Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
DeFi
Dusa Labs Elevates the DeFi Experience with Sayfer’s Smart Contract Expertise
Tel Aviv, Israel, July 2nd, 2024, Chainwire Dusa Labs, a pioneering DeFi protocol built on the Massa blockchain, has partnered with Sayfer to ensure the utmost security of its innovative platform. This strategic collaboration leveraged Sayfer's extensive expertise in smart contract auditing, fortified the Dusa protocol, and set a new standard for secure and trustworthy DeFi experiences. Dusa Labs stands at the forefront of the DeFi revolution with its pioneering development of the first fully decentralized trading protocol on the…
11 months ago
Lif3.com partners with evmOS to deploy “Lif3 Chain,” first Layer-1 solution with curated DeFi contracts
Roadtown, British Virgin Islands, July 2nd, 2024, Chainwire Lif3.com (LIF3/USD)(LIF3/USDt), the revolutionary omni-chain DeFi Layer-1 ecosystem that operates on Ethereum, Polygon, BNB Chain, and Fantom through LayerZero bridging, is thrilled to announce its premier partnership with evmOS to launch the world's first Layer-1 solution, “Lif3 Chain” designed for public permissionless use with curated contract deployment. The partnership sets a new standard in blockchain technology, DeFi safety, allowing for seamless, secure, and efficient deployment of smart contracts while maintaining the highest…
11 months ago
Athena Ins Introduces Decentralized Insurance for DeFi Risks
PARIS, France, July 2nd, 2024, Chainwire Athena Ins is transforming the decentralized insurance landscape with its advanced protocol, providing users with the means to insure against decentralized finance (DeFi) risks. This innovative platform allows individuals to subscribe to insurance coverage protecting their DeFi investments from various threats, including hacking, smart contract vulnerabilities, and stablecoin instability. Unlike traditional insurers, Athena Ins operates through smart contracts, eliminating the need for centralized intermediaries and ensuring transparency and decentralization. Users can easily secure their…
11 months ago
IOTA Grants Update: $2.74M Awarded to 25 Projects in DeFi, NFT, and SocialFi
The IOTA Grants Program has announced funding for 26 out of 99 applications, totaling $2,744,000, to support various DeFi projects, including lending, NFT marketplaces, SocialFi, and tooling. Take a look at the exciting news about the five projects below that have been beneficiaries of the IOTA Grants program. The IOTA Ecosystem DLT Foundation’s Grants Program continues to support innovation in the digital asset space. To better inform the community, the Foundation will now provide updates more frequently. In the latest round…
11 months ago
Defi Protocol Pendle’s TVL Drops Sharply Over 40%
The post Defi Protocol Pendle’s TVL Drops Sharply Over 40% appeared first on Coinpedia Fintech News Pendle’s TVL has dropped sharply over the past week from $6.2 billion to $3.7 billion, sliding more than 40% in one week. The broader market as well is experiencing a downturn as cryptocurrencies struggle with sell-off pressure. The decline in Pendle TVL also comes amid the maturation of multiple liquid staking markets within the DeFi project’s ecosystem. Impacted markets that saw huge pool tokens…
11 months ago
The Crypto AI Tokens Disrupting Ethereum DeFi with their Potential For 3,000% ROI
The post The Crypto AI Tokens Disrupting Ethereum DeFi with their Potential For 3,000% ROI appeared first on Coinpedia Fintech News In the coming years, the crypto AI market will take a huge portion of the value from other digital assets. Uniswap (UNI) and Aave (AAVE) are two of the biggest Ethereum DeFi projects in the crypto industry, and their platforms already feature some AI functionalities that could see them surge by 3,000%. In this context, RCO Finance (RCOF), on…
11 months ago
Ethereum DeFi Follows Triangle Formation That Hints At 800% Rally For AAVE, RCOF, and MKR
The Ethereum DeFi sector is witnessing a significant technical pattern—an ascending triangle formation—that indicates a potential 800% rally for prominent DeFi tokens such as Aave (AAVE), RCO Finance (RCOF), and Maker (MKR). As the crypto market buzzes with anticipation, it is essential to understand the unique value propositions of these tokens and why RCO Finance (RCOF) stands out as the top choice for savvy investors. RCO Finance AI-Powered DeFi Revolution RCO Finance (RCOF) is an ERC-20 DeFi token making a…
11 months ago
Best Performing DeFi Tokens To Buy This Week
The post Best Performing DeFi Tokens To Buy This Week appeared first on Coinpedia Fintech News With the crypto market anticipating a bullish comeback in Bitcoin prices from $60,000, the declining sentiments gradually come to a halt. Under such conditions, the DeFi tokens are starting to shine, teasing a potential surge in the coming week. Further, amongst the top performers, JUP, CFX, and AVAX rank as the top-performing DeFi tokens today. Thus, these altcoins offer a lucrative entry opportunity to…
12 months ago
Kain Warwick: From Punk Rocker to DeFi Innovator and Synthetix Founder
Kain Warwick transitioned from punk rock to founding Synthetix, a leading DeFi platform. Infinex aims to make DeFi more accessible by reducing user friction in trading. It is anything from conventional how Kain Warwick rose to prominence in the decentralized finance (DeFi) industry. Warwick was fascinated with computers from his early years, having been born with a love of technology. He was clearly exhibiting an entrepreneurial drive by the time he was sixteen, when he was already providing additional cash…
12 months ago