DeFi

Chainlink Founder Predicts 100% DeFi Adoption by 2030

Decentralized finance (DeFi) is estimated to be about 30% adopted globally, with potential for full adoption by 2030.Regulatory clarity and institutional participation are key...

Stream Finance Collapse Sparks Major DeFi Stablecoin Vault Crisis

The collapse of Stream Finance caused a chain reaction, impacting various decentralized finance (DeFi) projects.Depositors in affected vaults faced losses, with some vaults on...

SUI Token Drops 9.2% After $116M Balancer DeFi Hack Fallout

The native token of the Sui blockchain, SUI, dropped sharply on Tuesday after falling below key support levels.SUI’s price fell 9.2%, reaching as low...

Balancer DeFi Hack Hits $129M Across Multiple Blockchains

Balancer suffered a smart contract exploit affecting its v2 liquidity pools across multiple blockchains.The ongoing hack has resulted in losses totaling approximately $129 million.The...

Japan Launches Yen-Backed Stablecoin to Boost DeFi Lending

Japan launched Asia’s first fully convertible yen-backed stablecoin, JPYC, enabling global circulation.The yen’s full convertibility supports a new blockchain-based carry trade linking DeFi yields...

USD.AI Bridges DeFi and AI with GPU-Backed Stablecoin Loans

A new stablecoin protocol converts crypto liquidity into loans for GPUs used in Artificial Intelligence (AI). The protocol’s synthetic dollar, USD.AI, is backed...

Crypto.com to Launch DeFi-Backed Loans in Morpho Partnership

crypto.com will offer customers loans backed by their cryptocurrency deposits.Lending protocol Morpho will power these loans and operate on the Cronos blockchain.The initiative follows...

Société Générale Integrates Stablecoins With DeFi Via Morpho

Société Générale enabled its euro and dollar stablecoins to work with major decentralised finance (DeFi) protocols.The bank’s institutional clients can now use Uniswap for...

Latest news

SpaceX switches to Nvidia, drops AMD; AMD’s CapEx doubles, stock dips

Advanced Micro Devices faced a double blow as Q2 capital expenditure more than doubled sequentially, while SpaceX CEO Elon...

AMD Earnings Surge 46% as AI Demand Fuels Beat

AMD reported adjusted earnings near $1.61 per share on revenue of roughly $11.31 billion, marking ~46% year-over-year growth and...

OpenAI Rebuts Apple Trade Secrets Lawsuit with Emails

OpenAI published a detailed rebuttal to Apple's trade secrets lawsuit, releasing emails and text messages.Apple misstated key facts before...