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DeFi

Canton Network partners with RedStone to expand DeFi access to $6T assets

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Key Takeaways Canton Network has partnered with RedStone, an oracle provider, to enhance DeFi access to $6 trillion worth of tokenized real-world assets. RedStone becomes the primary oracle for Canton Network, enabling secure, real-time data feeds for institutional-grade and decentralized finance applications. Share this article Canton Network, a public blockchain tailored for the financial industry, … Read more

Firelight unveils XRP staking on Flare for DeFi insurance

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Key Takeaways Firelight launched an XRP staking protocol on Flare Network, supporting DeFi insurance. Users stake FXRP (wrapped XRP) to receive stXRP, liquid staking tokens tradable in DeFi applications. Share this article Firelight launched its XRP staking protocol on the Flare Network today, allowing users to stake wrapped XRP (FXRP) and receive liquid staking tokens … Read more

New DeFi Rules and “No Gain, No Loss” Policy Explained

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 The United Kingdom has signalled a major change in how it plans to tax DeFi, backing a “no gain, no loss” idea that could end so-called dry tax bills for everyday users.  The government, through HM Revenue & Customs, says it is developing rules to treat many DeFi loans and liquidity-pool moves on a no-gain/no-loss … Read more

Wormhole launches Solana listing platform Sunrise DeFi

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Sunrise will go live as Solana’s new day-one listing platform, giving major assets a direct path to launch with ready liquidity. Summary Sunrise creates a single route for new assets to launch on Solana with day-one liquidity. Monad’s MON is the first token supported, with trading live today. The platform uses Wormhole’s NTT framework to … Read more

Consensys Decentralizing DeFi via DIN on EigenCloud

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Crypto’s main value proposition is that base networks are supposed to be online, all the time. Out of this ultra-high reliability, DeFi platforms, whether lending or decentralized exchanges, can function at any time of the day, all without censoring transactions, another big plus. True, Bitcoin, Ethereum, and mainnets powering some of the next 100X cryptos … Read more

Hedera integrates WBTC to unlock Bitcoin DeFi for users

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Hedera Foundation has partnered with BitGo and LayerZero to integrate WBTC and help unlock the next phase of decentralized finance adoption. Summary The wrapped Bitcoin (WBTC) is now live on Hedera. Launch of the tokenized Bitcoin token brings institutional-grade Bitcoin DeFi to the HBAR network. Rollout is in partnership with BitGo, BiT Global, and LayerZero. … Read more

Sui Network introduces native stablecoin for payments and DeFi with Bridge

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Key Takeaways Sui Network has introduced a new fiat-backed stablecoin called USDsui. USDsui is developed in partnership with Bridge to enhance DeFi and payments on Sui. Share this article Sui Network today launched USDsui, a new stablecoin developed in partnership with Bridge, which was acquired by Stripe earlier this year, to enhance payments and decentralized … Read more

Anchorage Digital to power Bitcoin DeFi on BOB

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Anchorage Digital, the platform that operates the only federally chartered crypto bank in the United States, is partnering with Build on Bitcoin to expand institutional access to decentralized finance on Bitcoin. Summary Anchorage Digital now supports BOB, a decentralized finance chain that taps into Bitcoin and Ethereum. BOB has picked Anchorage Digital as its crypto … Read more

ETH breaks below key level, shifting interest to ADA and this low-cap DeFi gem with massive growth prospects

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Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Ethereum may retest lows as Cardano eyes rebound; new DeFi token TAP, dubbed one of the best crypto to buy. Summary Ethereum dips to $3,200 as altcoins like Cardano and new token TAP spark … Read more

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