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DeFi News
Medium
7d
273
CryptoXpress – The All-in-One Crypto Platform for Seamless Payments & Trading
- CryptoXpress is an all-in-one crypto platform that integrates trading, payments, and financial services.
- It offers a user-friendly interface and simplifies crypto transactions for both beginners and experienced traders.
- Key features of CryptoXpress include easy trading, seamless payments, quick remittances, and effortless fiat on/off ramps.
- The platform aims to provide a comprehensive financial ecosystem by supporting DeFi and upcoming features like NFT integration and AI-powered trading.
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Pymnts
7d
368
Image Credit: Pymnts
Trump Deepens Crypto-World Involvement With Stablecoin Launch
- Decentralized finance company World Liberty Financial (WLFI), backed by the Trump family, is launching USD1, a stablecoin redeemable 1:1 for the U.S. dollar.
- USD1 is backed by short-term U.S. government treasuries, U.S. dollar deposits, and other cash equivalents.
- The stablecoin aims to provide access to the power of DeFi while maintaining credibility and safeguards of traditional finance.
- USD1 reserves will be held in custody by BitGo, and the coins will be minted on the Ethereum and Binance Smart Chain blockchains.
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Hackernoon
7d
220
Image Credit: Hackernoon
The Premises of a Yield Market Using Perpetual Constant Maturity Options
- DeFi lacks natural interest rates, leading to challenges in replicating mature interest rate markets.
- DeFi can create a yield market using Perpetual Constant Maturity Options (PCMOs) for yield trading.
- In a yield market, participants must choose between Short and Long positions for generating revenue.
- A proper yield market requires observability, measurability, consistency, controlled volatility, and a structured yield curve.
- Market liquidity in a yield market can be ensured by structuring yield revenues to favor positions against market expectations.
- PCMOs serve as the foundation of DeFi's yield market, offering synthetic perpetual futures and a cost of carry mechanism.
- Notional-weighted yield distributions and drift-adjusted strikes help maintain liquidity and balance in the yield market.
- PCMOs provide a structured and tradable yield curve for DeFi, unlocking new financial instruments beyond traditional interest models.
- The yield term structure generated by PCMOs shows differing yields based on price variations and market movements.
- PCMOs introduce an innovative yield market structure, ensuring liquidity and directional yield generation in DeFi.
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Bitcoinist
7d
357
Image Credit: Bitcoinist
Robinhood’s Prediction Markets Under Scrutiny From Massachusetts Top Regulator
- Massachusetts securities regulator is investigating Robinhood's prediction-markets hub.
- The investigation aims to examine the implications of connecting sports betting with brokerage accounts, especially among young investors.
- There are concerns that Robinhood's actions could be viewed as a tactic to attract investors through gambling events.
- The subpoena issued to Robinhood seeks information on users in Massachusetts who have shown interest in trading college sports event contracts.
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Bitcoinist
7d
8
Image Credit: Bitcoinist
Trump Media Partners With Crypto.com To Launch New ETFs Under Truth.Fi Brand
- Trump Media and Technology Group Corp. (TMTG) has partnered with Crypto.com to develop a series of exchange-traded funds (ETFs) and exchange-traded products under the Truth.Fi brand.
- The planned ETFs will include a mix of digital assets and traditional securities, focusing on the US economy and incorporating cryptocurrencies like Bitcoin and Cronos.
- Crypto.com will handle backend operations, custody services, and supply cryptocurrencies for the ETFs.
- The ETFs will be accessible internationally, expanding TMTG's financial initiatives in the United States, Europe, and Asia.
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Bitcoinist
7d
29
Image Credit: Bitcoinist
Congressional Crypto Agenda: 3 Key Developments To Watch For This Week
- Congressional focus on crypto regulation intensifies with key developments this week.
- Nomination hearing scheduled for crucial appointments in Congress to impact crypto industry.
- SEC engages in discussions about market structure in parallel with Congress.
- Progress made on stablecoin legislation with a potential bill reaching the President's desk by summer.
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TheNewsCrypto
1w
238
Image Credit: TheNewsCrypto
Trump’s WLFI Makes Another Major Altcoin Purchase, What’s Their Strategy?
