The Defiant
Exclusive coverage of cryptocurrency markets, blockchain innovations, and digital asset trends
POAP Moves to Maintenance Mode as Founders Eye Next Generation of Digital Collectibles
POAP, the blockchain-based platform that turned event attendance into digital collectibles, is entering maintenance mode — ending active development on its current platform after nearly seven years as a fixture of the Web3 community.In a post on X, POAP co-founder and general man...
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Whale Swaps $50 Million in Stablecoins for Just $36,000 of AAVE
The decentralized finance (DeFi) community is buzzing after an unidentified wallet swapped $50.4 million in USDT for jus...
Puffer Teams Up With Anchorage to Bring Ethereum Restaking to Institutions
Ethereum restaking protocol Puffer Finance has partnered with Anchorage Digital to provide institutional clients with ac...
BNB Chain Overtakes Ethereum, Base by Number of AI Agents
BNB Chain has surpassed Ethereum as the blockchain hosting the largest number of AI agents operating under the ERC-8004 ...
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Tether Backs Ark Labs to Bring Stablecoins Back to Bitcoin
USDT issuer Tether has made a strategic investment in Ark Labs, the team developing Arkade, a programmable infrastructure layer for Bitcoin.The $5.2 million funding round is aimed ...
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BlackRock Launches Staked Ethereum ETF
BlackRock today debuted the iShares Staked Ethereum Trust ETF (Nasdaq: ETHB) — the firm's first crypto exchange-traded fund to incorporate staking and its third spot crypto ETF ove...
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Ethena Proposes Replacing 7-Day sUSDe Unstaking Period With Dynamic Cooldown
Ethena Labs has put forward a governance proposal to replace the protocol's static 7-day sUSDe unstaking cooldown with a dynamic model that adjusts based on the composition of USDe...
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CFTC Launches Sweeping Review of Prediction Markets
The Commodity Futures Trading Commission (CFTC) on Thursday issued a pair of actions signaling its intent to build a comprehensive regulatory framework for prediction markets, an i...
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Lido Launches Its First Stablecoin Vault
Lido, DeFi’s largest liquid staking protocol by total value locked, has launched EarnUSD, its first stablecoin vault, according to a press release shared with The Defiant. The new ...
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Optimism Developer Op Labs Cuts 20% of Staff in Effeciency Push
The development company behind Ethereum Layer 2 network Optimism has laid off 20 employees — what appears to be approximately 20% of its team. The news was announced by OP Labs CEO...
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