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💰 DeFi lending protocol Sky to drop wrapped Bitcoin after governance vote Decentralized finance pioneer Sky, formerly Maker, is forging ahead with a plan to offload wrapped Bitcoin collateral from the platform. Following a governance vote that ran for three days and closed on Sept. 19, the DeFi lending and borrowing platform has ratified to remove its exposure to wrapped Bitcoin (WBTC). Source @DeFi_ICO_Invest

📣 Crypto Investment Firm Deus X Capital Unveils DeFi Unit Which Will Start New Yield Generating Protocol Deus X Capital, the $1 billion investment and operating company led by Tim Grant, today launched Solstice Labs, a decentralized finance (DeFi) business, the company said in a press release on Friday. Solstice Labs is building institutional-grade DeFi products and protocols that will be available to all investors, the company said. Source @DeFi_ICO_Invest

🚨🚨 SEC Charges Defi Platform Rari Capital and Founders The U.S. Securities and Exchange Commission (SEC) has announced charges against decentralized finance (defi) platform Rari Capital and its co-founders for misleading investors and operating as unregistered brokers. The settlement involves penalties, injunctions, and bars against the individuals involved, with violations stemming from unregistered securities offerings and deceptive practices. Source @DeFi_ICO_Invest

🔥 BREAKING: 🇺🇸 Federal Reserve cuts interest rates by 50bps for the first time in 4 years. 🤝 @Cryptocurrency_Inside ✅

📣 Ripple Co-Founder Chris Larsen Leads $10 Million Round for DeFi Protocol Yellow Network Yellow Network, a decentralized clearing network for digital assets, has closed a $10 million seed round led by Ripple co-founder Chris Larsen. The company said it'll use the fund to help the company address key challenges in decentralized finance (DeFi) trading, including liquidity fragmentation, scalability, and counterparty risks. Source @DeFi_ICO_Invest

🚨 DeFi Protocol DeltaPrime Suffers $5.9 Million Loss in Private Key Exploit Crypto cybersecurity firm Cyvers has reported a security incident affecting DeltaPrime, a decentralized finance (DeFi) protocol on the Arbitrum network. According to a tweet from Cyvers, the ongoing incident resulted in an initial estimated loss of $4.5 million—subsequently updated to $5.93 million as a “suspicious address” continued to drain funds from DeltaPrime’s liquidity pools. Source @DeFi_ICO_Invest

🥇 DeFi Lending Giant Sky Sets Vote to Offload Wrapped Bitcoin as Justin Sun Concerns Linger Sky, the decentralized finance lender formerly known as MakerDAO, will vote on fully ditching wrapped bitcoin (wBTC) from its ecosystem, according to a Thursday governance post, potentially a major development in DeFi since the platform has $200 million of loans collateralized by the token. WBTC is a token that allows investors to use bitcoin (BTC) on other blockchains, and plays a key role in lending DeFi as collateral, with a $9 billion market capitalization. Source @DeFi_ICO_Invest

🇺🇸 Trump to launch #DeFi protocol next Monday Former President Donald Trump announced plans to launch “World Liberty Financial,” a decentralized finance (DeFi) protocol, next Monday, September 16, at 8 pm via Twitter Spaces. In his tweet, Trump declared his intention to embrace crypto and leave “slow and outdated big banks behind,” marking a significant shift from his previous skepticism towards digital currencies. Source @DeFi_ICO_Invest

🇺🇸 Lawmaker Criticizes Biden-Harris Administration's Approach to Defi Regulation House Financial Services Subcommittee Chairman French Hill emphasized the need to understand decentralized finance technologies during a hearing. He criticized the Biden administration’s regulatory approach and urged Congress to keep discussions open on supporting defi innovation. Hill noted that current regulatory frameworks were created for a system reliant on centralized intermediaries, not the decentralized, peer-to-peer ecosystem enabled by digital assets and blockchain. Source @DeFi_ICO_Invest

🪙 DEX wars heat up as Uniswap's dominance slips to 36% amid rising competition The DEX landscape is undergoing some diversification, with Uniswap's once-dominant market share facing a steady erosion. This change-up in market share could signal more competition and innovation in decentralized trading. Uniswap's market share has dropped from more than 50% in October 2023 to 36% today. Source @DeFi_ICO_Invest

📣 Ether.fi Launches Crypto Credit Card with Scroll’s ZK Tech Ether.fi, a prominent player in the restaking sector, has announced an exciting new partnership with Scroll, a cutting-edge layer-2 blockchain using zero-knowledge (ZK) rollup technology. Ether.fi plans to launch its credit card, ether.fi Cash, and introduce a lending and borrowing marketplace. Scroll, which has been operational since October 2023, has seen its total value locked (TVL) surge from $556 million to $676 million in recent months. This impressive growth reflects the increasing interest in its efficient, low-cost transaction capabilities. Source @DeFi_ICO_Invest

🔵 AAVE Tops DeFi as Market Survives Bearish August August was a bearish month for the cryptocurrency market, especially because of the Aug. 5 decline. While the market attempted to recover the rest of the month, another downturn followed in the final week of August. Nevertheless, some categories and projects within them have been more resilient than others. More specifically, the Decentralized Finance basket fell by single digits, while its best performer, Aave (AAVE), had a positive rate of increase. Source @DeFi_ICO_Invest

