DeFi protocol Ethena Labs, the creator of yield-earning stablecoin USDe, has displayed commendable surges on the charts ever since the ENA token launch. The protocol’s token jumped 103% and the overall TVL rose 45%. In the last 24 hours, following the Ethena Labs’ announcement of a 50% reward increase for
In the ever-evolving landscape of decentralized finance (DeFi), innovation is the driving force behind transformative change. Amidst this landscape, Kelp (KELP) emerges as a beacon of promise—a project committed to ushering in a new era of DeFi characterized by security, scalability, and user-centric innovation. With its low market cap and
In light of the recent uptick in activity on the dYdX decentralized crypto exchange (DEX), the community has decided to stake 20 million DYDX tokens in an effort to beef up security. Staking tokens from the community treasury, which are now worth over $61 million at current prices, using the
There has been talk of a potential vote by Aave Chan Initiative founder Marc Zeller to activate a “fee switch” on the Aave DeFi (Decentralized Finance) platform. The Aave DAO’s yearly net gains are about $60 million, and Zeller’s article on X hinted at some thoughts that it may influence
This new Solana meme coin, called HUMP, is quickly making a name for itself. It promises to change the way decentralized finance (DeFi) works with a mix of new ideas, community freedom, and a bit of fun. HUMP’s amazing 2500% rise isn’t just a passing fad; it shows how popular
In an era where innovation defines the future, Kelp (KELP) emerges as a pioneering force, amalgamating Artificial Intelligence (AI), cryptocurrency, and decentralized finance (DeFi) into a cohesive, new financial system. This revolutionary blend heralds a transformative shift, promising to redefine our interaction with financial services, asset management, and investment strategies.
$HUMP token has emerged as a formidable contender in the fast-paced world of decentralised finance (Defi). Positioned as a rival to established players like WIF, $HUMP has captured the imagination of investors and enthusiasts alike, experiencing an unprecedented surge in value as trading ignites on Raydium. The Genesis of Hump
An individual or group claiming to be a “white-hat” hacker who is interested in returning the funds into the Prisma Finance protocol, as opposed to a “black-hat” hacker who would retain the funds for themselves, was one of the wallets associated with the $11 million Prisma Finance hack that occurred
The cryptocurrency market is booming, fuelled by excitement and the prospect of a bull run following Bitcoin’s halving. This can be intimidating as well as exhilarating for novice investors. Although the prospect of large profits is alluring, understanding the intricate world of cryptocurrency demands caution and knowledge. Here, we examine
Unstable Protocol is working to revolutionize the rapidly growing Liquid Restaking Token Finance (LRTfi) space, having raised $2.5 million in its most recent seed investment round. Several ETH-aligned funds, including Lattice, Laser Digital (Nomura Group), Blockchain Founders Fund, Assouline Ventures, Agnostic Fund, Artichoke Capital, Black Edge Capital, NewTribe Capital, and
