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DeFi News
Cryptopotato
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Jupiter Joins Top DeFi Earners, Outpacing Pump.fun, PancakeSwap
- Jupiter Exchange has surpassed major decentralized finance (DeFi) players, securing the second-highest daily fee ranking after stablecoin issuer Tether.
- The decentralized exchange (DEX) generated $2.73 million in revenue over a 24-hour period, surpassing fellow Solana stalwart Pump.fun.
- Jupiter outperformed Uniswap, PancakeSwap, Meteora, and Hyperliquid in terms of fee earnings in the last 24 hours.
- Jupiter's JUP token experienced a significant price increase, gaining 9.5% over the previous 24 hours.
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Bitcoinist
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Investors Push GameStop CEO To Consider $5 Billion Bitcoin Reserve Strategy
- GameStop CEO Ryan Cohen confirmed the receipt of a proposal from Strive Asset Management to adopt Bitcoin as a reserve asset.
- Strive Asset Management suggests that GameStop could leverage its $5 billion cash reserves to acquire Bitcoin and redefine its market position.
- GameStop has previously made moves into the cryptocurrency and blockchain space, including launching a self-custodial crypto wallet and an NFT marketplace.
- Investing $5 billion in Bitcoin could position GameStop as a strong player in the financial landscape, but Bitcoin has recently seen a notable drop in price.
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TronWeekly
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DeFi Victory: SEC Drops Uniswap Case After 3 Years
- The SEC has dropped its investigation into Uniswap Labs without any enforcement action.
- Uniswap Labs maintains that it operates in full compliance with existing laws.
- The decision is seen as a major win for DeFi and its future in the U.S. financial landscape.
- Uniswap Labs, the developer of Uniswap, confirmed that the SEC has dropped its multi-year investigation into the firm.
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Cryptopotato
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UNI Defies Market Sentiment as SEC Closes Uniswap Labs Investigation
- The US Securities and Exchange Commission (SEC) has closed its investigation into Uniswap Labs with no enforcement action.
- This decision signifies a change in the SEC's approach to crypto enforcement actions.
- Uniswap Labs welcomes the resolution and expresses its commitment to working with regulators and policymakers to establish clear frameworks for emerging financial technologies.
- Following the announcement, UNI token saw a price increase, while the market as a whole struggled after the recent crash.
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Cryptopotato
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NymVPN Introduces a Perpetual Token Buyback Mechanism as the Network Goes Live for Public Testing
- NymVPN introduces a perpetual token buyback mechanism for its DePIN tokens.
- The network is set to go live for public testing on February 26, with a commercial launch on March 13.
- The buyback program converts fiat and crypto subscriptions to NYM tokens, ensuring a self-sustaining cycle.
- The initiative aims to provide anonymous access and compensate network service providers in the NymVPN ecosystem.
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TronWeekly
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Jupiter’s GOAT Plan: Meow Pledges 280M JUP for Future Gains
- Jupiter Exchange commits to independent audits, revealing all data on the new jup.com website.
- Meow risks personal allocation, promising long-term team alignment and accountability as per the 2030 Pledge.
- The DEX allocates 50% of revenue to an independent trust for strategic JUP accumulation.
- Jupiter exchange’s anonymous co-founder, Meow, has laid out an extensive roadmap to bolster JUP’s position as the “GOAT” token.
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Medium
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2) Not For Sale- PESRP
- The Arabs possessed a remarkable memory and were an eloquent people.
- Every year a fair was held for poetical competitions at Ukaz.
- In the fifth and sixth centuries, mankind stood on the verge of chaos.
- When Hazrat Muhammad was thirty-eight years of age, he spent most of his time in solitude and meditation.
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Global Fintech Series
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Automated Trading Platforms in the Era of Decentralized Finance: Bridging TradFi and DeFi
- Automated trading platforms are leveraging algorithms, smart contracts, and AI to bridge TradFi and DeFi, offering efficiency and transparency.
- TradFi involves traditional finance with intermediaries and centralized control, while DeFi eliminates intermediaries using blockchain and smart contracts.
- The convergence of TradFi and DeFi is driven by institutional interest in decentralized markets and DeFi projects adopting TradFi mechanisms.
- Automated platforms facilitate high-frequency trading across CEXs and DEXs through algorithmic trading and liquidity optimization.
- Algorithmic trading is prevalent in both TradFi (HFT firms on stock exchanges) and DeFi (trading bots on DEXs with smart contracts).
- Automated platforms address liquidity fragmentation in DeFi with cross-chain pools, AMMs, and CeFi-DeFi bridges for seamless asset transfers.
- Arbitrage opportunities are capitalized on by automated platforms through price differences, interest rate variances, and cross-chain exploits.
- Technological innovations like smart contract-based bots, AI predictive analytics, and cross-chain integrations are driving automated trading in DeFi.
- The future of automated trading includes HyFi models, AI-powered hedge funds, and tokenized real-world assets on blockchain platforms.
- Automated trading platforms are reshaping the financial landscape, bridging TradFi and DeFi to unlock new opportunities for global markets.
