Search results for "DEFI"
01:51

USELESS (Useless Coin) rose 40.20% in the last 24 hours

Gate News Bot news, on August 14, according to CoinMarketCap data, as of the time of writing, USELESS (Useless Coin) is currently priced at 0.28 USD, having risen 40.20% in the last 24 hours, reaching a high of 0.32 USD and a low of 0.19 USD. The current market capitalization is approximately 280 million USD, an increase of 80.4 million USD from yesterday, currently ranked 179th. Useless Coin is the world's first cryptocurrency that promises to do nothing and fully delivers on that promise. The project markets itself with zero objectives and 100% uselessness, claiming to be the most honest cryptocurrency in the world. USELESS has no DeFi, NFT, or staking features, offering pure uselessness instead. Its marketing slogans include "Guaranteed Loss" and "Roadmap to Nowhere," emphasizing the project's honesty and sense of humor.
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USELESS50.62%
00:43

The DeFi Education Fund has established the "DeFi Education Foundation" to promote encryption policy education.

Odaily News The Decentralized Finance lobbying organization DeFi Education Fund (DEF) announced the establishment of the "DeFi Education Foundation," aimed at providing U.S. lawmakers with education on encryption policies and laws, and offering donors a tax-deductible charitable donation channel. The organization is advocating for the Senate to approach DeFi cautiously in encryption regulatory legislation and is calling on the U.S. Securities and Exchange Commission (SEC) to establish a "safe harbor" mechanism for specific blockchain applications. (The Block)
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DEFI-0.61%
23:59

Decentralized Finance education fund launches a non-profit organization for tax-deductible donations

PANews, August 14 - According to The Block, one of Washington's largest decentralized finance lobbying groups, the DeFi Education Fund (DEF), is launching the DeFi Education Foundation, a nonprofit organization aimed at educating legislators who are drafting rules for the crypto assets industry and providing a tax-deductible charitable donation channel for donors. The new foundation will be led by DeFi Education Fund Executive Director Tuminelli, Greg Xethalis of Multicoin Capital, and Michael, co-founder of Arktouros PLLC.
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DEFI-0.61%
11:53

DeFi financial technology listed company DeFi Technologies disclosed issues of equity and custody imbalance, and plans to upgrade trading review.

Odaily News Nasdaq-listed decentralized finance technology company DeFi Technologies disclosed recent survey results, which pointed out significant discrepancies between the reported number of beneficial owner shares by the agency service company and the number of shares recorded by relevant custodial institutions, including the Depository Trust Company (DTC) and the Canadian Depository for Securities (CDS). This issue requires further investigation. DeFi Technologies added that it has contacted relevant parties to reconcile and explain these discrepancies, and if a satisfactory solution is not obtained, it is prepared to escalate the matter and report it when necessary. (Prnewswire)
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DEFI-0.61%
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07:59

RAY (Raydium) has pumped 14.14% in the last 24 hours.

Gate News Bot news, August 13, according to CoinMarketCap data, as of the time of writing, RAY (Raydium) is currently priced at $3.53, with a rise of 14.14% in the last 24 hours, reaching a high of $3.66 and a low of $2.64, with a 24-hour volume of $223 million. The current market capitalization is approximately $946 million, an increase of $117 million compared to yesterday. Raydium is an automated market maker (AMM ) and decentralized exchange (DEX ) based on the Solana blockchain. It provides users with functions such as token swapping, liquidity provision, and staking, and helps new projects with token issuance through LaunchLab. Raydium aims to provide efficient and low-cost DeFi services for the Solana ecosystem. Important news about RAY recently:
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RAY9.92%
02:39

KMNO (Kamino Finance) rose 14.98% in 24 hours.

Gate News Bot message, August 13, according to CoinMarketCap data, as of the time of writing, KMNO (Kamino Finance) is currently priced at $0.06, with a rise of 14.98% in the last 24 hours, reaching a high of $0.06 and a low of $0.05. The current market capitalization is approximately $153 million, an increase of $19.9 million compared to yesterday. Kamino Finance is a decentralized finance platform that provides users with automated yield lending vault services. The platform supports various stablecoins and cryptocurrency assets, allowing users to earn yield through deposits. Kamino Finance also offers multiple DeFi features such as liquidity mining and leveraged trading, aiming to provide users with comprehensive decentralized financial services. Important news about KMNO recently: 1️⃣ **
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KMNO9.99%
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01:07

SKL (SKALE) rose 24.87% in the last 24 hours.

