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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…

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Bitcoin L2 and Sidechain Networks Surge to $1.31 Billion in Locked Value

This year, Bitcoin layer two (L2) solutions and sidechains have gained incredible traction, with the top ten Bitcoin-based sidechains or L2 protocols now controlling a combined $1.31 billion in total…

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Trump Launches World Liberty Financial on X Spaces, Draws Criticism for Lack of Substance

Just one day after surviving a second assassination attempt, Donald Trump officially launched his long-anticipated cryptocurrency project, World Liberty Financial (WLF), through a live X Space event. However, the launch…

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Experts: Defi Thrives Where Banks Falter, Fragmentation a Hurdle

The rise of decentralized finance is particularly strong in regions with weak banking systems, such as Sub-Saharan Africa, Latin America, and Eastern Europe. Experts believe this is because defi offers…

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Liquid Staking Absorbs 400,000 ETH, Closing in on 14M Mark

According to the latest figures, over the past 38 days, starting from Aug. 10, 2024, the total value locked in decentralized finance (defi) protocols has slipped by $5.07 billion. Despite…

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Bitcoin L2 BOB Launches ‘One-Click’ BTC Staking Solution

BOB (Build on Bitcoin), a hybrid layer two (L2) solution integrating Bitcoin and Ethereum, has launched BOB Stake, a new one-click bitcoin staking product. The platform allows users to stake…

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Flare Network launches Flare Time Series Oracle v2 to boost performance, security, and scalability

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Flare Network's FTSOv2 enhances blockchain data access, potentially revolutionizing dApp performance, security, and scalability across various sectors. The post Flare Network launches Flare Time Series Oracle v2 to boost performance,…

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