DeFi & Ethereum News

2024-02-23 17:28:08 Uniswap rolls out 'uni.eth' subdomains using ENS infrastructure

Uniswap has rolled 'uni.eth' subdomains using the Ethereum Name Service infrastructure to let users convert complex hexadecimal Ethereum addresses into human-readable names. Users can claim their uni.eth subdomain through the Uniswap mobile app, which offers one subdomain free of charge. Changing names is designed to be gasless via an off-chain resolver contract.

Source

https://t.me/DeFi_Ethereum Open / Comment

2024-02-23 11:40:17 Decentralized Money Market Protocol Aave Joins BNB Chain’s Defi Landscape

On Feb. 22, 2024, the primary development group of the BNB Chain revealed that the decentralized finance (defi) money market protocol, Aave, has been successfully launched on the BNB network. Boasting a total value locked (TVL) of $8.571 billion, Aave is now active across 13 blockchains in total.

Source

https://t.me/DeFi_Ethereum Open / Comment

2024-02-22 20:35:32 DeFi Startup Euler Finance Bounces Back with Revamped Lending Vaults

Decentralized-finance (DeFi) lending protocol Euler Finance has bounced back from last year’s $200 million exploit with a more flexible version of its cryptocurrency vault-enabled lending platform: Euler v2. Like the first version of the protocol, Euler v2 allows users, in a non-custodial fashion, to deposit assets for lending, and other users to deposit collateral, take out loans and pay interest to the lenders.

Source

https://t.me/DeFi_Ethereum Open / Comment

2024-02-22 12:10:17 XDFi, World’s First Compliant Decentralized Futures Protocol, to Launch on Flare Network

Flare, the blockchain for data, has announced a partnership with Sindric Solutions to launch XDFi, a new decentralized futures protocol created by Wall Street veterans. XDFi aims to raise industry standards for compliance and efficiency, delivering a trustless, non-custodial futures contract purchasing environment that operates 24/7. With regulatory uncertainty still an impediment to larger-scale institutional investment in DeFi, XDFi represents a welcome proposition for major investors.

Source

https://t.me/DeFi_Ethereum Open / Comment

2024-02-21 18:50:24 DeFi Devs get real-time Bitcoin ETF data with Pyth Network

Pyth Network introduces Bitcoin ETF price feeds to allow DeFi developers access to real-time market data, bridging the gap between traditional finance and decentralized finance. Pyth Network, a provider of real-time market data for blockchain applications, announced on Feb. 20 the launch of price feeds for 13 Bitcoin exchange-traded funds (ETFs), making accurate price data of Bitcoin ETFs readily available to developers building decentralized finance (DeFi) protocols.

Source

https://t.me/DeFi_Ethereum Open / Comment

2024-02-20 21:05:32 DeFi Platform Earning Yield by Shorting Ether Attracts $300M

Decentralized finance platform Ethena has attracted massive inflows since going live amid some criticism around the model it uses to generate an annualized 27% yield to holders of its USDe tokens. It had operated as a beta platform so far, available only to a closed group. More than $287 million of USDe had been minted as of Tuesday morning, with over $50 million of that coming after the platform went live to the public on Monday.

Source

https://t.me/DeFi_Ethereum Open / Comment

2024-02-20 09:15:12 Sui Surmounts Cardano, Aptos in TVL as DeFi Spurt Escalates

The newcomer Sui (SUI) Layer-1 blockchain is making waves in the decentralized finance field with a huge tide of inflows since the beginning of 2024. On New Year’s Day, SUI’s total value locked (TVL) was capped at $211 million. In a month and a half, the capital locked on SUI’s DeFi ecosystem nearly tripled, scorching past $600 million at the time of this publication.

Source

https://t.me/DeFi_Ethereum Open / Comment

2024-02-11 10:01:07 Bitcoin Halving Report from Grayscale, the World’s Largest Digital Asset Manager: “This Time It Will Be Different”

Grayscale, the world's largest digital asset manager, has published a report suggesting that the Bitcoin halving event, which will take place in April 2024, could be fundamentally different from previous ones due to significant on-chain activity and positive market structure updates. Faced with decreasing block reward revenue and high production costs, miners prepared by raising funds through equity/debt issuance and reserve sales.

Source

https://t.me/DeFi_Ethereum Open / Comment

2024-02-10 23:51:52 JUST IN: The top 5 new spot Bitcoin ETFs now own a combined 195,862 $BTC worth over $9.3 BILLION

This is already more than the 190,000 $BTC Microstrategy holds.

@ChartsSignalsTrading Open / Comment

2024-02-10 22:42:02 UK’s Planned Stablecoin Rules Need Reworking, Crypto Advocates Say

Crypto industry groups in the U.K. say local regulators’ proposals for supervising stablecoins need reworking. In November, the Bank of England (BoE) and Financial Conduct Authority (FCA) published discussion papers on their plans for regulating crypto pegged to the value of fiat currencies or other steady assets. The industry’s responses to the consultation reveal crypto advocates have mixed feelings about the proposals.

Source

https://t.me/DeFi_Ethereum Open / Comment