Zubin Koticha, the co-founder of Opyn, a decentralized finance (DeFi) option protocol firm, has announced to step down as the Chief Executive Officer (CEO) amid
Category: Defi
Mantle Network Launches Yield Token USDY with Ondo Finance
Mantle Network has integrated with Ondo Finance to introduce USDY, a yield-generating token underpinned by tangible assets. This new financial instrument aims to offer a
Coinbase and OKX Have Partnered to Launch Blockchain Gaming Token BIGTIME
Coinbase, one of the largest cryptocurrency exchanges globally, has revealed the decision to include Big Time (BIGTIME) on spot market. This exciting project has been
CFTC Chair Pushes for DeFi Regulation Amid Industry Tensions
The Commodity Futures Trading Commission (CFTC) is focusing on decentralized finance (DeFi). A month after resolving charges against major DeFi protocols, CFTC Chair Rostin Behnam
Solana Price Prediction As Network Reignites Interest In DeFI, Will SOL Rally?
Solana continued to fall within a descending channel that has been developing since mid-July. The smart contracts token encountered a tough resistance at $28 which
DeFi Fights Patent Trolls Threatening Crypto Innovation
Last week, the DeFi Education Fund (DEF) swung into action, filing a petition with the U.S. Patent and Trademark Office. Significantly, this move comes after
CFTC Charges DeFi Protocols
On September 8th, the U.S. Commodity Futures Trading Commission (CFTC) resolved charges against three decentralized finance (DeFi) companies. According to the CFTC, Opyn, ZeroEx, and
Why 1inch’s $48 million withdrawal failed to move markets
During the trading session of 28 August, 1inch Investment Fund purchased ETH worth $10 million. The market, however, failed to react, as 1INCH’s price remained
Binance Labs Partners with Pendle Finance to Boost DeFi Yield Potential
Binance Labs, the influential venture division of Binance, has announced a strategic investment in Pendle Finance. This move underscores Binance’s growing interest in the DeFi
Aave eyes Base as new home for V3 in the wake of Curve hack
A proposal for the launch of Aave’s V3 iteration on Base has been approved by community members. AAVE sees increased distribution, putting downward pressure on
