Category: DeFi Digest
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Pi Network testnet adds DEX and AMM for DeFi development
Pi Network enhances its testnet with decentralized exchange and automated market maker capabilities, advancing DeFi functionality for its ecosystem and expanding blockchain utility.
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Prediction markets double volume to $4.3 billion as Solana memecoin trading slumps
Prediction markets reached $4.3 billion in volume as Solana memecoin trading declined, indicating a shift in speculative activity toward event-based wagering platforms.
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Injective launches pre-IPO derivatives and distances from Robinhood offering
Injective introduces pre-IPO derivatives to expand decentralized finance offerings, distinguishing its platform from traditional brokers like Robinhood to enhance market accessibility.
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SUI Group partners with Ethena to launch stablecoins reducing USDC reliance
SUI Group’s partnership with Ethena diversifies stablecoin offerings, decreasing dependency on USDC and enhancing ecosystem resilience amid growing demand for decentralized financial instruments.
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Giza Tech partners with Lido Finance for staked Ether in Pendle markets
This partnership enables staked ETH liquidity deployment in Pendle’s yield markets, expanding DeFi utility for staked assets and enhancing capital efficiency across protocols.
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North Korean hackers steal $21 million from SBI using Tornado Cash
North Korean hackers stole $21 million from SBI using Tornado Cash, highlighting ongoing cryptocurrency security vulnerabilities and state-sponsored threats to financial institutions.
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Pi Network launches decentralized exchange and automated market maker for Pi Coin
Pi Network introduces decentralized exchange and automated market maker capabilities to enhance Pi Coin utility within its ecosystem, expanding functionality for users.
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Templar launches mainnet for permissionless Bitcoin-backed lending without trusted third parties
Templar’s mainnet enables decentralized Bitcoin-backed lending, eliminating intermediaries to enhance financial sovereignty and expand DeFi utility for Bitcoin holders.
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Trump-backed World Liberty Financial plans real world asset tokenization with USD1 stablecoin
World Liberty Financial’s RWA tokenization initiative with USD1 stablecoin pairing represents the growing intersection of political endorsement and blockchain-based asset digitization in financial markets.
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Trump-linked DeFi project World Liberty Financial emerges in cryptocurrency market
The emergence of a DeFi project linked to a prominent political figure highlights the growing intersection of cryptocurrency and political branding, potentially influencing market perceptions and adoption trends.
