DeFI News by Thebittimes.Com

Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is leveraging advanced artificial intelligence (AI) technology to protect users, as revealed to Finbold on Friday, September 20.  Bybit’s security strategy relies on a multi-layered approach, protecting both hot and cold wallets, with enhanced verification protocols scrutinizing large or high-risk transactions.  The rising threats in the crypto cybersecurity As cryptocurrency adoption continues to grow, so does the number of cybersecurity threats.  Picks for you Dormant Bitcoin whales activate after 15 years, move millions in BTC 29 mins ago Here's how much Michael Burry lost by selling Gold early 1 hour ago

Decentralized Credit Unions: Reinventing Savings and Loans! In an age where decentralized finance (DeFi) continues to challenge traditional banking systems, decentralized credit unions are stepping in as the next evolution in financial services. By leveraging blockchain technology, decentralized credit unions aim to offer savings and loans in a way that reimagines the relationship between people and their money. The Rise of Decentralized Credit Unions Traditional credit unions have long served communities by pooling members’ resources for mutual benefit. Unlike banks, which are profit-driven, credit unions are non-profit organizations that prioritize the needs of their members. However, these institutions face challenges with limited geographical scope, governance complexities, and regulatory pressures. Decentralized credit unions (DCUs) are tackling these issues head-on by introducing decentralized networks powered by smart contracts and blockchain technology. Unlike their traditional

Regulators in Hong Kong might approve staking Features for spot Ethereum ETFs (exchange-traded funds) this year as the region pushes to become a global crypto hub. That’s according to Blockdaemon’s head of international and vice president Andrew Vranjes, who told The Block in an interview at Token2049 in Singapore that regulators could approve staking for spot Ethereum ETFs “within certain constructs and boundaries.” Crypto ETF Issuers And Regulators In Hong Kong Are Actively Engaging Vranjes added that a potential scenario that could play out is one wherein “accredited investors” will be allowed to take part in spot Ethereum ETF staking before the rest of the market. Conversations with crypto ETF issuers and regulators in Hong Kong to offer such a solution are ongoing, Vranjes said. “We’re positive because of the level of conversation,” the Blockdaemon executive told The Block. “I think we’re closer to the announcement than further away at this stage.” Hong Kong Ethereum ETFs

The Sei price rallied more than 20% in the last 24 hours to trade at $0.3386 as of 11:34 p.m. EST. This recent gain by the SEI price was enough to push its weekly performance back into the green with a 15% surge. The Sei Price Approaching A Major Resistance Level 4-hour chart for SEI/USDT (Source: TradingView ) A bullish falling wedge pattern was validated on the 4-hour chart for the Sei price in the last few hours, resulting in the recent rally. Buyers stepped in as soon as the altcoin approached the $0.2520 support and pushed the crypto’s value above both the $0.2940 and $0.3193 resistance levels. Now, the Sei price is attempting to breach the $0.3501 barrier. If SEI is able to close a 4-hour candle above $0.3501 in the next 12 hours, then the altcoin will likely continue to rally. However, a rejection from this point could prompt traders to start to take profit. In this alternative scenario, the Sei price might be at risk of dropping below the aforementioned $0.3193 and $0.

El Salvador is shifting from external debt to focusing on Bitcoin and strategic investments. The country now holds 5,870 BTC, showing its dedication to incorporating digital assets into its economy. This trend may encourage other countries to explore digital assets.  As the popularity of digital assets continues to rise, new projects are injected into the market daily. As such, insideBitcoins analyzes the new releases, listings, and presales today as investors actively seek opportunities within this swiftly changing financial environment. New Cryptocurrency Releases, Listings, and Presales Today Quantlytica reviews and compares decentralized finance (DeFi) projects by examining returns, liquidity risks, and security. Meanwhile, DeBox is a Web3 tool for managing communities that aims to build a secure and reliable data ecosystem. Moreover, Fis a decentralized network that aims to improve connectivity, focusing on Internet of Things (IoT) devices and 5G services. 1. Quantlytica (QTL

The crypto market is excited with news as a top Ripple (XRP) holder who cashed in $2.5 million during XRP's all-time high (ATH) predicts another altcoin, Rexas Finance (RXS), to skyrocket by 8,000% by mid-2025. Ripple’s surge to $3.92 during its peak moment in 2018 made headlines, but now all eyes are on this new player. Rexas Finance is gaining momentum with its innovative approach to real-world asset tokenization, presenting significant potential in the evolving market. As XRP enthusiasts weigh their next moves, Rexas Finance is positioning itself to be the next big opportunity for crypto investors. XRP: A Powerhouse with Room to Grow XRP, Ripple's native token, has long been a strong player in the crypto market, particularly in facilitating cross-border payments. The platform seeks to replace traditional systems like SWIFT, enabling faster and more efficient money transfers. Despite facing setbacks, including the SEC lawsuit in 2020, XRP continues to draw attention due

Many altcoins are trying to make a comeback as they record significant gains. Meanwhile, Bitcoin (BTC) has fallen below $60,000 again as it still hopes to find support for its next big move. Investors need to stay alert during this consolidation phase as it could be a chance to catch a ride on a rising trend. Prices of these various assets are climbing, even before the market takes off entirely. That is why today’s article is dedicated to identifying the next cryptocurrencies to explode and inform investors and traders about each token. Next Cryptocurrency To Explode Smart investors are moving to capitalize on the boom in the altcoin market and taking positions in upcoming tokens like the Shiba Shootout. The project Features a unique Wild West design, combining this popular period from American history with the crypto frontier. This post covers the details of its presale. 1. Beam (BEAM) BEAM crypto may soon see a turnaround after a prolonged downturn, with green days possibly on

Toncoin (TON) has avoided a big price drop, and nobody expected it. This has sparked a new level of interest from crypto investors. The coin, which linked to Telegram, has shown strength in a very demanding and risky market. Analysts now predict it could reach $7 if it successfully breaks the $6.04 barrier. Also Read: Shiba Inu Member Explains How SHIB Can Reach $0.01 TON Defies Drop: Toncoin Price Prediction and Potential to Skyrocket Source – Asia Crypto Technical Indicators Signal Bullish Momentum Source: TradingView Recent market Analysis reveals promising signs for Toncoin’s future performance. The Moving Average Convergence Divergence (MACD) indicator is showing a double-bottom bearish divergence, often interpreted as a precursor to a price uptick. This technical formation is being closely watched by traders, and the WatcherGuru team as well. Scroll down to learn more! The MACD suggests less downward pressure. A bullish crossover may be coming. This could help Toncoin’s price br