CIAN, a yield aggregator platform for the Ethereum ecosystem, experienced rapid growth in its total value locked (TVL), becoming one of the best-performing applications in decentralized finance (DeFi). CIAN’s TVL has skyrocketed from about $13 million two weeks ago to a record $194.5 million as of this writing, as shown by DefiLlama data.

The platform allows users to deposit multiple Ethereum-based tokens in its vaults and target annual percentage yield (APY) figures ranging from 2.54% to 22.76

Quoll, a yield farming platform on the BNB Smart Chain (BSC), saw its total value locked (TVL) soar from nearly $1 million on November 26 to the current level of $13.7 million, setting a new record, as per data from DefiLlama.

Quoll has been a dormant yield product since its 2022 launch with nearly $9 million in TVL. It hasn’t been a successful project, as its TVL has been steadily declining since its launch despite the volatility in the decentralized finance (DeFi) sector. Earlier this month,

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Andreessen claims similar patterns can be traced as far back as 15 years ago when they started to ‘debank unconventional businesses’ and became popular during “Operation Choke Point”.

The A16z says the Biden administration extended the practice to include tech and crypto founders.

He also opens up on what went down during a meeting that sought to promote AI companies in the US, with the government insisting on full control.

In the run-up to the November U.S. election, several cry

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About 38.8% (388 million tokens) will be allocated for future emissions and community rewards.

Another 23.8% (238 million) will be set aside for the current and future core contributors, while the Hyper Foundation will receive 6% or 60 million tokens for its operational budget.

Notably, there is no allocation for private investors, centralised exchanges or market makers, the company said.

Hyperliquid, a decentralised finance protocol that offers decentralised perpetual trading se

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The mint more than doubles the GFT token’s total supply to 2.24 billion.

The transaction volume of the GFT token also spiked $72.34 million in the past 24 hours.

The GFT market cap momentarily spiked to $20.65 million before pulling back to $13.65 million as of this writing.

Founders of the Web3 wallet services provider Gifto have minted an additional 1.2 billion tokens of the GFT token, more than doubling the total supply to 2.24 billion. This comes after Binance announced it wi

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The company plans to use the capital to scale its crypto yield products.

The DeFi protocol has just over $5 million in total value locked according to founder Rhett Shipp.

Superlayer, Avalaunch, GoGoPool, Daybreak Digital and Linda Kreitzman participated in the round.

Avant, an Avalanche-based decentralised finance protocol has raised $6.5 million in a seed round backed by Superlayer, Avalaunch, GoGoPool, Daybreak Digital and Linda Kreitzman. 

The company offers the “stable-valu

Bedrock, a decentralized multi-chain liquid restaking platform, has had the best month since its launch at the beginning of 2023. The total value locked (TVL) on the platform reached a record $686 million on November 21 after surging over 100% this month, according to data compiled by DefiLlama.

Bedrock is a decentralized platform that supports liquid staking and restaking on 13 different chains, including Ethereum, Mode, Bitcoin, BOB, Mantle, BSC, and Arbitrum. Ethereum accounts for nearly 60%

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Line will launch with 30 dApps by the end of January and plans to add 150 more by the end of the first quarter.

The apps will be built on Kaia DLT Foundation’s layer-1 blockchain.

Line boasts a daily active user base of 196 million mainly spread across far-east and south-east Asia, with the majority of its users in Japan, Taiwan, Thailand and Indonesia.

Japanese messaging giant Line has revealed its awaited app launch in January will include 30 in-app decentralised applications m

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The crypto exchange company plans to shut down the NFT marketplace on February 27, 2025.

Kraken said it made this decision because it wants to focus on other projects.

Global NFT transaction volume spiked over the past two weeks to $83 million and $63 million (excluding wash trading) following Trump’s election win.

The non-fungible token industry has been on a decline for the last five months after the November 2023-June 2024 rally ended in Q2. Whilst there was a slight rebound i

Rumpel Labs, a decentralized tokenization platform, has experienced a significant increase in its total value locked (TVL) since its September launch. As per DefiLlama data, the Ethereum-based application has a record $46 million in TVL, up 760% over the last month.

Rumpel had about $7 million in TVL on November 19, adding $39 million in the past week alone.

The platform positions itself as a point tokenization protocol. It allows users to tokenize off-chain loyalty points, which can then be t

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Uniswap v4 is part of the Uniswap Protocol’s evolution into a developer platform.

