Time for a Solana price rebound? SOL futures are mixed, but onchain looks bullish

Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week.The prolonged crypto winter aided by the collapse of FTX has kept investors from backing a new protocol that merges DeFi and the foreign exchange market. A new Cosmos blockchain-based…

Experts say that the lack of base yield and fragmented liquidity have made Bitcoin DeFi a challenging environment to navigate.

Though most major cryptocurrencies have broken below their support levels during the most recent fall, Bitcoin, which is inarguably the leader, has held its ground. This is a positive sign as it shows that the stronger hands are not panicking. This week top venture capitalist Tim Draper also reiterated his bullish view on Bitcoin. Draper is…

The investor said they learned about the exchange from a “random friend request on LinkedIn.”

Tether (USDT) usage in decentralized finance (DeFi) appears to be growing, as lending protocol Aave reports over $7.2 million in USDT locked, out of a reported $60 million in total assets.This result comes two months after the initial launch of Tether on the platform, which offers a wide range of other stablecoins including Dai (DAI),…

DYdX Foundation CEO Charles d’Haussy said that the exchange is taking a “new step forward” by decentralizing the order book. 272 Total views 2 Total shares Decentralized exchange (DEX) platform dYdX plans to offer a “purely decentralized” order book exchange as it migrates its ecosystem from the Ethereum network to the interchain network Cosmos.At the

Suresh Kumar suggested that crypto will become an important payment tool across the Metaverse and social media, as these areas will be a major way customers discover new products. 278 Total views 7 Total shares Walmart’s global chief technology officer (CTO) Suresh Kumar has tipped cryptocurrency to become a "major" area of disruption, particularly in…