DeFi

DeFi

Solana DEX Raydium Token Jumps Despite Emergence of Rival PumpSwap

Solana DEX Raydium Token Jumps Despite Emergence of Rival PumpSwap

Raydium’s native token, Ray, rose sharply on Monday, driven by the decentralized exchange’s “deep liquidity,” even as it faces stiff competition from the recently launched rival PumpSwap, according to one core contributor. As the 133rd largest crypto by market capitalization, Ray is trading at about $1.95, according to crypto data provider CoinGecko. It is up […]

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DWF Labs Debuts 0M Fund to Power Web3 Innovation

DWF Labs Debuts $250M Fund to Power Web3 Innovation

Dubai-based crypto market maker and investor DWF Labs has announced the launch of a $250 million Liquid Fund aimed at expanding blockchain projects of different sizes. According to a press release shared with CryptoPotato, the fund will provide investments ranging from $10 million to $50 million per project, with a focus on accelerating Web3 adoption.

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Trump-backed World Liberty Financial tests USD1 stablecoin on BNB Chain

Trump-backed World Liberty Financial tests USD1 stablecoin on BNB Chain

Key Takeaways World Liberty Financial launched the USD1 stablecoin on BNB Chain. The project is working on three products, including a lending and borrowing market. Share this article World Liberty Financial (WLFI), a DeFi project backed by President Trump and his sons, has tested a new stablecoin called USD1 on the BNB Chain, according to

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dYdX jumps 8% after introducing token buyback program to bolster network security

dYdX jumps 8% after introducing token buyback program to bolster network security

Decentralized trading exchange dYdX has introduced a token buyback program to strengthen network security and enhance the utility of its native token, DYDX. According to a March 24 announcement, the protocol stated that it would allocate 25% of its net monthly fees to buy DYDX tokens from the open market. These tokens will be staked

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Here Are the Top DeFi Projects by Development (Santiment)

Here Are the Top DeFi Projects by Development (Santiment)

While the crypto market struggles with the ongoing correction, some sectors are still seeing notable development activity. One of them is the decentralized finance (DeFi) space. A tweet by the on-chain intelligence platform Santiment has revealed the top ten DeFi projects by development. These projects include leading entities like the decentralized blockchain oracle network Chainlink

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DEX Platform Pancakeswap Dethrones Uniswap in Weekly Volume Race

DEX Platform Pancakeswap Dethrones Uniswap in Weekly Volume Race

Per data aggregated from coinmarketcap.com and defillama.com, the decentralized exchange (DEX) platform Pancakeswap has eclipsed Uniswap in seven-day trading volume this week. DEX Volume Wars Analytics unveiled via a Sunday post on X by coinmarketcap.com’s social media account reveal that the DEX Pancakeswap secured the top position in this week’s trading volume figures. “With over

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Eminem’s Unreleased Songs Sold For Bitcoin: Engineer Faces Federal Charges

Eminem’s Unreleased Songs Sold For Bitcoin: Engineer Faces Federal Charges

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Joseph Strange, a former sound engineer for acclaimed rapper Eminem, has been charged with stealing the rapper’s unreleased songs and selling them in exchange for the market’s leading cryptocurrency, Bitcoin (BTC).  The allegations, detailed in a criminal complaint filed in Michigan, reveal

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Immutable X and zkEVM NFT Sales Surge 55% in Q4 2024, But Market Participation Declines

Immutable X and zkEVM NFT Sales Surge 55% in Q4 2024, But Market Participation Declines

In the fourth quarter of 2024, the total NFT sales volume across Immutable X and Immutable zkEVM increased by 55.3% quarter-over-quarter. Messari’s latest analysis revealed that the figure rose from $51.2 million to $79.5 million. Market Participation Plummets Despite this growth, both the average daily sellers and buyers declined significantly, with daily sellers dropping 43.0%

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Deribit Acquisition Talks In Progress: Coinbase Eyes Derivatives Market

Deribit Acquisition Talks In Progress: Coinbase Eyes Derivatives Market

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Coinbase Global, the largest cryptocurrency exchange in the United States, is reportedly in “advanced negotiations” to acquire Deribit, a derivatives startup based in the Netherlands. If finalized, this deal could become one of the largest acquisitions in the industry to date, with

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