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Pyth Network has launched real-time price feeds for over 100 major exchange-traded funds, including products from Blackrock, State Street, and Vanguard, with onchain access to data representing more than $8 trillion in assets. New Pyth Integration Brings Live ETF Prices to DeFi Builders Pyth Network has introduced real-time exchange-traded fund (ETF) price feeds, enabling blockchain … Read more
Aave has deployed its decentralized finance protocol on Soneium, an Ethereum layer two (L2) developed by Sony Block Solutions Labs. Sony’s Soneium Welcomes DeFi Giant Aave to Its L2 Network Aave, a major decentralized finance (defi) protocol, has launched on Soneium, a new Ethereum L2 developed by Sony Block Solutions Labs, a joint venture between … Read more
Ethereum-based credit protocol 3Jane has raised $5.2 million in a seed round led by Paradigm to build a scalable infrastructure for uncollateralized, crypto-native credit. Paradigm Backs 3Jane in Bid to Reinvent Onchain Credit 3Jane, a protocol focused on creating uncollateralized credit rails for decentralized finance (DeFi), has exited stealth mode with a $5.2 million seed … Read more
Current metrics place the total value locked into decentralized finance (DeFi) at approximately $117.856 billion. Ethereum, once commanding more than 56% of that figure at the close of 2024, has since dipped to 51.24% in May, marking a notable decline in its share. Battle for DeFi Dominance Heats up: Ethereum Slides, Solana and Bitcoin Advance … Read more
Chainlink’s CCIP is now live on Solana, enabling cross-chain transfers between Solana and major blockchains like Ethereum and BNB Chain. Chainlink’s Cross-Chain Protocol Goes Live on Solana Chainlink’s Cross-Chain Interoperability Protocol (CCIP) is now operational on Solana, marking its first deployment on a non-Ethereum Virtual Machine (EVM) blockchain via the v1.6 upgrade. The integration aims … Read more
Aave’s total value locked (TVL) has reached an all-time high of $24.389 billion, signaling renewed investor confidence in the decentralized finance (DeFi) protocol. Onchain Lending Platform Aave Sets New TVL Benchmark The lending protocol’s latest milestone places it among the largest DeFi platforms by TVL, with a market capitalization of $3.335 billion and a fully … Read more
Layerzero has launched Hyperbridge, a new interoperability solution connecting external blockchain assets to Hyperliquid’s decentralized trading ecosystem, which recently saw its open interest hit a record $5.6 billion. Cross-Chain Trading Boosted as Layerzero Rolls Out Hyperbridge for Hyperliquid Layerzero, an omnichain interoperability protocol, has introduced Hyperbridge, a tool designed to streamline asset transfers between external … Read more
Oxbow, a decentralized finance (DeFi) platform balancing privacy and compliance, has removed deposit limits on its Privacy Pools tool, enabling unrestricted Ethereum transactions while screening illicit funds. Regulatory-Friendly Privacy: Oxbow’s Tool Now Accepts Large-Scale ETH Deposits Oxbow, a DeFi platform founded in 2023, announced Friday it has removed deposit limits on its Privacy Pools tool, … Read more
BitcoinOS reports that it has successfully executed the first-ever bridgeless cross-chain transfer of bitcoin, moving 1 BTC between the Bitcoin and Cardano blockchains without relying on traditional intermediaries. Bridgeless Era Begins: BitcoinOS Transfers BTC to Cardano Using ZK Proofs The demonstration, conducted on mainnet, marks a pivotal advancement in blockchain interoperability. By wrapping 1 BTC … Read more
Unichain became the first layer two (L2) blockchain to deploy trusted execution environment (TEE)-based block building, aiming to enhance transaction transparency and fairness while mitigating malicious MEV practices. First-of-Its-Kind TEE Tech Reshapes L2 Transaction Ordering The upgrade, developed by Uniswap Labs and Flashbots, leverages Rollup-Boost to sequence transactions within a secure TEE, enforcing priority-based ordering … Read more
