LiFi integrates with Solana to enhance dApp cross-chain interactions cryptoslate.com 07 August 2024 13:54, UTC DeFi protocol Li.Fi has announced its expansion into the Solana ecosystem, aiming to enhance user experience across decentralized applications (dApps) by facilitating cross-chain interactions, according to an Aug. 7 statement shared with CryptoSlate. Phillip Zentner, the CEO and Founder…
Synthetix Founder Appears to Have Sent Portion of Company Funds to Beleaguered Ex-Treasurer: EmberCN coindesk.com 07 August 2024 12:05, UTC Synthetix’s former treasurer claimed they “had nothing left” after being liquidated as crypto markets plunged over the weekend. The company’s founder unlocked $6.5 million from the derivatives liquidity protocol’s treasury and sent $86,000 to…
Preparing for DeFi Regulation: The Role of Portable KYC coindesk.com 07 August 2024 18:05, UTC The global cryptocurrency regulatory landscape has evolved rapidly over the past few years, and this swift pace of regulatory rulemaking is unlikely to slow down anytime soon. Lawmakers are increasingly shifting their focus from centralized cryptocurrency exchanges to decentralized…
Jito Surpasses Lido To Secure 1st Spot As Leading Fees Generating Protocol coingape.com 29 July 2024 17:20, UTC The decentralized liquid staking platform Jito (JTO) has recently marked a monumental stride by securing the first spot among leading fee-generating protocols across all blockchains. Notably, the Solana-backed platform overtook Lido (LDO) in 24-hour fee generation…
MantaCeDeFi Users Can Now Earn Fuel Points with Fuel Network Collaboration blockchainreporter.net 29 July 2024 17:29, UTC MantaCeDeFi has announced a new collaboration with Fuel Network, allowing its users to participate in the Fuel Points Program by depositing mETH and mUSD. This partnership is set to unlock more DeFi opportunities for MantaCeDeFi users through…
COMP Down 6.7% after Supposed 'Governance Attack' on Compound DAO coindesk.com 29 July 2024 04:53, UTC A group called the ‘Golden Boys’ has pushed through a proposal, after three prior attempts, to direct $24 million in COMP token to a yield-bearing protocol called goldCOMP which would give passive income to COMP token holders. Wintermute…
One Crypto Sector Witnessing ‘Most Mispriced Moment’ Since 2020, Says Venture Capitalist Arthur Cheong dailyhodl.com 29 July 2024 07:19, UTC Veteran crypto investor Arthur Cheong believes one digital asset sector is offering long-term holders a golden opportunity. Cheong, the founder of DeFiance Capital, tells his 171,700 followers on the social media platform X that…
