Author: Yeek.io
Hi DeFiChain Community,Welcome to your weekly round-up of the DeFiChain ecosystem! It’s been another bustling week with plenty of developments. Let’s dive in and explore what’s new and exciting.DFIP Spotlight: Improving the Handling of Community Fund Proposals (CFPs)The DeFiChain community is driving essential improvements to make Community Fund Proposals (CFPs) more transparent and accountable.Key highlights:✅ Increased approval threshold (66.67%)✅ Structured milestone-based payments✅ Mandatory quarterly reporting✅ 21-day pre-voting community discussions👉 Read the full blog post here.DeFiChain April DFIP & CFP Voting Round is LIVE!The latest governance round features 2 DFIPs and 5 CFPs, shaping the future of DeFiChain. The proposals include:🔹…
CPIC Investment Management (Hong Kong) (CPICIMHK), the investment management subsidiary of China Pacific Insurance Group (CPIC), has launched its CPIC Estable MMF, the first tokenized USD money market fund under Hong Kong’s Securities and Futures Commission (SFC) regulated fund structure framework.CPICIMHK is regulated by a number of relevant entities under the laws of Hong Kong. It has a license to conduct asset management, as well as deal in and advise on securities. It is jointly owned by China Pacific Insurance Group and its subsidiary Pacific Asset Management. According to the press release, this novel initiative integrates blockchain technology to alter…
In the past two days, social media and the crypto market have been buzzing with the AI-powered Ghibli-style image trend fueled by ChatGPT. Riding this wave, two Ghibli-themed tokens—Ghiblification (Ghibli) and GhibliCZ (Ghibli)—have also made their debut on Binance Alpha.Ghibli Meme-coins New Listing on Binance AlphaRecently, Binance Alpha officially listed the two hottest meme coins of the past two days — Ghiblification (Ghibli) and GhibliCZ (Ghibli). Their arrival is expected to bring a massive inflow of capital into this trend, sparking strong community enthusiasm for Binance and the meme coin narrative after a sluggish market period.Source: BinanceBinance Alpha, launched in…
Homepage > News > Business > Bill Gates signs deal with Indian province to boost agri, health The provincial government of Andhra Pradesh (AP) in India has entered into a Memorandum of Understanding (MoU) with the Gates Foundation to advance the use of technology in various sectors, including healthcare, agriculture, and education. The agreement was discussed in a meeting between AP Chief Minister N. Chandrababu Naidu and Bill Gates, the Foundation’s chair. Naidu reiterated his administration’s dedication to utilizing innovative technology to propel the state’s development. The MoU focuses on applying technology in ways that will benefit the public, emphasizing affordable and scalable solutions across essential sectors…
Opinion by: Shubham Kukrety, co-founder and CEO at QuoteIt Strange sights were seen as India recently concluded MahaKumbh, a Hindu congregation that occurs once every 144 years.Every day, a man took dips at Sangam — the triple confluence of rivers Ganga, Yamuna and Sarasvati — with several passport-sized photographs offering “Digital Snan,” symbolizing digital nectar baths. A nine-acre camp offered people a glimpse of the Hindu religion since the beginning of time. Several families received a 360-degree live virtual MahaKumbh tour with a VR box and packaged pure Sangam water at their homes.These are some of the sights that were seen…
Recently, ETH supporters witnessed a sudden plunge below $1,900, triggering market panic along with speculation and doubts about the recent performance of the world’s second-largest cryptocurrency.ETH Unexpectedly Plummets to $1,900, Dragging Down the Crypto MarketToday, Ethereum ETH has suddenly experienced a sharp decline, dropping to $1,900. This is a level that has sent shockwaves through the cryptocurrency market. This move has sparked widespread buzz among ETH holders and the crypto market as a whole.Source: CoingeckoThis sudden plunge has not occurred in isolation. It has triggered a domino effect, pulling down major altcoins’ prices, including Ripple XRP, Solana SOL, and Cardano…
Hackers operating on the dark web are claiming to possess and sell sensitive personal data of users from major crypto exchanges Gemini and Binance.A threat actor identified as “AKM69” has reportedly put up a database containing 100,000 user records allegedly linked to Gemini, according to a March 27 report by cyber threat monitoring site Dark Web Informer.The listing is said to include full names, email addresses, phone numbers, and location data — primarily from users in the United States, with some entries from Singapore and the UK.Leaked Crypto User Data Marketed for Scams, Fraud, and Targeted MarketingThe data is being…
Following a trading incident involving JELLY that resulted in a $10.63 million loss, Hyperliquid has introduced additional security measures. The problem resulted from a rogue trader who self-traded a sizable JELLY position, which caused a price spike, setting off a liquidation process that led to Hyperliquid’s (HYPE) market-making vault absorbing the loss. In a Mar. 27 post on X, the platform outlined several steps it has taken to improve its risk management. Stricter limits on the liquidator vault, which serves as an emergency fund to cover losses from failed trades, is one of the key updates. By reducing the cap,…
A week after launching its first “Vote to List” batch, Binance announced four listed meme coins: CZ’s Dog (BROCCOLI714), Mubarak (MUBARAK), Banana For Scale (BANANAS31), and Tutorial (TUT). While some welcome Binance’s embrace of mainstream trends – meme coins, others remain skeptical, seeing meme coins as entertainment-driven with few use cases.4 Tokens Listed on Binance with Seed TagsAfter a competition among 9 contestants with a total of 172,973 valid votes, according to the official announcement on its website, Binance will list the following tokens based on the Vote to List results and successful due diligence:Source: BinanceMubarak (MUBARAK) with new spot…
Homepage > News > Finance > Network tokens may swell to $9B; World Bank ups digitalization Network tokenization will generate nearly $9 billion in revenue by 2029, with click-to-pay fueling the growth as customers seek faster checkouts, a new report says. Titled “Global Network Tokenisation Market: 2025-2029,” the report by Juniper Research projects that tokenized network transactions will generate $4.1 billion in revenue this year. By 2029, the value will have grown by 117% to $8.9 billion. Network tokenization is a process through which credit card companies replace sensitive card information with unique tokens. These tokens are merchant-specific and only contain the information required…