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The Defiant – DeFi News

Information platform at the intersection of tech and finance.

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OKX Launches $100 Million X Layer Fund, Introduces DEX Fees
Cryptocurrency exchange OKX has unveiled a $100 million X Layer Ecosystem Fund aimed at financing developers that build applications on the company’s new zkEVM Layer-2 network...

Ethereum Climbs to Record $4,958, Nears $5,000 Threshold
Ethereum’s rally accelerated on Sunday, with the token touching an intraday record of $4,957...

Metaplanet Adds 103 Bitcoin as FTSE Russell Raises Stock to Mid-Cap
Tokyo-listed Metaplanet bought an additional 103 Bitcoin for about ¥1...

SBI Group Taps Chainlink to Tokenize Real-World Assets in Japan
SBI Group, one of Japan’s largest financial conglomerates with assets exceeding $200 billion, has formed a strategic partnership with blockchain oracle provider Chainlink to speed institutional adop...

Bill Miller IV Sees 1% of $60T Retirement Funds Lifting Bitcoin Price by $30K; BlackRock Leads With $2.4B Fund and Largest BTC Holdings
Billionaire investor Bill Miller IV has projected that allocating just 1% of the $60 trillion in global retirement funds to Bitcoin could increase the cryptocurrency's price by $30,000, describing a 2...

Whale Dump Sends Bitcoin to $110,671, Erases $3 Billion in Open Interest
Bitcoin tumbled almost 4% in minutes on 24 August, briefly touching an intraday low of $110,671 before recovering above $112,000...

Bitcoin Whales Move 6,000 BTC to Buy, Stake 275,500 ETH Worth $1.3B as $1.65B-$2.2B ETH Shorts Near Liquidation
Several long-term Bitcoin whales have been reallocating their holdings into Ethereum, signaling a shift in major crypto investment strategies...

OKX Sets $100 Million Fund, Burns OKB After 320% Rally
Cryptocurrency exchange OKX has created a $100 million X Layer Ecosystem Fund aimed at financing developers that build long-term on-chain applications on its newly introduced X Layer network...

El Salvador and SpaceX Boost Combined Bitcoin Holdings to $1.7 Billion
El Salvador has continued its incremental Bitcoin purchase program, adding eight coins since 17 August and raising its national stash to about 6,280 BTC, worth roughly $721 million at current market p...

Coinbase Widens In-App DEX Trading in Bid to Become ‘Everything Exchange’
Coinbase Global has broadened access to its in-app decentralized-exchange trading, allowing customers to buy and sell any token issued on Base, the company’s Ethereum layer-2 network...