📊Penpie crypto DeFi protocol exploiter successfully laundered all $27M ETH Penpie Crypto DeFi Protocol is an averagely popular decentralized finance (DeFi) platform designed to enhance liquidity provision and yield farming in the crypto ecosystem. Built on the Pendle Finance protocol, Penpie focuses on maximizing yield for its users by allowing them to split and trade yield-bearing assets. With a user-friendly interface and advanced features, Penpie aims to offer a flexible and efficient DeFi experience. Source @DeFi_ICO_Invest

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❄️ TON Foundation Pumps $24 Million into Fueling DeFi on Telegram-Linked Network The organization that supports The Open Network, Telegram’s blockchain of choice, announced on Friday that it has contributed another $24 million worth of Toncoin (TON) to its DeFi incentive program, bringing the program’s total value to over $75 million to date. The TON Foundation originally created the program in April to encourage users to engage with decentralized finance (DeFi) applications on TON—a network that has become prominently known for popular crypto-backed games on Telegram and corresponding airdrops. Source @DeFi_ICO_Invest

🚨 Hacker praised after $27M crypto heist from Penpie DeFi protocol The hacker responsible for stealing $27 million in crypto from the decentralized finance (DeFi) protocol Penpie received an appreciation message from a fellow criminal. On Sept. 3, Penpie suffered an exploit that led to the loss of digital assets worth $27 million. In response, the DeFi platform suspended deposits and withdrawals. Less than a day after the hack, the Penpie hacker sent $7 million in assets to the crypto mixer Tornado Cash. Source @DeFi_ICO_Invest

📊 DeFi and social dApps lead in monthly unique wallets for August – DappRadar DeFi and social dApps saw a notable rise in daily unique active wallets (dUAW) in August, as the overall dApp industry hit a record 17 million average dUAWs, up 9% from the previous month, according to a DappRadar report. Decentralized exchanges Raydium and Uniswap v2 had 18.8 million and 4.8 million monthly unique active wallets, respectively, in August, granting them the second and fourth most active applications in the blockchain sector in the period. Source @DeFi_ICO_Invest

🇺🇸 Trump family’s DeFi project wants to ‘ensure US dollar dominance’ While not much is known about the Trump family’s crypto project — the latest statement from World Liberty Financial suggests it wants to spread the use of United States dollar-pegged stablecoins in decentralized finance. In a Sept. 4 statement to X, the yet-to-be-launched decentralized finance (DeFi) platform claimed one of its key goals was to drive the "mass adoption of stablecoins and decentralized finance." Source @DeFi_ICO_Invest

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📊 Streamlining DeFi lending with cross-chain functionality: X Spaces with Nolus Protocol While DeFi lending shows growth and offers exciting opportunities, its challenges may hinder mainstream adoption. Kamen Trendafilov, a co-founder of Nolus Protocol, discussed the topic at the recent Cointelegraph X Spaces. Trendafilov believes that the market’s potential is restricted by the overabundance of locked-up collateral since it wastes capital that could be used to minimize counterparty risk. Source @DeFi_ICO_Invest

🚨 DeFi Protocol Penpie Exploited for $27M of Crypto Assets; PNP Token Craters 40% Decentralized finance (DeFi) protocol Penpie, built on top of tokenized yield platform Pendle, suffered an exploit on Wednesday, crypto observers reported. The alleged exploiter drained roughly $27 million of crypto assets including various types of staked ether (ETH), Ethena's sUSDE and wrapped USDC stablecoin from the protocol, blockchain data shows. Later, it converted the proceeds to ETH using predominantly Li.fi and forwarded to asset to a new address, according to Etherscan data. Source @DeFi_ICO_Invest

💰 Bitcoin DeFi Protocol Seeks to “Save” WBTC from Justin Sun Threshold, a Bitcoin DeFi protocol with a $212 million market capitalization, has proposed to merge its tBTC token with wrapped Bitcoin (WBTC) in an effort to “save” WBTC from falling into the wrong hands amid a looming change in WBTC’s custody model. The proposal comes after a recent move by BitGo – the custodian behind WBTC – to join forces with BiT Global, a Hong Kong-based company with deep ties to controversial Tron founder Justin Sun. Source @DeFi_ICO_Invest

🪙 Ethereum Still Holds the Lion’s Share of Defi TVL as Tron and Solana Rise Currently, the total value locked (TVL) in decentralized finance (defi) stands at $82.2 billion, with Ethereum hosting a commanding 57.24% of that amount. Hot on its heels, Tron and Solana take the second and third spots for the largest TVLs today. Despite ethereum (ETH) facing challenges against bitcoin (BTC) and solana (SOL) throughout 2024, its network remains the reigning champion in the world of defi value. Source @DeFi_ICO_Invest

📣 BounceBit to Launch CeDeFi V2 Platform with Modifications for DeFi and Gaming BounceBit (BB) is getting ready to launch BounceBit V2 in September 2024, which will make significant changes to its centralized decentralized finance (CeDeFi) infrastructure and BounceClub. The new version aims to improve user experience through the inclusion of innovative features from the decentralized finance (DeFi), artificial intelligence (AI), and gaming sectors. Source @DeFi_ICO_Invest

📊 SOFA.org Hosts AMA on The Future of DeFi Settlement SOFA.org, a decentralized and non-profit DAO developing a decentralized clearing protocol, was joined by Mr. John Cahill, COO of Galaxy Digital Asia, to discuss the project's long-term value-proposition as an industry-wide settlement system, and its secure suite of on-chain structure products. The panel was moderated by the Real Moonlight Show on Binance Live. Source @DeFi_ICO_Invest

