Coindesk

When it comes to trading memecoins, time is money — and waiting on a centralized exchange (CEX) could cost you both. Take $TRUMP, for example. On Jan. 17, 2025, just before his inauguration, Donald Trump launched his memecoin on Solana, which surged past a $14.5 billion peak market cap on decentralized exchanges (DEXs) like Raydium and Orca within little more than 24 hours, making it the second largest memecoin behind Dogecoin at one point.By the time the major CEXs listed $TRUMP a day or two later — having cleared the usual bureaucratic rigmarole — the action was over. As such, for speculators, DEXs aren’t just faster; they’re more liquid, more volatile and frankly, more fun. In a market where fortunes...

The developers behind Lido, the largest staking service on Ethereum, have proposed revamping the staking platform with modular "vaults."The new framework would introduce stVaults, a customizable component designed to help Lido accommodate institutions and more complex staking strategies.Lido currently allows investors to pool their ether (ETH) together and "stake" their crypto — locking up their tokens with the network, helping to secure it in exchange for interest. Lido pioneered liquid staking: users get a receipt on their deposits called Lido staked ETH (stETH) that they can trade at any time. With liquid staking on Lido, entering and exiting staking positions became as simple as buying and selling stETH tokens.Lido V3's stVaults are “modular smart contracts designed to meet the diverse...

CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.The CoinDesk 20 is currently trading at 3237.73, up 0.8% (+26.27) since 4 p.m. ET on Monday.Fifteen of 20 assets are trading higher.Leaders: ADA (+13.6%) and LTC (+6.5%).Laggards: APT (-3.5%) and AAVE (-1.1%).The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally.Source link

Layer-1 blockchain TON said it is linking up with interoperability protocol LayerZero to allow users to move funds between multiple ecosystems in a relationship that will generate increased usage and fees for both parties.TON will initially be connected to 12 blockchains including Ethereum, Tron and Solana. Users will be able to transfer stablecoins to TON using Stargate, the largest crypto bridge. Stargate handled $1.6 billion in volume over the past month, according to DefiLlama.Users will also benefit from LayerZero's multichain liquidity, which allows funds locked in different blockchains to be pooled to reduce the chance of slippage — a change in price between initiating and ending a transaction — or outright failure.Liquidity is key decentralized finance (DeFi). There is some...

KULR Technology Group (KULR) has expanded its bitcoin (BTC) holdings to 610.3 BTC.The firm increased its total bitcoin stash to approximately $60 million after buying an additional $10 million worth at an average price of $103,905 per bitcoin, according to the announcement.This move aligns with the company’s bitcoin treasury strategy, announced in December 2024, where up to 90% of its surplus cash reserves are allocated to bitcoin.The company reported a BTC Yield of 167.3% year-to-date, using surplus cash and its at-the-market (ATM) equity program to fund acquisitions. BTC Yield is a key performance indicator (KPI) used to measure the percentage change in KULR’s Bitcoin holdings relative to its fully diluted shares outstanding. Shares of KULR were down nearly 2% in...