Decentralized finance is a form of blockchain-based finance that does not rely on central financial intermediaries such as brokerages, exchanges, or banks to provide traditional financial instruments, instead of relying on smart contracts on blockchains, the most common of which being Ethereum.
PicPay has reinstated its cryptocurrency trading services, reflecting the nation’s growing embrace of digital money and blockchain technology. This move comes as the company seeks to expand its digital asset offerings amid soaring interest in cryptocurrencies across Brazil. Source: RioTimes PicPay, with a user base now exceeding 65 million, originally ...
The DeFi space is no stranger to big ideas and bold promises, but with numerous new concepts emerging, it's challenging to determine which ones will stand the test of time. One of the most intriguing innovations to come out of DeFi is tokenized yield, an approach that promises to revolutionize ...
BTC Digital Ltd. (NASDAQ: BTCT), a publicly traded blockchain infrastructure firm, has officially launched a $1 million Ethereum (ETH) strategic reserve, marking a pivotal shift in its evolution from a crypto mining company to a key player in decentralized finance (DeFi). This strategic move highlights BTCT’s growing conviction in Ethereum’s ...
Russians currently hold over $25.4 billion worth of cryptocurrencies, reflecting a significant surge driven by rising institutional investments. This growth highlights the expanding role of crypto assets within Russia’s financial landscape despite regulatory uncertainties. Russians’ Crypto Holdings Top $25.4 Billion Amid Surging Institutional Investment https://t.co/pLGEwx7AB4 — Cryptocurrency (@cryptocurrency) June 24, ...
Veda, a rapidly expanding infrastructure provider in the DeFi sector, has secured $18 million in a funding round led by CoinFund. The round attracted participation from major players, including Coinbase Ventures, GSR, BitGo, and Animoca Ventures, alongside prominent angel investors such as Anchorage CEO Nathan McCauley and Polygon Co-founder Sandeep ...
Blockdaemon has launched Earn Stack, a new product designed to help institutional clients offer secure, compliant staking and DeFi services. The rollout comes as regulatory scrutiny on staking intensifies, prompting financial institutions to seek reliable, non-custodial solutions. Earn Stack combines access to staking services across more than 50 proof-of-stake (PoS) ...
Ethereum co-founder and Consensys CEO Joseph Lubin has predicted that Wall Street is on the brink of fully embracing decentralized finance (DeFi) and crypto. In a post shared on X (formerly Twitter), Lubin cited the accelerating momentum behind digital asset treasury strategies as a clear signal that traditional finance is ...
EASE Protocol has launched its Exponential Liquidity System™, a major innovation designed to enhance capital efficiency across DeFi platforms and reshape the future of crypto trading. At the core of this breakthrough is Atomic Intermediate Token (AIT) technology, which allows just $1 million in liquidity to perform with the effectiveness ...
Hyperion, the largest decentralized exchange (DEX) on the Aptos blockchain, has closed a strategic funding round led by OKX Ventures, with additional backing from Aptos Labs, Arthur Hayes’ Maelstrom, and Mirana Ventures. The funding injection is set to accelerate Hyperion’s broader mission of unifying liquidity and trading within the Aptos ...
Missouri has become the first U.S. state to abolish the state-level capital gains tax on Bitcoin and other cryptocurrencies for individual investors. While federal capital gains taxes still apply, this new law reduces the overall tax burden by up to 4.8%, making Missouri a pioneering hub for crypto investors seeking ...