📊 DeFi protocol Threshold proposes Bitcoin wrapper merger to ‘save WBTC’ Bitcoin decentralized finance (DeFi) protocol Threshold is proposing to merge its own BTC “wrapper” token, tBTC, into Wrapped Bitcoin (WBTC) in a bid to “save WBTC” following concerns about an impending change in control of the popular BTC wrapper, according to an Aug. 29 proposal in Threshold’s governance forum. Source @DeFi_ICO_Invest

📣 Weje.com Launches Revolutionary DeFi Gaming Platform on Polygon (MATIC) Weje.com, a pioneering force in the decentralized finance (DeFi) gaming industry, is proud to announce the launch of its innovative peer-to-peer gaming platform. Built on the Polygon (MATIC) network, Weje.com is set to transform the online gaming experience by leveraging the power of blockchain technology to offer secure, transparent, and efficient gameplay. Source @DeFi_ICO_Invest

📣 DeFi network Radix team cuts 15% of staff, citing need to ‘refocus’ RDX Works, the team behind the Radix decentralized finance (DeFi) platform, has axed 15% of its workforce, citing a need to lower costs. The Radix network launched its mainnet in July 2023 and offers developer tools to build and run decentralized applications (DApps) and financial services on the blockchain. Piers Ridyard, the company’s CEO, confirmed in an Aug. 29 statement in the company’s official Telegram group that the staff cuts are to “refocus” and are part of a “more comprehensive set of changes that need to be made.” Source @DeFi_ICO_Invest

🔵 Aave To Onboard BUIDL Shares As Collateral For GHO On Aug. 26, Aave Labs, the team behind Aave, the largest DeFi lending protocol, published a preliminary temperature check proposal advocating for the inclusion of shares in the BlackRock USD Institutional Digital Liquidity Fund (BUIDL) to the collateral assets backing its stablecoin, GHO. Source @DeFi_ICO_Invest

🐴 Uniswap and Across propose new Ethereum token standard to tackle liquidity fragmentation Uniswap Labs and cross-chain interoperability provider Across Protocol have proposed a new Ethereum token standard for cross-chain intents to address liquidity fragmentation challenges. The new standard is under Ethereum Request for Comment 7683 (ERC-7683) and aims to establish a unified framework for specifying cross-chain actions in intents-based systems. Intents are automated blockchain interactions based on the user’s desired outcome, excluding the need for specific knowledge. Source @DeFi_ICO_Invest

💰 Fordefi Unveils First Institutional-Grade MPC Wallet for DeFi on Sui Fordefi’s comprehensive platform and Web3 gateway provide an enterprise grade solution enabling builders, traders, and operators to self-custody their private keys, seamlessly connect to thousands of decentralized applications (dApps) across any blockchain, and manage digital asset operations with granular policies and a unified interface. Source @DeFi_ICO_Invest

📊 DeFi Yield Aggregator Lulo Hits Record TVL Fueled by PayPal’s Stablecoin Lulo, a Solana-based yield aggregator, saw its total value locked (TVL) double since the beginning of August to reach a record $38.7 million. The yield aggregator launched at the beginning of the year and has continued to grow even during DeFi market downturns. During the last month alone, Lulo’s TVL has surged by over 120%, becoming the best performer among yield aggregators – a subsector led by Ether.fi Liquid, Beefy, and Yearn Finance. Source @DeFi_ICO_Invest

🟢 Maker DeFi lending protocol rebrands to Sky ahead of USDS stablecoin launch Maker protocol has officially rebranded to Sky and unveiled the name of its upgraded stablecoin and native governance token in an effort to make decentralized finance (DeFi) accessible to the masses. As part of its rebranding efforts, Maker, the longest-standing DeFi lending protocol, has rebranded the world’s largest decentralized stablecoin, Dai, into USDS. Source @DeFi_ICO_Invest

📣 DeepBook Enhances DeFi Capabilities with Version 3 Launch DeepBook has launched its latest version, Version 3, on the Sui Testnet, bringing significant improvements aimed at enhancing its utility for decentralized finance (DeFi) protocols, according to The Sui Blog. Among the notable advancements in DeepBook Version 3 are the substantial reduction in gas fees, dynamic trading fees, and a new capital-efficient order management system for market makers. Source @DeFi_ICO_Invest

🪙 Vitalik Buterin responds to criticism that Ethereum ‘doesn’t care’ about DeFi The Ethereum co-founder Vitalik Buterin has spent some time responding to accusations over the weekend that he “doesn’t care” about decentralized finance. These viewpoints began to particularly populate crypto social media spaces over the past weekend as Kain Warwick, the inventor behind the concept of yield farming, made an appearance on a popular crypto online talk show on Aug. 23. Source @DeFi_ICO_Invest

🏦 Coinbase cbBTC token may revolutionize Bitcoin DeFi adoption Coinbase, the world’s second-largest cryptocurrency exchange, could significantly boost the adoption of Bitcoin-native decentralized finance (DeFi). The exchange has recently teased the development of a new Wrapped Bitcoin (BTC), called Coinbase BTC (cbBTC), creating widespread excitement among crypto investors. Source @DeFi_ICO_Invest

📊 DeFi Summer Is Making a Comeback, Steno Research Says Decentralized finance (DeFi) summer is making a comeback, and while total value locked (TVL) in the crypto ecosystem is still well below its 2021 peak, it could climb to an all-time high as soon as the first half of next year, Steno Research said in a report on Friday. DeFi's imminent resurgence is linked to interest rates, particularly in the U.S., because the decentralized finance market is predominantly U.S. dollar-centric, the report said. Source @DeFi_ICO_Invest

