DeFi, ICO and Invest News
Join The HAQQ Expedition Vol.2 🚀
Join HAQQ’s ongoing community campaign to explore the chain and engage in exciting experiences within the HAQQ ecosystem. Take part and let your DeFi skills bring you new rewarding experiences!
🚀 A series of thrilling quests like swapping, staking, liquidity farming, and more that come in sprints
🚀 Collect XPs and non-transferrable soulbound tokens that recognize your contribution to the ecosystem
🚀 Monthly rewards to the leaderboard top players
🚀 Final reward at the end of the HAQQ expedition
How to join:
=> Download HAQQ Wallet: https://islamiccoin.net/?utm_campaign=defiico
=> Access The HAQQ Expedition: https://cutt.ly/yeiEVL7g
=> Connect wallet to Tide
=> Complete tasks (🔴 LIVE – 3 sprints & 2 side quests are already available!)
Learn more: https://blog.islamiccoin.net/haqq-expedition-vol-2-0-e357ef046261
💡HAQQ Network is a blockchain ecosystem with an ethics-first approach, emphasizing Real-World Assets and DeFi. By incorporating Islamic finance principles into a modern financial framework, it offers a novel approach to blockchain development. As an EVM-equivalent chain based on the Cosmos SDK, HAQQ allows for the smooth deployment of smart contracts written in Solidity and straightforward integration with tools designed for other EVM chains. The network is committed to ethical, Shariah-compliant finance, supporting risk-sharing and ethical investing.
🍣 DeFi and Bitcoin Merge with SushiSwap Rootstock Integration
SushiSwap, a decentralized exchange platform, has integrated with Rootstock, marking a significant milestone in decentralized finance (DeFi). This collaboration allows SushiSwap to expand its reach into the Bitcoin ecosystem, offering users advanced trading functionalities in a secure and decentralized environment. Rootstock, the first Ethereum Virtual Machine (EVM)-compatible Bitcoin sidechain, offers essential features.
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@DeFi_ICO_Invest
📣 IOTA Kickstarts EVM Targeting DeFi, Real World Assets
Blockchain network IOTA has started its layer 2 Ethereum Virtual Machine (EVM) network with a focus on real-world asset usage, the developers shared with CoinDesk over email. Tuesday's launch introduced functionality such as smart contracts, cross-chain capabilities, parallel processing and security against Maximal Extractable Value (MEV) into the IOTA ecosystem, boosting the fundamentals of the IOTA token.
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@DeFi_ICO_Invest
💰 Solana rally continues on memecoin activity and DeFi; ether implied volatility outpace bitcoin's
Solana's continued price rise recently remains propelled by memecoin trading on its network, according to the founder of a decentralized exhange. "Memecoins have certainly become a significant driver of activity on Solana. Beyond speculation, this showcases Solana’s ability to handle high transaction volumes with low fees, making it the perfect environment for retail users." Frizza told The Block.
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@DeFi_ICO_Invest
📣 IOTA debuts layer-2 solution to bridge defi with real-world assets
The IOTA Foundation has announced the launch of IOTA EVM, a layer-2 solution for the network designed to enable smart contracts functionality to expand the ecosystem’s capabilities in the decentralized finance (defi) space. IOTA Foundation revealed that blockchain developers can now deploy Solidity-based smart contracts on the IOTA network, a move aimed at bridging the gap between the IOTA and Ethereum ecosystems, enhancing IOTA’s capabilities.
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@DeFi_ICO_Invest
🪙 Uniswap Vote Delay Shows DeFi Stakeholders Aren't All in It Together
Uniswap Foundation announced it was delaying a key vote on whether to upgrade the protocol’s governance structure and fee mechanism to better reward holders of the UNI governance token. The nonprofit cited concerns from a “stakeholder,” thought to have been an equity investor in the organization behind the largest Ethereum-based decentralized exchange.
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@DeFi_ICO_Invest
🪙 Uniswap Foundation postpones vote on incentives
The Uniswap Foundation — the organization overseeing the decentralized exchange Uniswap — has postponed May 31’s highly anticipated vote on UNI staking and delegation rewards. The foundation announced on X that it postponed the vote due to a concern raised by a stakeholder. This prompted a more thorough review and examination of the proposal, leading to a delay in the decision-making process.
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@DeFi_ICO_Invest
🪙 Chainlink Partnership With Circle Enhances Defi Ecosystem
The world of decentralized finance (DeFi) has received a significant boost. Chainlink, the leading decentralized oracle network, is redefining the industry by joining hands with Circle, the global fintech giant behind USDC and EURC, the popular stablecoins. This collaboration intends to unlock the true potential of stablecoins for enterprise institutions and create a more secure and robust DeFi ecosystem.
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@DeFi_ICO_Invest
💰 Metaplex & Mutant Labs Launch DeFi Framework on Solana
Metaplex Foundation has introduced MPL-404, a framework and on-chain protocol focused on hybrid decentralized finance (DeFi). This initiative establishes “SPL-404 ” created by Mutant Labs within the Metaplex Program Library. The collaboration improves the integration of tradeable and non-tradeable commodities within the Solana ecosystem.
