USDC gains ground in DeFi as competition with USDT intensifies: Keyrock report cryptobriefing.com 18 July 2024 16:07, UTC Tether USD (USDT) and USD Coin (USDC) are leading the stablecoin market, each carving out distinct niches in the crypto ecosystem, according to a recent Keyrock report. USDT maintains its dominance as a trading pair standard…
Yield strategies in DeFi: From staking to recursive lending cryptoslate.com 13 July 2024 09:49, UTC The following is a guest article from Vincent Maliepaard, Marketing Director at IntoTheBlock. Staking Staking is a fundamental yield generation strategy in DeFi. It involves locking a blockchain’s native tokens to secure the network and validate transactions, earning rewards…
Kana Labs’ Aptos DEX Aggregator Integrates with SK Telecom’s T Wallet blockchainreporter.net 15 July 2024 04:15, UTC Kana Labs’ Aptos DEX aggregator is now integrated with SK Telecom’s T Wallet. It marks a significant step in bridging Web2 and Web3. Kana Labs is a super-app designed for DeFi and GameFi. It aims to build…
Why Cross-Chain Bridges Fell Short and How ZK Rollups Could Redefine DeFi Interoperability blockchainreporter.net 15 July 2024 09:58, UTC Decentralized Finance (DeFi) in the early days operated within siloed blockchain ecosystems; it was impossible to transfer digital assets from one DApp ecosystem to another. However, with the advent of cross-chain infrastructures, DeFi natives are…
Top DeFi Projects with High TVL This Week blockchainreporter.net 15 July 2024 08:38, UTC The decentralized finance realm continues expressing resilient activity with many projects showing noteworthy Total Value Locked. In this respect, Lido, Aave V3, EigenLayer, MakkerDAO, and other such projects have reportedly made significant TVL during the past seven days. The statistics…
Uniswap Milestone: Over 725,000 Unique Tokens Swapped in 2024 crypto-news-flash.com 15 July 2024 09:19, UTC According to Dune Analytics data, Uniswap records its highest-ever number of unique tokens swapped in a year with 725k in 2024. Uniswap recorded 209k unique tokens swapped in 2023, 75k in 2022, and 41k in 2021. The biggest decentralized…
Crypto.com Launches $DYDX On-Chain Staking in App blockchainreporter.net 15 July 2024 14:33, UTC Crypto.com has introduced on-chain staking for $DYDX within its app. It allows users to engage directly with the dYdX Chain. This move aims to enhance user participation in decentralized finance (DeFi). It will enable them to stake $DYDX tokens and earn…