⬜️ OKX Wallet Integrates Aurelius Finance, Enhancing DeFi Lending Options OKX Wallet has now integrated Aurelius Finance, a sophisticated decentralized lending platform. Aurelius offers users a comprehensive dashboard for managing collateralized debt positions, monitoring system health parameters and participating in stability pools. This integration allows OKX Wallet users to directly access Aurelius Finance's lending and borrowing features, including opening positions with various collateral types, staking aUSD and earning from stability pools. Source @DeFi_ICO_Invest

🔵 AAVE could rally 25% as DeFi token breaks out of nearly two-year long accumulation AAVE, a Decentralized Finance (DeFi) token that ranks in the top 50 cryptocurrencies by market capitalization, has broken out of a nearly two-year long accumulation range after rallying over 25% in the last seven days. Despite the recent price increase, an on-chain analysis from iCryptoAI shows that AAVE holdings from whale wallets have continued to increase in the last 24 hours, suggesting buying pressure persists and making it more likely that the coin extends gains. Source @DeFi_ICO_Invest

📊 DeFi liquidations hit yearly high above $400 million in past 24 hours amid market turbulence On-chain liquidations across decentralized finance protocols on Ethereum have reached a new yearly high, with over $400 million in liquidated positions in the past 24 hours, according to data from Parsec Finance. This comes amid a substantial uptick in market volatility and a broad crypto market selloff. Earlier today, Bitcoin plunged to its lowest since February, dropping below $53,000, while ether hit a six-month low of about $2,300. Source @DeFi_ICO_Invest

🔵 Aave Launches on ZKsync Era Aave, the largest lending platform in DeFi with nearly $12 billion in total value locked (TVL), is now live on ZKsync Era, an Ethereum Layer 2 (L2) network powered by zero-knowledge technology. The move introduces Aave V3 on the L2 solution, which boasts over $850 million in TVL, and looks to bring liquidity and yield opportunities to ZKsync’s nascent DeFi ecosystem. Price feeds will be provided via Chainlink, ensuring accurate and consistent data across Aave’s multi-chain deployments. Source @DeFi_ICO_Invest

📣 DeFi protocol YieldNest launches new liquid restaking token Decentralized finance (DeFi) protocol YieldNest is launching a new liquid staking derivative (LSD) called ynLSDe designed to capture restaking yield from EigenLayer, according to an Aug. 21 announcement. The token “will allow the holders of Ether staked with Lido, FRAX, Origin Protocol, or Mantle to earn additional yield… through restaking,” YieldNest said. Lido, FRAX, Origin, and Mantle are decentralized Ethereum staking platforms, each of which issues its own LSD. Source @DeFi_ICO_Invest

🐴 Prometheum adds 'digital asset securities' UNI and ARB to its custodial ranks Digital asset firm Prometheum's custodial arm said it plans to add two new "digital asset securities" to its ranks, Uniswap and Arbitrum, soon after soft launching its ether custody services. That means institutional and corporate clients will be able to custody ether, UNI and ARB through Prometheum Capital, according to a statement released by the firm on Wednesday. CoinDesk earlier reported the news. Source @DeFi_ICO_Invest

📣 DEXScreener is Earning Over $1 Million in Weekly Fees DEXScreener, a popular chart and data aggregator for onchain tokens, is one of the top earners in all of DeFi, according to DeFiLlama. 0xngmi, the founder of DeFiLlama, posted on Aug 15 that the analytics site is now tracking DEXScreener metrics, and the site is making up to $250,000 per day by charging fees for teams to update their token’s branding and information on the site. Source @DeFi_ICO_Invest

📣 INFINIT Opening DApp Creation to All with First-Ever DeFi Abstraction Layer INFINIT, the first-of-its-kind DeFi abstraction layer, today announces that it will soon open dApp creation to all, allowing anyone to build and customize DeFi applications in a matter of minutes. INFINIT is a DeFi infrastructure that abstracts away complexities to launch and scale decentralized finance applications across any integrated chain. Like pump.fun before it, INFINIT enables anyone to enter the arena and build their own financial dApps. Source @DeFi_ICO_Invest

🪙 Ethereum Gas Prices Hit All-Time-Low as 110,000 ETH Pours Into DeFi Ethereum gas fees have hit an all-time low as ETH continues to trade below $3,000 amid a broad period of market uncertainty. Though the reduced costs are good for users, they may not be good for investors. Ethereum staking protocols are also beginning to show signs of life following weeks of neutral and muted inflows as over 100,000 ETH is poured into decentralized finance (DeFi) staking platforms. Source @DeFi_ICO_Invest

Base, Coinbase's layer-2 network, hit 4 million active addresses last week, spurred by its "Onchain Summer" campaign. The initiative, running from June to August 2024, has allocated $2 million in $ETH to reward developers building on the blockchain. 🤝 @Cryptocurrency_Inside ✅

📣 Lower interest rates could be the key to DeFi summer: HashKey Capital CEO It’s been a wild ride in the markets in recent days. The United States Federal Reserve is forecast to cut interest rates in 2024, but uneven inflation prints and a somewhat contradictory jobs market have created a lack of consensus on the total number of rate cuts for the remainder of the year. Source @DeFi_ICO_Invest

🌟 Join the #1 Crypto News Channel on Telegram: Cryptocurrency ↪ Inside! 🌟 Stay ahead with: - 📰 Real-Time Updates: Get the latest news instantly. - 🔗 In-Depth Analytics: Powerful blockchain insights. - 📅 Market Trends: Expert analysis and forecasts. Join our vibrant community and stay updated with our active Twitter feed. The only news source you need! 🔗 Join now: @Cryptocurrency_Inside #advertising