Gate News Bot news, on August 13, according to CoinMarketCap data, as of the time of writing, SKL (SKALE) is currently priced at $0.03, with a rise of 24.87% in the last 24 hours, reaching a high of $0.03 and a low of $0.02. The current market capitalization is approximately $152 million, an increase of $30.2 million compared to yesterday. SKALE is a fast, gas-free blockchain network optimized for high-throughput use cases such as gaming, AI, and DeFi. As a decentralized open-source platform, SKALE combines speed, scalability, and security, making it an ideal network for building next-generation blockchain applications. Important news about SKL recently: 1️⃣ **SKALE Network technology upgrade drives price rise** The SKALE network recently underwent an important technical upgrade, and
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SKL35.21%
15:48

Aave protocol TVL soars to nearly 50 billion USD, dominating the Ethereum decentralization lending market.

PANews, August 12 news, according to The Block report, the total value locked (TVL) of the Aave protocol has surged from $8 billion to $47 billion this year, occupying about 80% of the lending market share on Ethereum. The number of active borrowing users on Aave has exceeded 1,000, demonstrating its dominant position in the DeFi lending sector. The protocol achieves transparent lending through smart contracts, allowing users to access funds without thresholds 24/7 and manage their assets flexibly. Aave's rapid rise reflects that institutions are accelerating the adoption of decentralized lending, making this sector an important bridge connecting TradFi and the crypto market.
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AAVE2.56%
ETH2.62%
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01:57

DEXT(DEXTools)24 hours pump 24.66%

Gate News Bot message, August 12, according to CoinMarketCap data, as of the time of writing, DEXT(DEXTools) is currently priced at $0.49, having pumped 24.66% in the last 24 hours, reaching a high of $0.54 and a low of $0.37. The current market capitalization is approximately $38.2 million, an increase of $7.55 million compared to yesterday. DEXTools is a decentralized trading tool platform that provides users with DEX trading pair data, chart analysis, wallet tracking, and other features, dedicated to offering professional trading analysis tools for DeFi users. Important news about DEXT recently: 1️⃣ **ChainGPT Labs partners with DEXTools to launch DEXT PAD** ChainGPT Labs has joined forces with DEXTools to launch DEXT PAD
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DEFI-0.61%
00:39

CFX (Conflux) fell 5.65% in the last 24 hours

Gate News Bot news, on August 12, according to CoinMarketCap data, as of the time of writing, CFX (Conflux) is currently priced at 0.20 USD, a fall of 5.65% in the last 24 hours, with a high of 0.23 USD and a low of 0.20 USD. The current market capitalization is approximately 1.012 billion USD, a decrease of about 60.5847 million USD compared to yesterday. Conflux is a high-throughput public chain that employs an innovative Tree-Graph consensus algorithm to reduce confirmation times and increase TPS through parallel processing of blocks and transactions. The network uses a thoroughly tested PoW consensus that provides higher security and protection against re-entrancy attacks at the protocol level. Conflux also offers built-in staking functionality, providing a foundation for innovative DeFi applications, with the current annualized yield of staked tokens at 4%. In addition, Con
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CFX0.45%
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09:53

LISTA (Lista DAO) has risen 20.73% in the last 24 hours.

Gate News Bot news, on August 11, according to CoinMarketCap market data, LISTA (Lista DAO) is currently priced at 0.36 USD, having risen 20.73% in the last 24 hours, with a peak of 0.38 USD and a low of 0.26 USD. The 24-hour volume reached 65.8 million USD. The current market capitalization is approximately 78.4 million USD, an increase of about 13.5 million USD compared to yesterday. Important news about LISTA recently: 1️⃣ **Strategic cooperation with World Liberty Financial established** LISTA DAO and World Liberty Financial announce the establishment of a strategic partnership aimed at expanding DeFi application scenarios on the BNB chain. This collaboration will bring more ecosystem opportunities to LISTA.
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LISTA-4.79%
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03:52

SatLayer(SLAY) will be launched on Gate on August 11, 2025, creating a new layer in the Bitcoin economy.

