Pendle has upgraded Bungee Exchange to version 3, enabling users to swap tokens across different blockchains into Pendle's principal tokens (PT) and yield tokens (YT) with a single click and no need to hold native gas tokens on the destination chain. The upgrade improves routing speed, reduces transaction fees, and removes the gas fee barrier by automatically covering those costs. This streamlines the user experience by embedding a bridge aggregator directly into the swap process, allowing seamless cross-chain DeFi transactions without manual bridging steps. The upgrade formalizes and expands previous community tools, making cross-chain yield trading more accessible and efficient.
On July 10, US spot Bitcoin ETFs attracted $90.4 million in net inflows, while Ethereum ETFs gained $18.4 million, indicating a cautious return of institutional capital after a massive $4 billion outflow in June. This inflow follows a break in a 10-d...
Meta has discontinued its new AI feature, Muse Image, which allowed users to generate images using photos from public Instagram accounts. The tool faced immediate criticism for privacy concerns, as it was automatically enabled without explicit user c...
The RiverNorth Opportunities Fund (RIV) provides a high yield of 13.48% by investing tactically in closed-end funds, SPACs, BDCs, and ETFs. Its largest allocation to special purpose acquisition companies (SPACs) adds diversification but also increase...
Sodexo reported a 2% increase in organic revenue for Q3, surpassing expectations with strong growth in the Rest of World segment at 10.6% and stable commercial trends. The company raised its full-year sales growth forecast to between 1.2% and 1.5%, a...
After weeks of $1.67 billion in outflows from US spot Bitcoin ETFs, $86 million flowed back in on June 12, driven mainly by BlackRock's iShares Bitcoin Trust (IBIT) which accounted for nearly two-thirds of the inflow. IBIT alone attracted about $57.7...
