Tag: DeFi
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Africa Doesn’t Need Another Wallet App: It Needs a Seat at the Table (Op-ed)
The article critiques Western crypto firms for imposing pre-made solutions in Africa without understanding local needs, advocating for local-led development to address real financial challenges.
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Former Riot, Blizzard Game Developers Raise $30.5M to Build AAA Shooter on Etherlink, Tezos L2
Veteran game developers from Riot, Blizzard, and other studios raised $30.5M to build a AAA shooter on Etherlink, a Tezos L2. The game features PvPvE gameplay, blockchain-based ownership, and will launch on major platforms.
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Near Protocol faces pivotal vote to slash token inflation by half
NEAR Protocol faces a crucial vote to reduce token inflation from 5% to 2.5%, aiming to enhance sustainability and competitiveness by addressing supply growth and staking yields.
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From Chaos to Composability: Enso’s Connor Howe on Rethinking Web3 Infrastructure
Enso CEO Connor Howe discusses the evolution from social DeFi to a Web3 intent engine, highlighting pivots, $3B milestone, and simplifying on-chain development through abstraction and composability.
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Crypto-Native Asset Managers Grow From $1 Billion to Over $4 Billion in Onchain Capital
Crypto-native asset managers have grown from $1B to over $4B in onchain capital, driving DeFi evolution with risk management and advanced strategies, as institutional interest rises.
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Ripple Plans To Take 14% Of SWIFT Volume, USDC Lands On XRPL – What Does This Mean For XRP Price?
Ripple CEO predicts XRP could capture 14% of SWIFT’s trading volume by 2030, while USDC launches on XRPL, potentially boosting XRP’s price due to increased utility and liquidity.
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Solana-Linked $1 Billion DeFi Dream Crushed By SEC Intervention
DeFi Development Corp. withdrew its $1 billion SEC filing after missing a required internal controls report. The funds were intended for Solana token purchases. The company plans to refile after addressing the issue.
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SEC Chair Touts American DeFi Revolution as ETH Prices Pump 8%
SEC Chair Paul Atkins supports DeFi innovation, criticizing outdated regulations. He proposes an ‘innovation exemption’ for blockchain, boosting Ethereum prices by 8% with regulatory clarity for staking and self-custody.
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DappRadar: DeFi and NFT Upticks in May Could Mark Start of Recovery
DappRadar reports a potential recovery in DeFi and NFT sectors in May 2025, with increased user activity, trading volumes, and TVL growth amid broader crypto market gains.
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Here’s How The Crypto Market Performed in May, According to Binance Research
Binance Research reports a 10.3% crypto market cap growth in May, driven by BTC’s new ATH and ETF inflows. ETH rebounded 43.9%, while DeFi, meme coins, and AI tokens saw gains amid volatility.