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Medium
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Why Intent-Based Execution is the Next UX Evolution
- Intent-based execution is a paradigm shift in Web3, allowing users to define what they want to achieve rather than how to do it.
- By abstracting away complexity and utilizing AI-powered execution, intent-based execution offers a frictionless on-chain experience.
- Nomy aims to be the go-to AI agent for on-chain alpha hunting and is working to simplify interaction with on-chain alpha hunting.
- Biconomy, a provider of account abstraction technology in Web3, supports gasless transactions and simplified onboarding for Web3 users.
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Global Fintech Series
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Defi Solutions & Services (DSS) Acquires Blockpliance Infrastructure to Accelerate Banking’s Integration with Real-Time Stablecoins and Other Digital Assets
- Defi Solutions & Services (DSS) has acquired Blockpliance's AI-driven blockchain intelligence infrastructure and node management technology.
- The integration of Blockpliance's compliance risk analytics into DSS's flagship product, LedgerLink, will enable enhanced analysis of real-time stablecoin and digital asset settlement data.
- Dr. Don Patterson, co-founder and former CTO of Blockpliance, will join DSS to drive AI and analytics strategy and oversee the integration of risk modeling technology into LedgerLink.
- The acquisition allows DSS to offer secure, scalable, and compliant blockchain services to traditional financial institutions, bridging the gap between legacy banking systems and blockchain-based finance.
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Medium
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Reducing Data Bottlenecks with Decentralized Storage and GPU Solutions
- By dispersing computational tasks and storage capabilities throughout a decentralized network, AI researchers can achieve quicker data handling, consistent scalability, and lower infrastructure costs.
- DcentAI offers permissionless GPU assets and reliable data sharing to empower AI researchers and enterprises to eliminate bottlenecks and speed up AI-driven advancements.
- Data bottlenecks in AI and machine learning hinder data movement between systems, leading to complexities in data processing and model training.
- Decentralized storage reduces latency, speeds up data transfers, and aids in the training of machine learning models by allowing quick access to data from the nearest node.
- DcentAI's decentralized storage network spanning over 20 nations provides scalable, secure, and efficient storage solutions, overcoming data bottlenecks and driving faster AI progress.
- Decentralized GPU power from networks like DcentAI addresses GPU bottlenecks, allowing quicker model preparation and more effective research by distributing computing tasks globally.
- DcentAI's decentralized GPU network ensures 99.9% uptime, providing constant access to computing power, cost savings, and scalability without significant upfront investments.
- The integration of decentralized storage and GPU capabilities by DcentAI optimizes asset use, enhances AI research, supports parallel data access, and ensures continuous resource availability.
- DcentAI's solutions offer benefits in healthcare AI by securing data across multiple nodes, utilizing decentralized GPU power for model training, and accelerating medical advancements.
- Decentralized storage improves data access speeds, while DcentAI's decentralized GPU network offers scalable resources for efficient model training and performance improvement.
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Bitcoinist
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Federal Probe Into Uniswap Labs Officially Terminated
- Uniswap Labs announces that the US SEC has closed its investigation into the company without enforcement action.
- SEC previously alleged that Uniswap operated as an unregistered broker and exchange and issued unregistered securities.
- The decision reflects a broader shift in the SEC's regulatory approach under new leadership, moving away from 'regulation by enforcement.'
- Uniswap Labs is open to engaging in constructive dialogue with regulators to develop clear and sensible regulations supporting DeFi innovation.
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Cryptonews
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Sony’s Layer 2 Scaling Solution Passes US $45m in TVL
- Soneium, developed by Sony, has quickly risen in the DeFi ranks and now sits among the top 60 blockchain networks by TVL.
- Soneium's Conquest campaign has contributed to its recent success by incentivizing user engagement and adoption.
- Soneium exceeded $45 million in total value locked (TVL), indicating active engagement with the network.
- Despite initial community backlash, Soneium has gained momentum and is experiencing significant growth.
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Cryptonews
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Ethena Secures US $100M Funding From Institutional Players Franklin Templeton, Dragonfly Capital
- Decentralized stablecoin project Ethena has raised $100 million funding from institutional players Franklin Templeton and Pantera Capital.
- The funding will support the growth of Ethena's new institutional-focused stablecoin, iUSDe, and the development of a purpose-built blockchain for its stablecoins.
- Ethena aims to bridge the crypto and traditional finance (TradFi) worlds through the launch of iUSDe.
- Ethena has also formed a strategic partnership with World Liberty Financial, a DeFi project backed by the Trump family.
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Cryptopotato
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440
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Berachain Surpasses Major Blockchains in TVL Within 20 Days of Mainnet Launch
- Within 20 days of its Mainnet launch, Berachain has surpassed major blockchains such as SUI, Avalanche, and Arbitrum, in Total Value Locked (TVL), after hitting $3.27 billion.
- Berachain secured the sixth position in DeFi TVL following the new feat before slipping to the seventh spot right behind Base.
- Berachain's rapid growth and expanding ecosystem have been fueled by major protocols, including liquid staking platform Infrared Finance and decentralized exchange Kodiak.
- Despite facing controversy over BERA airdrop allocations, Berachain raised $100 million in a recent funding round to strengthen its presence in multiple regions.
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