DeFi

Injective launches native EVM to improve blockchain networks

The Layer 1 blockchain Injective has established native Ethereum Virtual Machine (EVM) functionality within its platform. The new release of…

THORChain tackles liquidity crisis by turning debt into equity tokens

Decentralized liquidity protocol THORChain’s node operators approved a proposal to solve its liquidity issues by converting the platform’s defaulted debt…

THORChain shakes DeFi Bitcoin & Ether lending paused for 90 days

As a decentralized cross-chain liquidity protocol, THORChain has temporarily stopped the lending and saver programs involving the two largest cryptocurrencies,…

SEC rule revocation signals potential breakout for Ethereum

The U.S. Securities and Exchange Commission (SEC) revoked the Crypto accounting rule that made U.S. financial firms wary of offering…

Ethereum Foundation embraces DeFi with $165M Aave deposit

The Ethereum Foundation plans to integrate into the DeFi space using its Ether (ETH). The organization intends to lock away…

Crypto giant MoonPay acquires Helio for $175M

Crypto payment platform MoonPay has acquired blockchain payment processor Helio for $175 million. This is MoonPay's biggest deal to date.…