🔵 110,000 Ether Pours into Liquid Staking Platforms, Boosting Defi Holdings Based on the latest data, liquid staking platforms have experienced another uptick in deposited ether over the past week. Within this timeframe, 110,000 ether, valued at $292 million, has flowed into these decentralized finance (defi) protocols. @DeFi_ICO_Invest

💰 Algo foundation drops anti solana, ethereum, and bitcoin commercial @DeFi_ICO_Invest

🌟 Join the #1 Crypto News Channel on Telegram: Cryptocurrency ↪ Inside! 🌟 Stay ahead with: - 📰 Real-Time Updates: Get the latest news instantly. - 🔗 In-Depth Analytics: Powerful blockchain insights. - 📅 Market Trends: Expert analysis and forecasts. Join our vibrant community and stay updated with our active Twitter feed. The only news source you need! 🔗 Join now: @Cryptocurrency_Inside #advertising

📣 Solana’s GambleFi Star Mega Dice Token Raises $1.7M in Trending Presale Event Mega Dice is quickly making its mark in the world of online gambling.This Solana-based casino isn’t just about slots and poker; it’s a fully-fledged entertainment hub with over 4,000 games.It also has a sportsbook covering more than 60 sports. This diverse offering has drawn the attention of both seasoned gamblers and complete newcomers to the scene. And the excitement doesn’t stop there. Mega Dice’s native token, DICE, is now generating enormous buzz. @DeFi_ICO_Invest

📣 The proposal to launch ARB staking was passed by Arbitrum DAO @DeFi_ICO_Invest

Rumours: ❄️ TON plans to launch tgBTC @DeFi_ICO_Invest

✖️ Dydx Introduces Major Chain Upgrade With New Features Decentralized exchange Dydx has announced a significant upgrade to its chain, introducing new features designed to enhance market liquidity and security. The update, set for release this autumn, marks the largest change to the Dydx Chain since its launch. @DeFi_ICO_Invest

📣 MetaMask and Mastercard team up! MetaMask announced they're launching a debit card that allows users to make payments directly from a self-custody wallet. @DeFi_ICO_Invest

🔵 Coinbase teases 'cbBTC’ days after BitGo Wrapped Bitcoin controversy Speculators think the post refers to Coinbase’s own wrapped Bitcoin product, which will potentially be launched on its layer-2 network Base. @DeFi_ICO_Invest

🐴 Several venture capital funds, including Andreessen Horowitz and Union Square Ventures, have received letters from the SEC over their involvement with decentralized crypto exchange operator Uniswap Labs, per multiple sources. Uniswap Labs has raised over $170 million in VC funding, most recently in late 2022 at nearly a $1.7 billion valuation. @DeFi_ICO_Invest

🚨 Defi Hacks Remain a Major Threat Despite 50% Decline in 2023: Halborn Decentralized finance (DeFi) hacks remain a major threat to the industry despite a decline in the amount stolen in 2023, according to a report by blockchain security firm Halborn. The report summarizes the top 100 DeFi hacks between 2016 and 2023, the accumulated total of which comes to $7.4 billion with the majority of attacks occurring on Ethereum, Binance Smart Chain and Polygon. @DeFi_ICO_Invest

📣 Vega Protocol Launches Decentralized Prediction Market With Colosseo II Upgrade Vega Protocol has launched its prediction market feature as part of the Colosseo II upgrade. This new development allows users to bet on future events using the Cosmos network infrastructure, offering both binary and non-binary settlement options. The upgrade also includes live game scoring for real-time updates and enhanced cross-chain capabilities. Vega’s prediction market aims to provide a fully decentralized, permissionless alternative to existing platforms, marking a notable advancement in the prediction market landscape. @DeFi_ICO_Invest

📣 Bitcoin.com Launches V-Card Debit Card In Self-Custody Bitcoin and Crypto DeFi Wallet App Bitcoin.com, a pioneer in the Bitcoin and crypto space since 2015, has integrated into its wallet, games, news, and education platform a debit card that empowers users to spend their cryptocurrency seamlessly at any location Mastercard® is accepted. V-Card is now available in the Bitcoin.com app and on Bitcoin.com’s website here. @DeFi_ICO_Invest

📣 Sherlock DeFi Launches Next-Gen Bug Bounty Platform Sherlock DeFi, a blockchain security firm, has officially launched a next-generation bug bounty platform exclusively for its customers. This new initiative includes expert review and support, quick bounty setup, no ongoing costs, and spam prevention. Customers who have previously used Sherlock for audits now have access to this platform and some of the world's best bug hunters. @DeFi_ICO_Invest

Rumours: 🇺🇸 Donald Trump and his family are launching their DeFi project "World Liberty" @DeFi_ICO_Invest

🚨🚨 DeFi protocol Nexera hacked for $1.5M via smart contract exploit Nexera protocol has been exploited for $1.5 million worth of digital assets in another smart contract security incident. While the $1.5 million counts as a relatively small incident, it comes only a day after Ronin Network was exploited for $9.8 million worth of Ether tokens by a suspected white hat hacker, who returned all the lost funds within a few hours. Source @DeFi_ICO_Invest

