Decentralized Exchange (DEX)

Coinbase has launched its wrapped Bitcoin token, cbBTC, on the Solana blockchain, giving users a reliable alternative for Bitcoin in Solana's DeFi ecosystem. This move supports Coinbase’s goal of expanding beyond Ethereum, tapping into Solana’s fast-growing market where it ranks as the platform’s third most traded asset.

WonderFi CEO Dean Skurka was recently abducted and released after paying a $1M ransom. Skurka confirmed his safety, noting that no company funds or data were impacted. Authorities are investigating, and the case underscores a troubling rise in kidnappings of crypto executives for financial gain.

Ambient Finance, the latest DeFi platform hit by front-end attacks, has regained control of its domain but awaits DNS updates. Users are urged to avoid the site until further notice. As cyberattacks surge, will these threats ever ease?

The Hong Kong Securities and Futures Commission (SFC) is poised to approve additional cryptocurrency exchanges before the end of 2024, according to CEO Julia Leung. Speaking on October 6 to local media outlet HK01, Leung confirmed that 11 platforms have already undergone on-site reviews, with further progress expected in their applications by year-end.

Institutional interest in meme coins is rising, with TON launching Memelandia, a new platform aimed at fostering meme coin growth by leveraging Telegram's large user base.

SushiSwap's price jumped 7.3% in the past 24 hours, likely boosted by both the crypto market recovery and the upcoming launch of Dojo, a new meme coin launchpad. The release, initially set for 10 September, has been delayed to 17 Septembe for a smoother rollout.

Vega Protocol is shifting its focus from blockchain to new project Nebula, with its alpha mainnet chain expected to be discontinued within the next three months. Voting on the proposal ends on September 6. Although the proposal was approved by an overwhelming majority of community members, holders are still demanding token dilution. It’s something to consider carefully.

A torrent of activity and fees helped the token launchpad, which debuted on Solana in January, hit $100 million in revenue in record time.

The ether ETF will trade under the ticker code ETHA39 as a Brazilian depositary receipt, a certificate that represents shares of foreign companies.

In the rapidly evolving world of digital assets, BiFinance has emerged as a leading institutional-grade trading platform, setting itself apart with its innovative investment research-based auditing standards.