Gate News bot message, according to the official announcement from Gate on August 11, 2025: Gate will launch the spot trading of the SatLayer token SLAY on August 11, 2025, at 19:00 ( UTC+8. The trading pair will be SLAY/USDT. SatLayer is a Bitcoin-based economic layer project aimed at transforming BTC into programmable assets for use in scenarios such as artificial intelligence, DeFi, risk-weighted assets, stablecoins, and traditional finance. The project's SLAY token is issued on the Ethereum network, with the contract address 0x51477a3002ee04b7542adfe63ccdb50c00ee5147.
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BTC1.81%
03:06

Gate News bot消息,ETH breaks through 4300美元 to create a new high in nearly two years, the crypto market各板块普涨

Gate News bot message, according to SoSoValue data, the Crypto Assets market has shown a comprehensive pump trend across all zones. Among them, Ethereum (ETH) has risen for two consecutive days, breaking through $4300, reaching a new high since the end of 2021, with a 24-hour rise of 0.73%. Bitcoin (BTC) has seen a more significant increase, rising 3.96%, breaking through $121,000, and approaching the ATH. At the same time, zones such as NFT, DeFi, and CeFi are also showing a rising trend. The NFT zone has increased by 4.28% in 24 hours, with Zora (ZORA) surging by 28.82%. The DeFi zone rose by 1.79%, with Ethena (ENA) and Lido DAO (LDO) increasing by 10.79% and 11.30%, respectively. The CeFi, Layer1, and Layer2 zones have also experienced varying degrees of growth.
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ETH2.62%
00:41

ENA (Ethena) has pumped 9.84% in the last 24 hours.

Gate News Bot message, August 11, according to CoinMarketCap data, as of the time of writing, ENA (Ethena) is currently priced at $0.82, having risen 9.84% in the last 24 hours, with a maximum of $0.82 and a minimum drop to $0.56. The 24-hour volume reached $1.458 billion. The current market capitalization is approximately $5.42 billion, an increase of $486 million compared to yesterday. Ethena is a digital dollar platform that provides digital dollar services for the internet economy. Its main products USDe and sUSDe offer users global instant access to dollar savings accounts. Ethena emphasizes transparency by providing real-time asset information, weekly reserve proofs, and monthly custodian proofs. The platform also collaborates with multiple DeFi projects and exchanges to expand the use cases of USDe. ENA
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ENA-7.46%
00:36

CFX (Conflux) fell 0.39% in the last 24 hours.

Gate News Bot news, August 11, according to CoinMarketCap data, as of the time of writing, CFX (Conflux) is currently priced at $0.21, with a 0.39% fall in the last 24 hours, reaching a high of $0.23 and a low of $0.20. The current market capitalization is approximately $1.07 billion. Conflux is a high-throughput public blockchain system that achieves parallel processing of blocks and transactions through an innovative Tree-Graph consensus algorithm, reducing confirmation time and improving TPS. Conflux employs a well-tested PoW consensus mechanism, providing enhanced security and protection against re-entrancy attacks at the protocol level. Its built-in staking mechanism provides a foundation for innovative DeFi applications, with the current annualized yield for staking tokens at 4%. Conflux also offers a cross-chain asset bridge, ShuttleF.
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CFX0.45%
05:52
Golden Finance reports that the DeFi TVL on Ethereum is currently $91.181 billion, with a 24-hour rise of 3.34%.
ETH2.62%
DEFI-0.61%
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11:10

Blueport Interactive founder Wang Feng: Predicting that Ethereum will break through 5000 USD, the autumn of crypto assets is expected to start.

Golden Finance reports that Wang Feng (@wangfeng0128), the founder of Blue Port Interactive, stated that the market sentiment of Bitcoin and Ethereum cannot be viewed in isolation. Bitcoin is currently trading sideways around $120,000, with minimal fluctuation and no market maker selling. This has allowed Ethereum to maintain upward momentum after breaking through $4,000, with predictions suggesting it should at least head towards $5,000. Similarly, Ethereum cannot be separated from the entire crypto market. The autumn of Crypto Assets is expected to kick off, with DeFi, RWA, and star Memes entering the To da moon phase.
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ETH2.62%
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00:23

Decentralized Finance liquidity surges due to tokenization of stocks, but user activity shifts towards NFT.