🇺🇸Donald Trump Jr. Teases ‘Huge’ Crypto News—Says Defi ‘Is the Future’ Donald Trump Jr., the eldest child of the former 45th president, took to social media on Wednesday to declare that decentralized finance (defi) represents the future of the financial world. “We’re about to shake up the crypto world with something HUGE,” Trump Jr. announced on X, emphasizing, “Decentralized finance is the future—don’t get left behind.” His post sparked speculation among many who anticipated an announcement related to cryptocurrency, perhaps even a new meme coin. This latest comment from Trump Jr. follows a statement he made in mid-June, where he called his father “the best choice for bitcoin.”. Source @DeFi_ICO_Invest

📣 Devs to Launch New DeFi and Smart Contract Solution on Bitcoin The dream of decentralized finance (DeFi) on the Bitcoin blockchain has eluded developers for nearly as long as it the dominant blockchain has existed. But a crucial component of DeFi, smart contracts, are not native to the Bitcoin blockchain. A group of developers, however, is set to launch the OP_NET testnet on Wednesday, which they say will bring the programmable feature to Bitcoin. Source @DeFi_ICO_Invest

🪙 $125.5 Million on Ethereum DeFi Is Within 20% of Liquidation Price On Monday, amidst a larger global meltdown, the total crypto market cap shed 7% of its value on a 24-hour basis, representing an almost $162.3 billion drawdown, while $306.9 million in liquidations occurred on Ethereum’s top lending protocols: Aave, Compound, and MakerDAO’s Spark protocol. At presstime, ETH was trading at $2,450 at the time of writing, a nearly 10% decrease in the past 24 hours. Source @DeFi_ICO_Invest

🪙Defi Giant Aave Rakes in $6M in Revenue as Crypto Market Plunges The founder of decentralized finance (DeFi) protocol Aave said the platform generated $6 million of revenue during Monday's crypto market sell-off. The plunge trickled down to DeFi after last week's Bank of Japan decision to hike interest rates and Friday's U.S. jobs report. Ether (ETH) is down by more than 20% over the past 24 hours whilst aave (AAVE) has lost 23.7% of its market cap. Source @DeFi_ICO_Invest

📣 DeFi Sector Takes a Hit as Jump Crypto Begins Shuffling Millions in Funds Top cryptos within the decentralized finance sector witnessed a strong sell-off late Sunday as the crypto arm of proprietary trading firm Jump Trading began moving millions of dollars to exchanges. Recessionary fears led to a substantial sell-off in U.S. equity markets on Friday, with the unemployment rate rising to 4.3% in June, triggering global market declines, including a 5.5% drop in Japan's Nikkei 225. Source @DeFi_ICO_Invest

🆘 DeFi Protocol Convergence Hacked, CVG Token Plunges 99% on Curve Decentralized finance protocol Convergence, a Curve-based yield-enhancing protocol, a was exploited Thursday, sending its token's price to near-zero. The attacker created (minted) 58 million of the protocol's CVG token using a vulnerability in the protocol's codebase, and swapped the tokens for 60 wrapped ether (wETH) and 15,900 crvFRAX stablecoin using liquidity pools on Curve, web3 security auditing firm QuillAudits said. Source @DeFi_ICO_Invest

📊 Pump.Fun Flips Ethereum Blockchain in Daily Revenue Memecoin launchpad Pump.Fun posted the highest gross revenue in all of Decentralized Finance (DeFi) over the last 24 hours, surpassing even Ethereum. The platform amassed $867,429 in the last 24 hours, compared to Ethereum’s $844,276, according to DeFiLlama. Solana-based Telegram trading bot, Trojan, was the third-highest revenue generator of the day, as memecoin infrastructure continues to dominate in DeFi. Source @DeFi_ICO_Invest

📣 DeFi Technologies to enhance trading desk with zero-knowledge proofs DeFi Technologies, a Canadian fintech firm, is set to enhance its trading infrastructure through a new partnership with Zero Computing, according to a July 30 statement shared with CryptoSlate. The collaboration aims to integrate zero-knowledge proof tools to boost operations on the Solana and Ethereum blockchains by optimizing its ability to identify and execute arbitrage opportunities. Source @DeFi_ICO_Invest

🔵 Aave's fee switch proposal sparks major rally in AAVE token On Thursday, July 25, Marc Zeller, the founder of one of the top independent organizations providing services for Aave DAO, published a temperature check for a new Aave governance proposal that would lead to a “fee switch.” Among the various components, the proposal's “buy & distribute” program, which would use the protocol’s fee revenue to acquire or “buy back” AAVE on the secondary market, garnered significant attention. Source @DeFi_ICO_Invest

📊 DeFi platform DTX Exchange raises 1.2m, praised for revenue model DTX Exchange has announced that it has raised over $1.2 million in its presale. With impressive features and a hybrid trading method, DTX is gaining considerable attention from the crypto community. DTX’s long-term potential stands out in the crypto market. Amid the general downturn of the market, DTX Exchange (DTX) maintains its advantage over memecoins’ hype-driven tokenomics. Source @DeFi_ICO_Invest

🟠 Value DEX Launches on BNB Chain to Enhance DeFi Trading Experience The DEX aggregator supports only those tokens that are launched on the BNB Chain, but this is set to change in the future. This is especially important for investors and stakeholders for the sustainable growth and development of Value DEX within the DeFi ecosystem. Attracting the audience to utilize Value DEX should involve persons who seek decentralization, fast execution of transactions, low charges, safety, and ease of navigating the platform. It provides a friendly trading environment that is favourable to traders. Source @DeFi_ICO_Invest