- Trump’s WLFI project made a major purchase of MNT tokens in the past few hours.
- The project has invested $343 million funds in accumulating several altcoins.
- WLFI's recent purchases include 3.539 million Mantle tokens and 1 million MFG tokens.
- Speculations arise regarding WLFI's altcoin accumulation strategy and the formation of its own token reserve.
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Livebitcoinnews
1w
268
Image Credit: Livebitcoinnews
Kalp and Plena Finance Partner to Simplify Web3 & DeFi
- Kalp has officially announced its partnership with Plena Finance to simplify Web3 implementation and optimize DeFi functionalities.
- Plena Finance pioneers Account Abstraction, enabling users to eliminate native tokens and produce simpler blockchain solutions with improved usability and security benefits.
- Kalp specializes in tokenizing real-world assets, and the partnership aims to bridge traditional finance with digital asset systems.
- The collaboration between Kalp and Plena Finance seeks to enhance security and efficiency in Web3, making blockchain products more accessible to a wider user base.
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NullTX
1w
335
Image Credit: NullTX
Smart Money Targets Diverse Sectors: Accumulation Trends in AI, Meme Coins, and DeFi
- Smart money wallets have shown increased activity in the last 24 hours, focusing on accumulating tokens across various sectors like AI, meme coins, and stablecoins.
- AI, meme tokens, community tokens, and DeFi stablecoins have garnered significant attention from smart investors, suggesting high potential for growth.
- Investors are strategically accumulating tokens in sectors such as AI, with a focus on projects like $AVA (Ava AI) and $Reploy (RAI) due to their promising positioning within the AI and blockchain technology space.
- Meme coins like $BIAO and community-focused projects such as Titcoin are also attracting smart money, highlighting strong community engagement and cultural relevance.
- Stablecoins like $USR (Resolv USD) and tokens like BNB Card are witnessing interest from smart money, showcasing steady growth and integration within the DeFi ecosystem.
- The diversification of investment strategies among smart money investors indicates a keen interest in high-growth sectors and foundational tokens, fostering a diversified portfolio approach.
- The accumulation trends in AI, meme coins, and DeFi projects offer a glimpse into market sentiment and highlight potential areas for growth in the crypto space.
- Smart money activities suggest a shift towards exploring emerging sectors like AI and decentralized technologies, signaling a strategic investment approach towards future opportunities.
- Overall, the accumulation patterns observed over the last 24 hours reflect a mix of established and emerging sectors, indicating a dynamic investment landscape within the crypto market.
- Caution is advised as this summary is not trading or investment advice, and thorough research is recommended before engaging in cryptocurrency investments or services.
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NullTX
1w
113
Image Credit: NullTX
DeFi Unlock Watchlist: The Largest Investor Releases Ahead
- In the world of decentralized finance (DeFi), investor movements play a significant role in shaping market sentiment, especially when it comes to token unlocks.
- DeFi tokens' values are heavily impacted by the unlocking of tokens, which can influence prices and investor behavior.
- Several important DeFi token unlock events are scheduled in the next three months, with potential ramifications for the market.
- Key unlocks include $MAV (6% unlock on Apr 1), $W (9.96% unlock on Apr 3), $TNSR (9% unlock on Apr 8), DBR (19% unlock on Apr 17), and $REZ (15.75% unlock on Apr 20).
- Cross-chain liquidity tokens like $W and $DBR will be closely monitored for their market impact following token unlocks.
- Token unlocks in DeFi often lead to price volatility, with market reactions influenced by demand, confidence, and trade-to-hold ratios.
- The upcoming unlocks present opportunities and challenges for both traders and long-term investors in the DeFi space.
- Understanding the implications of these token unlocks is crucial for navigating the evolving landscape of decentralized finance.
- Market participants are advised to conduct thorough research before engaging in cryptocurrency investments or services.
- Stay updated with the latest news in Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse by following @nulltxnews on Twitter.
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NullTX
1w
386
Image Credit: NullTX
SolvBTC.BNB: Revolutionizing DeFi with Bitcoin Integration into BNB Chain
- SolvBTC.BNB integrates Bitcoin liquidity into the BNB Chain DeFi ecosystem, offering new earning opportunities and access to higher yields across multiple blockchains.
