Defi

Lido Finance has surpassed MakerDAO as the market's largest DeFi protocol, with $5.9 billion secured on its staking platform. Leading decentralized lending protocol MakerDAO's supremacy in the DeFi market has been usurped by the liquid…
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Ripple revealed yesterday that the long-awaited automated market maker (AMM) functionality has been deployed in a devnet. The RippleX team submitted the technical standard for XLS-30d earlier this year. This protocol-native AMM is…
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People would be able to choose the digital identity credentials they want to share across Web3, DeFi, and the metaverse using the bank's perspective digital wallet. JPMorgan is studying the concept of a digital wallet that would enable…
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In a speech on Wednesday, an external member of the UK's central bank's financial policy council described identified difficulties in the governance of decentralized finance. Wednesday, a top adviser to the Bank of England warned that…
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The decentralized finance (DeFi) Solana (SOL) network continues to make strides as the blockchain strives to compete with established platforms like Ethereum (ETH), resulting in a rise in transaction volume. In fact, as of the 22nd of…
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CEO Evgeny Gaevoy of Wintermute has stated that a serious flaw in the Ethereum vanity address generator dubbed Profanity was responsible for the multi-million dollar theft. According to Gaevoy, a crypto asset algorithmic market maker…
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A few days before the much-anticipated "Merge," the overall value of Ethereum fell due to a steady reduction in the quantity of liquidity flowing into decentralized finance (DeFi). Ethereum has been the blockchain of choice for…
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According to a statement released on August 31 by Babylon Finance's founder Ramon Recuero, the business will cease providing asset management protocol DeFi services on November 15. Wednesday night, Ramon Recuero, the founder of Babylon…
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The Aada Finance V1 lending and borrowing protocol will be launched on Cardano's mainnet by Aada Finance, the DeFi platform based on the Cardano blockchain. The launch scheduled for September 13, will signal the introduction of DeFi…
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The decentralised finance (DeFi) network has shown no signs of slowing down since the Cardano (ADA) network hit 3,000 smart contracts at the start of August. In actuality, Cardano has onboarded five additional Plutus Scripts (a…
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