Bitcoin-backed Synthetic Dollar Launches with 25% Yield
Hermetica Labs has made an exciting announcement in the world of decentralized finance (DeFi). They are launching the first-ever Bitcoin-backed synthetic United States dollar with...
Crypto Hacks Plummet 67%, Bitcoin DeFi Gains Momentum: Finance Redefined
Welcome to Finance Redefined, a newsletter that provides important insights into decentralized finance (DeFi). This week, we have some significant developments to share with you....
Record High Stacks Active Accounts Driven by Bitcoin DeFi Interest
Leading Bitcoin layer-2 (L2) network Stacks has experienced a surge in active users, indicating a growing interest in Bitcoin-native decentralized finance (DeFi). In April, Stacks...
LayerZero Airdrop Snapshot: Successful Completion of Cross-Chain Interoperability Protocol
LayerZero, a protocol that enables interoperability between different blockchains, is getting ready to launch its highly anticipated airdrop for users. The first snapshot for the...
Millions ‘Stuck’ in Bridge Contracts: Coinbase and Vitalik Buterin’s Wallets
Several prominent crypto individuals and entities are facing a problem with their crypto whale wallets, as their assets are stuck in decentralized finance (DeFi) bridge...
ETH Restaking Boosts DeFi TVL to $100B while Solana Tackles Network Congestion: Finance Redefined
Welcome to Finance Redefined, a weekly newsletter that provides essential insights into decentralized finance (DeFi). This newsletter aims to bring you the most important developments...
Binance Labs Embraces Bitcoin DeFi Investments
Binance Labs, the venture capital division of the largest cryptocurrency exchange, has made an investment in BounceBit, a protocol that combines centralized finance (CeFi) and...
Fantom CEO Stands Firm on Solana Amid Network Issues
Andre Cronje, the creator of Fantom, has expressed his support for the Solana network in light of recent transaction failures. Cronje is considered a prominent...
XRPL Blockchain Joins Cross-Chain DeFi with Ripple’s RippleNet
Ripple has launched a new automated market maker (AMM) protocol called XLS-30. Developed in partnership with the XRPL community, this AMM is expected to enhance...
Less Chance of Ether ETF: Insights from Recharge Capital Founder
The approval of an Ether exchange-traded fund (ETF) in the United States is uncertain, according to John Lo, the founder of Recharge Capital. Lo believes...