Category: DeFi & DApps
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Conflux Launches Offshore Yuan-Backed Stablecoin for Countries in China’s Belt and Road Initiative – News Bytes Bitcoin News
Conflux launches an offshore yuan-backed stablecoin to support cross-border payments for China’s Belt and Road Initiative, partnering with Anchorx for wider adoption.
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How SpacePay Could Make Crypto Spendable Everywhere: SPY Token Presale Crosses $1 Million
SpacePay aims to make crypto payments as easy as cash or cards, with its SPY token presale surpassing $1 million. The system works with existing wallets and Android payment machines, offering instant fiat settlement and strong security.
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Jito Labs Launches BAM To Bring ‘Liquid Internet Markets’ on Solana
Jito Labs introduces BAM, a next-gen block-building system for Solana, enhancing transaction privacy and reducing MEV. It aims to improve tokenized equity trading with institutional-grade features.
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Galaxy Digital Claims Futarchy Model Can Give DAOs ‘Stronger Chance of Success’ – “The Defiant”
Galaxy Digital advocates for futarchy, a market-based DAO governance model, claiming it offers clearer decision signals and aligns holder interests, with MetaDAO already implementing it on Solana.
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XRP Ledger (XRPL) Sees 2,260% Surge in Tokenized RWAs, Driven by Growing Institutional Demand
Tokenized RWAs on XRP Ledger surged 2,260% to $118M, driven by institutional demand. XRPL’s DeFi TVL rose 57% to $86.66M, with low fees and 1.77M daily transactions boosting adoption.
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Amped Finance, a Leading Protocol on Sonic Network, Gears Up for IDO ETHNews
Amped Finance, a DeFi protocol on Sonic Network, prepares for its IDO launch. The $AMPED token offers governance and revenue-sharing, with the IDO hosted on Atlantis from July 21-24, 2025.
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DeFi Development Corp hits 999,999 SOL, Solana soars 12%
DeFi Development Corp nears 1M SOL in treasury after $198M purchase, boosting Solana’s price by 12%. The firm plans more buys, citing SOL’s yield and volatility as key to its strategy.
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Aave treasury just hit $125 mln, but a price rise depends on Ethereum
Aave’s DAO treasury reached $125 million, a 123% YoY increase, with 44% in stablecoins, 41% in ETH, and 15% in DeFi tokens. Ethereum’s price rise could boost Aave’s borrowing demand and revenue.
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Nasdaq Firm DeFi Dev Corp. Hits 999,999 SOL Treasury Mark – Crypto News Bitcoin News
DeFi Development Corp. has amassed 999,999 Solana tokens in its treasury, adding 141,383 SOL recently. The Nasdaq-listed firm continues expanding its Solana holdings.
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The Business of Memes: Inside the Solana Meme Coin Factory Pump.Fun – Decrypt
Pump.fun, a Solana meme coin launchpad, has generated $774M in revenue but faces slowing growth and competition. Despite raising $600M in an ICO, its PUMP token struggles to maintain value.
