DeFi

BounceBit to Launch CeDeFi V2 Platform with...

BounceBit V2 will improve its CeDeFi platform with expanded DeFi, AI, and gaming features. The launch serves as BTCfi, which allows Bitcoin staking...

Radix Cuts Workforce by 15% in Strategic...

Radix is reducing staff by 15% to save money and concentrate its strategy. CEO Piers Ridyard guarantees major projects will proceed without interruption. Radix,...

ParaFi Capital Raises $120 Million to Invest...

ParaFi Capital, a digital asset management firm based in New York, has successfully raised $120 million from investors, including Theta Capital Management and Accolade...

Maker Rebrands to Sky, Replaces DAI With...

Household DeFi protocol Maker replaced its decentralized DAI stablecoin with centralized USDS as it rebranded to Sky. Users are not happy. DeFi lending protocol,...

Celsius Has Refunded $2.5 Billion to Two-Thirds...

Celsius has repaid 251,000 creditors, with 121,000 left to go. So far, it has paid 93% of the funds it owes. The defunct crypto...

PayPal Teams Up with Anchorage to Launch...

PayPal collaborates with Anchorage Digital to offer interest rewards on PYUSD holdings. The initiative is meant for institutional investors who operate outside of...

12,000 Bitcoin Removed from USDD Reserves, Sun...

Tron founder Justin Sun has downplayed concerns following the removal of 12,000 Bitcoin, worth over $729 million, from the reserves backing Decentralized USD (USDD),...

Taiko Partners with MeridianFi for Enhanced Lending...

Taiko, an Ethereum-based permissionless rollup, has announced a strategic partnership with MeridianFi, a decentralized protocol for stablecoin lending and borrowing. This partnership is expected...

Eigen Labs Motivated EigenLayer-Related Projects to Airdrop...

Eigen Labs employees collected $5 million in airdrops from projects launched in the EigenLayer ecosystem. These airdrops have engendered conflicts of interest doubts,...

Jump Crypto Moves Over $45 Million Worth...

Jump Crypto previously sold hundreds of millions of dollars of ETH. This coincided with ETH’s price not breaking through to the next level,...