DeFi TVL Soars 72% to $94 Billion This Year: Binance coingape.com 22 July 2024 13:50, UTC The DeFi space has recorded inflows in the first six months of the year with total value locked (TVL) soaring to $94.1 billion, a 72.8% increase. This growth is seen in almost all sectors of the digital asset…
DeSyn Protocol Partners with Babylon to Enhance Bitcoin Staking Yields blockchainreporter.net 22 July 2024 14:53, UTC DeSyn Protocol has announced a new collaboration with Babylon to enhance BTC staking yields. This collaboration will strengthen its ecosystem, and provide new opportunities for its users. Collaboration Announcement Excited to announce our collaboration with @babylon_chain to maximize…
InceptionLRT Advances Segment of Liquid Restaking on Ethereum (ETH) u.today 22 July 2024 13:38, UTC Novel DeFi protocol InceptionLRT attempts to set new standards for the sphere of liquid restaking. It melds the instruments of various staking and restaking applications under a single application interface and removes the need for switching between apps. InceptionLRT…
Pendle rebounds strongly after security breach, launches new liquidity pools on Arbitrum invezz.com 22 July 2024 13:21, UTC Pendle Finance, a prominent decentralized finance (DeFi) protocol specializing in yield trading solutions, is staging a strong recovery following a major security breach earlier this year. The incident, involving a malicious DNS redirect and domain hijack…
Decentralized Finance TVL Recovers to $100B After July Lows news.bitcoin.com 22 July 2024 18:23, UTC Between June 19 and July 19, within a 30-day period, the total value locked (TVL) in decentralized finance (defi) dropped below the $100 billion mark, hitting a low of $86.3 billion on July 7, 2024. Over the past three…
Sergey Nazarov Says World’s Largest Asset Managers and Banks Will Connect to DeFi Protocols Powered by Chainlink dailyhodl.com 22 July 2024 17:03, UTC Chainlink creator Sergey Nazarov says that the traditional finance (TradFi) world will be connected to decentralized finance (DeFi) via LINK. Nazarov says on the social media platform X that TradFi is…
What are the additional risks for Ethena Labs in July? cryptopolitan.com 22 July 2024 19:54, UTC Ethena Labs is still closely watched for potential contagion risks. The bull market is now helping the project, but the effect of USDe may spread to additional protocols. Ethena Labs is gaining support from the Ethereum (ETH) bull…
