decentralized finance

Sun.io, the DeFi protocol affiliated with Tron (CRYPTO: TRON) founder Justin Sun, has unveiled SunPump, a new platform designed to enable the creation of meme coins on the Tron blockchain. What Happened: This initiative positions SunPump as a direct competitor to Solana‘s (CRYPTO: SOL)...

The integration of AI within the Web3 ecosystem is taking a significant leap forward, according to Nick Havryliak, CEO and co-founder of data provenance protocol Assisterr. Havryliak told Benzinga in an exclusive interview on Tuesday about the importance of creating a decentralized AI...

BlackRock’s(NYSE:BLK) tokenized fund BUIDL (BlackRock USD Institutional Digital Liquidity Fund) has ammassed more than $500 million in assets under management (AUM) in three months, according to a new report. What Happened: The research report by Digift shows that as of July 9, 2024, the fund...

Blockchain infrastructure provider InfStones on Wednesday launched its Node-as-a-Service (NaaS) product, aimed at accelerating the development of Decentralized Physical Infrastructure Networks (DePINs). What Happened: The NaaS product allows individual users to set up and manage their own...

Tom Trowbridge, Co-Founder of Fluence, a decentralized compute platform, emphasized the critical role of building resilient networks for a secure and robust future of decentralized computing, highlighting why these are essential for the future of cloud computing. In an interview with Benzinga, he...

Decentralized crypto exchange PancakeSwap (CRYPTO: CAKE) on Friday revealed plans to distribute 2,452,128 ZK tokens to its community through an airdrop. The announcement comes as the platform celebrates milestones on the ZKsync network (CRYPTO: ZK). At current prices, the value of the airdrop is $...

The Core Foundation, known for its Bitcoin-powered layer-one blockchain, Core, on Friday announced the launch of the world’s first yield-bearing CORE ETP on the Spotlight Stock Exchange. This initiative is being spearheaded by Valour, a subsidiary of DeFi Technologies. The new Valour CORE...

Ben Goertzel, CEO of SingularityNET on Tuesday shed light on the promising use cases for AI and blockchain technology in the near future, asserting that the most significant impact will be felt on finance, healthcare and entertainment sectors. In an interview with Benzinga, Goertzel emphasized the...

In the early hours of Asian trading, Curve's (CRYPTO: CRV) token experienced a 30% drop, spurred by the automatic liquidation of some loan positions linked to the protocol’s founder, Michael Egorov. What Happened: This liquidation triggered a wave of selling activity, significantly impacting...

LightLink, an Ethereum Layer-2 blockchain focused on enabling instant, gasless transactions for dApps and enterprises, announced on Wednesday the integration of its Hummingbird client with Celestia‘s (CRYPTO: TIA) Mainnet. This integration aims to significantly improve scalability and further...

Coinbase (NASDAQ:COIN) on Wednesday announced the launch of its highly anticipated smart wallets, aiming to revolutionize the user experience for crypto newcomers. What Happened: This new feature promises to address longstanding pain points within the crypto space, specifically complex onboarding...

The Commodity Futures Trading Commission's Kristin Johnson proposed recommendations such as heightened penalties to address artificial intelligence in financial markets, including decentralized finance. In a speech delivered at the Sidley Austin and Rutgers Law School Fintech and...

Decentralized social platform Friend.Tech made a splash on Friday with the launch of its highly anticipated version 2 and the airdrop of its native token. What Happened: However, the initial excitement was quickly tempered by a dramatic price crash and technical issues plaguing the airdrop process...

Waterfall Network, a scalable blockchain platform, has launched a new desktop application for Windows and macOS, making participation in the ecosystem accessible to a wider audience. What Happened: Sergii Grybniak, CTO of Blue Wave and Head of Research at Waterfall said the application facilitates...

A landmark trial is set to begin this week in a case that could redefine the legal boundaries of decentralized finance. What Happened: Crypto trader Avi Eisenberg faces charges of fraud and manipulation stemming from his actions in October 2022. A diverse 15-person jury, featuring a mix of...