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DEFI
Stablecoin Activity Takes Crown From DeFi in Q3: Report
Stablecoins are often viewed as assets that pose systematic risks to the financial market. However, these pegged tokens have become the most popular category among investors amid adverse market conditions.
QuickNode’s…
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Aave pauses several markets after reports of feature issue
Decentralized finance (DeFi) protocol Aave paused a number of markets on Nov. 4 after receiving reports of an issue affecting “a certain feature,” according to a post on X (formerly Twitter). The pause affects multiple networks, including…
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Multichain inside job? And SOL surges 80% in a month: Finance Redefined
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week.A trader managed to exploit the brief opening of the…
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TradFi gets crypto boost: Renegade joins Cointelegraph Accelerator
As the crypto industry continues to grow, it becomes increasingly intertwined with traditional finance (TradFi) to the benefit of end users. TradFi is notoriously slow, inefficient and expensive. International wire transfers, which take…
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Bitget, Floki teams accuse each other of manipulation after token listing
The teams behind the Floki protocol and Bitget crypto exchange have accused each other of market manipulation after the protocol’s token, TokenFi (TOKEN), was listed and delisted by Bitget. This is according to an October 31 social media…
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Avalanche blockchain explorer to shut down as Etherscan fees draw controversy
SnowTrace, a popular blockchain explorer tool for Avalanche, will shut down its website — powered by Etherscan’s Explorer-as-a-Service (EaaS) toolkit — on Nov. 30. The SnowTrace team clarified that only its Etherscan-powered explorer will…
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dYdX launches layer-1 blockchain, validators and stakers set to receive all fees
Decentralized cryptocurrency exchange dYdX has launched its layer-1 blockchain with the creation of its genesis block, which will operate using native DYDX tokens.The dYdX Chain is set to distribute all fees to validators and stakers in USD…
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Audits and rug-pulled projects, a $650B token burn, and major DeFi protocol quits UK: Finance…
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week.The past week in DeFi was filled with bullish…
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Google Cloud teams up with MultiversX amid blockchain firm’s focus on metaverse
Google Cloud has partnered with blockchain infrastructure firm MultiversX (formerly Elrond) to boost its Web3 presence. Google Cloud’s BigQuery data warehouse has integrated with MultiversX, which will help Web3 projects and users derive…
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Polygon launches POL token contract on Ethereum to eventually replace MATIC
Polygon Labs has launched the Ethereum contract for the new Polygon token, POL, according to an Oct. 25 announcement. The new token is intended to replace the ecosystem’s current token, MATIC (MATIC). However, the team said users presently…
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