DeFi News
Latest DeFi News
Hyperliquid’s native token, HYPE, which had been on an upward trend over the past few days, experienced a 20% price dip today, trading at $26.54, while its market cap dropped below $9 billion. Hyperliquid (HYPE) surged to a record high…
HYPE
Hyperliquid
Former college football player and United States House Republican candidate Bo Hines has been named the executive director of the Presidential Council of Advisers for Digital Assets by incoming President Donald Trump. Dubbed the “Crypto Council,” Hines will work alongside…
MOVE, the native token of the Ethereum layer-2 blockchain Movement, experienced a significant price rally outpacing the broader crypto market, which remained on a downward trajectory. Movement (MOVE) recorded the highest gains among the top 100 largest crypto assets on…
Prominent cryptocurrency and stock trading platform Robinhood continued to expand its meme coin offering with the listing of Bonk. According to a Dec. 20 announcement, the Solana-based meme coin will now be accessible to over 24 million Robinhood users. BONK…
Spot Bitcoin exchange-traded funds in the United States recorded $680 million in outflows on Dec. 19 as Bitcoin fell below $96k amid the Federal Reserve maintaining a cautious outlook on future interest rate cuts. According to data from SoSoValue, the…
The United States Securities and Exchange Commission has approved two spot cryptocurrency index exchange-traded funds. On Dec. 18, the SEC greenlighted the crypto index ETF proposal from Franklin Templeton, allowing it to trade on the Cboe BZX Exchange. The following…
Plume, a modular layer-1 blockchain for real-world asset finance, has raised $20 million in a Series A funding round, backed by prominent blockchain and crypto-focused venture capital firms. The Plume Network team announced that the round was led by Brevan…
Ethena Labs wants to integrate its staked synthetic dollar with World Liberty Financial, a DeFi protocol backed by President-elect Donald Trump.
Ink, a layer-2 blockchain developed by crypto exchange Kraken and built on the Optimism Superchain, is now live, with oracle platform RedStone as an official partner. The Ink Chain mainnet launched on Dec. 18, months ahead of the previously announced…
BTC
Bitcoin
Valour, the asset management business of DeFi Technologies, has launched its Hedera staking exchange-traded product on the Euronext Amsterdam. The ETP issuer announced on Dec. 18 that the 1Valour Hedera Physical Staking ETP had listed on the Euronext Amsterdam, expanding…
HBAR
Hedera
This year, the Crypto.news organizes an award among the best crypto projects. There will be two winners in each category — Crypto.news choice and Community choice. Winners will be announced on December 23rd. Awards feature projects nominated in the following…
Staking protocol Lido has announced a timeline for the sunsetting of its products on Polygon in the coming months. The Lido Finance team announced on December 16 that it plans to discontinue all operations on Polygon following a DAO forum…
Hedera has adopted Chainlink’s suite of smart data products to accelerate the growth of decentralized finance and tokenized real-world assets. The Hedera (HBAR) team announced on Dec. 16 that Chainlink (LINK)’s Data Feeds and Chainlink Proof of Reserve were now…
Ondo Finance coin continued its strong rally, reaching an all-time high on Monday, Dec. 16, as Donald Trump’s World Liberty Finance continued its buying spree. Ondo Finance (ONDO), one of the leading players in the tokenization industry, surged to a…
ONDO
Ondo
Fartcoin is up 22% in 24-hour trading and a whopping 164% on the week, leading to surge in interest among retail traders as Bitcoin hits a new ATH. According to data from Coingecko, Fartcoin (FARTCOIN) is currently trading at $0.78…
A new paper by the UK’s financial watchdog puts the brakes on the crypto industry; effectively banning the issuance of crypto offers by non-regulated entities. In a new report published on Dec. 16, the UK’s financial authority has outlined new…