Golden Finance reports that the Total Value Locked (TVL) of DeFi protocols has risen by 30%, with the number of active Wallets for tokenized stocks surging to 90,000 and market capitalization increasing by 220%. NFT volume reached $530 million, with the average price doubling to about $105. Users are increasingly following NFTs, with the number of Wallets interacting with NFT DApps surpassing those with DeFi in July. The Ethereum platform Blur drives 80% of NFT volume.
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DEFI-0.61%
10:00

The DeFi platform Credix has allegedly canceled its X account.

BlockBeats news, on August 8, according to PI Shield monitoring, the DeFi platform Credix has allegedly canceled its X account. BlockBeats previously reported that on August 4, the administrator account Address of Credix was attacked, with estimated losses of about 4.5 million dollars. The attack included forgery (without real asset support).
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DEFI-0.61%
07:31

LINK (Chainlink) rose 15.27% in the last 24 hours.

Gate News Bot message, August 8, according to CoinMarketCap data, as of the time of publication, LINK (Chainlink) is currently priced at $19.35, having risen 15.27% in the last 24 hours, with a high of $19.25 and a low of $15.46, and a 24-hour volume of $1.411 billion. The current market capitalization is approximately $13.122 billion, an increase of $1.739 billion from yesterday. Chainlink is the infrastructure of Blockchain. Chainlink is the only platform that can provide secure data, cross-chain interoperability, and decentralized computing for Financial Institutions and blockchains to support advanced on-chain applications. Trusted by global institutions such as Swift, Euroclear, and Fidelity, Chainlink has enabled hundreds of trillions of dollars in on-chain transactions for tokenized assets, DeFi, and Capital Markets.
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LINK0.54%
05:28

Pharos plans to integrate the Morpho lending system into the Mainnet.

Odaily News RWA L1 public chain Pharos plans to integrate the Morpho network lending infrastructure into the Mainnet. The cooperation aims to bring on-chain real-world assets into a modular and transparent lending system. It is reported that the Morpho lending protocol currently secures over $9 billion in funds, marking a strategic step towards building credit channels for institutions and decentralized participants in the DeFi lending market.
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MORPHO-1.6%
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02:06

YALA (Yala) has pumped 95.45% in the last 24 hours.

Gate News Bot message, August 8, according to CoinMarketCap data, as of the time of writing, YALA (Yala) is currently priced at $0.39, having risen 95.45% in the last 24 hours, with a high of $0.40 and a low of $0.17. The current market capitalization is approximately $95.55 million, an increase of $46.70 million compared to yesterday. Currently, YALA ranks 389th in global Crypto Assets market capitalization. Yala is a platform that mints $YU stablecoins by over-collateralizing Bitcoin, aimed at unlocking the liquidity of Bitcoin in the DeFi, real asset, and global payment sectors. Yala offers true autonomy: self-custody, low liquidation risk, and complete Bitcoin exposure. The project is dedicated to providing new yield opportunities for Bitcoin holders through a flywheel effect driven by long-term Bitcoin demand, liquidity, adoption, and growth.
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YALA-18.72%
01:32

XLM (Stellar) rose 12.10% in 24 hours

Gate News Bot news, August 8, according to CoinMarketCap, as of the time of writing, XLM (Stellar) is currently priced at $0.45, rising 12.10% in the last 24 hours, with a high of $0.46 and a low of $0.36. The current market capitalization is approximately $14.1 billion, an increase of $1.522 billion compared to yesterday. Currently, XLM ranks 11th in the cryptocurrency market capitalization leaderboard. Stellar is an open-source blockchain network designed for various payment and remittance applications. The network supports multiple use cases such as smart contracts, DeFi, payments, and asset tokenization. The design goal of the Stellar network is to bring blockchain closer to the real world, providing developers with the tools to create a cryptocurrency experience as convenient as cash. Compared to most blockchain-based systems, the Stellar network is faster, cheaper, and more energy-efficient.
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XLM1.19%
01:02

ETH (Ethereum) rose 6.19% in the last 24 hours.

