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…
1inch Announces Wallet Update v1.26 with Enhanced Interface and Improved Scam Protection blockchainreporter.net 18 July 2024 09:26, UTC 1inch, a leading player in the decentralized finance (DeFi) space, has made significant strides in this direction with the latest update to its Android wallet. This new version, dubbed 1.26, not only refines the user interface…
Liquidium's $2.75M seed round aims to bring Aave-like experience to Bitcoin cryptoslate.com 18 July 2024 12:23, UTC Liquidium, a lending platform, has raised $2.75 million in a seed round to establish itself as a leading DeFi hub in the Bitcoin ecosystem. Investors in the round include Wise 3 Ventures, Portal Ventures, Asymmetric Capital, AGE…
Zivoe to Launch RWA Credit Protocol, Democratizing Access to Credit coinpaper.com 18 July 2024 12:18, UTC Real-World Asset (RWA) credit protocol Zivoe has announced that it will launch on July 31, 2024. The launch will be a major step in utilizing blockchain technology to democratize access to credit. It is also a major milestone…
