Crypto News
CoinDesk 20 Performance Update: NEAR Gains 4.4% as Index Rises from Wednesday
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 2966.55, up 1.0% (+29.05) since 4 p.m. ET on Wednesday.Ten of 20 assets are trading higher.Leaders: NEAR (+4.4%) and XRP (+4.0%).Laggards: ADA (-5.6%) and APT (-5.1%). The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally.Source link
Bitwise Taps Maple Finance as ‘Battle-Tested’ DeFi Lender
The lending protocol Maple Finance said that the crypto asset manager Bitwise has tapped its platform to provide institutional loans.Source link
Bitcoin ETFs Witness $38 Million Outflow as Grayscale Withdrawals Hit Ether ETFs Hard
On March 5, Bitcoin ETFs experienced net outflows of $38 million, with Valkyrie’s BRRR leading the withdrawals. Ether ETFs faced even larger outflows, totaling $63 million, primarily due to significant withdrawals from Grayscale’s ETHE. Midweek Outflows: Crypto ETFs Experience Significant Withdrawals In a week marked by significant market fluctuations, bitcoin and ether exchange-traded funds (ETFs)Source link
Lombard Finance to Launch its Liquid-Staking Bitcoin Token LBTC on Sui
Lombard Finance’s liquid-staking bitcoin token, LBTC, will launch on the Sui blockchain on Thursday, marking its first expansion to a non-Ethereum Virtual Machine (EVM) compatible chain.
The expansion extends LBTC beyond the blockchains it currently uses, which include Ethereum, Base, and BNB chains. The token is meant to install bitcoin as collateral on decentralized finance (DeFi) applications, which on Sui currently have around $1.3 billion in total value locked (TVL).
Bringing LBTC to Sui means that users on the network will have access to bitcoin staking rewards while being able to leverage the tokens across its decentralized finance protocols, according to a press release shared exclusively with CoinDesk.
The token is set to be supported by Sui Wallet and Phantom Wallet while being...
Solana Game ‘Nyan Heroes’ Reveals Biggest Airdrop Yet for Next Playtest
Ahead of its Epic Games Store return this month, Nyan Heroes said it will hand out 6.7 million NYAN tokens to players.Source link