Gate News Bot message, August 8, according to CoinMarketCap data, as of the time of writing, ETH (Ethereum) is currently reported at $3902.26, rising 6.19% in the last 24 hours, with a highest of $3936.50 and a lowest of $3357.94, and a 24-hour volume of $40.577 billion. The current market capitalization is approximately $471.039 billion, an increase of $27.478 billion from yesterday. Ethereum is a leading innovative application and blockchain network platform. It provides infrastructure for decentralized applications (DApps) and smart contracts, enabling developers to build various applications, including stablecoins, decentralized finance (DeFi), NFTs, and more. The Ethereum ecosystem has the largest and most active developer community, making it the center of blockchain innovation. ETH recent rise
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ETH2.62%
00:36

CFX (Conflux) rose 3.12% in the last 24 hours

Gate News Bot news, on August 8th, according to CoinMarketCap, as of the time of writing, CFX (Conflux) is currently priced at 0.22 USD, having pumped 3.12% in the last 24 hours, with a high of 0.23 USD and a low of 0.19 USD. The current market capitalization is approximately 1.149 billion USD, an increase of 34.8 million USD compared to yesterday. Conflux is a high-throughput public chain that achieves parallel processing of blocks and transactions through the innovative Tree-Graph consensus algorithm, reducing confirmation time and increasing TPS. CFX is the native token of the Conflux network, used for paying transaction fees, staking for rewards, renting storage space, and participating in network governance. Conflux adopts a PoW consensus mechanism to provide higher security, and its built-in staking mechanism offers an innovative foundation for DeFi applications, while also through
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CFX0.45%
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00:02

Cardity has launched a UTXO smart programming language that supports the development of decentralized protocols on Bitcoin-like blockchains.

ChainCatcher news, the Cardity team has launched a new UTXO smart programming language that can be used to build Decentralized Finance protocols on Bitcoin-like blockchains (such as DOGE). This language uses a syntax similar to Solidity, making it easy to understand, and is designed for applications such as Tokens, DAO, voting, and DeFi. Developers can deploy protocols into UTXO via .car files. The core implementation of Cardity has been made Open Source and can be viewed on GitHub.
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BTC1.81%
12:49

JPMorgan: The rise of the DeFi and asset tokenization market is still disappointing.

Odaily News Morgan Stanley analyst Nikolaos Panigirtzoglou stated in the latest research report that the growth rate of the DeFi and asset tokenization markets remains disappointing, noting that the recovery speed since the 2022 crypto winter has not been fast. Currently, the total Lock-up Position (TVL) of DeFi is still below the peak in 2021, with most activities still driven by crypto-native users and retail investors, while institutional adoption remains lagging. In the asset tokenization market, the scale of tokenized assets has reached $25 billion, with tokenized bonds at $8 billion. The adoption rate of money market funds is also continuously increasing, but most projects remain small in scale, lack liquidity, or are in the experimental stage. (CoinDesk)
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DEFI-0.61%
05:44

SPELL (Spell Token) rose 16.49% in the last 24 hours.

Gate News Bot news, August 7, according to CoinMarketCap data, as of the time of writing, SPELL (Spell Token) is currently priced at $0.00054336, rising 16.49% in the last 24 hours, reaching a high of $0.00061835 and a low of $0.00044479, with a 24-hour volume of $145 million. The current market capitalization is approximately $89.4 million, an increase of $12.7 million compared to yesterday. Abracadabra is an Ethereum-based lending platform that allows users to borrow MIM stablecoins by collateralizing interest-bearing assets. SPELL is the governance token of the Abracadabra platform, and holders can participate in platform decisions. Important recent news about SPELL: 1️⃣ **DeFi market sentiment warms up**
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SPELL-1.27%
03:20

VELVET (Velvet) rose 117.68% in the last 24 hours

Gate News Bot reports that on August 7, according to CoinMarketCap data, VELVET (Velvet) is currently priced at $0.10, which is a rise of 117.68% in the last 24 hours, with a high of $0.10 and a low of $0.04. The current market capitalization is approximately $24 million, an increase of $13 million compared to yesterday. Velvet is a DeFi trading and portfolio management operating system, driven by intention and AI. It offers a smart execution engine that allows users to trade any token like professionals, access top DeFi protocols with one click, and explore or create high-performance portfolios. Whether looking for the next 100x return opportunity or compounding yields in the treasury, Velvet is dedicated to making DeFi seamless and smooth. Currently, there are over 25,000 users on V
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VELVET-4.27%
02:54

The crypto market zone experiences mixed rises and falls, with Ethereum's price once breaking through 3700 USD.

