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How Dogecoin defied odds: marking 10 years in the crypto world
Explore Dogecoin’s 10-year journey from a meme-inspired joke to a major cryptocurrency, hitting a 52-week high as it celebrates its anniversary. Initially a joke based on a popular internet meme, Dogecoin (DOGE) has surprisingly survived a decade in the competitive crypto market and is now celebrating its 10th anniversary. As Dogecoin marks its anniversary, the […] More
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What is composability in DeFi?
Importance of composability in the DeFi ecosystem Composability acts as a catalyst for growth, propelling decentralized finance’s ongoing development and growth. In decentralized finance (DeFi), composability refers to the ability of various apps and protocols to seamlessly communicate with each other, allowing their building blocks to be combined and integrated to create new functionalities or […] More
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Curvance Raises $3.6M in Seed Round from Over 20 DAOs and DeFi Builders including Offchain Labs and Wormhole
[PRESS RELEASE – Cayman Islands, Cayman Islands, December 5th, 2023] Curvance introduces a new, efficient approach for users to yield farm and maximize yield on their DeFi investments Curvance, a full-service omnichain money market for yield-bearing, LSDfi, tokenized treasuries, and primitive assets, announces the close of a $3.6M seed round supported by Offchain Labs, Wormhole, […] More
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in Blockchain News, DeFi News, News
WOW EARN Unveils Layer 1 Blockchain, Redefining Efficiency and Global Accessibility
[PRESS RELEASE – Dubai, United Arab, December 5th, 2023] In a bold move that redefines the blockchain landscape, WOW EARN announces the launch of its innovative WOW EARN Chain, now operating as a Layer 1 blockchain. This significant technological advancement positions the WOW EARN Chain at the forefront of blockchain innovation, offering unmatched efficiency, global […] More
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Cosmos-based networks Umee and Osmosis to merge, creating ‘DeFi Hub’
Through a software upgrade, Umee UX Chain code will be implemented on Osmosis, combining the two networks. News Join us on social networks Cosmos-based networks Umee and Osmosis will merge via a software upgrade, according to a Dec. 4 announcement. Umee’s UX Chain code will be reimplemented on the Osmosis chain, allowing features of the […] More
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Jellyverse secures $2 million seed round to build DeFi 3.0
DeFiChain-based Jellyverse raises $2 million from private investors to build its ecosystem. The funding was secured in a seed funding round by Jelly Labs AG and Fintonomy LTD. Jellyverse will feature protocols such as a DEX, staking protocol and stablecoin. Jellyverse, a decentralised finance (DeFi) ecosystem built on the EVM-compatible layer-2 DeFiMetaChain (DMC), has secured […] More
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Horizen EON integrates Ascent Exchange and ICHI Vault to enhance defi
Horizen EON has integrated Ascent Exchange into its ecosystem via ICHI Vault. Horizen integrates Ascent Exchange and ICHI Vault Horizen EON is a blockchain platform that can be scaled to accommodate developers who wish to create decentralized finance (defi) applications. On the other hand, Ascent Exchange is a global digital trading platform that allows users to trade different tokens. […] More
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Embracing institutions today will keep defi’s tomorrow on track | Opinion
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Now that crypto’s volatile streak has calmed down considerably, many projects are looking to bring traditional finance, or TradFi, institutions into the blockchain fold. From banks to asset managers and investment firms, […] More
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OKX Wallet integrates DeSyn defi protocol
The OKX Wallet is integrating DeSyn, a decentralized finance (defi) protocol powered by Ethereum (ETH), to enable users to generate synthetic assets and engage in decentralized asset management. The OKX Wallet is a cryptocurrency wallet from the stables of OKX exchange. It grants access to over 80 blockchains and incorporates MPC technology for convenient wallet […] More
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JPMorgan analysts cautious amid DeFi and NFT resurgence signals
JPMorgan analysts’ report has pointed to a tentative recovery in DeFi and NFTs. The analysts, however, caution against premature optimism. Their report notes a notable uptick in NFT sales volume and increased total value locked in DeFi. JPMorgan analysts, led by Nikolaos Panigirtzoglou, have cautiously approached the recent upswing in decentralized finance (DeFi) and non-fungible […] More
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Sui surpasses $150M in TVL, showcasing blistering DeFi momentum
Grand Cayman, Cayman Islands, November 30th, 2023, Chainwire Sui, the pioneering Layer 1 blockchain and smart contract platform created by the technology team that emerged from Meta’s Diem Blockchain project, has accelerated beyond expectations in just over six months since its mainnet launch, surpassing $150 million in Total Value Locked (TVL) according to leading DeFi […] More
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Defi platforms Aerodrome and Velodrome hit by front-end cyberattacks
Defi platforms Aerodrome and Velodrome suffer a front-end attack, with an estimated $40,000 compromised. Two prominent defi platforms, Aerodrome and Velodrome, have experienced security breaches in their front-end systems. The incidents occurred on Nov. 28, as disclosed by the platforms. Both Aerodrome and Velodrome alerted their users through X, advising them to cease all interactions […] More