A naukri.com initiative
DeFi News
Hackernoon
1M
405
Image Credit: Hackernoon
Bear Markets Build Us: A Salute to the Relentless Builders
- The current market rally in the crypto world is a well-deserved reward for the builders, innovators, and visionaries who persevered during the bear market.
- Crypto winters teach resilience and sharpen the vision of builders, who remain focused on long-term value and utility.
- Bear markets intensify problem-solving and encourage innovation with limited resources, leading to groundbreaking ideas and solutions.
- The current bull run is a testament to the efforts, vision, and resilience of developers, project founders, and innovators who continued working through the bear market.
Read Full Article
24 Likes
Cryptoslate
1M
432
Image Credit: Cryptoslate
Donald Trump-backed DeFi project leans on Chainlink amid criticism and unmet financial goals
- WLFI, a DeFi project backed by Donald Trump, has partnered with Chainlink for on-chain data and cross-chain connectivity.
- Chainlink's Price Feeds will be adopted for secure onboarding of assets on WLFI's Aave v3 protocol instance.
- Despite financial challenges and criticism, WLFI aims to become a DeFi hub for lending, borrowing, and investing in digital assets.
- Galaxy Digital highlights uncertainty surrounding WLFI's development plan and dependencies.
Read Full Article
26 Likes
Global Fintech Series
1M
410
Image Credit: Global Fintech Series
DeFi Technologies Launches CoreFi Strategy: A MicroStrategy-Inspired Approach for Amplifying Bitcoin Returns with CORE
- DeFi Technologies Inc. has launched CoreFi Strategy, a leveraged and regulated approach to Bitcoin yield and CORE, Core blockchain's native asset.
- CoreFi Strategy aims to provide high-beta exposure to Bitcoin and BTCfi, offering capital market participants regulated access and potential for higher returns.
- Core blockchain integrates Non-Custodial Staking and Dual Staking with Bitcoin mining support, fostering sustainable Bitcoin yields and increased utility.
- CoreFi Strategy actively acquires and holds CORE assets using smart leverage, aiming to maximize gains similar to the success of companies like MicroStrategy.
Read Full Article
24 Likes
Bitcoinist
1M
49
Image Credit: Bitcoinist
FBI Raids Polymarket CEO’s Apartment Following Platform’s Accurate Prediction Of Trump’s Victory
- FBI agents raided the Manhattan apartment of Shayne Coplan, Polymarket CEO, following the platform accurately predicting Donald Trump's victory.
- The raid is speculated to be politically motivated due to Polymarket's accurate prediction, contrasting with traditional polling results.
- Coplan was not arrested or charged, and a Polymarket spokesperson emphasized the company's commitment to transparency.
- Polymarket is under investigation by French authorities and faces scrutiny for compliance with local gambling laws.
Read Full Article
2 Likes
Tokenhell
1M
212
Polymarket CEO Raided by FBI After Donald Trump’s Win, Company Claims
- FBI raided Polymarket CEO Shayne Coplan's home and confiscated his electronics.
- The raid is allegedly due to Polymarket accurately predicting Donald Trump's win in the US presidential election.
- Polymarket claims innocence and states that they are a decentralized prediction market with no political affiliations.
- The US Justice Department plans to investigate Polymarket for allowing American residents to access the platform.
Read Full Article
12 Likes
Bitcoinist
1M
248
Image Credit: Bitcoinist
Bitcoin Strategic Reserve: Michael Novogratz Doubts US Will Move Forward With The Plan
- Michael Novogratz doubts the likelihood of the United States establishing a Bitcoin strategic reserve.
- Novogratz suggests US should retain existing Bitcoin holdings and consider acquiring more to position the nation as a leader in technology and digital assets.
- If the US establishes a Bitcoin strategic reserve, Novogratz predicts a dramatic price surge, estimating it could reach $500,000.
- Trump's election victory positively impacted the cryptocurrency market, contributing to over 30% increase in Bitcoin's value.