Gate News bot message, according to SoSoValue data, the Crypto Assets market shows a mixed trend of rises and falls across various zones. Ethereum (ETH) rose by 0.16% within 24 hours, briefly surpassing the 3700 USD mark, while Bitcoin (BTC) increased by 0.27%, returning to 114,000 USD. The Layer2 zone rose by 1.37%, with ex-MATIC (POL) and Mantle (MNT) rising by 8.13% and 8.39%, respectively. The CeFi zone had a growth of 0.79%, with Binance Coin (BNB) and Cronos (CRO) rising by 1.21% and 4.57%, respectively. The DeFi zone rose by 0.31%, with Ethena (ENA) and Curve DAO (CRV) increasing by 2.60% and 3.72%, respectively. On the other hand, Layer 1 zone
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ETH2.62%
02:38

K (Kinto) rose 407.07% in 24 hours.

Gate News Bot message, August 7th, according to CoinMarketCap data, K (Kinto) is currently priced at $4.27, having risen 407.07% in the last 24 hours, with a high of $4.72 and a low of $0.84. The 24-hour volume reached $775,700. The current market capitalization is approximately $7.85 million, an increase of $6.3 million compared to yesterday. Kinto is a modular exchange that provides users with the best DeFi experience through non-custodial insurance wallets and a modular exchange. The platform aims to create a safer, faster, and lower-cost network to meet the needs of DeFi and traditional finance. Kinto offers an attractive infrastructure for users, developers, and investors, committed to building an open and transparent financial system. K Recent Important News:
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09:07

USELESS (Useless Coin) fell 21.16% in the last 24 hours

Gate News Bot news, August 6, according to CoinMarketCap data, as of the time of writing, USELESS (Useless Coin) is currently priced at $0.19, having fallen by 21.16% in the last 24 hours, with a highest value of $0.33 and a lowest decline to $0.18. The current market capitalization is approximately $185 million, a decrease of about $49.769 million from yesterday. Useless Coin claims to be the world's first cryptocurrency that promises to do nothing and fully delivers on that promise. The project uses the slogan "zero purpose, 100% useless" and emphasizes that it is the "most honest cryptocurrency in the world." USELESS does not offer DeFi, NFT, or staking features, but instead focuses on providing "pure, undiluted uselessness." The project team states that compared to expecting returns, USELE
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USELESS50.62%
02:53

Gate News bot message, the crypto market is experiencing a comprehensive fall: Bitcoin has fallen to $113,000, Ether has decreased by 2.43%.

Gate News bot message, SoSoValue data shows that due to the lower-than-expected ISM non-manufacturing PMI in the U.S. for July, the risk of stagflation has increased, leading to a comprehensive pullback in the Crypto Assets market. Bitcoin (BTC) fell 0.76% to $113,000, while Ether (ETH) dropped 2.43%, falling below $3,600. The SocialFi sector pulled back by 6.04%, with Toncoin (TON) falling by 7.39%. The NFT sector fell by 5.56%, and Pudgy Penguins (PENGU) dropped by 7.80%. The RWA sector declined by 5.48%, with Keeta (KTA) dropping by 11.53%, while MANTRA (OM) rose against the trend by 2.45%. In other sectors, CeFi fell by 1.53%, Layer2 fell by 1.93%, Layer1 fell by 2.88%, and DeFi fell by 3.
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BTC1.81%
ETH2.62%
00:46

CFX (Conflux) fell 6.46% in the last 24 hours.

