Decentralized Finance (DeFi)

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DeFi Development Corp. to Host X Spaces Event: “July 2025 Business Recap & AMA”
Globenewswire· 2025-08-01 18:42
BOCA RATON, FL, Aug. 01, 2025 (GLOBE NEWSWIRE) -- DeFi Development Corp. (Nasdaq: DFDV) (the “Company”) today announced it will host a live X Spaces conversation on Monday, August 4, 2025, at 1:30 p.m. Eastern Time, titled “July 2025 Business Recap & AMA.” The event will offer participants a detailed review of the Company’s recent business developments, key milestones, and strategic initiatives undertaken in July 2025. Additionally, the Company’s leadership team will host an interactive Ask-Me-Anything (AMA ...
DeFi Dev Corp. Establishes Strategic Partnership with Solflare, Becomes Official Wallet Provider
Globenewswire· 2025-08-01 12:30
BOCA RATON, FL, Aug. 01, 2025 (GLOBE NEWSWIRE) -- DeFi Development Corp. (Nasdaq: DFDV) (the “Company”), the first public company with a treasury strategy built to accumulate and compound Solana (“SOL”), today announced it has signed a Letter of Intent (LOI) to explore a strategic collaboration with Solrise Group Ltd, creators of Solflare, the leading Solana-native wallet serving over 4 million active users. This collaboration aims to enhance the adoption and awareness of DeFi Development Corp.’s onchain fi ...
X @Cointelegraph
Cointelegraph· 2025-08-01 05:00
🔥 LATEST: Tom Lee says, “Wall Street will stake ETH to be involved in the enhancement of ethereum,” as it moves to financialize the world onto blockchain.“That is the difference between centralized finance and defi.” https://t.co/6RJJzPysGd ...
科普|你正在用的“美元”,也许早就不是美元了
Xin Lang Cai Jing· 2025-07-31 23:56
Core Insights - Stablecoins are quietly transforming the global payment system by providing a stable digital currency that maintains a value of 1 USD, replacing traditional banking methods in various applications [1][2] - The adoption of stablecoins is driven by their efficiency in cross-border remittances, inflation hedging, decentralized finance (DeFi) transactions, and merchant payments [3][4] Group 1: Use Cases and Adoption - Cross-border remittances are facilitated by stablecoins like USDT and USDC, allowing for quick and low-cost transactions compared to traditional banking methods [3][4] - In countries like Argentina and Venezuela, stablecoins are used as a means of savings to combat local currency devaluation [3][4] - Stablecoins are becoming the primary transaction unit in the DeFi ecosystem, providing liquidity and facilitating lending and collateralization [3][4] Group 2: Regulatory Landscape - Global regulatory approaches are shifting from suppression to acceptance, with countries aiming to manage and guide stablecoin usage [5][6] - The U.S. is advancing the "Payment Stablecoin Act," which mandates licensing, reserve requirements, and audits for issuers, while the EU has enacted the MiCA regulation to ensure transparency and compliance [6] - Asian financial centers, such as Hong Kong, are establishing regulatory sandboxes to pilot stablecoin projects aimed at enhancing cross-border transactions [6] Group 3: Future Trends - Stablecoins are emerging as a "digital dollar" for global cross-border payments, facilitating labor remittances and small international trade [8] - In the Web3 environment, stablecoins are becoming essential for transaction valuation and lending, acting as a foundational financial language [9] - Some nations are exploring "sovereign stablecoins," which are backed by national currencies and issued by commercial banks, potentially serving as future policy tools [10] Group 4: Real-World Applications in Hong Kong - Hong Kong is utilizing stablecoins to address real-world issues, with several fintech companies issuing HKD stablecoins backed by real assets [11][13] - The use of stablecoins in cross-border payments has significantly reduced transaction times and costs for small businesses [13][14] - Stablecoins are integrated with smart contracts to automate payment processes, enhancing efficiency and reducing disputes [16] Group 5: Integration with Digital Currencies - Stablecoins are facilitating seamless transactions between digital currencies, such as the digital RMB and HKD stablecoins, creating an invisible payment channel [17][19] - This integration allows for real-time currency conversion and settlement without relying on traditional exchange markets [18][19] Group 6: Conclusion - Stablecoins are not just a speculative asset but are becoming integral to various financial activities, including payments, savings, and trade [20] - The evolution of stablecoins represents a quiet yet significant revolution in the monetary landscape, impacting users beyond the cryptocurrency sphere [20]
Hyper Bit Increases Credit Line with Bit Royalty to $2 Million for Crypto Treasury Purchases, Receives $481,250 from Warrant and Option Exercises and Announces Planned Attendance at Ethereum Event
Newsfile· 2025-07-30 07:05
Core Insights - Hyper Bit Technologies Ltd. has increased its credit line with Bit Royalty to CAD $2 million for acquiring cryptocurrencies as treasury assets [1][8] - The company has received CAD $481,250 from the exercise of warrants and options, which will be used for purchasing additional crypto miners and general working capital [3][4] - Hyper Bit plans to attend the ETH Vancouver Meetup, celebrating 10 years of Ethereum [6][7] Credit Facility and Purchases - The amended agreement with Bit Royalty allows Hyper Bit to purchase various cryptocurrencies, including Bitcoin, Ethereum, and others, as treasury assets [1][9] - To date, Hyper Bit has completed CAD $125,000 in draw-down purchases with Bit Royalty [1] - The credit facility will bear an interest rate of 10% and may be converted to equity at Bit Royalty's discretion [8][9] Financial Activities - The company has received CAD $481,250 from warrant and option exercises, which will support its operational and expansion efforts [3][4] - The funds will be allocated towards acquiring additional crypto mining hardware and general working capital [3][4] Company Profile - Hyper Bit Technologies Ltd. specializes in the acquisition and development of crypto mining operations and blockchain innovations [10] - The company is a member of the Blockchain Association of Canada and the American Blockchain & Cryptocurrency Association [10]
Hyper Bit Advances Funds for Purchase of an Additional Ten ElphaPex DG1+ Crypto Miners
Newsfile· 2025-07-28 07:05
Core Viewpoint - Hyper Bit Technologies Ltd. has advanced funds to DogeCoin Mining Technologies Corp. for the purchase of ten additional ElphaPex DG1+ miners, increasing the total to twenty units for mining Dogecoin and Litecoin [1][3]. Group 1: Company Operations - The total investment for the twenty DG1+ miners amounts to USD $108,000, with a unit price of USD $5,400 [1]. - The miners will be installed at a third-party owned facility in Quebec, Canada, which is powered by 11 MW of renewable energy [1][3]. - The company aims to optimize the deployment of these high-efficiency ASIC mining rigs for effective mining operations [3]. Group 2: Company Profile - Hyper Bit Technologies Ltd. specializes in the acquisition, development, and strategic deployment of crypto mining operations and blockchain innovations [4]. - The company is positioned to capitalize on the growing global interest in digital assets, driven by blockchain technology and decentralized finance [4]. - Hyper Bit is a member of the Blockchain Association of Canada and the American Blockchain & Cryptocurrency Association [4].
