DeFi, ICO and Invest News
🚀 Discover the Future with Jack the Goat ($JACK) - A Groundbreaking Meme Coin on Solana! 🌟🐐
Why $JACK?
⚫Thriving Community: Over 1400 active members fueling our explosive rise! @JacksPortal
⚫Colossal Potential: Get in on the ground floor of what experts predict could be a 1000x gem! 💎
⚫ Vital Stats: Market Cap: $500,000 | Holders: ~500 | Contract: 68eD7fdMVEqKDev9jChsBxtvg45XF2FKsnVRfDTpxCkK
How to Get $JACK:
1. Download Phantom Wallet .
2. Purchase $SOL, transfer to your wallet.
3. Swap for $JACK on Jupiter or Raydium. 😀
🔥 Join us now at https://jackthegoat.com and be part of this monumental journey with $JACK! 🚀
#Ad
🇪🇺 DeFi may struggle to stay decentralized after new EU law
DeFi’s exemption from MiCA regulation may fade as an update targets protocols with centralized components. The sector could split between hybrid and DeFi models. New regulations in the European Union may soon force decentralized finance (DeFi) protocols to make tough decisions. At the heart of the issue is the tendency of many DeFi protocols to have centralized front-ends and intermediaries.
Source
@DeFi_ICO_Invest
📣 Mastercard and Kima Take One Step Closer to a ‘DeFi Credit Card’
Kima, the peer-to-peer money transfer and payment protocol, has taken a significant step forward in the fintech landscape by joining the FinSec Innovation Lab. This accelerator, spearheaded by Mastercard, focuses on fintech and cybersecurity advancements. Additionally, Kima has secured a grant from the Israel Innovation Authority (IIA) to support an ambitious project aimed at connecting decentralized finance (DeFi) applications with traditional fiat systems.
Source
@DeFi_ICO_Invest
📣 DeFi platforms Lido and Aave surpass Bitcoin and Ethereum in fee generation
Decentralized finance projects Lido and Aave generated more fees in the last 24 hours than top blockchain networks like Bitcoin, Ethereum, and Solana. According to DeFillama data, Lido accrued $2.34 million, while Aave amassed $1.85 million during this period. In contrast, Ethereum, Bitcoin, and Solana secured $1.84 million, $1.34 million, and $1.17 million, respectively, in fees.
Source
@DeFi_ICO_Invest
💰 Solana's Defi Landscape to Shift With Marginfi’s Introduction of YBX Stablecoin
The decentralized lending protocol built on the Solana blockchain, Marginfi, announced the upcoming launch of YBX, which is expected to be the first notable decentralized stablecoin on Solana, aiming to provide an alternative to the network’s heavy reliance on Circle’s centralized stablecoin usd coin (USDC).
Source
@DeFi_ICO_Invest
🪙 Uniswap Founder: Biden’s Election at Risk Due to Crypto Regulation Threat!
Uniswap founder Hayden Adams has made a bold statement regarding the cryptocurrency market, emphasizing the widespread adoption of digital currencies among adults. This assertion underscores the increasing relevance and impact of cryptocurrencies in today’s financial landscape. As more individuals embrace digital assets as a viable investment option, the traditional financial sector faces mounting pressure to adapt to this shifting paradigm.
Source
@DeFi_ICO_Invest
💰 Institutions Likely To Show Interest in Bitcoin DeFi Applications
Bitcoin (BTC) is rapidly evolving. While the Bitcoin network has primarily been used for payment transactions, current activity appears to be resembling that of Ethereum during the height of decentralized application (Dapp) projects. The introduction of Bitcoin Runes and BRC-20 tokens – which emerged during the time of the fourth Bitcoin halving event – has likely sparked the evolution of Bitcoin-native decentralized finance (DeFi).
Source
@DeFi_ICO_Invest
📊 AI-powered DeFi platform introduces token mints by placing orders
Brightpool Finance focuses on reducing entry barriers and enhancing price stability in the DeFi space through AI-calculated trading rewards and price-freezing features. Bitcoin has enjoyed some chill time, it is still not at the level desired by investors who seek to avoid unpredictable prices. Moreover, low liquidity in the decentralized finance (DeFi) sector, which has a market capitalization under $100 billion compared to Bitcoin’s $1.2 trillion, further increases price volatility.
Source
@DeFi_ICO_Invest
🪙 Uniswap frontend is feeling the pressure since fee hike
Uniswap Labs increased the fee to swap on its interface from 0.15% to 0.25%. The fee applies to most, but not all, swaps that are executed using the Uniswap web interface and wallet. Traders can use aggregators, alternate UIs, or go directly through the smart contract to make swaps. When the fee was first introduced in October 2023, Uniswap founder Hayden Adams said it would allow his team to “continue to research, develop, build, ship, improve, and expand crypto and DeFi.”.
Source
@DeFi_ICO_Invest
🇬🇧 UK’s FCA Seeks Balanced Crypto Regulation By Merging TradFi And DeFi Approaches
The UK’s Financial Conduct Authority (FCA) aims to strike a balance in regulating cryptocurrencies by merging the best elements of traditional finance (TradFi) and decentralized finance (DeFi). Matthew Long, the FCA’s director of payments and digital assets, emphasizes the necessity of this strategy for effective regulation during his speech at the FT Crypto and Digital Assets Summit on May 8.
Source
@DeFi_ICO_Invest
📣 Crypto lending platform Nexo allocates $12M for ecosystem incentives
Crypto lending protocol Nexo is allocating 10 million NEXO tokens, worth $12.5 million at the time of publication, to its users. "Stack points, multiply your gains, and unlock more surprises," wrote Nexo developers on May 8 regarding the protocol's sixth anniversary. "The Nexonomics-inspired hunt is designed to reward new and existing users for exploring the Nexo ecosystem.".
