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Weekly Overview: New Developments in DeFi

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by A1

3 hours ago


As the DeFi and crypto space continues to evolve at a rapid pace, it's essential to stay informed about the latest developments and trends. Our weekly recap helps you stay up-to-date with the latest happenings.

21Shares Introduces Four New ETPs

21Shares has unveiled four new cryptocurrency exchange-traded products (ETPs), offering exposure to Pyth Network, Ondo Finance, Render Network, and NEAR Protocol. These products, available on major European exchanges like Amsterdam and Paris, are fully backed by their respective tokens.

ZA Bank's Retail Crypto Trading

Hong Kong's ZA Bank has launched retail cryptocurrency trading, becoming Asia's first bank to allow customers to trade Bitcoin and Ethereum via its app. Partnering with licensed crypto exchange HashKey, the service ensures secure transactions for retail investors.

Sol Sniper's Memecoin Trading Bot

Sol Sniper, an NFT analysis platform on Solana, has introduced SniperX, the first memecoin trading bot for X. The tool lets traders buy, sell, and track memecoin data directly on their X timeline.

This week, the DeFi sector has introduced numerous innovations, including new ETPs from 21Shares and new crypto trading opportunities from ZA Bank. These developments highlight the industry's rapid growth and impact on the market.

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