DeFi TVL hits a record $157B as Ethereum competitors attract investors
Interoperability-focused projects that offer cross-chain bridges and lucrative liquidity mining pools are seeing an influx of funds right as DeFi’s TVL hit a new all-time high.
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Ethereum traders expect volatility ahead of Friday’s $820M options expiry
Overly-confident Ethereum options traders are nervously watching the $3,200 level ahead of this week’s $800 million ETH options expiry.
Traders pile into altcoins after Bitcoin price bounces at a key support
Protocol upgrades and a new cross-chain Ethereum bridge back the rally in TLOS, GNO and ALPHA.
SingularityDAO appoints Chris Poulin as CTO and head of AI
The merger between artificial intelligence and decentralized finance is growing. SingularityDAO focuses on creating AI-driven investment portfolios.
Five DeFi projects and Kraken tip in $250K each to support Eth2 client teams
The Ethereum Foundation will pass the donations on to open-source developer teams including Besu, Erigon, Geth, Nimbus and Nethermind.
Celsius becomes first CeFi or DeFi platform to cross $20B AUM
In March, research from Alpha Sigma Capital suggested that the platform would reach $30 billion in assets under management by the end of 2025.
DeFi protocol BENQI hits $1B TVL days after launching
Total value locked across DeFi is fast approaching record highs again, suggesting that crypto is in the second leg of its bull market.
AVAX Is Up 150% in a Week as Over $1B TVL Locked on BENQI
After launching on August 19th, the algorithmic liquidity protocol BENQI has already reached $1B in TVL. Meanwhile, the price of Avalanche’s native cryptocurrency has been soaring. Big Support for BENQI…
Poly Network Drama is Over: Hacker Returns the Remaining $141 Million
The Poly Network drama seems to be officially over as the hacker has returned the remaining $141 million, according to a blog post from the DeFi project. ‘Full Asset Restoration’…