DeFi

The Senate votes to repeal the IRS DeFi broker rule

March 28, 2025 1 min read

The U.S. Senate has voted to repeal an IRS rule affecting decentralized finance (DeFi) platforms. This decision is seen as a significant win for the crypto industry. President Trump is expected to sign the bill into law by the end of the week. Supporters believe this will relieve pressure on DeFi developers and promote blockchain innovation. The Senate voted on March 26, passing H.J. Res. 25 with a strong 70-28

StaFi Protocol Proposes FIS Inflation Reduction, Igniting The Deflationary Era

March 27, 2025 4 mins read

In 2024, StaFi introduced a burn mechanism as part of its broader initiative to enhance the long-term sustainability of the protocol. Building on this foundation, a new proposal seeks to reduce the fixed inflation rate, aiming to improve overall network stability. The proposal outlines a phased approach to lowering FIS inflation, with the objective of aligning StaFi’s tokenomics with its transition toward an AI-powered Liquid Staking as a Service (LSaaS) framework. Inflation

DigiFT Collaborates with Invesco on Tokenized Solution

February 19, 2025 3 mins read

1.  DigiFT is collaborating with Invesco to offer a tokenized solution for accredited and institutional investors on DigiFT Singapore’s platform to get access to one of Invesco’s private credit strategies. 2.  It is the first and only token out of Singapore with daily trading that offers access to a private credit strategy.  DigiFT, a licensed on-chain exchange in Singapore is delighted to announce that the platform will offer a DigiFT token which

Swapping Crypto Easily with SimpleSwap in Tangem Wallet

February 15, 2025 3 mins read

Through a strategic collaboration between SimpleSwap and Tangem Wallet, users can now conduct cryptocurrency exchanges directly within their cold wallets. This seamless integration offers a frictionless and secure method to manage digital assets while maintaining full control over security and accessibility. The Benefits of SimpleSwap Integration in Tangem Wallet SimpleSwap is a non-custodial crypto exchange platform that streamlines the swapping process without requiring users to register. Here’s why integrating SimpleSwap into Tangem Wallet enhances the

Arweave launches the mainnet of its computing platform

February 9, 2025 1 min read

Arweave has launched the mainnet of its computing platform, AO, after a year of testing. This launch allows the native tokens, previously given to AR holders and testnet users, to be transferred. AO is described as a “hyperparallel computer,” which means it can process tasks simultaneously in a distributed computing environment. The operations of AO rely on Arweave’s permanent data storage, ensuring that data remains unchanged and always accessible. Sam

Sonic founder reveals he left DeFi in 2022 due to relentless SEC harassment

January 31, 2025 1 min read

Andre Cronje, the founder of Sonic, left the DeFi space in 2022 due to harassment from the SEC. He shared that the pressure from US regulators drained his energy and made it difficult for him to continue in the industry. Initially, the SEC’s inquiries were simple, focusing on investors and profits. However, these inquiries quickly escalated into aggressive demands. Despite not being a US citizen and having no business in

Bitget Expands Futures Portfolio with DEXEUSDT and 75x Leverage Support

December 26, 2024 2 mins read

Bitget, the leading cryptocurrency exchange, and Web3 platform, has launched DEXEUSDT-M perpetual futures for trading, effective December 24, 2024, at 19:30 (UTC+8). The new futures product supports up to 75x leverage and is compatible with futures trading bots, offering users enhanced opportunities to implement advanced trading strategies. Key Trading Parameters for DEXEUSDT Futures Bitget reserves the right to adjust trading parameters, such as tick size, leverage limits, and maintenance margin

Stabull Finance Launches Stablecoin and Real World Assets DEX on Ethereum and Polygon

December 15, 2024 4 mins read

Stabull Finance, a decentralized platform providing an alternative to SWIFT and CME for on-chain FX and tokenized commodity swaps, has officially launched on Ethereum and Polygon. The platform’s launch follows six months of beta testing, processing over $2 million in stablecoin swaps since October. Now open to the public, Stabull Finance invites stablecoin issuers and liquidity providers to participate in its liquidity pools and join us in bringing the multi-trillion-dollar FX

Axelar Selected by TON for Open Interoperability Across Web3

October 16, 2024 4 mins read

Axelar Foundation and the TON Foundation announced today that TON, the open network, will be integrating Axelar’s Mobius Development Stack (MDS) as an interoperability platform, following a comprehensive evaluation of cross-chain solutions. Axelar’s Interchain Amplifier technology offers secure, seamless integration, connecting the TON ecosystem with over 68 blockchains. This integration aims to boost TON’s scalability and drive new opportunities for mass adoption, while Web3 applications across the ecosystem gear up to leverage these

A decentralized custody marketplace launches an exchange with decentralized custody

August 8, 2024 1 min read

Figure Markets, a decentralized custody marketplace for digital assets, has launched the Figure Markets Exchange, aiming to create a single platform for seamless trading across a wide range of assets. The exchange, initially launched as a US onshore exchange, plans to expand to an offshore exchange later this year. Top-tier members will benefit from being paid to trade, discounted borrow rates, and other advantages. The Figure Markets Exchange offers decentralized

DeFi prediction platform Polymarket hits over $200 million in election bets

July 1, 2024 1 min read

Polymarket, a decentralized prediction platform, has accumulated more than $200 million in bets on the imminent US Presidential election, showcasing the incorporation of bitcoin into conventional financial norms. In June, the platform attained unprecedented levels of trading activity, reaching $111 million in trades. Analysts anticipate that by the end of the year, the platform’s trading volume might surpass $1 billion. The surge in volume also resulted in significant improvements in

Summer.fi DeFi platform announces the launch of $RAYS to reward users

June 20, 2024 1 min read

Summer.fi, a platform for decentralized money, has introduced $RAYS, a system of points created to motivate and compensate users for their active participation with the app and associated protocols. The reward program consists of three distinct phases: retroactive participation, retroactive points claiming, and the accumulation of $RAYS. A snapshot was captured on June 18th, 2024 to acknowledge both previous and present users, as well as individuals now utilizing other protocols