📣 Monad-based DeFi Projects Unveil Flurry of Funding Rounds Protocols building on Monad are announcing their funding rounds as anticipation builds around Monad’s upcoming testnet. aPrior, an MEV-powered liquid staking platform, revealed a $10 million funding round led by Pantera Capital; Kuru Exchange, a central limit order book (CLOB) decentralized exchange, announced a $2 million raise led by Electric Capital, and liquid staking protocol Kintsu unveiled a $4 million raise led by Castle Island Ventures. Source @DeFi_ICO_Invest

⚪️ AlphaGrowth to Lead Compound DAO’s Strategic Expansion in DeFi Compound DAO, a leading decentralized finance (DeFi) protocol, announced the formalization of a one-year partnership with AlphaGrowth, the DeFi operations firm. AlphaGrowth has a proven track record of accelerating multiple blockchain protocols and ecosystems. This strategic collaboration follows a successful five-month trial period that began in December and aims to drive sustainable revenue generation and solidify Compound’s position as a DeFi leader. Source @DeFi_ICO_Invest

⚫️ Solend Announces New Solana DeFi Protocol with Rebrand to Save.Finance Solana lending protocol Solend has announced that it has rebranded as Save and relaunched on save.finance. Save is expanding with three new products designed to expand financial opportunities available to Solana users which include a stablecoin, an LST, and an app for shorting memecoins. Save represents the culmination of everything the Solend team has learned over the last three years. Having grown to become the top DeFi protocol on Solana, peaking at over $1B in TVL. Source @DeFi_ICO_Invest

✖️ DeFi Exchange DYdX in Talks to Sell Derivatives Trading Software DYdX Trading Inc., the developer of the namesake decentralized finance exchange, is in talks to sell some of its derivatives trading software for an undisclosed amount to a consortium that includes some of the biggest market makers in crypto, according to people with knowledge of the matter. Source @DeFi_ICO_Invest

📊 Decentralized Finance TVL Recovers to $100B After July Lows Between June 19 and July 19, within a 30-day period, the total value locked (TVL) in decentralized finance (defi) dropped below the $100 billion mark, hitting a low of $86.3 billion on July 7, 2024. Over the past three days, however, the TVL has managed to stay above the $100 billion threshold. Source @DeFi_ICO_Invest

⬜️ OKX Wallet Integrates with Umami Finance to Enhance DeFi Accessibility Leading global cryptocurrency platform OKX has today announced that it is integrating its exclusive wallet service with Umami Finance, a decentralized ecosystem of financial applications. The development brings a significant change in the cryptocurrency industry, as it helps to enhance customer access and make yield-generating products available easily through OKX Wallet. Source @DeFi_ICO_Invest

💰 Cardano DeFi TVL Jumps 20% As Hydra Prospects Enters Spotlight A new Hydra update has triggered an uptrend in the Cardano Decentralized Finance (DeFi) Total Value Locked (TVL). Data from DeFiLlama shows that the Cardano DeFi TVL has climbed to $243.17 million. Compared to July 6 when this metric was $242.13 million, the network has seen more than a 20% increase in about two weeks. Stablecoins on the Cardano ecosystem have a market cap of $15.88 million while the 24-hour trading volume is $267.3 million. Source @DeFi_ICO_Invest

🚨 DeFi Protocol Rho Markets Hacked for $7.6 Million Rho Markets, a liquidity layer and lending protocol built on the Scroll network, has been compromised in an exploit draining over $7.6 million worth of cryptocurrencies. The stolen funds primarily consisted of USD Coin (USDC) and Tether USD (USDT), two major stablecoins pegged to the US dollar. Upon detecting unusual activity, Rho Markets promptly halted platform operations to prevent further losses. Source @DeFi_ICO_Invest

💰 DeFi Technologies Doubles Bitcoin Treasury Holdings and Adds Solana and Core Canadian fintech firm DeFi Technologies (DEFTF) has added another 94.4 Bitcoin (about $6.1 million worth) to its balance sheet, building on its adoption of BTC as its “primary treasury reserve asset” last month. This marks the firm’s second publicly announced Bitcoin purchase, bringing its total holdings up to 204.34 BTC, worth $13.2 million as of this writing. Source @DeFi_ICO_Invest

🚨 Defi Protocol LI.FI Struck by $11M Exploit Decentralized finance (DeFi) platform LI.FI protocol has been hit by a roughly $11 million exploit following a series of suspicious withdrawals, on-chain data shows. LI.FI is a protocol that allows users to trade across various blockchains, venues and bridges. It suffered a bug with its swapping feature in 2022, resulting in a $600,000 loss, PeckShield described the recent bug as "basically the same." Source @DeFi_ICO_Invest

🪙 Uniswap Labs publicly launches wallet browser extension supporting 11 blockchains Uniswap Labs, the organization building out the decentralized exchange Uniswap, has publicly launched its wallet browser extension on Chrome. Users can add the extension to their browser via Google's Chrome Web Store, after which they can set up a new Uniswap wallet or import an existing one. The extension works with the blockchain networks Ethereum, Base, Arbitrum, Optimism, Polygon, Blast, ZKsync, Zora Network, BNB Chain, Avalanche and Celo. Source @DeFi_ICO_Invest

📣 DeFi Protocols Such as Lido Are Generating More Fees Than Layer 1 Blockchains According to Ethan Francis, the head of protocol relations at Web3 infrastructure provider Particle Network, fees generated by DeFi projects will continue to grow in the next six to 12 months as a result of “chain abstraction,” in which end users conducting onchain transactions are not going to know which chains they are using. Source @DeFi_ICO_Invest