Read Full Article
14 Likes
Hackernoon
1M
153
Image Credit: Hackernoon
AI Needs Two Things To Thrive: Trust And Decentralization
- Samsung plans to create AI-powered home appliances with blockchain security-grade architecture through its Knox Matrix framework creating a ‘Trust Chain’ to secure smart homes against potential cyber threats.
- Many tech companies are recognising that AI needs blockchain and vice versa, as they intersect and reinforce each other in the development of new technological advancements.
- According to UK’s Secretary of State For Science And Technology, Peter Kyle, building trust in AI systems is critical to their success in improving public services, boosting productivity and rebuilding the economy.
- Traditional AI systems are limited in their potential for innovation by large corporations wielding control of the distribution and accessibility of AI data, which can only learn from a narrow range of comprehensive datasets.
- Additionally, user data privacy is limited in traditional AI systems where centralized control collects and stores sensitive data with limited user control over how it is used.
- Decentralized AI offers advantages such as improving the quality of AI data, fostering decentralized ownership of data while preserving users’ privacy and security, promoting open collaboration by rewarding collaborative data sharing and participants’ contributions to AI model development and increasing transparency and trust.
- Famous AI advocate, Cathy O Neil, claims decentralized AI democratises access to AI technology by breaking down the barriers of centralization.
- Building a responsible, efficient, and inclusive AI ecosystem is at the heart of decentralized AI and marks a shift away from reliance on centralized control of vital AI data, which will improve the quality of data and the efficiency of AI systems across various industries.
Read Full Article
9 Likes
Medium
1M
406
Image Credit: Medium
Staking Rewards with 16% APR: Unlock Passive Income with XBANKING
- XBANKING is a DeFi platform that provides an opportunity for users to grow their holdings without actively trading.
- Staking on XBANKING involves locking up assets in a smart contract for a specified period, during which users earn interest in the form of additional tokens.
- A 16% APR is highly competitive within the DeFi space.
- You can stake on XBANKING by setting up a compatible cryptocurrency wallet and transferring compatible tokens into it.
- XBANKING offers various staking pools with unique terms and reward structures
- Once you start staking, you can monitor your rewards through the XBANKING dashboard.
- Cryptocurrency markets are notoriously volatile, and while staking generates passive income, the underlying value of your staked tokens can fluctuate.
- XBANKING’s 16% APR is higher than many other staking platforms, making it an attractive option.
- However, like all investments, staking carries risks, including market volatility and potential smart contract vulnerabilities.
- Staking rewards through XBANKING offer an enticing 16% APR, making it an appealing choice for investors looking to maximize their passive income from cryptocurrency.
Read Full Article
24 Likes
Medium
1M
126
Image Credit: Medium
How to Stake DOGS (DOGS) Token for Passive Income on the TON Blockchain
- DOGS (DOGS) is a native token on the TON blockchain.
- Staking DOGS enables token holders to earn passive income without selling their tokens.
- By staking DOGS, token holders help maintain the security and stability of the TON blockchain.
- Staking DOGS is accessible to all token holders, as there is no minimum amount required to participate.
- To stake DOGS, you need a TON-compatible wallet that supports both the DOGS token and staking.
- If you don’t already hold DOGS tokens, you can purchase them on TON-compatible exchanges.
- Some wallets and platforms allow you to select a staking pool for DOGS tokens.
- Staking rewards for DOGS may fluctuate based on network conditions, the staking pool's performance, and other market factors.
- Staking DOGS on the TON blockchain offers a low-risk, accessible way for token holders to earn passive income.
- This step-by-step guide should help you start staking DOGS on the TON blockchain with confidence.
Read Full Article
7 Likes
TechBullion
1M
374
Image Credit: TechBullion
Decentralized Finance (DeFi): A New Path to Financial Freedom
- Decentralized Finance (DeFi) aims to provide financial services like saving, borrowing, and investing to anyone with internet access, without going through a bank. It operates on blockchain technology, which is a digital ledger making it super secure and transparent where smart contracts self-running agreements are used to handle transactions.
- It enables users to lend, borrow and trade digital assets directly without taking any services of a middleman. Thus, it offers a financial system that's more open, transparent and easier to access.
