Author: msmark

On Jan. 29, Chainlink Labs and Protocol Labs announced a partnership to enrich the Chainlink BUILD program, designed to amplify dApp development by aligning incentives across various ecosystems. Through this alliance, members of the Chainlink BUILD program will gain access to various developmental tools, services, and specialized support, including options for decentralized storage and engineering aid. .@protocollabs and @chainlinklabs have entered into a strategic alliance. This alliance will help #Chainlink BUILD members access various developer tools, services, and support, including decentralized storage credits and engineering support.— Chainlink (@chainlink) January 29, 2024 Protocol Labs, with its extensive network of more than…

Maker Protocol tops the list in terms of revenue generated over the past month as Total Value Locked in the protocol witnesses swell. According to data provided by Defi Llama, Maker Protocol generated $14.22 million in revenue — also collected the same amount in fees — in the past 30 days. However, The DAI stablecoin generator’s TVL witnessed a 6.3% decline in the same timeframe, falling to $7.98 billion. Defi protocols’ revenue – Jan. 30 | Source: Defi Llama The leading defi protocol, Lido Finance, with a $21.8 billion TVL, accumulated $71.11 million in fees, per the data aggregator. The…

The decentralized platform Pendle Finance sees a surge in liquidity crossing the $500 million threshold on the heels of a deal with Ondo Finance. Pendle Finance’s native token PENDLE is up over 18% following a deal with Coinbase-backed protocol Ondo Finance, which revealed in an X post on Jan. 29 that its users can now leverage the “composability of our tokenized cash equivalents.” While specific details regarding the collaboration remain undisclosed, the announcement has seemingly played a role in fostering positive sentiment within the Pendle community. According to DefiLlama data, the total value locked (TVL) in Pendle Finance set a…

TD Cowen’s Washington Research Group predicted that spot Ethereum ETFs will not gain approval this year, according to Kitco on Jan. 29.The U.S. Securities and Exchange Commission (SEC) must soon decide on proposed rule changes that would allow spot Ethereum ETFs to be listed and traded on securities exchanges. TD Cowen argued that approval is unlikely, stating:“[The SEC] can eventually reject the rule change, which either will lead to a new application or litigation … Either will take another year or two to play out.”In that event, any possible spot Ethereum ETF approval is unlikely to occur until late 2025…

In the fast-evolving and dynamic world of online trading, selecting the right platform can mean the difference between profit and loss. One platform that has consistently proven to be robust, intuitive, and user-friendly for traders is RoboForex.com. With its myriad features, state-of-the-art technology, and top-notch customer service, RoboForex has been a significant contributor to the ease and efficiency of online trading. Understanding RoboForex.com RoboForex.com is an online broker that provides traders with access to the global financial markets. They offer a wide array of financial instruments, from Forex and commodities to indices, stocks, and cryptocurrencies. The platform boasts a multitude…