131280
🔹 Daily DeFi & Ethereum News 🔹 Join also: @Metaverse_Defi_Nfts_Trading Contact for cooperations only: @ChengTF
💎Discover FlokiCat: Solana's GEM! 💎
🐾 FlokiCat ($FC) is surging! With a $665K market cap and a $1.07M ATH, this 21-day-old project is booming. 📈
🚀 Don’t miss out! If you missed Doge or Shiba's 3000x gains, FlokiCat could be your next big opportunity. Will you ride the wave to 1000x or more? 🚀
🔥 Burns at $200K & $500K—next at $5M! 🔥
💎 Fully doxxed team, regular voice calls, daily active chat.
🌍 800+ Telegram members and 511 token holders! 🌍
📢 Big News: FlokiCat's White Paper is live! 🚀 More than a meme coin, with real-world use cases.
🚀 Coming soon: FlokiCat on US billboards! 🇺🇸✨Marketing and Partnerships on the Way.
💡 Listings:
🔹 Bidget Wallet: Live!
🔹 Jupiter: This weekend!
🔹 CoinGecko: This weekend!
📈 Bullish chart!
🔗 Connect with FlokiCat:
⚫ Telegram: @FlokiCatOnSol
⚫ Twitter: @FlokiCatSol
⚫ Website: FlokiCat.org
Join their journey to Valhalla with 3000x potential! 🌟
🔗 Quickjoin Telegram: /channel/+j_8fn7l0O6thMTli
🚀 Invest in something big. FlokiCat to the moon! 🌙
#advertisement
⚪️ DeFi Giant Curve Roiled as Founder's Loans Get Liquidated; CRV Slides 30%
Lending protocol Curve's CRV token plunged Thursday as loans tied to company founder Michael Egorov automatically liquidated, leading to a burst of selling. Data tracked by blockchain analytics firms Lookonchain and Arkham show Egorov's addresses have taken out a cumulative loan of nearly $100 million worth of stablecoins, mostly crvUSD, against $140 million in CRV collateral.
Source
/channel/DeFi_Ethereum
🪙 Ethereum (ETH) Staking Surges $1.8 Billion as DeFi Investors Anticipate ETF Inflows
Ethereum price reached an Q2 2024 peak of $3,974 on May 27 after the US SEC approved spot ETH ETFs, however recent staking trends show that investors are anticipation more bullish action within the broader DeFi markets. Since the approval of Ethereum ETFs, ETH price action has been choppy, thanks to uncertain macro economic landscape. But looking under the hood, there has been a positive shift in ETH 2.0 Beacon Chain staking activities.
Source
/channel/DeFi_Ethereum
🍰 PancakeSwap integrates Zyfi for gas-free DeFi trading
PancakeSwap has enhanced its user experience by introducing gas-free transactions through its recent integration with Zyfi on zkSync Era. Following the integration, users of the decentralized exchange (DEX) will be able to benefit from gasless transactions on certain token pairs that will get transaction fees sponsored by PancakeSwap, zkSync or other decentralized finance (DeFi) protocols.
Source
/channel/DeFi_Ethereum
💰 DeFi Technologies to stake $100 million in BTC on Core Chain
DeFi Technologies, a publicly listed Canadian fintech firm, is set to stake over $100 million worth of BTC on Core Chain. According to the company’s June 11 announcement, 1,498 BTC will be staked on the network. The company also revealed that it has set up a Core Chain validator node, which allows it to operate as an independent validator on the network.
Source
/channel/DeFi_Ethereum
🚨 Defi Protocol UwU Lend Suffers $19.3M Exploit: Arkham
Lending and liquidity protocol UwU Lend has suffered an exploit worth $19.3 million, according to several blockchain security firms including Arkham. On-chain data shows that one wallet managed to siphon a collection of tokens including wrapped ether (WETH), wrapped bitcoin (WBTC) and stablecoins before trading the the majority of it out on Uniswap.
