Decentralized trading platform Jupiter begins JUP token buyback
Jupiter has started its JUP token buyback, acquiring 4.88M tokens for $3.33M. The buyback will use 50% of protocol fees to lower token supply. The goal is to enhance JUP’s value via supply reduction, aligning with DeFi practices. Jupiter, a leading decentralized exchange (DEX) aggregator on the Solana blockchain, has officially launched its first buyback […]
Mavryk Dynamics raises $5M to build its RWA L1 blockchain ecosystem
Mavryk Dynamics is developing an RWA-focused L1 blockchain dubbed Mavryk Network. The Mavryk Network testnet is already live with a Token Generation Event (TGE) coming soon. Top VCs backing Mavryk include Ghaf Capital, Big Brain, and MetaVest Capital. Mavryk Dynamics, the team behind the Mavryk Network, has successfully raised over $5.2 million to develop the […]
Bitflow brings AI-powered DeFi to Stacks with Automated DCA for Bitcoin and Runes
Bitflow launches Automated Dollar-Cost Averaging (DCA) for Bitcoin and Runes investments on Stacks. The AI-powered DCA enables trustless, recurring investments. Future plans include adding yield strategies and cross-layer flows. Bitflow, a decentralized exchange built on the Stacks ecosystem, has unveiled Automated Dollar-Cost Averaging (DCA), a groundbreaking feature that introduces AI-driven investment strategies to Bitcoin and […]
DeFi platform MANTRA Finance obtains VASP license in the UAE
MANTRA has secured a VASP license in UAE from VARA. MANTRA can now offer its DeFi products to both institutional clients and qualified investors within the UAE. The OM token, which has been on a strong bullish trend, jumped by 3% after the license announcement. MANTRA Finance has successfully secured a Virtual Asset Service Provider […]
Lido Dao (LDO) and iDEGEN emerge as top choices for investors
Lido DAO’s v3.0 upgrade has caused the price of LDO to rise by 24% to $1.93. iDEGEN’s AI-powered memecoin presale has raised $23.2M. iDEGEN’s token is expected to debut on exchanges on February 27. Lido DAO, a decentralized staking solution, and iDEGEN, an AI-powered memecoin, are capturing widespread attention with their unique approaches to their […]
CrossFi successfully passes AML audit by CityLinkers
CrossFi has passed a rigorous AML audit conducted by CityLinkers. The audit confirms compliance and boosts trust among potential investors. CrossFi’s CEO sees the audit’s success as a result of the company’s commitment to ethics. CrossFi, a trailblazer in decentralized finance (DeFi), has passed a rigorous Anti-Money Laundering (AML) audit conducted by the esteemed advisory […]
Coinbase introduces USD Coin (USDC) loans using Bitcoin as collateral
Coinbase has introduced USDC loans with Bitcoin as collateral. The loans are available for US customers. The loans have no fixed repayment and they auto-adjust based on the activities on Base. In a move to expand its decentralized finance (DeFi) offerings, Coinbase has introduced a novel service allowing its US customers (excluding those in New […]
Binance to list Solv Protocol’s native token SOLV next week
SOLV token to be listed on Binance on January 17, 2025, with four trading pairs. Solv Protocol focuses on Bitcoin staking to boost DeFi integration and liquidity. Besides listing, Binance has also invested in Solv Protocol. Binance, one of the world’s leading cryptocurrency exchanges, has announced its plan to list Solv Protocol’s native token, SOLV, […]
Binance to list Solv Protocol’s native token SOLV next week
SOLV token to be listed on Binance on January 17, 2025, with four trading pairs. Solv Protocol focuses on Bitcoin staking to boost DeFi integration and liquidity. Besides listing, Binance has also invested in Solv Protocol. Binance, one of the world’s leading cryptocurrency exchanges, has announced its plan to list Solv Protocol’s native token, SOLV, […]
Lido Finance to discontinue its products on Polygon starting Dec. 16
Lido Finance will end Polygon staking operations starting December 16, 2024. Users must unstake MATIC before June 16, 2025, to avoid using explorer tools. The decision is due to low adoption, zkEVM transition, and focus on Ethereum. Lido Finance, the largest liquid staking protocol in the decentralized finance (DeFi) ecosystem, has announced plans to sunset […]