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@DeFi_ICO_Invest
🪙 Uniswap Foundation delays vote for token staking and delegation rewards, UNI falls 8.7%
The Uniswap Foundation, the organization overseeing the decentralized exchange Uniswap, delayed the vote for staking and delegation rewards slated for Friday. The postponement was due to a "stakeholder" discussing concerns with the Foundation that prompted more attention. UNI's price fell following the announcement.
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@DeFi_ICO_Invest
📣 Radix's New $10 Million Ecosystem Fund Is Paving the Way for DeFi's Mass Adoption
DeFi to truly go mainstream, it needs to offer attractive yields – but more so it needs to provide intuitive experiences, robust security and compelling use cases. Reality, though, has often fallen short of that dream. Unsustainable yields and speculative tokens have drawn criticism that some projects are more focused on enriching insiders than building lasting value.
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@DeFi_ICO_Invest
📣 Ethereum DeFi Projects Still Favorite Target for Hackers, But Stolen Funds Down 28% in May: Immunefi
Hackers were unsuccessful in exploiting any major centralized entity in May, while DeFi protocols witnessed a downtick in losses occurring from hacks and frauds, according to a report from bug bounty platform Immunefi. $52.4 million was stolen from DeFi investors in May due to hacks and frauds. This represents a 12% decrease in the amount lost from the same period in the prior year. Moreover, it is a sharp decline of 28% from April this year.
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@DeFi_ICO_Invest
📣 Citi-backed crypto unicorn Talos acquires DeFi platform Skolem
Talos, a crypto trading software provider and unicorn backed by heavyweights including Citibank and Andreessen Horowitz (a16z), has acquired Skolem, which offers a DeFi-access platform. The size of the deal and other terms weren't disclosed, but Talos said Skolem would help expand its on-chain capabilities and connect its institutional clients to additional decentralized finance or DeFi services.
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@DeFi_ICO_Invest
🪙 Uniswap vote on ‘fee switch’ sends token up 20%
Uniswap DAO members will on Friday begin voting on a proposal that brings the cooperative one step closer to turning on the so-called “fee switch.” For years, proponents have argued turning on the fee switch would be a boon for investors of Uniswap’s governance token, UNI, by creating a way for them to share in Uniswap’s success. Uniswap has collected more than $3.6 billion in fees since its launch almost five years ago.
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@DeFi_ICO_Invest
🔵 Aave to Launch Own Blockchain After V4 Upgrade
Aave is looking to launch its own blockchain, dubbed Aave Network, after its forthcoming V4 upgrade. Given the lending protocol’s $13 billion in total value locked (TVL), the proposed network could potentially become one of the largest Layer 2 solutions in DeFi. Yesterday, following speculation from Aave DAO members on social media, Aave CEO Stani Kulechov posted, “This is not a drill, Aave Network is planned to come after V4.”
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@DeFi_ICO_Invest
📣 Manta CeDeFi Crossed $100M In TVL After One Week
Manta’s new CeDeFi product is off to a bullish start, with the project attracting more than $120 million in assets within its first week. Data from DeFiLlama shows Manta CeDeFi boasting $121.5 million in total value locked (TVL) following its debut on May 19. The impressive growth is likely spurred by Manta offering a two-month points program qualifying early adopters who deposit assets before the product surpasses a $500 million TVL for monthly MANTA airdrops.
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@DeFi_ICO_Invest
🪙 Uniswap v4 Prepares for Launch: Pioneering Next-Level Security in DeFi
In a significant development for the decentralized finance (DeFi) sector, Uniswap Foundation has outlined its roadmap for the launch of Uniswap v4, the latest upgrade to one of the most widely used decentralized exchanges (DEXs) on Ethereum. As part of its commitment to security and reliability, the foundation has announced a comprehensive audit strategy involving some of the top firms in blockchain security. This proactive approach aims to fortify Uniswap v4 against potential vulnerabilities and set a new benchmark in DEX security.
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@DeFi_ICO_Invest
📣 DeFi Protocol Chainge Secures $13M Investment to Enhance Cross-chain Trading
The cross-chain protocol plans to stick with its proposed plan of making the platform one of the leading liquidity providers in the industry. Chainge, a cross-chain liquidity protocol, has received $13 million in funding from two crypto-focused investment companies to expand its business offerings and make cross-border trading more accessible to users across the world through artificial intelligence (AI) solutions.
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@DeFi_ICO_Invest
📣 Blast Blockchain Secures Sixth Spot In DeFi Network Rankings
In an unprecedented development witnessed within the Web3 landscape, Blast, an Ethereum Layer 2 (L2) blockchain, has recently taken the market by storm, securing the sixth spot in TVL (Total value locked) among all blockchains. Overtaking Base, a layer-2 (L2) blockchain network developed by Coinbase, Blast runs just behind Arbitrum, boasting a TVL of $1.87 billion, per data by DeFiLlama.
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@DeFi_ICO_Invest