The upgrade was initially scheduled to launch in Q3 2024 but is now expected to go live by the end of the year.

The Uniswap v4 codebase has already been reviewed by multiple audit firms including OpenZeppelin, Spearbit, Certora, Trail of Bits, ABDK, and Pashov Audit Group.

Uniswap Labs has unveiled a bug bounty program of up to $15.5 million for critical vulnerabilities found in the Uniswap v4 core

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The company plans to use the fresh capital to further develop the Talus ecosystem.

The company said the strategic round values Talus Network at $150 million.

Talus offers an AI training infrastructure for agents used in portfolio optimization and MEV protection in DeFi and treasury management, among others.

Talus Network, the AI training infrastructure powering smart contracts and decentralised applications has raised $6 million in a strategic round led by Polychain Capital. 

Th

Cardano’s top lending apps, Liqwid and Lenfi, saw their total value locked (TVL) soar by over 300% in the past month to record levels, according to data from DefiLlama. Liqwid, the largest decentralized finance (DeFi) app on Cardano, rose 38% in the past week alone to reach a record $177 million in TVL on Sunday, November 24. 

The two lending dapps, like many other Cardano-based dapps, have benefited from the recent price increase in ADA, Cardano’s native cryptocurrency. 

ADA has leveraged the

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On November 25, Beau, a Pudgy Penguins safe project manager was first to share the news on X after a user sent him a video of the event.

He then offered to share the same clip with Pump.fun after asking the team to address the matter.

Pump.fun responded by shutting down the live streaming feature and removing coin images, descriptions, names and comments.

Pump.fun, the platform that allows anyone to create their own coins for potential listing on the decentralised exchange platfo

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The company plans to use the new capital to accelerate its growth and build more products.

Some of the funding will also go towards enhancing client success by ensuring seamless integration for Fintech companies.

OpenTrade allows asset managers to create yield-bearing lending products on the blockchain.

OpenTrade has raised $4 million in an extended funding round led by AlbionVC. The fundraising also attracted participation from a16z Crypto and CMCC Global. 

OpenTrade plans to u

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It is the first tokenised money market fund on the XRPL and is part of XRP Ledger’s goal of becoming a leading RWA tokenisation and institutional DeFi platform.

The launch follows an ongoing collaboration between Archax and Ripple.

Ripple will tokenise $5 million worth of Abrdn’s Lux fund.

Ripple, has launched the first tokenised money fund on the XRP Ledger. The announcement comes after Edinburg, UK-based investment company, Abrdn (formerly Standard Life Aberdeen) teamed up with

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This is Avalanche’s largest upgrade since its mainnet launch in September 2020.

The Avalanche9000 comes with improvements focused on lowering the cost of chain deployment on the network by 99.9%, the company said in a press release.

Some of the new features include a proposal that makes Avalanche Layer 1 validators more flexible and another that reduces the base fee by 96%.

Avalanche has announced the launch of Avalanche9000 testnet, its largest upgrade since its mainnet launch i

Kai Finance, a leveraged yield platform on the Sui blockchain, saw its total value locked (TVL) surge over 2,200% in the past month to hit a record $12.7 million on Monday, November 25, as per DefiLlama data. 

Kai had $1 million in TVL at the beginning of November and less than $200,000 on October 21. It has been among the top 15 monthly performers in DeFi and the best performer on Sui. 

The platform enables crypto investors to earn passive income by selecting from Single Asset Vaults or Lever

Stellar, one of the oldest layer 1 chains with smart contract functionality, saw its total value locked (TVL) in supported decentralized applications (dapps) hit a record $61 million on Sunday, November 24, according to data from DefiLlama. 

This marks a more than 150% increase from the previous record established in mid-November at $24 million. 

Stellar’s TVL growth has been driven by its five decentralized exchange (DEX) apps, the main lending app, and a decentralized stablecoin project. 

O

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The move is part of Sky Mavis’s strategy to refocus on developing core products and positioning for long-term growth.

The new focus includes expanding the Ronin Network and wallet service, Mavis Marketplace, Axie Infinity, and developing a new Axie Infinity game.

Sky Mavis co-founder Nguyen Thanh Trung emphasised that financial constraints did not prompt the decision.

Sky Mavis, the developer of the popular NFT game Axie Infinity is laying off 21% of its workforce, affecting appr