defiprime
@defiprime
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defiprime
16.6K subscribers
defiprime
https://www.theblock.co/post/328514/defi-derivatives-protocol-cega-to-sunset-platform-by-end-of-year-following-acquisition
The Block
DeFi derivatives protocol Cega to sunset platform by end of year following acquisition
Cega announced it has been acquired by a "leading platform" that chooses to remain private, according to one team member.
1.93K views
defiprime
https://blockworks.co/news/ofac-tornado-cash-sanctions-ruled-unlawful
Blockworks
Appeals court rules against OFAC, says Tornado Cash sanctions unlawful 
OFAC sanctioned Tornado Cash in 2022, claiming the mixer had been used to launder more than $7 billion in crypto.
🔥5
2.25K views
defiprime
https://hyperfnd.medium.com/hype-genesis-1830a4dc2e3f
Medium
HYPE Genesis
HYPE is the native token of the Hyperliquid blockchain.
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1.93K views
defiprime
https://cointelegraph.com/news/coinbase-europe-users-frustrated-usdc-yield-scrapped-mica
Cointelegraph
Europe’s Coinbase users frustrated as MiCA forces sunset of USDC yield
Coinbase is cutting USDC yields for users in many European countries, citing compliance with the region’s wide-ranging MiCA crypto laws.
1.87K views
defiprime
https://www.theblock.co/post/328728/memecoin-momentum-fades-as-defi-tokens-soar
The Block
Memecoin momentum fades as DeFi tokens soar, price data suggests
Market participants may be moving away from memecoins back to tokens with fundamentals, one analyst told The Block.
1.85K views
defiprime
https://www.theblock.co/post/328769/hyperliquid-airdrops-over-1-2-billion-worth-of-tokens-to-users-as-hype-crosses-4-billion-fdv
The Block
Hyperliquid airdrops over $1.2 billion worth of tokens to users as HYPE crosses $4 billion FDV
HYPE, the native token of HyperLiquid, has surged over 11% since launch to $4.40, driving its FDV to $4.2 billion.
2.08K views
defiprime
https://www.theblock.co/post/328809/ethena-securitize-pitch-upcoming-blackrock-fuelled-stablecoin-sparks-1-billion-tokenization-play
The Block
Ethena and Securitize pitch upcoming BlackRock-fueled stablecoin in Spark's $1 billion tokenization play
Stablecoin issuer Ethena is pitching its upcoming stablecoin USDtb for Spark’s competition to bring $1 billion in tokenized assets to Sky.
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2.15K views
defiprime
https://www.theblock.co/post/329165/sonic-labs-says-its-layer-1-blockchain-will-go-public-soon-after-taking-a-snapshot-for-the-s-token-airdrop?utm_source=rss&utm_medium=rss
The Block
Sonic Labs says its Layer 1 blockchain will 'go public' soon after taking a snapshot for the S token airdrop
Earlier in the day, the team wrote that they were “Summoning the Sonic mainnet" and that blockchain will go "public" soon.
2.55K views
defiprime
https://www.theblock.co/post/329173/safe-launches-safenet-to-unify-liquidity-and-user-interactions-across-blockchains
The Block
Safe rolls out 'Safenet' to unify liquidity and user interactions across blockchains
Safe has launched Safenet, a transaction processor network enabling the management of assets across multiple blockchains.
1.72K views
defiprime
https://watcher.guru/news/donald-trump-appoints-pro-crypto-paul-atkins-as-new-sec-chair?c=942
Watcher Guru
Donald Trump Appoints Pro Crypto Paul Atkins as New SEC Chair
Donald Trump has announced the new SEC Chairman under his incoming administration, taking over for the recently resigned Gary Gensler
1.83K views
defiprime
https://blockworks.co/news/defi-superapp-competitor-to-aave-uniswap
Blockworks
DeFi superapp Fluid is coming for Aave and Uniswap’s lunch
Innovative smart debt and collateral features are fueling Fluid’s rise to $1.2 billion TVL, reshaping the Instadapp brand.
2.28K views
defiprime
https://www.theblock.co/post/329504/defi-app-funding-token-valuation
The Block
DeFi.app raises $2 million seed round at $100 million token valuation
DeFi.app, branding itself as "the Robinhood of DeFi," has raised $2 million in a seed funding round at a $100 million token valuation.
2.28K views
defiprime
https://www.theblock.co/post/329495/circle-backed-layer-1-xion-launches-mainnet-gamified-token-airdrop-mechanism
The Block
Circle-backed Layer 1 Xion launches mainnet and gamified token airdrop mechanism
Xion secured $25 million in a Series A round in April, having previously raised $11 million from Circle Ventures, Animoca Brands and others.
2.05K views
defiprime
https://keyrock.com/from-locked-to-liquidity-what-16000-token-unlocks-teach-us/
Keyrock
From Locked to Liquidity: What 16,000+ Token Unlocks Teach us? - Keyrock
Every week, over $600M worth of locked tokens are unlocked and enter circulation. Understanding how Unlocks impact the market is your strategy edge.
1.84K views
defiprime
https://www.bloomberg.com/news/articles/2024-12-05/usdc-stablecoin-issuer-circle-makes-layoffs-seeks-ai-led-boost
Bloomberg.com
Stablecoin Issuer Circle Internet Financial Makes Some Job Cuts
Circle Internet Financial Ltd., the issuer of the second-largest stablecoin in the cryptocurrency sector, said it made layoffs as part of a regular review of operations.
1.76K views
defiprime
https://www.coindesk.com/markets/2024/12/05/top-nft-brand-pudgy-penguins-to-release-pengu-token
CoinDesk
Exclusive: Pudgy Penguins to Release a Token Called PENGU
Top NFT collection Pudgy Penguins is releasing its own token called PENGU.
1.95K views
defiprime
https://www.gauntlet.xyz/resources/staking-stablecoins-assessing-the-economic-security-of-stablecoin-collateral-in-restaking
www.gauntlet.xyz
Staking Stablecoins — Assessing the Economic Security of Stablecoin Collateral in Restaking - Gauntlet
In this research blog, we examine the role that stablecoins, like USDC, can play in supporting cryptoeconomic security within restaking.
1.97K views
defiprime
If you haven’t checked out the new dYdX MegaValut, you’re missing out on some great APR opportunities.

The platform also offers trading with up to 50x leverage, making it perfect for those who like to take calculated risks.

It’s worth a try—see what you think!
dYdX Chain
dYdX Chain - Leading Decentralized Platform for Crypto Perpetual Trading
Experience the future of decentralized finance with dYdX Chain, the premier platform for secure, transparent, and efficient perpetual trading in the DeFi Space.
🎉2
1.63K views
defiprime
defiprime pinned «If you haven’t checked out the new dYdX MegaValut, you’re missing out on some great APR opportunities. The platform also offers trading with up to 50x leverage, making it perfect for those who like to take calculated risks. It’s worth a try—see what you…»
defiprime
https://www.theblock.co/post/329856/stablecoins-are-taking-the-us-dollar-global-but-for-how-long
The Block
Stablecoins are taking the US dollar global — but for how long?
The stablecoin industry will become increasingly fragmented in the coming years as the number of issuers proliferates.
2.81K views