Source
@DeFi_ICO_Invest
🇬🇧 FCA crypto regulators will take the best from TradFi and DeFi, says exec
The United Kingdom’s FCA has been combining different approaches to regulating the crypto market to see which one would work best. When it comes to regulating cryptocurrencies like Bitcoin , financial authorities in the United Kingdom aim to take the best of traditional finance (TradFi) and decentralized finance (DeFi), according to an executive at the Financial Conduct Authority (FCA).
Source
@DeFi_ICO_Invest
💰 2 Bitcoin L2 Projects Secure Investments to Enhance Bitcoin’s Defi Capabilities
On Tuesday, two Bitcoin-centric layer two (L2) initiatives successfully secured funding from strategic investors. Botanix Labs, a startup focused on developing a decentralized Turing-complete L2 EVM (Ethereum Virtual Machine), garnered $11.5 million. Meanwhile, the Bitcoin L2 ZKM attracted $5 million during a pre-seed investment phase.
Source
@DeFi_ICO_Invest
💰 Botanix Labs raises $8.5 million to build a Bitcoin-native DeFi ecosystem
Bitcoin development startup Botanix Labs has raised $8.5 million in a seed series funding round from Polychain Capital, Placeholder Capital, Valor Equity Partners and ABCDE to build a Bitcoin-native DeFi ecosystem. Angel investors, including Andrew Kang, Fiskantes, Dan Held, The Crypto Dog, Charlie Spears, Altcoin Sherpa, Dovey Wan, Jebus, Icebergy, Crypto ISO, Davis (a.k.a., “KarbonBased”), Walt Smith and Domo (creator of the BRC-20 token standard) also participated in the round, according to a statement shared with The Block.
Source
@DeFi_ICO_Invest
Fetch, SingularityNET, and Ocean Protocol Merger Sets Stage for CardanoGPT, A fast growing AI Project Building on The Cardano Blockchain
In a notable development within the cryptocurrency and artificial intelligence sectors, three leading AI-focused projects — Fetch ai, SingularityNET, and Ocean Protocol — have merged to form a new entity called ASI (Artificial SuperIntelligence). This merger, valued at $7.5 billion, aims to democratize AI technology on the blockchain and challenge the dominance of major tech companies.
This shift sets a promising stage for AI project like CardanoGPT ($CGI), which is emerging as a significant player in the AI x Crypto sphere, having multiples of AI products.
With CardanoGPT advanced initiatives, including Chatbot-as-a-service and an AI-Powered writing platform, CardanoGPT is well-positioned for an explosive growth.
Source
Purchase $CGI on WingRider DEX
Learn on How to Purchase $CGI
Join CardanoGPT on X & TG Chat
💰 Bitcoin-Backed Synthetic Dollar Promises High Yields for DeFi Users
Jakob Schillinger, founder and CEO of Hermetica, believes USDh will be a game-changer for Bitcoin DeFi. It will allow users to earn interest on their dollar holdings without leaving the Bitcoin network or relying on traditional financial institutions. This functionality caters specifically to Bitcoin enthusiasts who may be hesitant to venture outside the Bitcoin ecosystem. Hermetica is a DeFi protocol built on the Stacks blockchain, a layer-one solution designed to bring smart contract functionality to Bitcoin.
Source
@DeFi_ICO_Invest
💰 Runes and BRC-20s are just a stepping stone for Bitcoin DeFi
Bitcoin Runes and BRC-20 tokens may only be a stepping stone in the evolution of Bitcoin-native decentralized finance (DeFi). Runes is a new protocol for issuing fungible tokens on the Bitcoin network that launched on April 20, the day of the Bitcoin halving. Runes are part of a wider developer movement known as Bitcoin DeFi, or BTCFi, aiming to add more utility to the Bitcoin network.
Source
@DeFi_ICO_Invest
🪙 Uniswap CEO weighs In on ethical token distribution
Hayden Adams, Uniswap’s founder and CEO, has outlined his take on ethical considerations for effective token distribution. This comes a few days after the crypto community raised concerns about the transparency and fairness of token distribution on EigenLayer. In an X post, Adams emphasized that he was discussing tokens, not points. He then criticized the practice of teasing and creating ambiguity during token distribution to inflate engagement metrics.
Source
@DeFi_ICO_Invest
🇺🇸 CFTC Commissioner Highlights Concerns Over AI Risks In DeFi
Concerning the use of AI in the financial markets, particularly decentralized finance, Kristin Johnson of the Commodity Futures Trading Commission (CFTC) has suggested measures including increased fines. Johnson expressed her worries on artificial intelligence and its implications for deregulation of financial markets in a speech she gave at the Fintech and Blockchain Symposium co-hosted by Sidley Austin and Rutgers Law School.
Source
@DeFi_ICO_Invest
🔵 Coinbase's Base could make it the NVIDIA of DeFi
Coinbase’s first-quarter earnings report — released May 2 — indicated the company has been thriving thanks to a vibrant market for Bitcoin and Ethereum over the last several months. However, the numbers indicated Base platform has shown even greater potential — and could make Coinbase the NVIDIA of decentralized finance (DeFi). Launched in August 2023, Base is a secure, low-cost Ethereum layer-2 solution built to scale Coinbase’s user base on-chain to make transactions faster.
Source
@DeFi_ICO_Invest
📣 dWallet Network Bringing Native Multi-chain DeFi To Monad
dWallet network brings native multi-chain capabilities into Monad via their recent partnership. Integrating dWallet and Monad gives developers within Monad access to high-tech tools. These tools can be utilized to create native multi-chain defi applications. This integration allows you to access different blockchain protocols within the Monad ecosystem.
Source
@DeFi_ICO_Invest
