Plume Network, a blockchain focused on tokenized real-world assets (RWAs), is acquiring Dinero Protocol to bring institutional-grade yield products for ether (ETH), Solana's SOL (SOL) and bitcoin (BTC) directly into its ecosystem. Dinero’s flagship staking product, the ipxETH yield-bearing token that has drawn $125 million in total value locked, will become a key anchor for Plume’s expanded decentralized finance (DeFi) yield offering. The token gives institutional investors access to Ethereum staking yiel ...

Core Insights - Ondo Finance has completed the acquisition of Oasis Pro, enhancing its position in the Real World Assets (RWA) sector and aiming for a breakout in the market [1][3] - The tokenized securities market is projected to exceed $18 trillion by 2033, indicating significant growth potential for Ondo [2] - This acquisition allows Ondo to operate within US financial regulations, bridging traditional finance and blockchain, which is essential for attracting institutional investors [3] Company Developments - Ondo's Total Value Locked (TVL) reached an all-time high of $1.74 billion, with Q3 revenue and fees amounting to approximately $13.7 million [4] - Ondo Global Markets has surpassed $300 million in tokenized assets, driven by strong demand for tokenized treasuries, stocks, and stablecoins [5] Market Dynamics - The current trading price of ONDO is $0.94, reflecting a 2.84% increase in the past 24 hours, with a support zone identified around $0.86 and a target of $1.12 if bullish momentum continues [6] - The ONDO Short Term Bubble Risk (STBR) indicator suggests that the asset has completed a full market cycle and is currently stabilized, although there are warnings of potential overheating if trading volume increases [8][9]

Core Insights - The year 2025 is anticipated to be significantly influenced by stablecoins and decentralized finance (DeFi) developments, particularly with the launch of CakePad by PancakeSwap, which has positively impacted CAKE USD prices [1] - The price of BNB has surged above $1,200, with expectations of reaching $2,000, contributing to the bullish sentiment in the crypto market [2] - PancakeSwap currently manages over $2.6 billion in assets and has generated substantial trading fees, indicating strong trust and activity within the platform [3] Company Performance - CAKE, the governance token of PancakeSwap, offers an annual percentage yield (APY) of +11.67% for stakers, outperforming other lending options [4] - Trader sentiment is predominantly bullish, with a long/short ratio of 2 on Binance, indicating a strong preference for long positions among traders [4] - Open interest for CAKE crypto has increased significantly, tripling from below $60 million to $180 million within a few days, suggesting heightened trading activity [5] Price Projections - CAKE crypto is currently in a bullish breakout formation, with targets set at approximately $4.5 and potentially reaching $5 and higher if momentum continues [5] - Analysts suggest that breaking the $5 mark could confirm a breakout, with some predicting that CAKE USD could double to $10 if momentum accelerates [6]

Last week, I had Alex from Wolfswap as a guest on my stream.Wolfswap is one of the leading protocols on Cronos.We talked a little bit about how they started with just $5k USD back in the day, how they built Wolfswap into what it is today, and about their upcoming Wolfies mint on Cronos tomorrow (I'm on the WL).It was a great conversation, and in this clip he shared his philosophy on building products in Web3 with me, which I found really inspiring ...

Core Insights - DeFiLlama has removed Aster's perpetual futures volume data due to concerns over data integrity after detecting trading volumes closely mirroring those of Binance [1][2][3] Volume Correlation - Aster's trading volumes for pairs like XRP/USDT showed a correlation ratio of approximately 1 with Binance, while competitor Hyperliquid displayed decorrelation [2] - Correlation patterns were even more pronounced for other assets like ETH, indicating similar trends across all trading pairs [3] Community Reactions - The delisting has caused a split in the crypto community, with critics questioning DeFiLlama's centralization and defenders attributing the correlation to legitimate liquidity migration from Binance [4] - Blockchain investigator ZachXBT criticized Anndy Lian for normalizing wash trading, while Lian defended the practice as common in the industry [5] Trading Volume Data - Aster's total trading volume has exceeded $2.2 trillion, with a total value locked of $1.52 billion, 3.18 million total users, and $328.28 million in all-time income [7]

july crypto hack, hack crypto, crypto loss. Photo by BeInCrypto DeFi project Abracadabra has suffered a fresh exploit that drained about $1.7 million from its platform. Blockchain security firm Go Security flagged the breach on October 4 and confirmed that attackers had already laundered about 51 ETH through Tornado Cash. At the time of reporting, the attacker’s wallet (identified as 0x1AaaDe) still held around 344 ETH, worth approximately $1.55 million. How Abracadabra Was Exploited for the Third Time ...

jupiter reclaimed #1 dex aggregator position across all chains operating only on solana. 1inch needs 9 chains to compete with jup's single chain volume. dtf platform launches into $140m quarterly launchpad market that https://t.co/31ZmEI0BSv proved. 80% revenue to holders at 4x earnings multiple when tradfi pays 20x for growth. smart money accumulation makes sense when you're buying the formula 1 winner racing on one track ...

Stani Kulechov calls embedded DeFi a trillion-dollar fintech opportunity, with Aave eyeing $100B deposits as low rates fuel DeFi growth. | Credit: Pexels. Key Takeaways Stani Kulechov believes fintechs can unlock a trillion-dollar opportunity by integrating decentralized finance directly into their platforms. At TOKEN2049, Kulechov argued that lower central bank rates create more arbitrage opportunities for DeFi yields. Kulechov projects Aave could reach $100 billion in deposits by year’s end, placin ...

Crypto.com plans to offer customers the ability to borrow against their crypto deposits following the success of a similar feature on rival exchange Coinbase. On Thursday, the crypto exchange announced a partnership with Morpho, the second-biggest decentralised finance lending protocol. Morpho will facilitate the loans and deploy its lending protocol on Cronos, a blockchain created by Crypto.com, as part of the tie-up. “Our mission has always been to accelerate the world’s transition to cryptocurrency, a ...

Core Insights - SUI Group Holdings Limited has launched suiUSDe, a Sui-native synthetic dollar token, in partnership with Ethena and the Sui Foundation [1] - The company also introduced USDi, a stablecoin backed by the BlackRock USD Institutional Digital Liquidity Fund [1] - Ethena is the protocol behind USDe, which is noted as the third-largest and fastest-growing USD-denominated digital asset [1]