📣 Crypto.com Launches $DYDX On-Chain Staking in App Crypto.com has introduced on-chain staking for $DYDX within its app. It allows users to engage directly with the dYdX Chain. This move aims to enhance user participation in decentralized finance (DeFi). It will enable them to stake $DYDX tokens and earn rewards of up to 12%. In particular, dYdX Chain is also well-known as one of the most popular decentralized exchange platforms focusing on perpetual contracts. Source @DeFi_ICO_Invest

📣 Exponential.fi Wants to Make It Easier to Invest in DeFi Exponential.fi, best known as a crypto risk assessment platform, is launching a new product suite designed to make the world of decentralized finance (DeFi) less daunting for retail traders. The new platform, which has been available to a small number of beta testers for the past year, aims to serve as a one-stop shop for traders to identify, learn about and invest in crypto opportunities. Source @DeFi_ICO_Invest

🪙 Chainlink Data Feeds Are Now Live on Starknet, Accelerating DeFi Development and Ecosystem Adoption Through the Chainlink SCALE program Chainlink, the industry-standard decentralized computing platform, and Starknet, the secure scaling technology bringing Ethereum's benefits to the world, announced today that Chainlink Data Feeds, the industry-leading data solution for DeFi, are now live on Starknet mainnet. Starknet is an ecosystem that helps developers to overcome Ethereum's scalability limitations while ensuring computational integrity. The addition of Data Feeds offers support for developers who are building highly scalable and secure DeFi applications on Starknet. Source @DeFi_ICO_Invest

📊 Crypto hacks top $1.4B, MetaMask streamlines Web3 onboarding: Finance Redefined Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week. This past week, significant new developments were announced by industry-leading Web3 firms, including MetaMask, Polygon and StarkNet. Each revealed promising new infrastructure developments that could bolster mainstream adoption. Source @DeFi_ICO_Invest

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📊 DeFi Apps Frontend Targeted in Domain Registry Attack on Squarespace On July 11, several decentralized finance (DeFi) apps fell victim to a domain registry attack, according to a post on X by Blockaid. The initial investigation suggests the attacker is targeting domain names hosted by Squarespace, putting any DeFi app using a Squarespace domain at potential risk. The attacker managed to take over the DNS registry for Compound Finance and attempted, but failed, to do the same with Celer Network's registry. Source @DeFi_ICO_Invest

🆘 More Than 220 DeFi Protocols Still 'at Risk' From Squarespace DNS Hijack In the wake of the recent DNS hijacking attack on decentralized finance (DeFi) protocols, fresh insights have emerged about the potential extent and nature of the breach. The incident, highlighted by various sources, including blockchain security firm Blockaid, involved attackers targeting DNS records hosted on Squarespace. Those records were redirected to IP addresses associated with known malicious activities, Ido Ben-Natan, co-founder and CEO of Blockaid, told Decrypt. Source @DeFi_ICO_Invest

🆘 DeFi apps targeted in apparent Squarespace DNS registry attack: Blockaid Multiple decentralized finance (DeFi) apps were targeted in a domain registry attack on July 11, according to an X post from blockchain security platform Blockaid. The attacker has taken control of the DNS registry for Compound Finance and has attempted — but failed — to take control of Celer Network’s registry. After a preliminary investigation, Blockaid concluded that the attacker is targeting domain names provided by Squarespace, potentially putting any DeFi app with a Squarespace domain at risk. Source @DeFi_ICO_Invest

📣 Stellar Network Brings DeFi to the Unbanked With Smart Contract Platform Banking the unbanked has been touted as one of the core use-cases of crypto since its inception—but the industry’s faced challenges in the form of high transaction fees and a lack of dedicated infrastructure. Launched earlier this year with the Protocol 20 update, the upgrade to the Stellar network introduces smart contracts into the Stellar ecosystem—and aims to bring the industry closer to its goal of becoming the digital financial rails for those without access to banks or other financial services. Source @DeFi_ICO_Invest

📣 Lyra Finance Offers Leveraged Exposure to ETH Through Ethena Lyra Finance, a DeFi platform offering tokenized derivatives and yield, is offering an extra 2.5x on sUSDe yields when ETH rises via a partnership with Ethena. Users who deposit into Lyra’s new sUSDeBULL vault will be earning LDX Points from Lyra and Ethena Sats, while maintaining exposure to Lyra’s automated options strategy that is meant to increase yields as ETH goes up, and preserve yield when the ETH price chops. Source @DeFi_ICO_Invest

Breaking: 🪙 Uniswap Labs Urges SEC to Rethink DeFi Rule Expansion Uniswap Labs has formally petitioned the U. S. Securities and Exchange Commission (SEC) to revisit the proposed rule changes it has made to the Securities Exchange Act of 1934 with the aim of broadening the definition of an “exchange”. Uniswap claims the proposed changes would trespass the SEC authority over the DeFi platforms and are likely to be voided by the Supreme Court based on the recent decision. Source @DeFi_ICO_Invest

📣 DeFi Data Firm API3 Launches OEV Network for DeFi Projects EthCC 7 API3, a service that provides DeFi data feeds to blockchain-based smart contracts, has launched the oracle extractable value (OEV) network. In an announcement made at EthCC 7, hosted in Brussels, the capital of Belgium, API3 said the OEV Network is a first-of-its-kind onchain solution that can recapture OEV. This refers to oracles making use of their position to capture value that would otherwise have gone to third parties. Source @DeFi_ICO_Invest