Source
/channel/DeFi_Ethereum
📊 2-year high: Nearly $200 billion cryptocurrencies invested in DeFi
The Decentralized Finance (DeFi) sector has witnessed a significant influx of capital, with numerous cryptocurrencies experiencing price increases as investors lock up value in various Web3 protocols. According to a report by blockchain analytics firm DappRadar, the total value locked (TVL) in DeFi applications soared to $192 billion in May, marking the highest level since February 2022.
Source
/channel/DeFi_Ethereum
📣 IOTA Kickstarts EVM Targeting DeFi, Real World Assets
Blockchain network IOTA has started its layer 2 Ethereum Virtual Machine (EVM) network with a focus on real-world asset usage, the developers shared with CoinDesk over email. Tuesday's launch introduced functionality such as smart contracts, cross-chain capabilities, parallel processing and security against Maximal Extractable Value (MEV) into the IOTA ecosystem, boosting the fundamentals of the IOTA token.
Source
/channel/DeFi_Ethereum
📣 IOTA debuts layer-2 solution to bridge defi with real-world assets
The IOTA Foundation has announced the launch of IOTA EVM, a layer-2 solution for the network designed to enable smart contracts functionality to expand the ecosystem’s capabilities in the decentralized finance (defi) space. IOTA Foundation revealed that blockchain developers can now deploy Solidity-based smart contracts on the IOTA network, a move aimed at bridging the gap between the IOTA and Ethereum ecosystems, enhancing IOTA’s capabilities.
Source
/channel/DeFi_Ethereum
🪙 Uniswap Foundation postpones vote on incentives
The Uniswap Foundation — the organization overseeing the decentralized exchange Uniswap — has postponed May 31’s highly anticipated vote on UNI staking and delegation rewards. The foundation announced on X that it postponed the vote due to a concern raised by a stakeholder. This prompted a more thorough review and examination of the proposal, leading to a delay in the decision-making process.
Source
/channel/DeFi_Ethereum
💰 Metaplex & Mutant Labs Launch DeFi Framework on Solana
Metaplex Foundation has introduced MPL-404, a framework and on-chain protocol focused on hybrid decentralized finance (DeFi). This initiative establishes “SPL-404 ” created by Mutant Labs within the Metaplex Program Library. The collaboration improves the integration of tradeable and non-tradeable commodities within the Solana ecosystem.
Source
/channel/DeFi_Ethereum
📣 Radix's New $10 Million Ecosystem Fund Is Paving the Way for DeFi's Mass Adoption
DeFi to truly go mainstream, it needs to offer attractive yields – but more so it needs to provide intuitive experiences, robust security and compelling use cases. Reality, though, has often fallen short of that dream. Unsustainable yields and speculative tokens have drawn criticism that some projects are more focused on enriching insiders than building lasting value.
Source
/channel/DeFi_Ethereum
📣 Citi-backed crypto unicorn Talos acquires DeFi platform Skolem
Talos, a crypto trading software provider and unicorn backed by heavyweights including Citibank and Andreessen Horowitz (a16z), has acquired Skolem, which offers a DeFi-access platform. The size of the deal and other terms weren't disclosed, but Talos said Skolem would help expand its on-chain capabilities and connect its institutional clients to additional decentralized finance or DeFi services.
Source
/channel/DeFi_Ethereum
🔵 Aave to Launch Own Blockchain After V4 Upgrade
Aave is looking to launch its own blockchain, dubbed Aave Network, after its forthcoming V4 upgrade. Given the lending protocol’s $13 billion in total value locked (TVL), the proposed network could potentially become one of the largest Layer 2 solutions in DeFi. Yesterday, following speculation from Aave DAO members on social media, Aave CEO Stani Kulechov posted, “This is not a drill, Aave Network is planned to come after V4.”
