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The Defiant – DeFi News

Information platform at the intersection of tech and finance.

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Crypto Market Capitalization Inches Back Over $4 Trillion as US GDP Surprises on Upside
Markets received a boost after the U.S. reported stronger-than-expected Q2 GDP, while crypto consolidated midweek gains....

Lombard Brings $1.5 B Yield-Bearing Bitcoin Token to Solana
Bitcoin-staking startup Lombard Finance has deployed its yield-bearing LBTC token on the Solana blockchain, widening access to a product that lets holders earn about 1% annual yield while maintaining ...

Mantle Integrates LayerZero to Move $7 Billion in Assets Across Chains
Mantle, the modular Ethereum Layer-2 network that reports roughly $7 billion in on-chain assets, has integrated with cross-chain messaging protocol LayerZero...

Chainlink Reserve Adds 42,000 LINK, Raises Treasury to $4.8 Million
Chainlink said its dedicated treasury fund, the Chainlink Reserve, purchased an additional 42,298...

Foreign Central Banks Hold More Gold Than US Treasuries for First Time Since 1996 as China Boosts Gold Reserves and Bitcoin Emerges
For the first time since 1996, foreign central banks now hold more gold than US Treasuries, marking a notable shift in global reserve asset allocation...

Stablecoin Card Startup Rain Raises $58 Million Led by Sapphire Ventures
Rain, a four-year-old fintech that issues Visa payment cards backed by stablecoins, has raised $58 million in Series B financing led by enterprise-technology specialist Sapphire Ventures...

JPMorgan Says Bitcoin Undervalued Versus Gold as Volatility Hits Record Low
JPMorgan Chase & Co...

U.S. Commerce Department Vows to Make America ‘Blockchain Capital’
The U...

Lombard Finance Launches LBTC Token With 1% APY, $1 Billion TVL, Backed by Polychain and Franklin Templeton Across Multiple Chains
Lombard Finance, a Bitcoin-focused decentralized finance (DeFi) project incubated within Polychain, has made notable strides in integrating Bitcoin liquidity into the DeFi ecosystem...

Bitcoin Hash Rate Hits Record 955 Exahashes per Second
The computational power dedicated to securing the Bitcoin blockchain has climbed to a record 955 quintillion hashes per second, according to data circulating among industry trackers on 27 August...