DeFi News

Spread the love

DeFi is Decentralized Finance, or financial applications in cryptocurrency and blockchain.  DeFi uses largely decentralized peer-to-peer protocols.  DeFi is a fastest-growing sector in the crypto industry.

Ethereum turns deflationary as validators exit and defi transactions drop 57% (11/28/2023) by admin

Ethereum’s supply turns deflationary amid a decrease in validator participation and declining NFT and defi transactions. The recent dynamics of Ethereum’s blockchain network signal a significant shift towards deflation, according to data from Glassnode. This is driven by a combination
Read more …


Prophecy DeFi Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023 (11/28/2023) by admin

Prophecy DeFi Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023 November 28, 2023 at 02:14 pm EST Prophecy DeFi Inc. reported earnings results for the third quarter and nine months ended September 30
Read more …


DeFi Technologies' Subsidiary Valour Inc. Announces Plans to Launch a Physical Backed ETP for the Internet Computer Protocol (ICP) Token in Collaboration with DFINITY Foundation (11/28/2023) by admin

Expansion of Physical Backed ETPs: DeFi Technologies’ subsidiary, Valour Inc., announces a new product offering launching a physical backed Exchange Traded Product (ETP) for the Internet Computer Protocol (ICP) token in collaboration with DFINITY Foundation. This comes on the heels
Read more …


Solana Token Pyth Pumps Following $77 Million Airdrop for DeFi Users – Decrypt (11/28/2023) by admin

The native token of DeFi oracle network Pyth has surged in price and is one of today’s leaders in the altcoin rally. The Solana-based Pyth (PYTH) token is up more than 10% in the past day and 35% over the
Read more …


Projeto DeFi fará airdrop de 100 milhões de tokens para carteiras Solana; veja se você está na lista | Portal do Bitcoin (11/28/2023) by admin

A plataforma de staking líquido Jito fornecerá 100 milhões de tokens à sua comunidade para criar uma governança coletiva (Imagem: Jito Foundation) Jito Network, um projeto DeFi baseado na blockchain da Solana, anunciou na segunda-feira (27) que lançará seu token
Read more …


Futures will be the best crypto game in town even after a Bitcoin spot ETF (11/28/2023) by Cointelegraph By Lucas Kiely

The Chicago Mercantile Exchange (CME) has long been the home of crypto for traditional finance investors, and this is unlikely to change — even with the approval of a Bitcoin spot ETF. Activity on the CME has expanded significantly over
Read more …


Coinbase warns customers about subpoena in apparent CFTC Bybit probe (11/28/2023) by Cointelegraph By Derek Andersen

Cryptocurrency exchange Bybit restricts use in the United States, although it may be possible to get around it. 760 Total views 19 Total shares Coinbase is warning that it has received a subpoena from the United States Commodity Futures Trading
Read more …


Why is Solana (SOL) price up this week? (11/28/2023) by Cointelegraph By Marcel Pechman

Solana’s native token (SOL) made significant gains of 5.5% on Nov. 28, trading at $58. This increase followed a retest of the $54 support level on Nov. 27. While some attribute SOL’s rise to the broader cryptocurrency market’s performance amid
Read more …


Future of business through the synthesis of blockchain technology, data and AI (11/28/2023) by Cointelegraph By Abhishek Singh

In the current period, blockchain technology is predominantly used for financial transactions. However, there are emerging trends that are redefining the application of blockchains with purposes like fraud detection, AML and supply chain management.  As emerging technologies take a big
Read more …


More foreign banks join China’s CBDC pilot trials (11/28/2023) by Cointelegraph By Zhiyuan Sun

A total of four foreign banks have integrated China’s e-CNY CBDC thus far. 1082 Total views 5 Total shares More foreign banks have joined China’s digital yuan central bank digital currency (CBDC), the e-CNY, following British bank Standard Chartered’s entry on
Read more …