Source
/channel/DeFi_Ethereum
🪙 Uniswap v4 Prepares for Launch: Pioneering Next-Level Security in DeFi
In a significant development for the decentralized finance (DeFi) sector, Uniswap Foundation has outlined its roadmap for the launch of Uniswap v4, the latest upgrade to one of the most widely used decentralized exchanges (DEXs) on Ethereum. As part of its commitment to security and reliability, the foundation has announced a comprehensive audit strategy involving some of the top firms in blockchain security. This proactive approach aims to fortify Uniswap v4 against potential vulnerabilities and set a new benchmark in DEX security.
Source
/channel/DeFi_Ethereum
⚪️ DeFi Heavyweight Curve Focused on Becoming ‘Safest’ Lending Platform, Founder Says
The exploit of UwU Lend on Monday put in motion a series of events that led to Thursday’s multimillion liquidations on DeFi lending giant Curve, representatives for its founder Michael Egorov told CoinDesk over Telegram messages on Friday. Egorov’s $100 million in loans taken from various protocols using Curve’s CRV tokens started to automatically liquidate on Thursday, sending the token down as much as 30% before it briefly recovered.
Source
/channel/DeFi_Ethereum
📣 Memereum Stands Out In The Rapidly Evolving World of DeFi
Memereum, a DeFi project revolutionizing the world of DeFi with its groundbreaking approach to trading, is launching a decentralized exchange (DEX). The DEX, known as MemeswapBETA, is set to redefine how users interact with and secure their digital assets by offering a unique combination of security and user control. It offers an insurance mechanism that ensures that assets are protected from any risks.
Source
/channel/DeFi_Ethereum
💰 DeFi Technologies to Launch Validator Node and Stake $100M in BTC
Toronto-based digital asset company DeFi Technologies is set to launch a validator node on Core Chain and stake nearly $100 million in Bitcoin (BTC). Through its subsidiary Valour, DeFi Technologies will not only validate transactions but also receive staking rewards for its participation, the firm said in a Tuesday press release. “This approach offers our investors unique exposure to yield and growth within the digital asset space.”.
Source
/channel/DeFi_Ethereum
📣 Jellyverse launches DeFi 3.0 tools on Sei
Jellyverse, the DeFi platform that serves as Balancer’s exclusive partner on the Sei blockchain, has launched a new decentralized exchange (DEX) as it targets further growth within the DeFi space. The Jellyverse team revealed the new ecosystem via a press release shared with Crypto.news on Monday. Announced features include a DEX protocol called JellySwap; staking solution JellyStake and a synthetics protocol dubbed ‘jAssets’.
Source
/channel/DeFi_Ethereum
🪙 Uniswap Labs hires ex-Coinbase executive as chief legal officer
Uniswap Labs has hired ex-Coinbase legal executive Katherine Minarik as its new chief legal officer as the company is likely to face a legal battle with federal regulators in the U.S. The new CLO assumed the top legal post at the startup behind Uniswap on Monday, according to her post on X. Her appointment comes just two months after the Securities and Exchange Commission signaled it may take legal action against Uniswap Labs for allegedly violating federal securities laws.
Source
/channel/DeFi_Ethereum
📊 DeFi Total Value Locked Blasts Off to $192,000,000, Records Best Performance in 15 Months: DappRadar
New data from market intelligence firm DappRadar reveals that the total value locked (TVL) within the decentralized finance (DeFi) sector has skyrocketed to the highest level in 15 months. In a new blog post, DappRadar notes that DeFi’s TVL has reached $192 billion, a 17% rise from the previous month and the best it has registered since February 2022. TVL refers to the amount of capital deposited within a protocol’s smart contracts and is often used to gauge the health of a crypto ecosystem.
Source
/channel/DeFi_Ethereum
🍣 DeFi and Bitcoin Merge with SushiSwap Rootstock Integration
SushiSwap, a decentralized exchange platform, has integrated with Rootstock, marking a significant milestone in decentralized finance (DeFi). This collaboration allows SushiSwap to expand its reach into the Bitcoin ecosystem, offering users advanced trading functionalities in a secure and decentralized environment. Rootstock, the first Ethereum Virtual Machine (EVM)-compatible Bitcoin sidechain, offers essential features.
