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DeFi News
Bitcoinist
1d
283
Image Credit: Bitcoinist
Grayscale’s Ethereum ETF On The Brink Of Major Change With NYSE’s Staking Proposal
- The New York Stock Exchange (NYSE) has proposed a rule change that would allow the Grayscale Ethereum Trust (ETHE) and Grayscale Ethereum Mini Trust (EZET) to stake their ETH holdings.
- This change would enable the trusts to earn rewards on their staked ETH while keeping the assets under the custody of their current custodian.
- Grayscale's staking proposal aims to make the Ethereum investment vehicles more appealing to institutional investors seeking staking benefits and contribute to the security of the Ethereum network.
- If approved, the proposal could enhance the appeal of ETHE and EZET, potentially reducing outflows and boosting their performance.
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Bitcoinist
1d
276
Image Credit: Bitcoinist
Memecoin Libra Under Fire: Allegations Of Parallel Project In Nigeria Surface
- The memecoin Libra (LIBRA) is at the center of controversy with allegations of a parallel project in Nigeria.
- Argentina's President Javier Milei, who promoted Libra, is facing fraud charges amid the Libra memecoin scandal.
- US law firms are planning class action lawsuits against Milei, and there are calls for his impeachment.
- Kelsier Ventures, linked to the Libra project, is under scrutiny. Connections to other memecoins and a memecoin project in Nigeria have been revealed.
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Blockonomi
2d
343
Image Credit: Blockonomi
SEC Drops Bid to Impose Dealer Rules on DeFi Protocols
- The U.S. Securities and Exchange Commission (SEC) has abandoned its legal effort to implement a rule that would have expanded its oversight of decentralized finance (DeFi).
- Last August, the SEC adopted new rules requiring crypto liquidity providers and automated market makers with over $50 million in capital to register with the SEC.
- Crypto advocacy groups filed a lawsuit challenging the SEC's rule, arguing it would impose compliance burdens on DeFi protocols.
- The SEC dropped its appeal of the court ruling, providing regulatory clarity for DeFi projects and celebrating a victory for the crypto industry.
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Bitcoinist
2d
285
Image Credit: Bitcoinist
HashFlare Founders Plead Guilty To Running $577 Million Crypto Ponzi Scheme
- Sergei Potapenko and Ivan Turõgin, founders of HashFlare, have pleaded guilty to operating a $577 million crypto Ponzi scheme.
- They sold contracts promising customers a share of crypto allegedly mined by the company, but HashFlare did not possess the necessary computing power.
- Potapenko and Turõgin have agreed to forfeit over $400 million in assets obtained through their fraudulent activities.
- The US Department of Justice plans to compensate the victims by using the forfeited assets.
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Bitcoinist
2d
31
Image Credit: Bitcoinist
Crypto Pundit Says Ethereum Price Is ‘Destined’ To Reach $10,000 This Cycle, Here’s Why
- Crypto pundit predicts that Ethereum price will reach $10,000 this cycle, following a similar pattern to Bitcoin's 2015-2017 bull cycle
- Ethereum recently broke through major resistance levels, completed its accumulation phase, and experienced significant volatility
- Factors contributing to Ethereum's bullish outlook include Total Value Locked (TVL), stablecoin liquidity dominance, institutional demand, and lower inflation rate
- Whales are accumulating ETH, indicating positive market sentiment and increased demand
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Medium
5h
262
My Country
- Pakistan, Pakistan, love you Pakistan
- My Day
- Let's see my day
- It is full of fun
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15 Likes
Crypto-News-Flash
1d
264
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Ethereum vs. ‘Moral Reversal’: Vitalik Buterin’s Take on Crypto Ethics
- Vitalik Buterin raised concerns about the ethical direction of the cryptocurrency industry during an AMA session.
- He highlighted the criticism faced by Ethereum for not fully embracing blockchain-based gambling.
- The Ethereum Foundation deployed $120M into DeFi platforms in response to criticism over its financial strategies.
- Buterin hinted at potential changes in the Ethereum Foundation's approach, advocating for a more selective stance in supporting projects.
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Livebitcoinnews
1d
342
Image Credit: Livebitcoinnews
Somnia Unveils Shannon Testnet to Revolutionize Blockchain Scalability
- Somnia has officially launched the Shannon Testnet, a high-performance sandbox for developing scalable blockchain applications.
