The company will debut its first protocol on the Solana blockchain in early 2025 with more than $100 million in total value locked. Deus X Capital today launched decentralized finance business Solstice Labs. The company's first project will be a protocol that offers all investors enhanced yield opportunities. The protocol will be built on the Solana ecosystem and is expected to...

The action could impact $200 million of DeFi loans in the Sky ecosystem should the proposal pass. Sky, the decentralized finance lender formerly known as MakerDAO, will vote on fully ditching wrapped bitcoin (wBTC) from its ecosystem, according to a Thursday governance post, potentially a major development in DeFi since the platform has $200 million of loans collateralized by the...

Vitalik Buterin is right: DeFi today is a circular speculative economy. The bigger opportunity lies in bringing traditional capital markets on-chain, so that crypto reaches the mainstream, says Zach Rynes (aka ChainLinkGod), who serves as a Chainlink Community Liaison. Ethereum Co-Founder Vitalik Buterin recently created a ripple on crypto twitter writing that DeFi “feels...

Four team members listed in World Liberty Financial's white paper previously worked on Dough Finance, which was drained of $2 million in July. One also founded Date Hotter Girls LLC. Donald Trump and his sons have for weeks teased an upcoming cryptocurrency project, but they've been light on details in public. Privately, though, the former U.S. president's inner circle has been...