Cryptocurrency Market

  • Market Cap: $2,410,454,655,501.39
  • 24h Vol: $53,106,111,838.43
  • BTC Dominance: 56.58%

decentralized finance

sec-charges-defi-platform-rari-capital-and-founders

SEC Charges Defi Platform Rari Capital and Founders

The U.S. Securities and Exchange Commission (SEC) has announced charges against decentralized finance (defi) platform Rari Capital and its co-founders for misleading investors and operating as unregistered brokers. The settlement involves penalties, injunctions, and bars against the individuals involved, with violations stemming from unregistered securities offerings and deceptive practices. SEC Charges Defi Platform Rari Capital […]

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liquid-staking-absorbs-400,000-eth,-closing-in-on-14m-mark

Liquid Staking Absorbs 400,000 ETH, Closing in on 14M Mark

According to the latest figures, over the past 38 days, starting from Aug. 10, 2024, the total value locked in decentralized finance (defi) protocols has slipped by $5.07 billion. Despite this decrease, ethereum continues to pour into liquid staking derivative (LSD) platforms, with 29 distinct LSDs pulling in nearly $1 billion worth of ether during

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bitcoin-l2-bob-launches-‘one-click’-btc-staking-solution

Bitcoin L2 BOB Launches ‘One-Click’ BTC Staking Solution

BOB (Build on Bitcoin), a hybrid layer two (L2) solution integrating Bitcoin and Ethereum, has launched BOB Stake, a new one-click bitcoin staking product. The platform allows users to stake bitcoin (BTC) and utilize Liquid Staking Tokens (LSTs) across decentralized finance (defi) applications. BOB Introduces One-Click Bitcoin Staking Portal and SDK According to the announcement

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bitcoin’s-role-in-defi-evolves:-cmc-research-and-footprint-analytics-report

Bitcoin’s Role in Defi Evolves: CMC Research and Footprint Analytics Report

Coinmarketcap (CMC) Research and Footprint Analytics have released a thorough report exploring the swift expansion of decentralized finance (defi) on the Bitcoin blockchain. The report delves into Bitcoin’s evolving role, driven by innovations that are redefining its potential within the defi space. Bitcoin’s Defi Ecosystem Grows: $1.07 Billion Locked According to the findings from the

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coinbase-launches-wrapped-bitcoin-for-ethereum-and-base-networks

Coinbase Launches Wrapped Bitcoin for Ethereum and Base Networks

Coinbase has unveiled Coinbase Wrapped Bitcoin (cbBTC), giving users a gateway to decentralized finance (defi) apps on Ethereum and Base, using bitcoin (BTC). The cbBTC token is essentially a wrapped version of bitcoin, fully backed by BTC held in Coinbase’s custody. Coinbase Wrapped Bitcoin Opens New Defi Opportunities According to the San Francisco-based crypto exchange,

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ramp-network-expands-crypto-services-to-all-50-us-states

Ramp Network Expands Crypto Services to All 50 US States

Ramp Network, a fintech company, has extended its cryptocurrency purchasing services to encompass all 50 U.S. states, including the District of Columbia. This growth, Ramp explained on Tuesday, broadens its user base by adding support for 17 more states, making it easier for users to buy and sell digital currencies. Ramp Network Covers 50 States,

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86-million-tokens-set-for-distribution-in-eigenlayer’s-season-2-stakedrop

86 Million Tokens Set for Distribution in Eigenlayer’s Season 2 Stakedrop

The Eigen Foundation has launched its Season 2 stakedrop, offering EIGEN tokens to stakers, ecosystem partners, and community members who contributed to the Eigenlayer network. Token claims will open on or before September 17, 2024, with rewards based on participation in staking, contributions to the ecosystem, and early support for the project. Eigen Foundation Announces

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spreading-usd-pegged-stablecoins—trump-backed-defi-project-reveals-‘transformative’-plans

Spreading USD-Pegged Stablecoins—Trump-Backed Defi Project Reveals ‘Transformative’ Plans

Over the past few weeks, there’s been a buzz of intrigue and speculation around World Liberty Financial, a decentralized finance (defi) project led by Eric Trump and Donald Trump Jr. After facing some rumors and critiques, the project’s X account finally released fresh details about its mission, aiming to clear the air. World Liberty Financial

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cftc-fines-uniswap-labs-$175,000-for-violating-commodity-exchange-act

CFTC Fines Uniswap Labs $175,000 for Violating Commodity Exchange Act

The Commodity Futures Trading Commission (CFTC) has fined Universal Navigation Inc., operating as Uniswap Labs, $175,000 for illegal trading practices. The decentralized finance (defi) protocol operator was found in violation of the Commodity Exchange Act (CEA) for offering leveraged retail commodity transactions without proper registration. Uniswap Labs, the company behind a popular decentralized digital asset

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ethereum-still-holds-the-lion’s-share-of-defi-tvl-as-tron-and-solana-rise

Ethereum Still Holds the Lion’s Share of Defi TVL as Tron and Solana Rise

Currently, the total value locked (TVL) in decentralized finance (defi) stands at $82.2 billion, with Ethereum hosting a commanding 57.24% of that amount. Hot on its heels, Tron and Solana take the second and third spots for the largest TVLs today. Ethereum Reigns Supreme in Defi With 57% of Total Value Locked Despite ethereum (ETH)

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