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DeFi

ETH exits L2s
DeFi

ETH Exits Layer 2s as Native Token Prices Slip

The total amount of ETH held across Layer 2 networks is dropping fast as falling L2 token prices struggle to hold investors’ interest.
Banking Giant JPMorgan Tests Deposit Tokens on Base
DeFi

Banking Giant JPMorgan Tests Deposit Tokens on Base

The $4 trillion financial institution is piloting “deposit tokens” on Coinbase’s Ethereum Layer 2 blockchain, Base.
Messari Values Solana Memecoin Launchpad PumpFun at $7 Billion
DeFi

Messari Values Solana Memecoin Launchpad PumpFun at $7 Billion

PumpFun’s reported raise at a $4 billion valuation has some members of the crypto community up in arms, but some analysts say it's not only fair, but cheap.
Morpho V2 launch
DeFi

With Morpho V2, the Top Crypto Lender Seeks to Make DeFi More Like TradFi

DeFi lending platform Morpho offers fixed-rate and fixed-term loans while allowing lenders and borrowers to set their own terms.
Maple Finance Partners with Lido to Offer Stablecoin Loans Against stETH
DeFi

Maple Finance Partners with Lido to Offer Stablecoin Loans Against stETH

The new offering enables institutions to borrow stablecoins without selling their staked ETH.
Coinbase to Integrate Base DEXs on its Main App
DeFi

Coinbase to Integrate Base DEXs on its Main App

Coinbase also announced perpetual futures contracts and 4% cash back on BTC with a Coinbase credit card.
Spark Protocol TVL Surges Past $8.5 Billion Fueled by Airdrop Frenzy
DeFi

Spark Protocol TVL Surges Past $8.5 Billion Fueled by Airdrop Frenzy

Spark’s TVL has more than doubled since April ahead of its upcoming SPK token airdrop.
J.P. Morgan’s Kinexys Tests Cross-Chain Atomic Settlement of RWA Transactions
DeFi

J.P. Morgan’s Kinexys Tests Cross-Chain Atomic Settlement of RWA Transactions

Kinexys sent tokenized U.S. Treasuries to Ondo Chain’s testnet while simultaneously receiving payment, leveraging Chainlink’s technology.