Sui has officially launched the Hashi testnet, a new primitive designed to enable Bitcoin-collateralized lending on its blockchain. Announced via the project’s …
DeFi
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Markets
Sky Protocol Revenue Nears $419M Annualized As USDS Demand Supports DeFi Income
by shayaanby shayaanSky Protocol’s annualized gross revenue has climbed close to $419 million, according to its governance status dashboard, giving DeFi investors another reason …
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Crypto venture funding has reached $1.2 billion in July even as DeFi investment has fallen to its lowest quarterly level since late …
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DeFi
SEC’s Peirce warns some DeFi vaults, onchain lending may fall under securities laws
by shayaanby shayaanThe U.S. Securities and Exchange Commission (SEC) has signaled that one of decentralized finance’s fast-growing sectors could face greater regulatory scrutiny. In …
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There is a quiet but persistent problem in crypto and DeFi research: some of the most rigorous work being done — on …
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Aave has reported that its V4 is nearing a substantial milestone of $300 million in deposits, as announced in a recent tweet. …
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Pendle has announced its collaboration with Aave for PT Looping, stating that the process is now just a mouse-click and seconds away. …
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A significant amount of the liquidity that users contribute to decentralized exchanges isn’t really being used to speed up trades, according to …
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DeFi
Plasma One Packs Stablecoin Spending, DeFi Yield and XPL Rewards Into a Single Account
by shayaanby shayaanThe boundaries between a crypto card and a DeFi yield aggregator are dissolving. Plasma One has introduced a stablecoin account that marries …
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Every day, billions are traded through decentralized exchanges, with the latest figures from DefiLlama showing the DEX volume has reached about $5 …