Decentralized finance

SaucerSwap increases total value locked by 300 percent in just one year with support from The Hashgraph Association (THA)

Retrieved on: 
Wednesday, March 20, 2024
DEX, TVL, MEV, HSCS, Organization, Entrepreneurship, Risk, HTS, Non-fungible token, Decentralized finance, Ecosystem, Operation, THA, USD, Cryptocurrency

TVL on SaucerSwap increased from approximately $35 million to over $150 million at the beginning of March[1], a 300% surge in less than a year.

Key Points: 
  • TVL on SaucerSwap increased from approximately $35 million to over $150 million at the beginning of March[1], a 300% surge in less than a year.
  • This all changed in 2023, when THA identified SaucerSwap as an innovative startup in the space and on-boarded the project to its Innovation Program.
  • Following the provision of funding support by THA, SaucerSwap underwent a period of rapid transformation and launched SaucerSwap V2 in the same year.
  • The support from The Hashgraph Association has been invaluable in our journey to build a cutting-edge, user-centric platform.

SaucerSwap increases total value locked by 300 percent in just one year with support from The Hashgraph Association (THA)

Retrieved on: 
Wednesday, March 20, 2024
DEX, TVL, MEV, HSCS, Organization, Entrepreneurship, Risk, HTS, Non-fungible token, Decentralized finance, Ecosystem, Operation, THA, USD, Cryptocurrency

TVL on SaucerSwap increased from approximately $35 million to over $150 million at the beginning of March[1], a 300% surge in less than a year.

Key Points: 
  • TVL on SaucerSwap increased from approximately $35 million to over $150 million at the beginning of March[1], a 300% surge in less than a year.
  • This all changed in 2023, when THA identified SaucerSwap as an innovative startup in the space and on-boarded the project to its Innovation Program.
  • Following the provision of funding support by THA, SaucerSwap underwent a period of rapid transformation and launched SaucerSwap V2 in the same year.
  • The support from The Hashgraph Association has been invaluable in our journey to build a cutting-edge, user-centric platform.

WiMi Announced a Bitcoin TrustBlock Validator Ensuring Secure and Reliable Transactions

Retrieved on: 
Wednesday, March 20, 2024
Cloud, Holography, WIMI, Environment, Trust, Augmented reality, Research, Decentralized finance, Semantics, Cryptocurrency

By drawing on the theories and methods from symbol semantics, execution models, model checkers, and other related fields, WiMi develooped the technical framework of the Bitcoin TrustBlock validator.

Key Points: 
  • By drawing on the theories and methods from symbol semantics, execution models, model checkers, and other related fields, WiMi develooped the technical framework of the Bitcoin TrustBlock validator.
  • The TrustBlock validator is a Bitcoin-based automated validation technology designed to review and validate scripting programs used by Bitcoin exchanges for security and correctness.
  • The TrustBlock validator employs symbolic semantics and execution models to understand and interpret scripted programs in Bitcoin transactions.
  • In addition, the TrustBlock Validator includes a model checker for comprehensive formal validation of Bitcoin transactions.

Stellar Development Foundation Announces Launch of Smart Contracts on Stellar with $100M Allocated to Soroban Adoption Fund

Retrieved on: 
Tuesday, March 19, 2024
Stellar, SDF, Growth, United, SAN, United Nations, History, Insurance, MGI, UNHCR, MoneyGram, Decentralized finance, Ecosystem, Blend, Cryptocurrency

SAN FRANCISCO, March 19, 2024 /PRNewswire/ -- The Stellar Development Foundation (SDF), the nonprofit organization supporting the development and growth of the Stellar network, today announced that Soroban, the smart contracts platform on Stellar, is now live on the network's mainnet, enabling anyone to build, deploy, and interact with Stellar-based decentralized applications (dapps). To encourage development on Soroban, SDF has committed to investing $100 million into projects leveraging the network's smart contract capabilities in its pursuit to set a better standard where not only payments, but everyday financial services, are accessible to all. The fund has supported more than 160 projects to date.

Key Points: 
  • Adding smart contract capability is the latest upgrade from the Stellar ecosystem's application of blockchain technology to create equitable access to the global financial system.
  • The introduction of smart contracts via Soroban will enable more sophisticated financial products and services to operate on the Stellar network, in addition to settlements.
  • During this time, SDF deployed approximately 15% of its $100 million Soroban adoption fund into supporting dapps spanning across lending and borrowing, insurance, auditing, and more.
  • "Soroban opens the doors for decentralized applications to easily plug into the existing global financial market, without compromising speed or scalability.

"Solid Projects We Would Love to Work With": Bybit Affirms its Open and Collaborative Approach in Livestream Event with Solana Ecosystem to Unveil Ecosystem Growth and Prioritize User Value in Web3

Retrieved on: 
Tuesday, March 19, 2024
Crypto, Eye, Growth, Decentralized finance, Ecosystem, Cryptocurrency

The event showcased the remarkable growth of the Solana ecosystem and unveiled exciting plans for the future, with a focus on delivering values to the blockchain ecosystem.

Key Points: 
  • The event showcased the remarkable growth of the Solana ecosystem and unveiled exciting plans for the future, with a focus on delivering values to the blockchain ecosystem.
  • During the livestream, Ben Zhou, co-founder and CEO of Bybit emphasized the importance of partnerships with solid projects, resilience and vision, reflecting Bybit's strategic approach to collaboration within the cryptocurrency ecosystem.
  • Lily Liu, president of the Solana Foundation, spoke about the unique capabilities Solana brings to the table.
  • Joe Takayama, YouTube influencer, pointed out the innovative projects on Solana, many of which will be listed on Bybit.

