DeFi

BIMA, a decentralized finance (DeFi) platform focused on Bitcoin (CRYPTO: BTC)-backed stablecoins, announced on Monday the launch of real-yield vaults for its USBD stablecoin in collaboration with Bracket, a DeFi strategy provider supported by Binance Labs. The partnership will allow BIMA users to...

Billionaire investor Tim Draper predicted Bitcoin’s (CRYPTO: BTC) complete dominance over the dollar within the next five years on Wednesday, driven by what he sees as unprecedented innovation on the network. What Happened: In an X post, Draper, a renowned venture capitalist and long-time...

Stacks (CRYPTO: STX), a Bitcoin (CRYPTO: BTC) Layer-2 token, has witnessed a significant spike over the last week, joining some of the market's biggest gainers. What happened: STX soared over 25% to become the third-most successful cryptocurrency in the last seven days. The gains widened after an 8...

Coinbase Global Inc. (NASDAQ:COIN) on Tuesday launched Verified Pools, a new initiative designed to improve transparency and security in decentralized finance (DeFi) liquidity pools. The move comes amid growing scrutiny of risks associated with DeFi platforms, particularly regarding opaque...

The relationship between decentralized finance and the broader vision of Web3 is rapidly evolving, according to Sergej Kunz, co-founder of 1inch. In an interview with Benzinga, Kunz said that DeFi’s core functions are actually defining much of Web3 and envisions opportunities for mutual...

World Liberty Financial, a cryptocurrency project backed by President-elect Donald Trump, continued to add momentum to the coins it was purchasing. What happened: ONDO, a tokenization-themed cryptocurrency, zoomed over 11% to record-breaking highs, becoming the fourth-biggest market gainer over the...

World Liberty Financial, a cryptocurrency project backed by President-elect Donald Trump, purchased Ethereum (CRYPTO: ETH) worth $10 million on Wednesday. What Happened: According to on-chain tracking platform Lookonchain, World Liberty Financial spent $10 million worth of stablecoin USD...

Justin Sun, the founder of the TRON (CRYPTO: TRX) blockchain, announced a $30 million investment in President-elect Donald Trump-backed cryptocurrency project World Liberty Financial (WLFI), lending support to the “Make America Great Again” movement. What Happened: On Monday,...

The legal counsel for former President Donald Trump’s new cryptocurrency venture, World Liberty Financial (WLFI), a new decentralized finance (DeFi) platform has been accused of trying to seize control of another digital asset company. What Happened: Alex Golubitsky, the general...

Former President Donald Trump's hotly anticipated cryptocurrency venture has a launch date, and it has come straight from the horse's mouth. What happened: Trump released a video from his official X handle Thursday, announcing that the World Liberty Financial project would be launched on X spaces...

Bitcoin-powered blockchain Core Foundation launched a liquid staking token pegged to Bitcoin (CRYPTO: BTC) as an innovative solution for addressing challenges that have long plagued the DeFi space. What Happened: Core Foundation's LstBTC is an ERC-20 liquid staking token and pegged 1:1 with Bitcoin...

Popular decentralized finance (DeFi) tokens were among the market's top gainers Wednesday on the back of significant developments in their respective spheres. What happened: The native token of leading lending and borrowing capital Aave pumped over 7% to become the second-best performing...

Former President Donald Trump’s upcoming cryptocurrency project, World Liberty Financial, expressed its commitment to promoting the mass adoption of dollar-pegged stablecoins to uphold U.S. financial supremacy. What Happened: On Wednesday, the team behind the hotly-anticipated decentralized...

New details emerged about former President Donald Trump’s closely guarded cryptocurrency venture, World Liberty Financial. What Happened: According to a CoinDesk report published on Tuesday, the project shares similarities with Dough Finance, a borrowing and lending decentralized financial...

Republican presidential candidate Donald Trump teased a plan Thursday that would make the U.S. the "crypto capital of the planet," while also promoting the family-backed cryptocurrency project, World Liberty Financial. What happened: In an X post this morning, Trump shared a video with his...