Gate News Bot news, on August 6, according to CoinMarketCap, as of the time of writing, CFX (Conflux) is currently priced at 0.20 USD, a 6.46% fall in the last 24 hours, reaching a high of 0.23 USD and a low of 0.19 USD, with a 24-hour volume of 175 million USD. The current market capitalization is approximately 1.031 billion USD, a decrease of about 71.25 million USD from yesterday. Conflux is a high-throughput public chain that utilizes an innovative Tree-Graph consensus algorithm to reduce confirmation time and increase TPS by processing blocks and transactions in parallel. Conflux employs a well-tested PoW consensus to provide higher security and protection against re-entrancy attacks at the protocol level. Its built-in staking feature lays the foundation for innovative DeFi applications, with staking tokens currently yielding 4%.
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CFX0.45%
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13:02

Decibel, supported by Aptos, has launched a high-speed on-chain trading platform.

Odaily News The on-chain trading protocol Decibel has started operating on the Aptos development network, integrating spot trading, perpetual futures, and yield strategies into a single interface. It is reported that the trading speed will be comparable to that of CEX. The testing environment is currently limited to invited users, providing simulated access for cross-margin trading, composable vaults, and high-speed order execution. This system aims to simulate the performance of centralized exchanges while maintaining the transparency of Decentralized Finance (DeFi). (CoinDesk)
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APT3.5%
03:22

Data: The crypto market has fully rebounded, with the Layer2 zone leading the rise by over 6%, and ETH reaching a new high of 3700 USD.

Gate News bot message, according to SoSoValue data, the Crypto Assets market is showing a comprehensive Rebound trend. The Layer2 zone performed especially well, with a rise of 6.15% within 24 hours, among which Mantle (MNT) experienced a big pump of 16.32%, while Optimism (OP) and Zora (ZORA) rose by 5.57% and 10.15% respectively. Ethereum (ETH) rose by 4.48%, briefly breaking through the $3700 mark. Bitcoin (BTC) saw a slight increase of 0.29%, fluctuating in a narrow range around $114,000. In other zones, the Meme zone rose by 3.33%, the DeFi zone rose by 2.82%, the PayFi zone rose by 2.71%, the Layer1 zone rose by 2.42%, and the CeFi zone rose by 1.78%. It is worth noting that the NFT zone slightly decreased by 0.10%.
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ETH2.62%
01:23

Mode Network TVL has fallen 99% from its peak in May last year.

PANews, August 5 news, according to DL News, DefiLlama data shows that the total lock-up value (TVL) of the Ethereum Layer2 network Mode Network has fallen by 99% from its peak of $582 million in May 2024 to approximately $4 million. The native token MODE of the network has dropped over 98% from its historical high. After receiving a $5.3 million grant from the Optimism Foundation in January 2024, Mode Network attracted a large amount of liquidity in a short period through an airdrop incentive campaign. However, as the incentives decreased, its more than 50 DeFi projects on-chain are now generating almost no actual revenue. Notably, the official website still shows a TVL of $500 million, which is seriously inconsistent with on-chain data.
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MODE-5.64%
01:04

ENA (Ethena) has fallen 2.28% in the last 24 hours.

Gate News Bot news, on August 5th, according to CoinMarketCap data, as of the time of writing, ENA (Ethena) is currently priced at 0.60 USD, with a 2.28% fall in the last 24 hours, reaching a high of 0.68 USD and a low of 0.51 USD. The current market capitalization is approximately 3.993 billion USD, which is a decrease of 93.3363 million USD from yesterday. Ethena is a financial platform focused on providing digital dollars for the internet economy. Its main product, USDe, is a stablecoin pegged to the US dollar, allowing users to earn sUSDe through staking USDe, with an annual yield of around 11%. Ethena offers highly transparent asset support and reserve proof, and collaborates with multiple DeFi platforms and exchanges to provide users with diversified financial services. Recent important news about ENA: 1️⃣ **Big
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ENA-7.46%
05:12

TAP (America Party) rose 287.86% in the last 24 hours.