"Solid Projects We Would Love to Work With": Bybit Affirms its Open and Collaborative Approach in Livestream Event with Solana Ecosystem to Unveil Ecosystem Growth and Prioritize User Value in Web3

Retrieved on: 
Tuesday, March 19, 2024
Crypto, Eye, Growth, Decentralized finance, Ecosystem, Cryptocurrency

The event showcased the remarkable growth of the Solana ecosystem and unveiled exciting plans for the future, with a focus on delivering values to the blockchain ecosystem.

Key Points: 
  • The event showcased the remarkable growth of the Solana ecosystem and unveiled exciting plans for the future, with a focus on delivering values to the blockchain ecosystem.
  • During the livestream, Ben Zhou, co-founder and CEO of Bybit emphasized the importance of partnerships with solid projects, resilience and vision, reflecting Bybit's strategic approach to collaboration within the cryptocurrency ecosystem.
  • Lily Liu, president of the Solana Foundation, spoke about the unique capabilities Solana brings to the table.
  • Joe Takayama, YouTube influencer, pointed out the innovative projects on Solana, many of which will be listed on Bybit.

Nereus Unveils Revolutionary On-Chain Derivatives Trading Platform on Polygon Network

Retrieved on: 
Monday, March 18, 2024
Nereus, Decentralized finance, CDK, Polygon, Environment, ZK

HONG KONG, March 18, 2024 /PRNewswire/ -- Today, Nereus is excited to announce the launch of its cutting-edge derivatives trading platform on the Polygon network.

Key Points: 
  • HONG KONG, March 18, 2024 /PRNewswire/ -- Today, Nereus is excited to announce the launch of its cutting-edge derivatives trading platform on the Polygon network.
  • Nereus provides a platform that combines the best aspects of centralized and decentralized exchanges, making trading more secure and transparent.
  • This launch marks a significant step forward for derivatives trading, offering a more accessible and efficient option for investors worldwide.
  • By embracing innovation and leveraging the Polygon network, Nereus is leading the way towards a more inclusive and decentralized trading environment.

Nereus Unveils Revolutionary On-Chain Derivatives Trading Platform on Polygon Network

Retrieved on: 
Monday, March 18, 2024
Nereus, Decentralized finance, CDK, Polygon, Environment, ZK

HONG KONG, March 18, 2024 /PRNewswire/ -- Today, Nereus is excited to announce the launch of its cutting-edge derivatives trading platform on the Polygon network.

Key Points: 
  • HONG KONG, March 18, 2024 /PRNewswire/ -- Today, Nereus is excited to announce the launch of its cutting-edge derivatives trading platform on the Polygon network.
  • Nereus provides a platform that combines the best aspects of centralized and decentralized exchanges, making trading more secure and transparent.
  • This launch marks a significant step forward for derivatives trading, offering a more accessible and efficient option for investors worldwide.
  • By embracing innovation and leveraging the Polygon network, Nereus is leading the way towards a more inclusive and decentralized trading environment.

Flash News: OKX to List ether.fi Protocol's ETHFI on its Perpetual Futures Market

Retrieved on: 
Monday, March 18, 2024
Ethereum, OKX, API, USDT, Vernacular, UTC, ETH, Decentralized finance, Cryptocurrency

NASSAU, Bahamas, March 18, 2024 /PRNewswire/ -- OKX , a leading crypto exchange and Web3 technology company, has issued updates for March 18, 2024.

Key Points: 
  • NASSAU, Bahamas, March 18, 2024 /PRNewswire/ -- OKX , a leading crypto exchange and Web3 technology company, has issued updates for March 18, 2024.
  • OKX today announced that it will list ether.fi 's ETHFI token on its perpetual futures market.
  • With this new USDT-margined perpetual futures contract, users will be able to long or short ETHFI with up to 50x leverage from March 18, 2024 at 12:30 PM (UTC).
  • In addition, margin trading and Simple Earn for the ETHFI token will be enabled at 4:00 AM (UTC) on March 19, 2024.

DeFi Technologies' Wholly-Owned Subsidiary Valour Inc., Bitcoin Suisse AG, and STOXX Launch the 1Valour STOXX Bitcoin Suisse Digital Asset Blue Chip ETP

Retrieved on: 
Monday, March 18, 2024
Bitcoin, Crypto, ETP, NEO, Exchange-traded product, Partnership, The Company, Classification, Digital, GCT, Decentralized finance, OTC, Index, Cryptocurrency, Culture

Launch of 1Valour STOXX Bitcoin Suisse Digital Asset Blue Chip ETP: DeFi Technologies Inc. announces a collaborative product from Valour Inc., Bitcoin Suisse AG, and STOXX, offering a diversified investment in top blue-chip digital assets through a new Exchange Traded Product (ETP).

Key Points: 
  • Launch of 1Valour STOXX Bitcoin Suisse Digital Asset Blue Chip ETP: DeFi Technologies Inc. announces a collaborative product from Valour Inc., Bitcoin Suisse AG, and STOXX, offering a diversified investment in top blue-chip digital assets through a new Exchange Traded Product (ETP).
  • This collaboration has been leveraging the unique capabilities and extensive expertise of both Valour and Bitcoin Suisse in the digital asset market.
  • The 1Valour STOXX Bitcoin Suisse Digital Asset Blue Chip ETP is uniquely structured to track the performance of the STOXX Digital Asset Blue Chip X Index.
  • This ETP is the result of a synergistic collaboration between Valour, Bitcoin Suisse, and STOXX, each bringing unique strengths to the table.