Category: DeFi

  • Coinbase’s CbBTC Token: Reshaping Bitcoin In DeFi

    Image: cryptonews CoinbaseLeading cryptocurrency exchange Tron has recently sparked speculation about the potential launch of its own Bitcoin, dubbed “cbBTC.” The move comes amid ongoing discussions and concerns over the management of the popular cryptocurrency Wrapped Bitcoin (WBTC), which has been embroiled in controversy due to the involvement of Tron…

  • Is investing in classic stocks always safer than defi? Not exactly

    Disclosure: The opinions and ideas expressed here belong solely to the author and do not represent the opinions and views of the crypto.news editorial board. In 2011, a 9.1-magnitude earthquake struck the seabed off Japan, triggering a devastating tsunami. In the days that followed, Japan’s Nikkei stock index fell. He…

  • Is investing in classic stocks always safer than defi? Not exactly

    Disclosure: The opinions and ideas expressed here belong solely to the author and do not represent the opinions and views of the crypto.news editorial board. In 2011, a 9.1-magnitude earthquake struck the seabed off Japan, triggering a devastating tsunami. In the days that followed, Japan’s Nikkei stock index fell. He…

  • Blockchain developer to fork BRC-20 to bring defi to Bitcoin

    A blockchain developer is set to fork the BRC-20 token standard to bring decentralized finance capabilities to the Bitcoin network. A blockchain developer under the pseudonym Mikael.btc, known as the creator of the BRC-100 token standard, wants to fork BRC-20 in an attempt to roll out a new protocol designed…

  • Blockchain developer to fork BRC-20 to bring defi to Bitcoin

    A blockchain developer is set to fork the BRC-20 token standard to bring decentralized finance capabilities to the Bitcoin network. A blockchain developer under the pseudonym Mikael.btc, known as the creator of the BRC-100 token standard, wants to fork BRC-20 in an attempt to roll out a new protocol designed…

  • Coinbase To Launch ‘One-Stop’ App For Managing Crypto, NFTs, And DeFi Positions

    In the rapidly evolving world of decentralized finance (DeFi), cryptocurrencies, and non-fungible tokens (NFTs), investors and enthusiasts often struggle to maintain a comprehensive view of their digital assets. The need for a unified platform to track and manage one’s entire portfolio on-chain has become increasingly apparent. Recognizing this demand, CoinbaseLeading…

  • These Are The Smartest Ways to Make Money in DeFi: IntoTheBlock Report

    Cryptocurrency market information provider IntoTheBlock published a report on Thursday comparing the best risk-adjusted ways to earn returns in the world of decentralized finance (DeFi). Despite the “almost infinite number of configurable strategies,” the company claims that the best option is to stick with “straightforward strategies,” which are ultimately limited…

  • These Are The Smartest Ways to Make Money in DeFi: IntoTheBlock Report

    Cryptocurrency market information provider IntoTheBlock published a report on Thursday comparing the best risk-adjusted ways to earn returns in the world of decentralized finance (DeFi). Despite the “almost infinite number of configurable strategies,” the company claims that the best option is to stick with “straightforward strategies,” which are ultimately limited…

  • L1 Blockchains and DeFi Protocols Dominate Crypto Fee Generation

    Ethereum generated the most fees among the top twenty protocols over the past 30 days at nearly $180 million, according to new data from Token Terminal. On June 17, the cryptocurrency analytics platform reported that Ethereum was well ahead of other blockchains, which were dominated by layer 1 chains and…

  • DeFi Lender UwU Hacked for Nearly $20M in Fresh Exploit

    UwU Lend, a decentralized lending platform, has become the latest victim of a malicious hack. According to blockchain security company, Arkham, the lending protocol has seen $19.3 million stolen by bad actors. although Cause of hacking His identity has not yet been determined, and some users claim that the project…

  • DeFi Loans Surging To Record 11 Billion And What Does It Means For Market

    The decentralized finance (DeFi) scene has been on the rise recently, with the total value locked (TVL) in DeFi loans reaching $11 billion, the highest level in two years. This explosive growth has been driven by a myriad of factors, including the relentless pursuit of higher returns, the evolving strategies…

  • $18 Million Ethereum Withdrawal Triggers DeFi Frenzy

    The Ethereum (ETH) market is buzzing with activity after a whale (an investor with large holdings) caused a sensation by withdrawing $18 million worth of ETH from Binance, a leading cryptocurrency exchange. The move, which was meticulously tracked by blockchain analysis platform Lookonchain, sent positive vibes across the cryptocurrency community,…

  • Botanix Labs Secures $11.5 Million Funding to Develop Bitcoin-Native DeFi Ecosystem

    Botanix LaboratoriesA New York-based Bitcoin development startup founded at Harvard University announced a major funding of $11.5 million in a press release sent to Bitcoin Magazine. This funding round, led by notable investors including UTXO Management, Polychain Capital, Placeholder Capital, Valor Equity Partners, ABCDE, Andrew Kang, Dan Held, Dovi Wan,…