- By leveraging SolvBTC.BNB, Bitcoin holders can participate in various BNB Chain DeFi projects and protocols, unlocking BTC-denominated rewards and accessing top DeFi platforms like Venus Protocol and PancakeSwap.
- The collaboration between SolvProtocol and AstherusHub aims to bridge Bitcoin into the BNB Chain ecosystem, expanding yield opportunities and enhancing user experiences in DeFi.
- SolvBTC.BNB utilizes a multi-layered strategy involving Venus Protocol, ListaDAO, Astherus, KernelDAO, and PancakeSwap to generate returns for users while maintaining exposure to Bitcoin.
- Bitcoin holders stand to benefit from APY rewards, access to leading DeFi protocols, and bonus rewards through Astherus Points, KernelDAO Points, and upcoming programs like Solv Season 2 RP.
- SolvBTC.BNB's success in the BNB Chain DeFi space heralds future expansions into Real-World Assets (RWAs) and structured products, aiming to grow the ecosystem to over $100 million and beyond.
- The collaboration between SolvProtocol and AstherusHub signifies a major step towards integrating Bitcoin as a valuable resource in the evolving landscape of decentralized finance.
- SolvBTC.BNB acts as a strategic innovation, connecting Bitcoin liquidity with the diverse DeFi offerings on the BNB Chain, fostering deeper collaboration and generating increased interest in BTC holdings.
- Disclosure: This summary does not constitute trading or investment advice. Research should always be conducted before investing in cryptocurrencies or related services.
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Bitcoinist
1w
236
Image Credit: Bitcoinist
Eminem’s Unreleased Songs Sold For Bitcoin: Engineer Faces Federal Charges
- Joseph Strange, a former sound engineer for Eminem, has been charged with stealing and selling the rapper's unreleased songs for Bitcoin.
- Strange allegedly sold 25 unfinished tracks to a Canadian buyer for approximately $50,000 in cryptocurrency.
- The stolen songs were discovered on various online platforms, triggering an FBI investigation.
- Strange is facing charges of copyright infringement and interstate transportation of stolen goods, with the potential penalty of up to ten years in prison.
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TronWeekly
1w
404
Image Credit: TronWeekly
XRP Lawyer Warns Trump’s Bitcoin Focus May Stall Innovation
- XRP lawyer Bill Morgan warns that the Trump administration's focus on Bitcoin may hinder broader blockchain innovation in the United States.
- The Ripple community believes that favoring Bitcoin could limit growth in decentralized finance and smart contract technology.
- Concerns are rising about the administration's bias towards Bitcoin as other cryptocurrencies face neglect.
- XRP lawyer Bill Morgan emphasizes the importance of unbiased government support to ensure overall crypto development in the U.S.
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Bitcoinist
1w
126
Image Credit: Bitcoinist
Deribit Acquisition Talks In Progress: Coinbase Eyes Derivatives Market
- Coinbase Global is reportedly in advanced negotiations to acquire Deribit, a derivatives startup based in the Netherlands.
- Deribit is known for its platform for trading cryptocurrency options and futures contracts, with significant trading volumes.
- If the deal is finalized, it could become one of the largest acquisitions in the cryptocurrency industry, valuing Deribit between $4 billion and $5 billion.
- The potential acquisition aligns with Coinbase's strategy to expand its product offerings and strengthen its position in the evolving crypto landscape.
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Bitcoinist
1w
147
Image Credit: Bitcoinist
Tornado Cash Removed From US Treasury’s OFAC Sanctions Roster
- Tornado Cash, a cryptocurrency mixer accused of facilitating the laundering of stolen funds by North Korean state hackers, has been removed from the US sanctions list.
- This follows a court ruling in November that found the US Treasury Department exceeded its authority in imposing sanctions on the platform.
- The Treasury Department acknowledged the court's ruling and dropped the sanctions against Tornado Cash.
- Despite the lifting of sanctions, Tornado Cash operations continue, and North Korean hackers still use the platform to launder significant amounts of stolen cryptocurrency.
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