Ondo Finance and Pyth Network Partner to Unlock Assets Across 65+ Blockchain Ecosystems blockster.com + 1 more 10 July 2024 19:53, UTC In a groundbreaking collaboration aimed at revolutionizing decentralized finance (DeFi), Ondo Finance and Pyth Network have teamed up to launch the USDY/USD price feed across more than 65 blockchain ecosystems. — This…
The dYdX Foundation sees lightning progress and community engagement finbold.com 11 July 2024 13:08, UTC The dYdX Foundation (DYDX), a decentralized finance (DeFi) protocol, has released its 2024 Semi-Annual Ecosystem Report, highlighting substantial advancements and user participation in the first half of the year, as per the latest updates shared with Finbold on July…
Usual Money Launches Usual USD on Public Mainnet; TVL Reaches $90M news.bitcoin.com 14 July 2024 18:17, UTC A project called Usual Money has officially unveiled its public mainnet, launching the usual usd (USD0) stablecoin. This initiative seeks to provide a decentralized alternative to traditional fiat-backed stablecoins. Usual Money Debuts USD0 Stablecoin and USD0++ Liquid…
Defi Giant Aave Rakes in $6M in Revenue as Crypto Market Plunges coindesk.com 05 August 2024 10:18, UTC $350 million worth of DeFi positions were liquidated during the market sell-off. Aave secured $6 million in revenue from processing on-chain liquidations. One $7.4 million WETH position was liquidated, providing Aave with $802,000 in revenue. The…
DeFi liquidations hit yearly high above $350 million in past 24 hours amid market turbulence theblock.co 05 August 2024 07:30, UTC theblock.co
Oracles Boost XRP Ledger DeFi: Band Protocol and DIA Deliver Reliable Data Feeds for Ripple crypto-news-flash.com 05 August 2024 03:57, UTC Oracles like Band Protocol and DIA are enhancing XRP Ledger’s DeFi capabilities. Ripple’s focus includes institutional adoption, interoperability, and launching a USD-backed stablecoin. Subsequent to the previous CNF update on Ripple President Highlights…
stabble Secures $2.5M to Enhance Solana’s Decentralized Trading and Liquidity Ecosystem blockster.com 05 August 2024 16:04, UTC Dubai — stabble, the pioneering Solana-based protocol designed to minimize financial losses and reduce operational costs, has successfully raised $2.5 million in a pre-seed, seed, and private funding round. — Leading the round is Masterblox, with additional…
