DeFi
PancakeSwap Expands to zkSync Era Network
The DEX, initially launched on BNB Chain, is now available on five blockchains.
DeFi Daily Volume Dwindles to 7-Month Lows as Sector Endures Downswing
On Sunday, the entire DeFi market racked up just $1.12 billion in transactional volume, marking the lowest daily total since January 1, according to DefiLlama. "The Hash" panel discusses what this suggests about the future of open finance.
Italy’s Central Bank Taps Polygon, Fireblocks DeFi Project to Help Institutions Dabble With Tokenized Assets
The initiative aims to help Italian banks, asset managers and financial institutions, including the $1 trillion banking group Intesa Sanpaolo, experiment with decentralized finance and security tokens.
DeFi Daily Volume Dwindles to 7-Month Lows as Sector Endures Downswing
Sunday marked the lowest daily volume across DeFi since the turn of the year.
Several Top DeFi Assets Moved Higher This Week Despite Pullback Across Broader Market: CMI Data
CoinDesk Market Index data reveals the broad market index moved lower this week, as only 25 of 183 assets returned positively, with 52 outperforming bitcoin. This comes as several top DeFi assets have moved higher during the same time period, despite the pullback across the broad market. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."
DeFi Headed Toward a ‘Major Resurgence,’ Tribe Capital’s Boris Revsin Says
The managing partner of the $1.6 billion investment firm says infrastructure is the key to transforming crypto into a $10 trillion industry.
ZkSync's Largest Lender Struck by $3.4M Exploit
EraLend said the threat has been contained, but advises against deposits.
Elon Musk Rebrands Twitter to X, Spurring Scores of Wannabe Tokens
One token zoomed 1,200% even though its related project closed in May, data shows.
DeFi Project Parrot Holds Contentious Vote on Future of $70M Treasury
The redemption plan for the protocol appears to heavily favor employees and Parrot’s venture investors.
Examining Token Trends Before and After Unlock Events
The Tie recently conducted a study of over 350,000 unique unlock events involving more than 100 tokens. The team examined white papers, blog posts, vesting contracts, public forums, and private communications for each token. The Tie Director of Content Lawrence Lewitinn breaks down the key findings of the study. Plus, insights on valuing decentralized finance (DeFi) using revenue multiples.
