Category: NFT

[ad_1] Decentralized finance (DeFi) tokens have held up unusually well against Bitcoin over the past month, suggesting the market may be “quietly re-rating” the sector, says crypto index fund maker Bitwise. Bitcoin (BTC) fell about 22% in June, while Bitwise’s index tracking tokens from major DeFi protocols fell only 4% over the same period, Bitwise…

[ad_1] Vanguard has opened its first-ever search for a Head of Digital Assets, a senior hire that would put a single executive in charge of the roughly $12 trillion asset manager’s strategy for cryptocurrencies and blockchain-based finance. The move signals a gradual but notable shift in Vanguard’s stance on digital assets, following its recent decision…

[ad_1] Bitcoin financial services platform Strike has launched a “volatility-proof” Bitcoin-backed loan that eliminates margin calls and forced liquidations amid the depths of a bear market, but only for those who can pay on time and handle a 14% interest rate. In an announcement on Tuesday, Strike CEO Jack Mallers said the offering came in…

[ad_1] Retail trading platform eToro is expanding its decentralized finance ambitions after leading a $12.5 million strategic funding round for Extended, an on-chain perpetual futures exchange founded by former Revolut executives. The investment signals eToro’s latest move to bridge traditional finance with blockchain-based trading infrastructure following its recent acquisition of self-custody wallet provider Zengo. The…

[ad_1] Key takeaways: Solana’s tokenized assets and memecoin revival drove SOL to a 30-day high at $83. Bullish leveraged appetite cooled sharply, suggesting traders are hesitant to bet on further gains to $90. Solana’s SOL token jumped to its highest mark in over 30 days on Friday at $83, marking a decoupling from the altcoin…

[ad_1] U.S. spot Bitcoin exchange-traded funds (ETFs) ended a 10-day streak of net outflows on Thursday, attracting $221.7 million in fresh capital as weaker-than-expected U.S. economic data boosted expectations that the Federal Reserve could ease its monetary stance. The renewed institutional demand helped Bitcoin rebound above $61,000 after falling below $58,000 earlier in the week,…

[ad_1] Decentralized finance (DeFi) platform Aave has deployed its V3 lending protocol on Monad, expanding the layer-1 blockchain’s lending ecosystem with support for 12 assets at launch.  On Thursday, Aave announced that the initial market supports USDT0, USDC, Aave’s GHO stablecoin, USDe, mUSD, AUSD, WETH, cbBTC, wstETH, weETH, syrupUSDC and sUSDe. It is also Aave’s…

[ad_1] BitMine has continued its aggressive Ethereum accumulation strategy despite a weakening crypto market, purchasing another $43 million worth of ETH while Bitcoin treasury giant Strategy temporarily paused its regular Bitcoin buying program. The latest purchase highlights the contrasting approaches emerging among publicly traded crypto treasury companies. While some firms are becoming more cautious amid…

[ad_1] Claude Mythos and DeFi: Real threat or overblown fear? When Anthropic introduced Claude Mythos-class models as its most advanced AI system for cybersecurity, it drew the usual mix of reactions from crypto communities. The lineup included Claude Fable 5, a Mythos-class model intended for broad use, although access was later suspended after a US…

[ad_1] BitGo Holdings, one of the crypto industry’s most prominent custody and infrastructure firms, has reduced its workforce by nearly 15% as the company restructures around stablecoins, settlement, trading, security, and AI-powered infrastructure. The announcement, made by CEO and co-founder Mike Belshe on June 25, was simultaneously filed with the U.S. Securities and Exchange Commission…