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Aave repurchases 70,000 tokens, boosting DeFi lead
Aave DAO has repurchased 70,000 AAVE tokens, or 0.5% of its total supply, in less than six months of its token buyback initiative. In an Aug. 4 post on X, […]
Trump’s World Liberty Financial makes $10M push into Falcon USDf stablecoin
World Liberty Financial (WLFI), the DeFi initiative tied to President Donald Trump, has made substantial investments of over $11 million into Ethereum and a new stablecoin project this week. These […]
Near Protocol community rallies behind move to cut token inflation
A new proposal from HOT Protocol, a decentralized group operating on the NEAR Protocol, has called for a significant reduction in the AI crypto project‘s token inflation rate. On June […]
Cardano launches Cardinal to fuse Bitcoin liquidity with DeFi ecosystem
Cardano has taken a new step in bridging the gap between Bitcoin and decentralized finance by launching Cardinal. This protocol allows the top blockchain network to interact with Cardano’s DeFi […]
Ethereum Foundation embraces DeFi borrowing $2M in stablecoins on Aave using ETH collateral
The Ethereum Foundation (EF) has quietly taken a tactical step into DeFi by borrowing $2 million in GHO stablecoins using wrapped ETH (wETH) as collateral on the Aave protocol. Marc […]
Bitcoin DeFi protocol Liquidium’s rebrand and staking model propel LIQ token to new heights
Bitcoin-native DeFi protocol Liquidium has passed a major governance proposal introducing a new staking model tied to the platform revenue. The protocol’s native token LIQ has climbed over 73.3% since […]
Curve Finance moves to new domain after DNS attack exposes security risks
Curve Finance is moving permanently to a new web domain following a targeted DNS attack that exposed users to phishing risks. On May 13, the DeFi protocol confirmed that it […]
Ethereum: Are fundamentals there?
The following is a guest post and analysis from Shane Neagle, Editor In Chief fromThe Tokenist. Since the fertile but somewhat fraudulent initial coin offering (ICO) frenzy in 2017, Ethereum […]
Aave DAO greenlights $1 million weekly token buyback amid market decline
DeFi’s largest protocol, the Aave decentralized autonomous organization (DAO), has officially approved a $1 million token buyback initiative that will start on April 9. The proposal secured 439,000 votes in […]
Compound looks to emulate Uniswap with new foundation initiative
Compound Labs, the team behind the DeFi protocol Compound Finance, is considering launching a dedicated foundation to streamline operations and support the protocol’s long-term development. Compound is one of the […]