via a new sidechain. What Happened: This upgrade will allow the ledger, which primarily facilitates simple financial transactions, to now support complex...

The Commodity Futures Trading Commission (CFTC) has issued an order against Uniswap Labs (CRYPTO: UNI), settling charges related to illegal offerings of digital asset derivatives trading. The agency fined the Delaware-based company, operating out of New York, $175,000. Uniswap also received a...

Former President Donald Trump has once again made headlines, this time with a bold foray into the world of cryptocurrency. What Happened: Trump on Thursday announced the upcoming launch of a new crypto platform named “The DeFiant Ones” to his 7.5 million followers on Truth Social,...