Source
/channel/DeFi_Ethereum
💰 Solana rally continues on memecoin activity and DeFi; ether implied volatility outpace bitcoin's
Solana's continued price rise recently remains propelled by memecoin trading on its network, according to the founder of a decentralized exhange. "Memecoins have certainly become a significant driver of activity on Solana. Beyond speculation, this showcases Solana’s ability to handle high transaction volumes with low fees, making it the perfect environment for retail users." Frizza told The Block.
Source
/channel/DeFi_Ethereum
🪙 Uniswap Vote Delay Shows DeFi Stakeholders Aren't All in It Together
Uniswap Foundation announced it was delaying a key vote on whether to upgrade the protocol’s governance structure and fee mechanism to better reward holders of the UNI governance token. The nonprofit cited concerns from a “stakeholder,” thought to have been an equity investor in the organization behind the largest Ethereum-based decentralized exchange.
Source
/channel/DeFi_Ethereum
🪙 Chainlink Partnership With Circle Enhances Defi Ecosystem
The world of decentralized finance (DeFi) has received a significant boost. Chainlink, the leading decentralized oracle network, is redefining the industry by joining hands with Circle, the global fintech giant behind USDC and EURC, the popular stablecoins. This collaboration intends to unlock the true potential of stablecoins for enterprise institutions and create a more secure and robust DeFi ecosystem.
Source
/channel/DeFi_Ethereum
🪙 Uniswap Foundation delays vote for token staking and delegation rewards, UNI falls 8.7%
The Uniswap Foundation, the organization overseeing the decentralized exchange Uniswap, delayed the vote for staking and delegation rewards slated for Friday. The postponement was due to a "stakeholder" discussing concerns with the Foundation that prompted more attention. UNI's price fell following the announcement.
Source
/channel/DeFi_Ethereum
📣 Ethereum DeFi Projects Still Favorite Target for Hackers, But Stolen Funds Down 28% in May: Immunefi
Hackers were unsuccessful in exploiting any major centralized entity in May, while DeFi protocols witnessed a downtick in losses occurring from hacks and frauds, according to a report from bug bounty platform Immunefi. $52.4 million was stolen from DeFi investors in May due to hacks and frauds. This represents a 12% decrease in the amount lost from the same period in the prior year. Moreover, it is a sharp decline of 28% from April this year.
Source
/channel/DeFi_Ethereum
🪙 Uniswap vote on ‘fee switch’ sends token up 20%
Uniswap DAO members will on Friday begin voting on a proposal that brings the cooperative one step closer to turning on the so-called “fee switch.” For years, proponents have argued turning on the fee switch would be a boon for investors of Uniswap’s governance token, UNI, by creating a way for them to share in Uniswap’s success. Uniswap has collected more than $3.6 billion in fees since its launch almost five years ago.
Source
/channel/DeFi_Ethereum
📣 Manta CeDeFi Crossed $100M In TVL After One Week
Manta’s new CeDeFi product is off to a bullish start, with the project attracting more than $120 million in assets within its first week. Data from DeFiLlama shows Manta CeDeFi boasting $121.5 million in total value locked (TVL) following its debut on May 19. The impressive growth is likely spurred by Manta offering a two-month points program qualifying early adopters who deposit assets before the product surpasses a $500 million TVL for monthly MANTA airdrops.
Source
/channel/DeFi_Ethereum
📣 DeFi Protocol Chainge Secures $13M Investment to Enhance Cross-chain Trading
The cross-chain protocol plans to stick with its proposed plan of making the platform one of the leading liquidity providers in the industry. Chainge, a cross-chain liquidity protocol, has received $13 million in funding from two crypto-focused investment companies to expand its business offerings and make cross-border trading more accessible to users across the world through artificial intelligence (AI) solutions.
Source
/channel/DeFi_Ethereum