- The Shannon Testnet provides over 1 million transactions per second, sub-second finality, and nearly free transaction costs.
- It introduces enhancements such as increased decentralization, enhanced security, and improved stability.
- This launch opens up new possibilities for decentralized applications, on-chain gaming, scalable DeFi protocols, and social platforms.
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20 Likes
Medium
1d
80
Image Credit: Medium
Nailmaster The Future of Web3 Gaming & Play-to-Earn Rewards.
- Nailmaster offers true asset ownership with NFT-powered weapons, skins, and characters.
- Players can earn Mumubit tokens through skill-based battles and tournaments for upgrades, trading, or cashing out.
- The ecosystem is decentralized, secure, and free from pay-to-win mechanics, providing a fair shot at success for every player.
- Seamless blockchain integration enables fast and low-cost transactions while trading digital assets.
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4 Likes
Medium
1d
196
Image Credit: Medium
ShadeX Incentivized Public Testnet
- ShadeX has launched an Incentivized Public Testnet where users can earn eSHD tokens.
- ShadeX is the world's first encrypted money market, offering data secure DeFi for all users.
- Users can provide feedback and submit bugs to qualify for the competition and earn rewards.
- The top 10 submissions covering UI/UX feedback and smart contract bugs will be rewarded.
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11 Likes
Global Fintech Series
2d
175
Image Credit: Global Fintech Series
Latx Network Unveils LattieAI, the Next-Gen DeFi AI Agent Set to Disrupt Crypto in 2025
- Latx Network has launched LattieAI, an AI-driven agent for DeFi protocols.
- LattieAI combines AI with DeFi, SocialFi, and Meme Meta for a unified user experience.
- It offers real-time market analysis, predictive insights, and strategic execution.
- LattieAI aims to provide a competitive edge by processing on-chain and off-chain data.
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10 Likes
Medium
2d
360
English Grade
- Student actively participates in academic and co-curricular activities.
- Focused on achieving good grades while engaging in sports and after-school activities.
- Received awards in scouting, quiz program, declamation contest, and essay writing competition.
- Active membership in various clubs and currently part of hiking and outdoor club and environmental awareness club.
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21 Likes
TechBullion
2d
153
Image Credit: TechBullion
MANTRA Secures First VARA DeFi License, Paving the Way for Global Growth and Innovation in Financial Products
- MANTRA Finance FZE has obtained a Virtual Asset Service Provider (VASP) license from Dubai’s Virtual Assets Regulatory Authority (VARA).
- The VASP license allows MANTRA to operate as a Virtual Asset Exchange and provide Broker-Dealer and Management and Investment Services.
- MANTRA's focus is on introducing innovative, regulatory-compliant financial products and scaling operations in the Middle East.
- MANTRA Chain, their purpose-built Layer 1 blockchain, enables adherence to real-world regulatory requirements and offers cross-chain interoperability.
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9 Likes
Livebitcoinnews
2d
121
Image Credit: Livebitcoinnews
CrossFi Expands DeFi Ecosystem with Five Major Partnerships
- CrossFi has partnered with Enflux, ApeBond, Victus Global, Alpha Token Capital, and Pinnacle Ventures to boost liquidity and expand token use cases.
- These partnerships aim to enhance CrossFi's decentralized finance infrastructure and broaden its global presence.
- Enflux will maximize liquidity options, ApeBond will facilitate fair token issuance, Victus Global will finance CrossFi's expansion, Alpha Token Capital will enhance international reach, and Pinnacle Ventures will provide long-term support for blockchain development.
- CrossFi's vision is to become a leading digital finance platform, offering seamless access to on-chain solutions for users worldwide.
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7 Likes
Global Fintech Series
2d
98
Image Credit: Global Fintech Series
IQ AI Launches ATP: Tokenizing and Owning Autonomous AI Superagents with NEAR and Frax
- IQ has launched the Agent Tokenization Platform (ATP) to enable AI agents to own, trade, and manage assets autonomously on-chain.
- ATP allows AI agents to engage in complex financial interactions without human intervention.
- The platform is built on the Fraxtal blockchain and is natively integrated with NEAR's AI agent development stack.
- ATP's Brain framework integrates with AI-powered financial tools, enabling AI-driven financial automation.
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