- DeFi services include Decentralized Exchanges (DEXs) like Uniswap and SushiSwap, lending and borrowing on platforms like Compound and Aave, insurance on platforms like Nexus Mutual, Yield Farming, and Stablecoins.
- It gives everyone a chance to join the financial world and provides everything recorded on blockchain for all to see, which is traceable and open to everyone.
- DeFi doesn’t involve middlemen, which results in minimal fees. Furthermore, users keep their assets in digital wallets, which means they control their money directly.
- DeFi does come with a few risks, such as price swings of cryptocurrencies, smart contract risks due to bugs or hack in the code, governments around the world figuring out how to regulate DeFi, and its complexity that newbie users might face.
- The future consortium of DeFi and traditional banks mutually benefitting each other seems possible, where DeFi technology could help banks to improve their services, and regulations can result in the safety of users.
- DeFi is taking financial freedom to the next level, especially in developing countries, as it provides them with a financially inclusive system. It gives individuals power and control over their financial decisions.
- To start with DeFi, one must learn the basics, get a digital wallet, research and start with a small investment, and keep updated with news and updates. Joining DeFi is an exciting opportunity for young individuals to explore a financially revolutionized world.
Read Full Article
22 Likes
TheNewsCrypto
1M
108
Image Credit: TheNewsCrypto
DTX Presale Takes Off: Is This the Next Altcoin to Skyrocket 50X?
- DTX Exchange (DTX) has raised $7 million in pre-sale funding for its Phoenix Wallet.
- Phoenix Wallet is a unique DeFi and TradFi platform built on DTX's proprietary Layer 1 blockchain.
- DTX combines centralized and decentralized features to attract institutional and retail investors.
- Experts predict DTX could experience 50X growth as it prepares for listing on Tier 1 exchanges.
Read Full Article
6 Likes
Crypto-News-Flash
1M
9
Image Credit: Crypto-News-Flash
BounceBit’s CeDeFi V2 Platform Launch: Multi-Chain Support Added
- BounceBit’s CeDeFi V2 platform enables multi-chain support without fund bridging, enhancing cross-chain flexibility.
- New Auto, Fixed, and Manual strategies on CeDeFi V2 offer users diverse investment options and boosted APY rewards.
- BounceBit has officially launched its CeDeFi V2 platform, offering an upgraded, multi-chain experience without the need for fund bridging.
- The platform supports prominent blockchain networks like Ethereum, Binance Smart Chain, Solana, and Bitcoin, allowing users to control assets across multiple chains easily.
Read Full Article
Like
Medium
1M
298
Redefining AI through Data Sovereignty: Insights from Industry Leaders
- Data sovereignty is crucial in AI to protect privacy and ensure transparency.
- Companies like Entrova are building decentralized platforms to manage and optimize data for AI.
- Decentralization through blockchain can maintain data ownership and control.
- AI can help enforce data sovereignty by tracking ownership, distribution, and lineage.
Read Full Article
17 Likes
Bitcoinist
1M
203
Image Credit: Bitcoinist
This Week In Crypto: Key Developments And Legislative Moves As Trump Prepares For Office
- President-elect Donald Trump's administration is expected to influence the cryptocurrency sector.
- The impact on crypto will depend on the appointments of key agency heads and staff.
- Scott Bessent, a leading candidate for Treasury Secretary, supports digital assets.
- Trump plans to establish a dedicated role for cryptocurrency within the White House.
Read Full Article
12 Likes
Crypto-News-Flash
1M
189
Image Credit: Crypto-News-Flash
Binance Chain Secures Google Cloud’s $10M Backing for MVB Program in AI, DeFi, and NFTs
- Binance Chain secures $10M in Google Cloud credits to boost its MVB Program, supporting AI, DeFi, and NFT projects.
- The funding will support the growth of over 40 innovative initiatives within the Binance ecosystem.
- Access to Google Cloud infrastructure will help teams expand capabilities and receive guidance on operational growth.
- Binance Chain strengthens its role as a leading hub for decentralized innovation with over 4,000 dApps.
Read Full Article
11 Likes
For uninterrupted reading, download the app