Baiya International Group Inc. Positions for Global DeFi Ecosystem Expansion as Starfish’s UpTop.Meme Launches on Binance Alpha
Globenewswire· 2025-07-24 12:00
Core Insights - Baiya International Group Inc. has announced the launch of UpTop.Meme on Binance Alpha, marking a significant step in its strategic commitment to decentralized finance (DeFi) and Web3 [1][5] - The company signed a merger framework agreement with Starfish Technology-FZE to acquire all equity interests and core assets, indicating a transformation into a next-generation capital market participant [4][5] Group 1: Company Developments - The UpTop platform aims to provide on-chain liquidity infrastructure for both native crypto assets and tokenized traditional financial assets, bridging traditional and future finance [3] - The merger with Starfish includes the integration of core assets, technical IP, and the operational team, enhancing BIYA's capabilities in the DeFi space [4] - BIYA's CEO emphasized the importance of UpTop's launch on Binance as a strategic milestone for transitioning into digital capital markets [5] Group 2: Industry Context - By joining Binance Alpha, UpTop gains visibility among elite crypto-native users and becomes a key project within the Binance ecosystem [2] - UpTop is rolling out an airdrop campaign and a global trading competition to incentivize user participation and enhance platform liquidity [2] - The platform supports token trading of equities, treasuries, and more, creating a permissionless global liquidity foundation [3]
Digital Asset Technologies Inc. Welcomes Brian Rose to Advisory Board
Globenewswire· 2025-07-24 11:30
Core Insights - Digital Asset Technologies Inc. (DATT) has appointed Brian Rose to its Advisory Board, enhancing its strategic capabilities in the cryptocurrency and DeFi sectors [1][5] - Brian Rose brings a diverse background in traditional finance, media entrepreneurship, and cryptocurrency education, which will support DATT's initiatives in real-world asset tokenization and decentralized infrastructure [2][3][4] Company Overview - Digital Asset Technologies Inc. is a publicly traded investment issuer focused on equity investments in technology companies, particularly in blockchain technology through its portfolio company, LiquidLink [7] - LiquidLink aims to build secure infrastructure for the tokenized economy, developing products like Xrpfy to enhance trading intelligence and self-custody tools [8][9] Advisory Board Enhancement - The addition of Brian Rose to the advisory board is expected to provide strategic guidance on market trends and community engagement, leveraging his extensive network [4][5] - Rose's experience in simplifying complex topics and building communities is seen as a significant asset for DATT's growth and innovation [5] Stock Options Announcement - DATT has granted stock options to purchase up to 350,000 common shares at a price of $0.25 per share, exercisable for five years, with a vesting period of 12 months [6]
DeFi Technologies' Subsidiary Valour, Surpasses US$1 Billion in Assets Under Management
Prnewswire· 2025-07-22 20:05
Core Insights - DeFi Technologies' subsidiary Valour has surpassed US$1 billion in assets under management (AUM), reaching US$1,009,993,748 as of July 22, 2025, marking a 31% increase from US$771 million on May 30, 2025, driven by strong investor demand and rising digital asset prices [1][2][6] Group 1: AUM Growth and Market Demand - Valour's AUM growth reflects continued investor interest in regulated digital asset products and the increasing market value of the underlying digital assets [2][6] - The company reported earning US$10 million in staking and lending income and US$2.6 million in management fees in Q1 2025, with a blended yield of approximately 8% on staked AUM [8] Group 2: Product Offering and Market Position - Valour offers the most diverse array of digital asset ETPs globally, providing access to a wide range of cryptocurrencies, including major Layer 1s, staking assets, and emerging tokens [3] - The company has over 75 listed products across European exchanges, positioning itself as a leader in regulated digital asset ETPs [4] Group 3: Global Expansion Strategy - Valour is expanding into high-growth international markets, including Asia, Africa, and the Middle East, through strategic partnerships with AsiaNext, SovFi, the Nairobi Securities Exchange, and Misyon Bank [4][7][6] - The partnerships aim to create, issue, and trade digital asset ETPs in emerging markets with developing digital asset infrastructure and regulatory clarity [4][7] Group 4: Revenue Model and Sustainability - Valour employs a vertically integrated model that combines staking, lending, and management fees, generating recurring cash flows and supporting sustainable growth as AUM increases [5][6] - The company retains the 8% blended yield on staked AUM as profit, enhancing its financial sustainability [8]