Gate News Bot message, August 4th, according to CoinMarketCap data, as of the time of writing, TAP (America Party) is currently priced at $0.00033394, with a rise of 287.86% in the last 24 hours, reaching a high of $0.00109624 and a low of $0.0000117626. The 24-hour volume reached $9.79 million. The current market capitalization is approximately $0. The America Party is a political movement founded by Elon Musk, aimed at breaking the deadlock of the two-party system in the United States. Important news about TAP recently: 1️⃣ **TAP Protocol launches Bitcoin Layer 1 DeFi solution** TAP Protocol has developed an innovative product called TAParoo Swap.
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TAP0.47%
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01:04

CFX (Conflux) rose 14.44% in 24 hours

Gate News Bot news, August 4, according to CoinMarketCap data, as of the time of writing, CFX (Conflux) is currently priced at $0.22, having risen 14.44% in the last 24 hours, with a high of $0.28 and a low of $0.18. The 24-hour volume reached $459 million. The current market capitalization is approximately $1.116 billion, which is an increase of $141 million compared to yesterday. Conflux is a high-performance public chain that uses an innovative Tree-Graph consensus algorithm to reduce confirmation times and increase TPS by processing blocks and transactions in parallel. Its security is based on a well-tested PoW consensus mechanism, providing enhanced security and protection against re-entrancy attacks at the protocol level. Conflux also offers built-in staking features, providing a foundation for innovative DeFi applications, and the staking tokens are currently
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CFX0.45%
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08:27

SPK (Spark) rose 11.56% in the last 24 hours.

Gate News Bot news, August 1, according to CoinMarketCap, as of the time of publication, SPK (Spark) is currently priced at 0.10 USD, having pumped 11.56% in the last 24 hours, reaching a high of 0.13 USD and a low of 0.08 USD. The current market capitalization is approximately 113 million USD, an increase of 11.7 million USD compared to yesterday. Spark is a blockchain-based asset allocation platform that is dedicated to intelligently deploying capital across DeFi, CeFi, and physical assets, building the most advanced and scalable yield engine in the DeFi space. Spark's core consists of two pillars: liquidity deployment and on-chain solutions. Its native token SPK can be used for staking, governance, and long-term ecosystem alignment. Spark also offers services such as stablecoin savings and lending to help users maximize stablecoin yield. Important SPK Recently
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SPK-0.03%
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03:04

Gate News bot message, the Crypto Assets market is generally falling, while the SocialFi zone is rising against the trend.

According to the Gate News bot, SoSoValue data shows that uncertainties in the macro market are rising ahead of tariff negotiations, leading to a sluggish sentiment in the Crypto Assets market. Most zones fell between 2% and 6%, with only the SocialFi zone rising against the trend by 1.65%. Among them, Toncoin (TON) has risen for three consecutive days, with a 24-hour rise of 2.39%. Bitcoin (BTC) fell below $116,000, with a decline of 2.07%. Ethereum (ETH) dropped to $3,700, down 3.20%. The CeFi zone decreased by 0.60%, while MX performed relatively well, rising by 1.86%. The Layer1, PayFi, DeFi, Meme, and Layer2 zones all showed a downward trend, with declines of 2.50%, 3.51%, 5.17%, 5.19%, and 5.57%, respectively.
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02:03

ERA (Caldera) fell 8.09% in the last 24 hours.

Gate News Bot news, July 31, according to CoinMarketCap data, as of the time of writing, ERA (Caldera) is currently priced at $1.11, having fallen 8.09% in the last 24 hours, with a high of $1.60 and a low of $1.09, and a 24-hour volume of $1.868 billion. The current market capitalization is approximately $165 million, a decrease of $14.543 million from yesterday. Caldera is an interconnected, purpose-built blockchain network that settles on Ethereum. It is a powerful multi-chain ecosystem that provides customizable rollup engines for large-scale applications and connects to a broader blockchain world through Metalayer. Caldera focuses on areas such as gaming, AI, and DeFi, offering developers scalable infrastructure and cross-chain interaction capabilities. ER
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ERA-3.32%
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15:52

Resolv: Increase the allocation of the second quarter Airdrop to 5% of the total Token supply.

PANews July 30 news, the DeFi protocol Resolv announced that it has increased the allocation of participants in the points program for the second quarter airdrop from 4% of the total token supply to 5%. The updated allocation will automatically apply to all participants in Q2. In April, it was reported that Resolv Labs completed a $10 million seed round of financing, led by Cyber.Fund and Maven11.
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RESOLV-3.15%
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