Nimanode is already causing a stir by combining artificial intelligence (AI) and blockchain technology. The project recently announced that its $NMA token presale has already exceeded 20% of its softcap goal! This milestone indicates strong investor confidence in Nimanode's vision to streamline blockchain workflows with AI, particularly within the XRP...
Cardano founder and Ethereum co-founder Charles Hoskinson has submitted an interesting proposal. He wants to use US$100 million in ADA from Cardano’s treasury to invest in Bitcoin and native stablecoins. This collaboration is part of a broader effort to reinvigorate Cardano’s lackluster Decentralized Finance (DeFi) development. The proposal is still...
Sui, another layer-1 blockchain, is increasing its focus on Bitcoin-based decentralized finance (DeFi). It is collaborating with Stacks, a layer-2 network constructed atop of Bitcoin. This action is part of its efforts to expand its BTCfi ecosystem and offer Bitcoin holders new ways to use their holdings. Sui builds better...
Despite recent speculation of a bearish trend, Cardano’s price prediction models still paint a long-term bullish outlook, thanks in part to its adoption of Bitcoin DeFi. Despite facing challenging market structures, Cardano's path toward targets of $1.20 or higher gains traction with each technical breakout, governance update, and expression of...
The U.S. Securities and Exchange Commission (SEC) has formally rescinded a number of widely-criticized rules. These rules were originally proposed under former Chair Gary Gensler. Should that happen, this would be a highly consequential decision that would reflect the agency’s considerable pivot toward aggressively regulating digital assets. The decision represents...
Decentralized Finance Development, formerly known as Janover, hit a big milestone. They got a $5 billion equity line of credit (ELOC) from RK Capital Management. The firm intends to deploy these proceeds to increase its strategy to earn Solana (SOL) digital assets. This action will further ignite growth in SOL...
In short, the U.S. Securities and Exchange Commission (SEC) appears to be laying the groundwork for a new, more contentious approach to decentralized finance (DeFi). On June 9th, the agency held the bizarrely named roundtable “DeFi and the American Spirit.” SEC Chairman Paul Atkins just yesterday offered up the thrilling,...
The decentralized finance (DeFi) space is exploding. Positive signals from the Securities and Exchange Commission (SEC) and large inflows into Ethereum ETFs are stoking this momentum. The overall market capitalization of the DeFi sector has increased by 10% to $150 billion. In addition, it’s a sign of increasing investor confidence...
U.S. Securities and Exchange Commission (SEC) Chairman Paul Atkins has been pushing the Commission to adopt these new rules. In particular, he seeks to exclude decentralized finance (DeFi) platforms from certain regulatory impediments. Atkins has directed SEC staff to look into creating some sort of “innovation exemption.” It would allow...
Aave, the decentralized finance (DeFi) lending platform, hit a new milestone! It has now notched an impressive $40 billion total value locked onchain. That’s a historic jump, up an astounding 60% from just last month. It pretty much plants Aave’s flag even more strongly into the DeFi landscape. The increase...
